If your friends borrow money from you,what you will do?

@SmilyQin (179)
China
March 15, 2009 10:31am CST
I started to work one year before,and I haven't got enough money. Several months before,one of my classmate borrow some money from me,I don't know how to refuse her,and I do have some money(actually not too much),so I give it to her.Now she didn't mention the money and we haven't met for a long time! What's more,two days before,another classmate(they two don't know each other) call to ask to borrow more money from me.it is somewhat large amount for me,but it seems that he meeds money very much.So i give to him without any words.He even never mentions about when to return it! Then I couln't help thinks,will they return my money or not? AM i RIGHT to borrow them money easily and without any promise? I wanna know how you deals with these things,i really don't know how! Thanks!
2 people like this
18 responses
@xbrendax (2662)
• United States
16 Mar 09
What's the matter with you? Do you have the words: (Free Bank) written on your back or something? Why are you giving away your hard earned money like that, because that is exactly what you are doing, (giving it away)! Those users will NEVER pay you back and it will only get worse, EVERYONE will be coming to you for free cash! Are you lonely? Are you buying friendships? Sorry I came down on you a bit too harsh but you can't keep doing that. Those kinds of people are users and they find sweet, generous and kind people to use, I know because it has happened to me many times till one day I smartened up and stopped giving! Oh, and by the way, not one of (my users) ever gave me back a red cent! In fact, after a while, they acted like they didn't even know me! So please stop handing out your money, it's yours, YOU worked for it, not THEM!!
@SmilyQin (179)
• China
16 Mar 09
Thanks for your words,i should learn from this!
@patialvi (715)
• India
15 Mar 09
well, it depends, how close you are to that friend? if you are just known to each other, i think i wont lend my money but if he/she is very close to me then i can give them the money without any words. if suppose i give the money to my "just known" friends then, i will definitely will ask him to return it soon and i would say that i am in need or i need it till ..some date...N'joi
@SmilyQin (179)
• China
16 Mar 09
Well.we aren't so close!
@sbeauty (5865)
• United States
15 Mar 09
I would never lend money to a friend, because that's the surest way to break up a friendship. I've done it in the past, and usually I've been sorry, so now I just make a practice of loaning nothing to no one. That includes my books, because most often I wouldn't get those back, either. I got tired of losing things I cared about, including the friendships that went along with them. Now I either give the item to someone on a permanent basis, or I don't let them have it at all.
@SmilyQin (179)
• China
16 Mar 09
Good way,i should learn something from you.Thanks.
@parvezjs (422)
• India
16 Mar 09
I believe help and forget. You helped them when you had money and you were able to help them, its bad that they dint turned back but there is something good behind it, You will surely get something good for the good done. Because of this don't change yourself, you really have a very good helping nature. The ones who dint returned back will one day realize their mistake. For that you don't change your good habit. There are very few people now who have got such habit otherwise all have become selfish. One of my friend who is so helping that he helped one of our friend whose fathers operation was there by selling all his shares. Hats off to him.
@Rikza1 (295)
• Finland
16 Mar 09
Money has broken one of my friend relationship. It is terrible how this can happen. I borrowed one of my good friends 20€ because he needed it very badly. I knew I shouldn't have done that, but I still borrowed, and after 3 months he pays me back 0.5€...he has still never paid me after 3 years it happened, and we see each other every day. I have already lost my hope. Now I only borrow money to people I'm 100% sure I get them back, so that really means one or two friends who I am sure of. The other friend I have often borrowed money and he always pays me back whenever he can. Money is treacherous, and can break just about anything.
@hollysun (97)
• China
22 Mar 09
Hi SimilyQin.I'm sorry to hear that.I think this is a very tricky thing for anyone,not only you.You did very well to help your friends when they are in trouble.Don't worry about that as they do return it to you ,maybe they haven't been out of the trouble yet.If they don't want to return the money ,you can ask them for that,and you shouldn't lend them any more.Don't be shy or embarrassed,because it's what you earn by your hard work,in any case,you are righteous,it was your friend's fault,so there is no need to feel guilty or other.In a word,just be chill out.By the way,i think your friends mentioned above are irresponsible and incompetent to be a friend to others.I have borrowed money from my friends ,but i always tell them when i can return it and i usually realize my words on time,if i can't return on time for some unexpected reasons,i will call them and tell them the truth,and ask them to give me a longer time to pay for that,and then i will make it.I'm a student and don't earn money now,so nobody have ever borrow money from me.But,i think i did well when i borrowed money from others.There is an old saying in China: return as quickly as possible and it's easy to borrow again.Besides,we should learn to refuse sth or sb,especialy things are not rational.
@lingli_78 (12822)
• Australia
16 Mar 09
i had learn from past experiences that money can break a friendship... so i never want to lend money to my friends anymore except to my family members... and my mentality is, i prefer to give if i can rather than say borrow... that way, i am not hoping too high to get my money back... otherwise, i won't even borrow the money to the person at the first place... take care and have a nice day...
@sumiirajj (1983)
• India
16 Mar 09
Hi friend,I haven't yet met such a situation because I never lend money to friends or relatives.Lending money would certainly break our relation one day .So we should not lend money ,if you lend money then you should have the courage of asking the money back from your friend.The people who borrowed also should have some fear that they should return the money back.thanks for sharing.happy mylotting.
• China
16 Mar 09
If my friend just try to borrow a little money from me, say less than 1/3 of my monthly income, I would give him the money. If he wants to borrow more than 1/3 of my monthly income and less than my whole monthly incomes, I would not give it to them so easily. He has to tell me in detail why he needs the money and I would have them to promise me when he will give me back. If he needs more than my whole month income, sorry, I couldn't help. it is say that lending money to your friends is the easiest way to lose friendship and one should never lend money to one's friends. but I trust my friends because I choose my friendships carefully.
• China
16 Mar 09
It depents,first I'll check my finance situation,if I can afford andthis one is my best friend i'll lend no doubt,if not,I'll see what happen he or she.
@yspring (272)
• China
16 Mar 09
if she were a good friend to you,she will return you money .but you should know that when you are in school,the people you make friends with who is worth for believing all the life..some people do not worth for being friends all the time .so in future you should think more about that,,real friend is worth for lending money in their needing time..just waiting ,your friend will pay back your money!
• Philippines
16 Mar 09
Hi!...if I am on your case I think I should think it first before I let the person to borrow a money because he/she might just used it in a wrong way beside you don't really know that person who wants to borrow from you. I had experience like that before but it is not that much she borrowed from me so its okay to me because shes my friend and i really know her.
• Philippines
16 Mar 09
There were many people who were like this, and we do not even know that the money they borrow from you was used for a big reason or they just used it just for their happiness. Next time if there are people or one of your friends who wants to borrow from you do not let them borrow easily, I mean think it wisely and do not be getting rush to give money to him/her. Because there were people also that who take advantage.
• Philippines
16 Mar 09
i would ask first the reason why he/she needs to borrow money from me. if her/his reason is good, i will think first if i should let him borrow money. we must talk about an agreement when will he pay his debt. if we both agreed in our conversation, everything would be in a good way. for me not to think twice, i will have something from him to assure that he will pay me in return.
• United States
16 Mar 09
I think that everyone should be smart about lending their friends (or anyone) money. I have always learned never to lend what you cannot afford to give away. Sometimes if you don't have it to give, you just don't have it. If you choose to lend money to a friend, make sure you all communicate about the issue beforehand so that you both know where you stand. Sometimes friends take advantage of the situation and take your kindness for weakness (I guess that would not make them a good friend to begin with) but if you don't say anything about it, they will continue to ignore the situation as well.
• Philippines
15 Mar 09
It's right to let them borrow your money but before you let them borrow assure yourself first if you need the money then when your trying to let them borrow the money ask them when will they return it.. If they had no assurance, much better not to let them borrow coz sometimes when you're so good you tend to enterain other first before yourself.. Try to think about yourself first before others.. Sometimes you just have to be wise..
• Philippines
16 Mar 09
i can if and only if i'm sure that its an extra money... lending money to a friend is not bad, however, you need to take the risk of not having it returned back to you.... i don't usually lend money if i think that i will be needing that money in the future... i don't want asking my friends to return the money back mostly if they can't since the reason why you lend the money is because they need it, thou... its their responsibility to pay you back as soon as they are able to pay... it doesn't mean that if you don't lend them then you don't want to help, your just wouldn't want to ruin your friendship...
• China
15 Mar 09
If I have enough money,I will borrow to them.The money I will suppose give them,if they return to me,that's my extra income,if not,I dont care.but we are still friends.