when you lend someone money

If your friend didn't have the money to give back to you - why is he buying pizza? If a friend said to me "I can't afford to give you back the money you loaned me yet - but you mentioned that you wanted to go and see such-and-such movie, and I have a gift voucher I got for a gift - could I give you that for however-much value of the money instead?" I'd accept. I mean, it's money I was going to spend anyway, right? BUT - If I can't afford to loan it, I don't. I don't do things like "Okay, I'll loan you this much, but I have to have it back by X date because it's bill money" or things like that. If it's extra and I can, I do - otherwise not.

It all depends on how much money you lend the person. Over $25 and I expect to get it back. If it's a good friend I may be more lienet but I need my money ;-)

Maybe you need to discuss this more with a person when you lend them money the next time, so there is not this misunderstanding. There have been times when I lend someone $$ it takes a while to be paid back, and then other times I get paid back right away, or then the other times you may never get paid back. Even if it is a Close friend, it is something you need to talk about before you lend someone some money next time, you might want to discuss what you expect from them before hand so their are no problems, or hard feelings between you.

I only lend money when it doesn't matter if I get it back. I just consider it a gift and if I get paid back it is a bonus. I try not to lend money to good friends tho. I think it is only asking for trouble.

I have learned a lot when it come to money from Suze Orman. She says that you should never lend money out. It is fine if you can afford it, and give someone a gift of money. Do not expect anything back. When you do this, you do not have to worry about a relationship going sour.

Lol, if your friend doesn't pay you back, then why does he call it a loan? I mean in our country, if you have a loan for $30 and don't pay it back, you could go to jail. That's just plain wrong. Also i agree with the philosophies around here that state that if you loan money, don't expect them back. Hahahaha. I've "loaned" or rather given away more than $300 to my friends, and trust me, in the Philippines, thats a lot of money. But, I don't gripe over it. We usually spend the money on nights our or "gimmicks", so for me, it's money well spent.

It depends on how much money is lended. I wouldn't have a LOT of money to lend in the first place, but $20 US dollars could be paid back in pizza or something, sure, I wouldn't mind. As long as I knew they really used the borrowed money for good.

If there was one thing I have learned I would have to say its lending money! I had my family take me for a ride for 3000.00 Plus they swore up and down they would pay me blah blah blah, Well when the time was here to pay they didn't. I had 4 children and my Ex husband who left me with nothing and my parents did this to me! Well I was so sad and hurt words can't explain but you know I kept my chin up just finished on their loan of 2800.00 and have since then Never lent out any money to anyone. I have learned to see I don't have it spear I have my children and myself to worry about and Trust me if they don't get it from you they will find another way. Best Luck to you and I am sorry you had to go through this terrible thing Stacy

I have the same philosophy on lending money that my father did. If I lend money, I don't expect to get it back; I see it as a gift, even if the recipient sees it as a loan. Then, if they do pay me back, it's a pleasant surprise. This keeps me from resenting if someone can't pay me back, and makes for smoother friendships. That being said, people who seem to constantly be asking for money don't stay my friend for long.