Borrowing Money From Friends???

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Borrowing Money From Friends Mark Twain said: “The holy passion of friendship is of so sweet and steady and loyal and enduring a nature that it will last through a whole lifetime, if not asked to lend money.” What do you think? Do you have friends that you would be comfortable with lending them some money when things get tight? Or do you have friends that you would borrow money from? I have done both in my lifetime and in each case it worked out just fine. I paid the money back quickly and my friend never thought any less of me. It was a one-time situation that was very unusual. I have also loaned money to more than one friend with no bad repercussions. They were trustworthy and paid me back right away. Sometimes, something comes up suddenly and the bank is closed or checks won’t suffice. It has to be cash. Now, of course, we have ATM machines, but back in my day, that service was not available. A person should think long and hard about allowing money to become something that would ruin your friendship with someone. A lot depends on the AMOUNT of money also. Small amounts of money are easier to loan than say hundreds of dollars. And, of course, it all depends on a person’s current financial situation. IF you don’t have money to spare, you have to say “no.” It’s that simple. And the bottom line is, of course: If your friend pays you back quickly, you are more likely to lend that person money again. If they never make any effort to pay you back. Well, don’t get burned twice.