Do you think it is wise to borrow money fro your friend?

Philippines
October 24, 2008 9:04am CST
I've seen a lot of friendships break apart because of money issues. When a friend is in need, they have no one else to ask but us. But up to what extend should you help your friend? Would you ever borrow a large amount of money to your friend? Or would you ever lend your friend a big amount of money?
3 responses
24 Oct 08
I'm a sucker for a sob story from a friend, and I would give them my last bean if they needed it that much. My hubby thinks that makes me overgenerous to the point of being a mug, but I'd like to think, if it were the other way around, and I was in desperate need of money, they would do the same for me. However, I had a friend, who happened to live in the flat above me and she borrowed things from me constantly, which towards the end, really bugged me to the point where she spilt juice on the communal corridor one day and I slipped and went beserk at here, whereas normally I would have just let it go. I think she just took the mickey out of me, and I couldn'tunderstand why she was singling me out. I really got me down, and I stopped answering the door to her, because it was to borrow some money for her daughters nappies at the end of EVERY month, or a cup of sugar, and it even went as far to my clothes, make up and hairbrushes! She really did upset me, and I may sound an idiot, but I would do the same all over again. Simply because I do not like seeing people going without when they don't need to. I guess it all depends on the person you are, and how much you are prepared to take. I suppose if I had sorted the borrowing situation out straight away, it wouldn't have escalated to the extent that it did, and we would never have fallen out. Who knows!
• Philippines
24 Oct 08
hahaha. spell abuse. but just like you I sometimes find it hard to say no specially when they are really in need. But abusing the friendship is a no no for me. I somehow lerned to set the limits and by that they learned that I also demand respect.
24 Oct 08
I iwsh I knew when to say no, I'm just too nice for my own good sometimes, I think! Still, maybe the world needs people like me every now and again to count out the stingy people! Ha ha! x
• Malaysia
24 Oct 08
It depends on how close or how much I trust the person. If he/she is really close with me, I don't mind to borrow him/her some money but not much since I'm not a rich person. Also, I will need to check whether he has the ability to pay me back in the future.
• Philippines
24 Oct 08
that's so true, borrow only when you know you can pay later.
@june50 (111)
• China
24 Oct 08
I don't like borrow money from friends. but if i need it very urgent, i will try to ask for my friends' help. And I will always pleased to lend money to my friends when they need my help.
• Philippines
24 Oct 08
I don't like it either. but when the time is really tough and I know I will be able to pay later then I do borrow.