• Cover: April 16, 2014
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The Ps and Qs of Friends, Family and Money

Page: 7 of 11
  • The Situation: Your friend is a seamstress and offers to hem your pants—all five pairs.

    "Always offer to pay her," says Post. "Chances are, she'll say, 'Don't worry about it,' but don't be shocked if she doesn't." If she does hem your pants—or style your hair or give you decorating advice—gratis, a gift or a gift card is a great way to thank her for the service she provided. But be careful when it comes to soliciting professional advice from friends. If you're asking for legal counsel from your lawyer buddy, then be upfront and admit that you aren't sure what crosses over into billable-hours territory. This gives her a chance to say what she's comfortable advising you on for free.

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The Ps and Qs of Friends, Family and Money
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