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Like I've given loans, that are rarely paid back. The thing with me is if you say, "Jam, can I HAVE, (IT'S YOURS TO KEEP) BORROW(YOU HAVE TO PAY BACK.

2006-12-18 17:05:14 · 6 answers · asked by Anonymous in Business & Finance Personal Finance

6 answers

Friends and money don't mix. Whenever I am asked for a loan I tell them I don't loan money and a). they can keep the sum I give them as a gift, or b). if I can't afford to give what they are asking the I simply say no. If they can't understand that then they aren't your friend and probably weren't going to pay you back anyways.

2006-12-18 17:28:49 · answer #1 · answered by Jamie R 4 · 0 0

It's okay to say "no." It's your money and you're entitled to keep it.
You need to figure out a way to say "no" without offending. People without money feel that people with money should give it to them. Wrong. Nobody's entitled to anything they didn't earn.
Earn the reputation for being someone who won't loan money. Or insist that the terms be put in writing. Your real friends will still be there.

2006-12-18 18:49:30 · answer #2 · answered by Big R 6 · 0 0

Friends, true friends don't leverage their friendship on money, love, things, or anything.

You will only have two or three true friends in your life, if you're lucky. They'll be the ones that tell you when your *** stinks, and you better wash it, even if it means you might be mad at them for saying it.

2006-12-18 17:15:14 · answer #3 · answered by Lion J 3 · 0 0

Obviously ypu are attracting the wrong type of people as friends.

2006-12-18 17:08:34 · answer #4 · answered by Anonymous · 0 0

you are in the right. if you let them know they need to pay you back sooner or later. don't be a stickler on a timeframe, though. you don't want to sound like the IRS.

2006-12-18 17:08:16 · answer #5 · answered by Anonymous · 0 0

with friends like yours , who needs enemies.
change the quality of your 'friends' don't get drag ed down by their inability to earn manage retain money.
don't lend money to any one you aren't married to, unless you got the money to lose.

2006-12-20 15:46:40 · answer #6 · answered by Anonymous · 0 0

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