Many people say money and relationships are like oil and water and can never be mixed, so the combination of finance and friendship can be tricky to navigate once you either give or receive cash.
However, you’re likely to find yourself in this position at some point in your friendship, with a third of people in our survey saying they have borrowed money from a friend, while two-thirds say they have lent money.
‘Friends can be a great source of finance because these are the people we trust the most aside from our families,’ says relationships expert Sarah Louise Ryan of lessonsinlove.co.uk. ‘But once money changes hands, you have to be sure that your relationship can stand the financial test. It can be a really stressful shift of dynamics in a friendship.