We shouldn't borrow money of others

Vietnam
August 15, 2011 3:43am CST
I hate to borrow money of others. So, I rarely do that. I only borrow if I have too many things which I must spend much money at the same time; and I don't have enough money. Example: I need much money for treatment but I can't prepare soon etc... I never borrow money to buy clothes or spending borrow money to buy jewelries or parties etc... I think that we should manage our private finance carefully to spend money logical. We shouldn't borrow money of others.
1 person likes this
18 responses
@stephcjh (38473)
• United States
15 Aug 11
I try to never borrow money either unless it is an absolute emergency on something I have to have that I do not have the money for and have to have right away. For instance, I won a home but if my central air goes out and I need a new unit, I would have to borrow the money because I just do not have it right now to buy a new one because I had too many other emergency expenses that used the extra money up so I have to save some more money for other things.
• Vietnam
30 Nov 11
Saving money for any intend in the future is well. I'm doing the same. I hope that you'll be success. I believe that you know how to use your money. This is the best way to have a happy life
@tiina05 (2317)
• Philippines
15 Aug 11
hello, I agree to you! because if we cannot manage your finance there is a bad effect. right? Me too I am not doing things which I know that it will not do better to me. I just borrow money when needed also. Like what happened to me last week I was in the school that time and I really need money but my money is not enough because I need to pay for my project because I just forgot to my money at home. So, I decided to borrow to my friend and she lend me but I wont repeat it anymore.
• Vietnam
30 Nov 11
One time borrowing money is not a problem if you sense that you'll pay it. There are many people like to borrow money to spend. Then, they don't like to pay. They feel difficult to pay the money which they borrowed. We should avoid this situation. Right?
@aprilsong (1884)
• China
30 Nov 11
You are right. Because once you start to borrow to live, then there will be second and third time. We should control it. To borrow money to buy those clothes or jewelries is even worse. We should live a life according to the income we can get. No matter we are rich or poor, it is a principle and should not break, i just saw a man who borrow money from others, (whom he considered a friend), but in the end, he knew he was in trouble, because the lender asked for very high interest rate, which made him broken. He gave the audience an advice, which goes, don't borrow money, don't buy you can't afford.
@youless (112582)
• Guangzhou, China
15 Aug 11
I agree with you. When we talk about money, then we will be changed. You can imagine how others feel when you want to borrow money from them. If you lend the money to others, you shall have the preparation. You may lose a friend. If you don't lend the money to others, you will lose a friend but you can keep your money. It is embarrassing for us to borrow money, and it is the same for others to lend you money. I love China
• Vietnam
30 Nov 11
Money is influence to people very much. Money can change your character. We should careful when we use them to keep our happiness.
@katrinapaz (2436)
• Philippines
15 Aug 11
i dont like to borrow money too! i would feel shy if i do. i will just borrow if i really really dont have a single cent in my pocket. if i do borrow then i strive to pay it as soon as possible. i hate people who borrow money and then buy lavish things and also forget to pay at the promised time!
• Vietnam
30 Nov 11
Hi friend, you shouldn't too stern with this problem. If you meet difficult issue or you need more money to invest, you should borrow money. In fact, many people need money for their trouble issue, so, we should lend them money if we believe them.
• India
15 Aug 11
You are correct. If borrow money from others then one day we are rebuked by him definitely.
• Vietnam
30 Nov 11
Maybe. I have never met this situation. I only mean that we should manage our private finance.
@dodo19 (47336)
• Beaconsfield, Quebec
15 Aug 11
I really don't like to borrow money either. It's not something that I've ever enjoyed doing. Like you, I've only borrowed if I absolutely had no other choice but to borrow. I wish that I hadn't found myself in that sort of situation, but that's just the way that it was. I didn't feel that I had much choice.
@maclanis (2406)
• Belgium
15 Aug 11
I never borrow like a lot of money. For example, I was at school when I realised I forgot my wallet, my friend paid for my lunch and I just gave it back the next day. I never borrow a lot of money to buy something I don't necessarily need.
@faisai (1138)
• Hong Kong
14 Nov 11
I go one step further. I never allow myself in the situation that I need more money than I already have such that I need to borrow from others to fund my need. Whenever I am close to that, it simply means I am trying to do more than I can handle which is in general a bad thing. Rather than borrowing money to cover the need, I would rather let go some of them. Maybe delay a purchase if possible.
• United States
16 Aug 11
I have lived my whole life with the idea that I do not borrow money of anyone, no matter how much I need it. I understand when people do and pay it back but I am of this nature where I simply can't bring myself no matter how desperate I get to ask anyone for money.
@trezege (66)
• South Africa
16 Aug 11
they is nothing wrong with borrowing money as long as you can give it back.I normaly borrow money from people that I know , even if I need they money for fun. At the sametime I also lent money to people that I know will pay me back, but I have to admit it can be embarrasing sometime.
16 Aug 11
hi:) Like you I don't borrow money, except if its for emergency,I don't borrow just to buy something that I really don't need or just to impress, and I make sure that I'll return it whenever the day that I promise to return it, that's what my mom teach us.
@mark_413 (19)
• China
16 Aug 11
I'm agree with you. I don't like to borrow money except at one time I need a lot of money for the treatment.
• China
16 Aug 11
You're right.If I often borrow money of friends,unless repay the money in time,we will feel embarrass.
• Philippines
15 Aug 11
You are absolutely right! We shouldn't borrow for unnecessary things. Money can ruin any relationship. So we should be very careful about borrowing money from friends and family.
@cerebellum (3863)
• United States
15 Aug 11
I agree that we should manage our own affairs. If I couldn't buy something trivial like clothes I just wouldn't. I have never had to borrow money from someone I know. I have had to get co-signers, but then I made extra sure that loan was paid first.
@DoctorDidi (7018)
• India
15 Aug 11
It is no doubt a very good advice which should be followed by all of us. But if there is actually any need for it such as in an acute emergency, We should not hesitate to borrow money from others.
@thatgirl13 (7294)
• South Korea
15 Aug 11
I don't like the idea of borrowing money too. Especially not from a close friend. I think it just damages the relationship. When it comes to money, I'd rather not borrow nor lend, especially to a close person. I only borrow/take money from my parents coz i don't have a job