Robbing Peter to pay Paul
By ronaldinu
@ronaldinu (12422)
Malta
December 29, 2008 9:48am CST
I don't know how such people strive when it comes to the financial aspect. I have won a court case a few years ago. The guy reached an agreement with my lawyer to pay me in monthly installments. He was supposed to pay me the last two payments at one go in mid Novemeber. He came at my house begging me to give him chance for another month. Which I did because I think he was genuine in his plea and because he has a family to take care of. However when after a month he started to bring lots of excuses for not paying, I had to put my feet to the ground and demand to be paid. Which he eventually did. But he only paid for one installment instead of two. He said that he had to ask a friend of his to lend him money. Do you agree with the idea of robbing Peter to pay Paul?
9 people like this
29 responses
@spalladino (17891)
• United States
29 Dec 08
It sounds like this guy is trying to do whatever he can in order to live up to his obligation to you. I don't know the situation but it's not surprising when anyone is having a problem making ends meet during these tough economic times. My stepson has gotten himself into a situation with the SUV we told him not to buy when he had a perfectly good Bronco that he owned outright. He tried juggling his bills but he and his girlfriend lost their apartment and have moved in with her mother. I recently learned that the SUV was repossessed for the second time in two months and now the dealer wants over $1,000 to release it and his payment will be over $700 a month. He came to his father for a loan but we had to turn him down. He already owes us too much money and there's no way that they can afford that payment now. Robbing Peter to pay Paul doesn't work for long.
@ronaldinu (12422)
• Malta
29 Dec 08
I do agree with you. It might work for some time but not for long. I admire you for helping your son but sometimes you have to be firm. I hope that your son takes the message and does not try to obtain a loan from sharks that will loan him any sum of money at high interest. This guy that owes me money did some bad tiling works. Needless to say that I had to buy the ceramic tiles for the whole house and hire a new tiler which costed a lot of money. I am trying to be reasonable, it is better to get paid monthly than nothing at all. However one has to be firm sometimes.
@lisa0502 (1724)
• Canada
30 Dec 08
I would have to say that sometimes I also do this. But there are just some priorities that more important. I would have to say that this would have been one of my top priorities. I try to make everyone happy at the same time, so it is all about money managing.
@ronaldinu (12422)
• Malta
30 Dec 08
Better money management and not living beond your expenses migh help to overocme this problem.
@mtdewgurl74 (18151)
• United States
4 Jan 09
I know a few people who have borrowed money to pay us back after we loaned it to them. It just gives the person more time to have to pay back the money to the other person now.
@ANTIQUELADY (36440)
• United States
29 Dec 08
it's not a good place to be but i have been there in the past. people have a hard time. of course they bring alot of it on themselves. hope u get that payment & get rid of him.
@ronaldinu (12422)
• Malta
29 Dec 08
I hope that I get my last payment too. Since I have already forked money ou t of my own pockets to pay for the damages he has done to me.
@syeryn (573)
• United States
29 Dec 08
Sometimes robbins Peter to pay Paul is the only way a person can survive week to week or month by month but I don't see myself doing it. Eventually it catches up to you and both Peter and Paul will demand their money at the same time.
I buy only if I can pay cash for the items. I save up for those big purchases and prefer not to be in debt to anyone for anything.
@ronaldinu (12422)
• Malta
29 Dec 08
I dont think it is a very good practice as eventually you will be caught with your back against the wall.
@kellyjeanne (1576)
• United States
2 Jan 09
I hope you get things straitened out with this guy. I really do. It must be so frustrating for you to deal with him like that.
As for robbing Peter to pay Paul........ I think it depends on the situation and the sad fact is that most people do it. I guess as long as both parties are paid (repaid?) in a timely manner there's nothing wrong with it, but, if you are irresponsible about it and have no intention of paying your debts then that is no good and you should rethink your ethics.
Purrs,
Catwoman=^..^= & Mija
@winterose (39887)
• Canada
30 Dec 08
many people are forced in that position, if you do not have the money you have to get it from somewhere and so we are forced to borrow,
or we pay one bill one month and not another then the next month we pay the other but not the first one and we have to live like that.
@alindahaw (1219)
• Philippines
30 Dec 08
I guess that this person is really down on his luck. He is probably broke and could not afford to pay you anymore. With the economy this bad, it's a little wonder that many people out there are financially drained. He is probably telling you the truth that he borrowed some money from a friend to pay you.
@annjilena (5618)
• United States
30 Dec 08
not at all he owes you he needs to pay you have been kind enough he trying to take advantage of you.when you owe someone tou have to show geniune care in this matter now he needs to do his part.
@kun2349 (23381)
• Singapore
30 Dec 08
It all depends on which side of the story we are looking at.. IF we are looking from your side, as long as u get the money, that's good for u.. BUt if one is looking at his side, he has got no choice, since u dun give him any leeway to come up with money..
To him, as long as he pays u, he will be freed.. So actually to him, u are actually the one forcing him with no way out.. haha
@guybrush (4658)
• Australia
30 Dec 08
I definitely don't agree with robbing Peter to pay Paul - it can only get you deeper into trouble. It's a shame this man has had to do this - I suppose he felt bad he'd kept you waiting for your payment and didn't want to get further behind. Hopefully he'll be able to repay his friend and will get his finances sorted out soon.
@Tweenis (30)
• United States
30 Dec 08
Hi Ronaldinu,
Attempting to live the American Dream has lead most of us to paying bills and live from paycheck to paycheck. Between the country being at war, gas prices going up and then down, and possibly up again, it's hard for people to afford the necessities, let alone the luxuries. So loaning people money at this time is risky, since it's harder for people to pay back money. I think the idea of robbing Peter to pay paul hads become a way of life and unless the economy improves, people will be using that method as a way of surviving, it's a harsh reality.
Tweenis
@littleowl (7157)
•
30 Dec 08
No I don't beleive in robbing Peter to pay Paul..that was a bitter lesson I learnt when I was younger and even know if I need the money I will not ask to borrow it simply as it will make me short in the long run, am sorry to hear you have had this problem I remember someone wanting a loan but couldn't get it because she had bad credit so I got it for her on her word she would pay me the amount she was supposed to each week to pay the loan off...that never happened and as I had not proof the loan was for her and it was in my name I had to pay for it..so can understand your dilemma it must make you feel awfull...littleowl
@SomeCowgirl (32191)
• United States
30 Dec 08
I honestly think that if you are going to ask someone for money to pay someone else it's better to pay the person you just asked money from as soon as possible. I don't like the idea of it though as it's so easy to get ripped off on the deal. I've given money to people in the past to pay off things, and I don't feel I was properly payed back.. Money isn't an object to me, appreciation is.
@Chevee (5905)
• United States
29 Dec 08
Do you agree with the idea of robbing Peter to pay Paul?
No I do not agree with this.
My reason is that I don't like to borrow in the first place, because when time to pay back I still don't have the funds to pay the loan. As for robbing Peter to pay Paul is like putting your problems on hold. You pay one person and then when time to pay the next person you still don't have it then you are in trouble with that person and it just goes on and on. The best thing to do is come to an agreement and try your best to stick with it.
@dorothyDauphinee (534)
• United States
29 Dec 08
the thing is if you dont intend to pay back a loan then dont borrow in the first place read psalms 37:21
@SueD823 (371)
• United States
30 Dec 08
Regardless of what he had to do in order to pay you, outside of committing a crime, what he did to make good on his promise to pay you is his problem and his responsibility.
You were more than generous to extend the payment date, even though you had your own family to take care of. You have a huge heart and there isn't a doubt about that. It is sad that he took advantage of you. However, we do not know what his own circumstances are and I am not one to judge.
He could be here on myLot posting something similar. Posting his side of the story, while trying to earn a buck.
I'm glad you were able to get some of your money and hopefully he will be caught up soon.
Your rewards will be great, maybe not today or tomorrow and not from him. But one day you will see them.
God Bless You!