Would you loan out all your money to a family member? / myLot

September 13, 2022 6:43am CST

I have to loan out all my money each month. That person gives me my money back. Next month she takes all my money again. This happpens each month. I don't have a stable income. I am desperate to have my own money. I will be on disability soon but the money will come next month. And the amount will be too low. Money causes so many problems.

8 people like this

11 responses

Jojo

@Sojourn (13836)

• India

13 Sep 22

Does she pays any interest?

1 person likes this

Diana

@dya80dya (33637)

•

13 Sep 22

No.

1 person likes this

Jojo

@Sojourn (13836)

• India

13 Sep 22

@dya80dya You might ask for as small interest as u may seem fit if she takes from money from you every month.

M Cheung

@Beestring (13348)

• Hong Kong

13 Sep 22

I did lend some money to a close family member because I know he needed the money to save his business. I got my money back on schedule. That was a one-time deal.

1 person likes this

marguicha

@marguicha (215604)

• Chile

13 Sep 22

I can lend some of my money, but not all of it. I need a sort of cushion just in case.

1 person likes this

@ShyBear88 (59285)

• Sterling, Virginia

13 Sep 22

I hardly lend our money to people only because we still need the money very much. Some times I tell people I can give them just a $5 other wise I’m most likely borrowing money and paying it back.

1 person likes this

Nocturnal Writer

@Nakitakona (56302)

• Philippines

25 Sep 22

Yes, sometimes especially when I have an extra money. I never lend all my money.

Warner Williams

@Viastra (52)

• Nicaragua

13 Sep 22

I do share your place. I live in Nicaragua and I have been unemployed since 2018, but I have kept myself afloat by investing in the business of four partners, it is like lending all my money. Each week they make returns to me, just my earnings without the capital, and all my money is still outside.

@kixsh101 (2103)

• Philippines

13 Sep 22

Wow! That is amazing

kixsh101

@kixsh101 (2103)

• Philippines

13 Sep 22

Agree. Money is a real pain.

Marlina

@marlina (154166)

• Canada

13 Sep 22

I would never do that.

@DaddyEvil (137142)

• United States

13 Sep 22

I have "loaned" all my money to family before and never got it back. I make a point of only "loaning" money that I won't need back because it probably won't be returned.

Trebor Ika

@Treborika (17296)

• Mombasa, Kenya

16 Sep 22

I actually can't loan all my money to a family member simply because As a family man I am supposed to have saved money at home or bank for

hemanth k jadhav

@Henmanth3377 (45)

•

24 Sep 22

Dont lend all money atleast give her 40 percent of ur money and tell her to give along with the interest..so that could have save ur money..