Is it ok to barrow money from friends?
By jbelle
@jbelle (912)
Philippines
24 responses
@jungle_girl (138)
• Philippines
23 Aug 07
I don't borrow money from my friends. But my friends borrow money from me. I don't think there is anything wrong with it, as long as you don't get abusive about it.
@jungle_girl (138)
• Philippines
25 Aug 07
But friends do automatically have an extra benefit in your life don't they?
I still don't see anything wrong with borrowing money, just as long as you don't make it a habit.
@Malyck (3425)
• Australia
23 Aug 07
(borrow, not barrow, a barrow is like a wheel-barrow) =D lol
I have borrowed money and lent money to many of my friends, and to my sister, when they need it.
I don't see anything at all wrong with it, as long as you will pay them back, or they will pay you back in full.
It's what friends are for - support, help & friendship.
@purplehaze (661)
• Philippines
8 May 07
it's ok to borrow money from friends if it's really an emergency.what is bad is when you borrow money from your friends because you want to buy something you fancy in the mall or something not really important and you cant wait for payday to buy it. Your friends might lend you one time or another, but if you make it a habit already, your friends may start to have a bad impression of you and when you really need it for an emergency, you might not be able to find someone who can lend you the money.
I would suggest that you budget your salary and prioritize your expenses so you wont get short before the next payday. If your salary is just enough for you to spend on the regular expense like food, transportation, and lodging, then you should try not to waste your money on unnecessary things.
@suspenseful (40193)
• Canada
23 Aug 07
I would not advise it. It should only be for dire emergencies and you should pay back the money as soon as possible. Therefore if you do so, you should make a payment bank arrangement schedule and keep to it, even if it means going without. There have been too many cases when the one who was owed the money lost his business or his reputation because he did not receive the money back he was expecting.
@cefaz_21 (2596)
• Philippines
23 Aug 07
I think it is ok as long as you pay them back on time..I have no rpoblem with it as long as they pay back. I also borrow from freinds specially before when I was so broke..:)
@myliezl0903 (2726)
• Philippines
23 Aug 07
i guess it's ok if my friends will borrow money from me.,what are friends for if you can't help him/her in times he/she needed you. but make sure also that he/she will use it in a good way and not just for her/his vices or something and make sure also that she/he is a good payer. LOL! Ü
@toonatoons (3737)
• Philippines
4 May 07
only in extreme cases, i think. but if it becomes a habit, that's not good at all.
@sreejithsreenivas (10200)
• India
4 May 07
Yes,you can borrow money from your close friend.It is our duty to help each other in difficulty..A friend in need is a friend indeed.There is nothing wrong in borrowing money from friends.If friend cannot each other in hardship,then there is no meaning in friendship.It is ship that never sinks.But getting and selecting a good friend is the main problem now a days.
@Dayna_Jeffrey4ever (1014)
• United States
20 Nov 07
I try to not borrow money unless it is absoulutely necessary. I have borrowed a few dollars till I got paid from my job. I always pay back promptly.
@smartbrain69 (2790)
• Canada
25 Jan 08
Borrowing money from friend in emergency is ok not a problem, but always keep in mind that money makes relation and spoils relation. If you take than before he ask or before the due time please return it back.
And also this is a time tooo to check true friend. Money people keeps money but deny of giving it to friend and claim to be true friend.
@cripfemme (7698)
• United States
13 Apr 08
I barrow money for justice, like if I'm doing activism and a need a bit of money. I'll ask, but not for regular items, unless its food, meds, or other life essential items. I think it's fine; just be sure to pay them back.
@elshaddai123 (3981)
• Kottayam, India
4 May 07
I never borrow money, but if I have taken I see that I will return to him in time.
@cheongyc (5072)
• Malaysia
2 Oct 07
I think it's absolutely ok to borrow from friend at a small amount and if it's not too often. Unless it's really emergency, I will avoid borrowing money from friend. I would rather borrow from my parents. If I happened to borrow from friend, I will return the money right after I have the fund available. I think in some cases, you need to remind yourself to return the money to your friend. Because, especially for smaller sum of money, your friend might feel embarrasing to ask for the return, but still keeping it in their mind everytime they see you. So, in order to avoid such occurance, I will usually return the money as soon as possible before I forget about it.
@furqanoops (363)
• Pakistan
1 Oct 07
you are right some time we realy find that kind of situatins in our lives, its not a bad thig to do but problem is this thatr if we will barrow a hudge amount of money from our friends than this will be dificult for us to return it back, barrowing of few money i ok and we easily return them
i never barrow money from my friends and never give them, because if i will not return him or he will not return me our friendship will hurt in this situation
@erickrubio (624)
• Philippines
1 Oct 07
As much as possible, I save money. But if I really need money then I borrow from my friend. But I never forget to return the money I borrowed at the soonest possible time so that I can borroe again when the need arises.
@Immortalsoul07 (262)
• Philippines
26 Aug 07
It's ok if you know how to return. Theres a lot of people who don't know how to return th borrowd money. One of my friends tell me not to lend money because it can break friendship.