Consider also how you’ll feel watching your friend spend "your" money. "When a bank lends you money, it doesn't usually get upset about the fact you've gone on holiday to Greece and bought some Arket jeans before you've repaid your credit card in full," says journalist and author of Money: A User's Guide
, Laura Whately. But as someone’s friend, you may start to feel aggrieved if they appear to be spending on things you consider frivolous while they have outstanding debt to you. If you know you’ll be annoyed watching them doing their own thing, Whateley suggests: "Make it clear at the outset, otherwise agree a point at which you expect to be repaid, and don't get pissed off before that date arrives. It's not for you to judge how they are spending."