Do you easily give or lend money when someone asks you?

money sharing! - whooh!i want to have lots of money!!!
@joice86 (1079)
Philippines
May 15, 2007 1:44am CST
I am just curious of how many of you here are generous enough to give money to loved ones or to friends especially during holidays and special occasions. How important money is to you that it is hard for you to share it with others. I have seen other people how important money to them that it is so hard for them to share it. Is it that really hard to share money especially with your loved ones. For me, when I was still studying, I used to easily lend my allowance when my relatives and friends needs money. I don't have that much money but I just know how to save and I don't spend a lot as long that I have money for my daily expenses. Some of the money that I have lend never returned back to me so now, I am already careful in lending money. Now that I am already mature enough to value it. And when I have extra money, I just gave it to my cousins or buy them clothes and foods. You, how do you deal when someone is borrowing money from you? Or do you give money to your relatives during holidays?
6 people like this
25 responses
@charms88 (7541)
• Philippines
15 May 07
It depends on who will borrow the money. I can gladly hand out my money without asking for repayment provided it will be used for the good cause. I remember helping a friend in University before to pay her last quarter tuition fees. She didn't borrow money from me but I can see her dilemma that she won't be able to take her final examinations. My friend repaid me after two years enclosing some extra money too. You give some, you will gain more.
@joice86 (1079)
• Philippines
15 May 07
Yeah, that's really something that it is nice to do. But for me, maybe i was just fed up lending money to everyone. They were not just paying me though they already have money to repay me, that's why I am already very careful in lending money...
2 people like this
@charms88 (7541)
• Philippines
15 May 07
I'm sorry to hear about that. But we both know there are a lot of people who has a devious mind and real greedy. Just try to be selective.
@joice86 (1079)
• Philippines
15 May 07
Yes, now i am very careful and only lends money to my siblings because I can ask the money when I already need it but when it comes to my friends, I don't lend them already...Because they just have the culture of forgetting what they have borrowed.LOL
2 people like this
15 May 07
I am far too generous, usually to my own cost. I calculated the amount of money people owe me and it is staggering. I still can't figure out why I was so stupid as to trust some people, I must have the word "mug" on my forehead as it is always me people come to for help and a handout. I've learnt the hard way about lending money.
@joice86 (1079)
• Philippines
15 May 07
Huh, just don't try to catch how much you have lend already because it will just give headache. LOL... Next time, just be careful in lending money because people at times are abusive...that's what happened to me...
2 people like this
@jenai26 (111)
• Philippines
15 May 07
for me its depends on the situation, we know that its not easy to earn money, if we lend it to someone were taking the risk wether they'll pay us back or run their obligations.... for me i lend my money to my friend whom i really trust and i know that she/he will pay me back,...
3 people like this
@joice86 (1079)
• Philippines
15 May 07
Yes, when you can really trust the person and you know that they will pay you then it's alright to lend them money... Thanks for the response...
1 person likes this
@angela2006 (1846)
• China
15 May 07
if someone asks me to lend money to him,I can not refuse.so as long as I have money in my hand,then I will lend money if there is somebody borrows it.but what makes me upset is that they always give the money back to me,under this condition,I feel shy to ask them to pay back,so it bothers me very much.
3 people like this
@joice86 (1079)
• Philippines
15 May 07
Oh, don't be shy when they repay you. They borrowed the money so it is their responsibility too to return it back. That's ok. THanks...
2 people like this
@easy888 (10405)
• Australia
15 May 07
Hello,joice86,honestly,i do not have much money to lend out to other people,and most of my friends understand i do not have extra cash and they will not ask me ,lol. I have a friend who always like to borrow money from other people and will never repay the money on time,one day,he asked me to borrow 500 dollars for his bills,but i knew he might repay me after one year or even later,so i just brushed him off.
@joice86 (1079)
• Philippines
15 May 07
Yeah, good for you that they know your situation and understands you. I also have this one friend of mine who would always borrow money from me, but I don't lend her money now because I am also short in terms of money and that before she forgot that she owed me money so she was not able to pay me back.
2 people like this
@mcjeannie (704)
• Philippines
15 May 07
Hello to all!When it comes to money, I am never short of it. Thus my two older sister knows I am so generous to the extent barely some had left for me. That was me in the past though. Now I became wiser and still kind but firm to some reasonable extent. I still lend money to necessary friend, relatives and sisters. Like last year I have been away for a year to work overseas to help my sister financially for her radiotherapy, chemotherapy and surgery as she was diagnosed with Cancer.For that reason, it is alright that I wasn't able to save. I think if we are blessed with financial abundance we can still share for the right reason and not to be an enabler for others to teach them be like BEGGARS. And best thing if you have more, better to create jobs for them and work for your company. As it is better to let them teach how to catch fish not to give fish all the time. In this way we wouldn't be blaming ourselves that it was us who made them LAZY people and resort to begging!
@joice86 (1079)
• Philippines
16 May 07
Yes, you're absolutely right! Just teach them how to earn money or give them some work than just giving them your hard earned money... They will just abused you if you will do that and at times, they will already get mad at you if you will not be able to give them anymore.
1 person likes this
@UDDERONES (888)
• United States
15 May 07
I do not lean money to people. There are people who will use you every chance they get and never pay you back. I will loan it to my mother but that is about it. I have found that when you do loan some people money, they forget they owe you money and you have to ask them for it and it is so acqward. I don't like that and then the chance of the person getting mad for you asking them. I just prefer to not get myself in this situation. The only reason I loan it to my mother is she is in deperate need and she always pays me back. If she can't she will pay me back in other ways like clean my house, etc.
2 people like this
@joice86 (1079)
• Philippines
16 May 07
Yes, some people are just abusive...They don't know their obligations and that they think that the money they borrowed is theirs already....
@amgine (226)
• Philippines
15 May 07
like you i have learned that you need to be careful in lending money, regardless if they're friends or relatives. its not about being very frugal or selfish, but mostly, i've been unfortunate to lend money and never to get it repaid. Although in some occasions its okay especially if the person who borrowed from you has the decency to tell you that they are unable to repay you for whatever reasons, but most of the time, im even the one to go after them, which goes against my grain. thats why almost always, they end up not paying me. thus, friendship gets ruined over something very petty. now im really careful. i dont give money to relatives during holidays, gifts and sometimes gift cheques.
@joice86 (1079)
• Philippines
16 May 07
Thank you for your thoughts! Yes, that really happens that friendship is ruined after they have borrowed money from you.... So it is better to be careful when lending money.
@castleghost (1304)
• United States
15 May 07
I am really careful of who I lend money to. I have been burned a few times.I always find out what the person needs the money for and why they need to borrow the money. I only lend money to family members who I know I will get paid back by. I do lend very small amounts that don't matter to much to a few people that if they don't pay back it won't matter.
2 people like this
@joice86 (1079)
• Philippines
16 May 07
Yes, you learn your lessons as you go along with life. Some people are just abusive and that they don't see that the money you are lending them is your hard earned money...
@senthil2k (1501)
• India
16 May 07
It depends on the person who asks..I will lend based on the following factors. 1) Is he a close friend ? 2) Past experience with him in money transaction ? 3) His he a genuine person ? a trustworthy ? 4) His financial condition so far? 5) Lastly, Do I have the money to lend him ? ;)
1 person likes this
@joice86 (1079)
• Philippines
16 May 07
Yes, a lot of things to consider....Thanks for those ones...
• China
16 May 07
Yes, I will give money to my relatives during the most important festivals.But up to till now, no relatives turn to me for money, because I graduated last year. The relatives always trun to my parents :) But when I was in college, some friends turned to me for money, and I lent it to them without any hesitation at that moment. Because I saved a lot when I studied in college, and my family supplied my daily expenses, I also had scholarship each term. So money was quite enough. Now,I am working . I find that money is not easy to obtain. I have to try to arrange it.When someone asks me to lend money, I try to do what I can. If he or she is my best freidns, and I belive in them, I will try to help them, even I borrow money from others if mine is not enough. I lent momey to people, I seldom asked them to return even when I was lack of money. I just wait for them to return. Sometimes, I have to wait for a long time,even more than several years. In fact, I wanna remind them , but I am afraid that they will misunderstand my meaning. I don't wanna them feel embarrassment or feel that I am pushing them to return the money. It is the biggest headache I meet when people turn to me for money.
1 person likes this
@joice86 (1079)
• Philippines
16 May 07
Yeah, i am also like you, someone who feels shy to remind them but it's ok to remind them because i think they are just waiting for you to remind them before they will return the money back...LOL...It is really a headache when one is asking money from you because you will have to think a lot of times before lending them..
@AKRao24 (21196)
• India
16 May 07
I appreciate your generosity and I think one has to be like that! I too don't care and stick to money like a stickler ! I earn money after putting a hard work and I know how to respect my hard earnings! But at the same time I do feel to give money to my near and dear ones and I do give it generously to my near and dears and I am fortunate enough to have a wife who understands my feelings and she encourages me in doing so! Like you said I too had some bad experiences when some people have taken few thousand dollars from me as a loan and they have taken more than 3 to 4 years to return it! At such instances I feel bad and I take a decision not to lend money to any one there after, which breaks within no time if some one comes to me for money with a genuine reason! If I have money to spare, and if I feel that the person asking for loan is really in need of it then I definitely help him/her! I am working on a stud farm as a Vet. I have lot of labourers working here and they do find sometimes some emergencies and they come to me for money! I give them the money but I am very strict with them about the date of returning the amount back! This is must to maintain the discipline and also to keep on rotating the money so that the needy gets a chance to utilise this money of mine! So you can say some funds I have kept to loan for my staff and I readily help them if I find that the fund kept for is still lying with me! So far no labourer has ditched me and I am sure no body is going to do so! I have lend some money to my friends long back ! Some years back and I know that if they want they can return the amount, but still I feel bad to ask back for that money! I think they will return the money when they feel comfortable! I tried many a times to be strict and to say no to a person asking for money! But I am very bad at it and ultimately I yield to his pleas and I end up in lending the money! Yes old you in the beginning I love to share the money with my near and dear and when ever it is possible I try to share it with them! I make it a point to give money on special occasions like birthday, Marriages, Anniversaries, On some ones success in exams etc. I get an immense satisfaction to do so! Thanks friend for initiating such a nice discussion! May God bless you!
@joice86 (1079)
• Philippines
16 May 07
God bless you too my friend and thank for this very long response...I appreciate it that you have taken the time to answer with such a good response...I have learned a lot of things from what you have said and that I have the idea already when someone is borrowing from me. For me, it is just really ok for me to lend to those friends whom i know have less than me but for those people who just borrow from me to buy something or does not know how to save their own money, then I will not lend them for them to learn how to save money too...
• China
16 May 07
i used to do it .and i always could not get it back. but now ,i just lend to those who really need money and will surely pay back. because it is very hard for me to earn money ,so i can not lend my money at ease . when those rascally guys want to borrow money from me ,i will give some excuse to refuse them. i think that is a better way.
1 person likes this
@joice86 (1079)
• Philippines
16 May 07
Yes, when it is hard earned money and others will just want to borrow it then you must think twice before lending them...It's your money anyway...Thanks for your response...
@kitkat1 (1227)
• Canada
15 May 07
I usually dont have money to spare money is tight on a good day but when i can lend i am very careful on who it is. I usually only lend to immediate family and they always make sure i get it back as they know that i cant afford it on the best of days so i am usally having to take it out of an upcoming bill payment and they make sure i get it back before it is due. As far as any one else no i dont do the lending thing and i would never ask them to borrow either.
1 person likes this
@joice86 (1079)
• Philippines
16 May 07
Yes, if its family then it is easier to lend them money and you can always get it back but when they are other people like your friends, it is hard to get the money back...Thanks!
• United States
15 May 07
LMAO! I was talking about just yesterday. I have always had the additude "if i have it and you need it it's yours" well little by little that has bitten me in the butt. I consider myself to be a good person. Do unto others right? Well it should have came with better instructions. I love my freinds and family dearly but after having been burned many times I find my self being a tad bit more cautious.
1 person likes this
@joice86 (1079)
• Philippines
16 May 07
Thanks for that one. We almost have the same situation!
• United States
15 May 07
WEll, I give my mom money like every 2 weeks. I don't care to give her money because she's my mother. She's done so much for me. However, when my boyfriend asks me for money, I always say that I'm broke. I've been raised to believe that supporting a man is not a good idea becuase then they take advantage of you. So, the only person I give money to is my mom.
1 person likes this
@joice86 (1079)
• Philippines
16 May 07
Wow, how nice of you to give your mother money every two weeks. If I will have work already, I will also do the same thing. At least it is for a good cause...
• Kottayam, India
15 May 07
Do you need more enemies then you lend and ask for money.Never do such mistake.
1 person likes this
@joice86 (1079)
• Philippines
16 May 07
Hehe, you're right. Thanks...
• India
15 May 07
me too. I have a generous nature. It runs in my family. My mom did lot of charity work and now my siblings are following. I give whatever I could to the needy ones. I feel guilty when I look at poor people when I have so much. I have everything, my life is comfortable, but do not have lot of money in my hands. That's why many a time I feel bad when I cannot help people.
1 person likes this
@joice86 (1079)
• Philippines
16 May 07
Thanks for that one. Yes, as the saying goes, it is better to give than to receive...
• China
15 May 07
I also lend money to my friend,because they return the money several days.I lend them little money everytime,never much. If he or she is my best friend ,i may lend him or her much money, but i never do it at present.
1 person likes this
@joice86 (1079)
• Philippines
16 May 07
Thanks for your thoughts. For me, i used to lend money to my friends before but only few of them pay me back without reminding them. The others, I still have to remind them when I already need the money which for me is not a good thing...That's I better not lend them money the next time they will borrow from me.
• India
15 May 07
computer - private display
definitely not to everyone... matters how much i know that person who is asking for money. if i have believe in him and i have no problem to give him that amount on that time , i don't think i would have any problem to give him the money.
1 person likes this
@joice86 (1079)
• Philippines
16 May 07
Yes, it all depends to whom you are giving the money. Thanks for your response...