How do you deal with people who keep asking to borrow money?

I deal with people like that by mostly denying them, as I am always broke too. Of course now that I live on my monthly retirement check (which isn't much) nobody ever asks me for a loan

I think it's best for people to work out their situations on their own. If you keep lending them money, they will just keep asking you, and never working out their budget for themselves. If people stop lending to them, they will learn they need to budget better to make their money last longer.

I will help people out once, if they pay back, I help again. I will not loan large amounts, as usually you get stuck for at least part of that.

The best way to deal with people like that is to not loan them money in the first place. I've been in situations so much where I'm asked to loan money and when I do, I never get paid back and they just keep asking for more and more. So, if I avoid giving anyone money, they don't turn it into a habit. And, I hate giving money to someone that likes to borrow money without trying to change their luck and actually get a job themselves. I mean, if people continue to give them money then instead of actually getting jobs, they'll just continue to mooch off everyone. So in my opinion the best way to avoid this is just to not give them money in the first place. It really saves you a lot of trouble in the end.

I don't like these people. It is not that I want to be really cruel leaving them without any money, but I believe that people have to get some job and earn their own money without buggering their friends about their financial problems. I believe that they can do that, but if they are lazy, they would get nothing from the job, and none from me too. I would say no, or maybe lend them a little, saying that I am in the need of money too because of there are something came up. That would be a lie, but that would be a good lesson for people so that they are not going to depend themselves to other people.

Your question is included in our exam. The question in our exam is how would you deal a person who keep asking money so that he will not borrow to you. The answer to that question is don't lend him anymore. Because if he borrows money again to you he will keep on borrowing to you. i think it's true.

I tell people I just do not have any extra money at this time. As long as someone keeps bailing them out they will not learn how to help themselves. You need your money for many other things, such as investing for your child for college. Making an extra mortgage payment. Having a good time. You earned it. You could offer to help them find a job, or sign up for any benefits they are eligible for.

I don't have any friends that do this. Thankfully :) I would have to say that if I was dealing with this- I would not let these friends borrow the money if they were not working- Well I might the first time- then if they didn't pay me back - nope. If they really needed the money for their kids then I would loan it also. It's not the kids fault that the parents don't work!

I honestly can't think of a single friend who would take money from me if I tried to give it to them. And I have never been asked. I guess I run with a very self sustaining crowd..... more like very resourceful, there are just so many ways to earn money if one wants to.

This is a really hard subject for me now, as over the years I have helped a few people and it always seemed to turn out bad.Like when I needed the money back I could not get it back, or worst they donn't even try to pay it back. So I donn't think I would help anyone again, also things now are too tough for me.

I don't have this problem! I guess all my friends know I have no money myself so they don't bother asking. I think that if I did have a friend who was constantly asking for a loan I would eventually get to the stage where I'd say I had no money myself. I don't mind loaning people money when I have it, but I wouldn't like it if it became something that was happening all the time.

If it was the same person asking to borrow money and they struggled to pay it back then I wouldn't bother lending them money. If they cant control on what they spend their money on then why should I bother helping them out if they cant be bothered to help themselves. I know it sounds selfish but why should I go out of my way to help others when they dont even to try and help themselves.

Well....this is hard to answer. I guess if you don't have money to lend or give them, you can't very well do that, but most of the time I do, and I feel bad if it's a friend in a bind and I COULD help them but don't. On the other side of this coin is the fact that if they are not actively helping themselves, and just constantly coming to me, I am enabling if I help them, knowing they are taking it as a handout and not a hand up. In direct response to the question in your discussion - do I think it's a good idea to help those who are perpetually in hard financial times - no. If it's something that just happened and devastated them and normally they are self sufficient, then I help - by any and all means that I can. If they are ALWAYS scraping the bottom and ALWAYS begging for help, then I usually distance myself. Sometimes they still find me and ask me and I do small things like maybe give them a few bucks for gas or take them out for lunch but I don't loan them $100 either.

I think it's good to help out a friend for a certain period of time. The problem is that in alot of cases you may not get your money back. If it's someone who's turning job offers down without a good reason I wouldn't lend them any money because I don't want to be taken advantage of. It's nice to have someone to turn to for help but people have to try to help themselves also. We keep our finances to ourselves so we can use the excuse 'we don't any to lend' if someone who can work asks.

simple.i just remind them i'm tapped myself,and they usually go on to the next person.if i have extra food or something,i'll give them some,but i'm not in the position to help them financially.

It is not good to keep helping people who consistently ask to borrow money. Do these people pay back their loans? If they do not pay you back then it sounds like you are supporting them. It is hard to tell someone no when they ask for money. I do understand that.

I've learned to be very careful who I lend money to. I don't have a lot to spare so I never, ever lend out an amount that would compromise my own situation if it were not paid back on time. If I lend a person money and they don't pay it back then it will not happen again. For any greater amount than a few bucks....I only know a handful of people that I would risk that with and they are not the types to ask often. Someone who doesn't work or seems to have no incentive to... I've learned to say no. I work hard for my money and I am a single mom. Any money I hand to someone else is money that I'm taking away from my kids if I don't use a lot of discretion in who I lend to.

hmmm. I lost a good part of my money to them. I do regret to had friendship with those guys. I never knew they had bad intentions and are eyeing on my money only. That was really bad. Now I am keeping such friends away from life. I don't want such friends anymore. They are the real cheaters. borrow money and disappear! OK, if they don't have job and money, I am happy to help them, but these guys are well employed and not returning the money.

I never lend what I cant afford to Loose, it is easier just to say no to everyone and thn no one gets offended.

Once in a great while borrowing money is ok. If they keep asking you for more and more then i think you should straight out tell them that you are not going to give them money.