do your often borrow or loan money to others ?
By Barry1120
@Barry1120 (153)
China
December 23, 2008 11:38pm CST
i oftened loan money to my friends last year,but i'am tighting budget,i want them return money that i can resolve my trouble just in time.but they no reply even can not contact somebody.weep,,,i'm so gloomy,,now i regret why would i generous in gave help.
1 person likes this
5 responses
@surveytaker29345 (489)
• United States
24 Dec 08
I do not borrow money from my friends and they do not borrow money from me. We are all college students, and none of us has any money.
Honestly, I would be very leery to loan money to friends. It can cause some problems in a relationship, and I would never want to have a disagreement over money. I also do not want to borrow money from friends for the same reason.
My dad has loaned money to people in the past and has never been paid back. I think this is just dishonest and wish that people would stick to their word.
I hope you are able to get your money back from the people that you loaned it to.
@regal_aeros (2605)
• Singapore
24 Dec 08
i've learnt it the hard way too.
if you want to loan money, be prepared it will never come back. and be prepared to lose the friendship too.
before you loan money, kiss them goodbye forever first.
@flagella08 (5065)
• Philippines
24 Dec 08
life like that when you're in that kind of business. it would be my last resort if i have extra bucks to borrow for other people, because along with it are lots and lots of risks. mosty of the time, the biggest problem would be to the person who lended money and gave help.
@deserve40 (1656)
• India
24 Dec 08
I did take loan from my friends and also from banks earlier but now I have stopped it. I felt that when I had taken loans from the banks I had to pay very high interest and I also became little lavish in spending because I would get the loan easily. While repaying the loans, I found that I was always running short of funds.
I am fortunate to have good friends and other family members who are always ready to help me even by giving some money when I need them. However, that too is not good thing as per my experience. In this case I used to become careless in returning their money because they were my own people. They would never demand except in cases where they needed the money very badly. But I feel that this was also not good thing on my part.
@srik11 (482)
• India
24 Dec 08
hi,
yeah i do...infact i do it a lot these days...
often i end up lending money to my friends out of feeling of friendship..
this doesnt hurt me a lot .... but when i dont get my returns soon.i start regretting..
i consider myself one of the nicest human not only for lendin money but for various other reasons....
bye