A famous saying in Tamil on money lending- ‘கடன் அன்பை முறிக்கும்’ – (Debt breaks friendship). One thing I have heard people say about lending money to friends is ‘it is as good as charity’. Don’t expect them to return the money and be okay...
A colleague of mine Bharat Kulkarni recommended this book ‘The Psychology of Money‘- by Morgan Housel. As I was recently traveling and needed something to read on the plane, I picked this one up. It was a relatively simple & short...