Would you feel bad/ashamed if you borrow/loan money from your sibling?
By Mark72125
@Mark72125 (135)
United Arab Emirates
August 11, 2012 2:36pm CST
Hi guys,It has happened to me many times that I have had to borrow money from my brother.Sometimes I do feel bad about it because I feel it makes me look bad in front of him but he never really tells me anything about it.He is very helpful to me and has helped me financially many times.That is why, sometimes I feel bad that I can't repay him or help him with everything.Once,I asked him directly if it was ok or if he ever felt bad about giving me money and he said no not at all.
What do you think? Is it ok to borrow/loan from your sibling?Would you borrow/loan from your siblings if needed?
Thanks
10 responses
@Mark72125 (135)
• United Arab Emirates
12 Aug 12
I am guessing you and your sister are really close.That is nice as long as she doesn't mind.it's good that you at least think about giving her the money back when needed.Thanks!:)
@Raine38 (12257)
• United States
12 Aug 12
I will be, if I wouldn't be able to return their money on the agreed time. I think as siblings, there is this unspoken commitment to help out each other, parents excluded, whenever one is in need. Of course it goes to show that just because we're siblings doesn't mean they will no longer see their money back. A loan is a loan. Anything that is just borrowed shall have to be returned.
@Mark72125 (135)
• United Arab Emirates
12 Aug 12
Wow,this is a very good answer.It's good that you think that anything that has been borrowed should have to be returned and I agree with you on that.I am trying my best as well.Anyway,Thanks!:)
@Graceekwenx (3160)
• Philippines
11 Aug 12
Welcome to Mylot Mark.
You shouldnt feel bad about borrowing from your sibling, that is ok. In fact, i would strongly recommend that before we borrow money from others, we should be able to borrow within our family circle.
About not being able to repay him, well.. that is your obligation. You should force yourself to pay him at least 10% monthly as your brother has other needs to. Furthermore, your prescence around him is a must. If he needs any form of help like manual labor, always volunteer yourself to do those because that is also a way of repaying him intangibly.
@Mark72125 (135)
• United Arab Emirates
12 Aug 12
Hey,I guess it is always better to borrow money from our family circle than from someone outside.You are right about me being there when he needs some manual labor,I am trying to pay him some of his money back every month.You put up some good points.And Thanks for welcoming me!:)
@Daisy_22 (1229)
• Philippines
11 Aug 12
I never ashamed of loaning money from my siblings.It is better compared borrowing from friends.I never fell ashamed because it is our culture that family should help each other.It is the traditional culture we have to have strong family ties.In my case i borrow money and vice versa in times of short budget for some circumstance.
@Mark72125 (135)
• United Arab Emirates
11 Aug 12
It's a good point you brought up about borrowing money from your sibling rather than friends.I agree with you.Thanks for the reply!:)
@tetris15 (539)
• Philippines
11 Aug 12
I will not feel bad at all because they are my siblings. Who's gonna help me or help them in times of need? It's us, right? So I will no be ashamed of it. There were times that I've asked for money from them and if I have a spare money, I'll return it as soon as I can but if it's the other way around, I'll tell them that I'll just pay it when I have extra money and they don't complain.
@Mark72125 (135)
• United Arab Emirates
11 Aug 12
I guess you have a good point there.I should keep this in mind and it is a very logical answer hehe.Thanks!
@bm1b4by (82)
•
11 Aug 12
I feel that if you're going to pay him back then there isn't a problem.
I have borrowed little bits from my sister, only when I know I can give it her back within the next few days.
I would hope when she's older if she was having serious money troubles and I could financially help her that she would ask me. She family, and I would do the same with all my family and a couple of my friends, if I knew I could trust them to pay me back.
@Mark72125 (135)
• United Arab Emirates
11 Aug 12
I guess your right,there shouldn't be a problem if your gonna pay back but still even though you are gonna pay back it can be a little discouraging when you have to again ask for money in a short amount of time.
@roshigo58 (4859)
• Pune, India
16 Aug 12
So far i have not borrowed from my siblings. Because in my opinion as far as possible avoid borrowing from your siblings, friends or nearest and dearest one.Your brother is very nice as he never minds. You are lucky to have such a fine brother, but everyone is not lucky like you. It is but natural for you to feel awkward.
@wilsonburrell (207)
• United States
12 Aug 12
From my siblings, yes I would because neither one of them has a dime to give really. I had to borrow some gas money from my dad once because I realized I didn't have enough and I didn't get paid that afternoon. I was so nervous about it but he was very cool about it and just gave me the money.
@aisapellis (37)
• United States
12 Aug 12
Hi mark! I don't feel about if i borrowed money from my siblings. I even asked it from her rather than borrowing it. What important is as long as it is ok for your siblings, i doesn't matter. I can only speak for myself but it is probably different every country or places. In my country (Philippines), it's ok because we are known to have close family ties which is different from American culture.
