Will you lend money to a close friend?

Philippines
May 14, 2009 8:55am CST
I have a friend who likes to borrow money from me..I am also in short hand as of the moment, so I cant decide whether I can lend her or not... Another thing is that the money she needed is quite huge and I know she wont be capable to return it back to me because right now she is jobless.. I need your opinion about this.. I hope you'll help me.
5 responses
@russso (1693)
• Philippines
14 May 09
I think you have to know your priorities. Times are hard these days and if you say that you are short right now, then I think it is understandable if you can't lend her money. If I were in your shoes and given that situation, I won't lend her money. I'll nicely explain to her why.
• Philippines
15 May 09
Thanks for the advice. It's really hard to lend money nowadays... But I hope my friend can understand also my situation.And also I dont want to ruin our friendship just because of not letting her borrow money from me.
@russso (1693)
• Philippines
15 May 09
Just explain nicely, I'm sure your friend will understand. I mean, your friend really has to be understanding about this matter. It would not be proper to get angry. Goodluck dear.
@jayrene (2708)
• Philippines
14 May 09
if you are short and she is jobless, i will not lend her money... how will she pay it back, if its only a small amount i may think again, and just lend her the money, because we are friend, and friends help each other. but if it is a big amount, and she dont have a job, and i am short, i will just explain to her the situation, tell her that i am really short of money. that kind of thing happened to me many times already... sometimes i cant say no, but i dont give the exact amount they are asking if it is really big, and i know they cant pay me back in time, i just give them a small amount and tell them i am short (which is true) and this is the only extra amount i have (for example that friend want to borrow 1,000, i'll lend her only 200). ============================ but i have an exception to this, to only one person, our very close friend... even if i know he cant pay me back in time or it will take a very long time for him to return it to me, i will still give him the money, even if i am short, and he is asking for a big amount... i will just try to look for other ways to earn more. you know why, we've come a long way back with this person, and we kind of know each other well... i could say, he's the closest friend we have... to that person, it is okay for me to lend him the money.
• Philippines
15 May 09
I agree with you.. Its like of giving donation than just lending money...But I can't really give donation as of the moment because I'm also short at this time.. I will just explain nicely to her and hope she will understand also.
@gracie04 (4549)
• Philippines
14 May 09
Well, know your priorities.. lending money to a close friend who is jobless isn't a good idea.. plus, you are also in need of money.. if i were in your shoes, i would be honest to my friend. i would tell her that i can't lend her money right now because i am in need of money as well.. she's your friend and i am sure she would understand... just explain it to her nicely.. good luck..
@geniustiger (1694)
• Philippines
14 May 09
yes why not if it is badly needed for me and no one can i turn to except my friend. if i will be granted the better if not i will look another close friend that can help my needs. thats a problem if you know that she can pay it is normal that we feel doubtful with that but if you pity with her you can lend her even small amount that she will be happy with you.
• United States
15 May 09
If you are really short on cash, I think your friend will understand. Everyone is doing poorly with the economy right now. Just be honest with her. After all, you can't lend money that you don't have.