<prompt> Human: I am trying to make a fund to lend myself and familyfriends some money, the idea is to have a lower interest rate than banks and if I need money for a trip or something like that to lend myself and keep the fund growing. What are the things I should consider? Where to put the money, how to lend it? should I have it with someone else? I know there are things I am unaware of and I would like to hear your thoughts about it.  <response>: Seems like a terrible idea to get into the loaningcollecting business with family and friends. The consensus around here when loaning money to those close to you, that you should assume youll never see that money again. If you do, thats great. If not, then you shouldnt get too bothered about it, because you might burn some bridges. 