Should i sponsor him?
my male friend asked me if i could sponsor him on something that is very important in his life... i said i was willing to help but then he told me to sponsor him would mean to give up over $10,000... i am a single mother and im not sure if i should give him that. i only know him for one year...although we are very close i am probably taking that money away from important things in my life too. should i help out a dear friend?
2007-04-03 07:52:53 · 35 answers · asked by Anonymous in Family & Relationships ➔ Friends
DON'T!!!!
You'll never see that money again!!!
2007-04-03 07:57:51 · answer #1 · answered by Anonymous · 0⤊ 0⤋
no, the best way to keep friends is to never give them money. If the money means absolutely nothing to you then it wouldn't be a problem. But your id doesn't say 'bill gates' so I'm assuming that ten thousand dollars is a lot of money. The problem is that as soon as you give him the money, your relationship will change. You may think that it won't but, over time, it will. You will feel a sense that you can control the money, or the thing that he is doing. Or at the very least you will find that he isn't treating your money right. So that fact that you think you have important things to do with it, and the fact you have only known this person a year, means that you shouldn't do it.
2007-04-03 08:02:41 · answer #2 · answered by Anonymous · 0⤊ 0⤋
No, I have always learned that you should never get money involved with friends or family cause it only makes something go wrong!! If you want to keep your friendship I would just tell him I would love to help you but that is the type of money I need to save. I'm a single parent and you know this and that is the kind of money I need to save for my children for school or if something really bad was to happen..Explain to him that you would be more then happy to help him find Sponsors
to help him though!!
2007-04-03 08:20:24 · answer #3 · answered by Jaceydonovn 1 · 0⤊ 0⤋
I would say it depends on what it is and if it's really going toward a good cause but on the other hand you've only known him for a year you are a single mother and will need that for your own child/children and if you was to give him the 10,000 you would probably never hear from him again
you never know some people just play other people for money
I wouldn't give him that kind of money so my answer would be no...
2007-04-03 08:06:42 · answer #4 · answered by Lauren D 4 · 0⤊ 0⤋
I would not give him any money. You are a single mom and you need every penny you got. Instead tell him you will try and help him come up with the money on his own. Maybe you could help by finding local business to sponsor him? If is for a good cause you should have no problem helping him achieve his goal.
2007-04-03 07:58:39 · answer #5 · answered by jerster77 2 · 0⤊ 0⤋
There is no reason why friends and money need to mix. A good rule of thumb is to only lend money if you are not ultimately concerned in getting it back, hence Polonius' line from Hamlet "Neither a borrower nor a lender be." $10,000 is way too much, especially when you have a child whose college fund could use that kind of padding much more. A true friend will understand.
2007-04-03 07:59:18 · answer #6 · answered by rasputina 2 · 0⤊ 0⤋
If your asking this question you probably should not give it to him. But if you decide to do it, then you could help him by giving him some of the money instead of all of it. Let him know what you are able to give and if he can come up with the rest then he is serious about what he needs to do. I wouldn't take away from your child just to help him out. It's important in his life, but your child is also important in your life.
2007-04-03 08:01:30 · answer #7 · answered by 1divinerose 2 · 0⤊ 0⤋
I think when we are faced with friends who want such sums of money it is always a diffuclt decision to know what really to do. I have been facede with similar decisions in my life and I have been on both ends of the scale. I think the best thing you can tell your friend is to go to the bank and borrow the money. I do not think it would be in your best interest to lend him the money. Another possibility if you know your friend well enough is to go to the bank with him and help him borrow the money from the bank and co-sign the note with him if he is unable to qualify for the loan but by no means should you just give him the money and hope he pays you back....understand?
2007-04-03 07:59:42 · answer #8 · answered by Lewis P 4 · 0⤊ 0⤋
Never friends are the ones who are more prone to just take your money and escape to a far off place for awhile he probably wants to go on a nice trip and cant afford it. I wouldn't even think of it maybe 10 dollars for his cause but nothing more you have only known him for a year. I have known people for 5-10yrs it does not mean I would give them that kind of money tell him to get a job.
2007-04-03 08:53:05 · answer #9 · answered by Livinrawguy 7 · 0⤊ 0⤋
sponsor for what??? get all the details from him and then do some reaserch yourself. It could be a scam where after he gets 10 grand he runs off and you never see him again. Plus if you dont have the money dont give it to him. Put it in a college fund for your kids
2007-04-03 08:04:09 · answer #10 · answered by Catholic 14 5 · 0⤊ 0⤋
No, no, no! That is too much money to be giving to a "friend" of 1 year. As a single mother, think about your child. If he is a true friend, he will understand.
2007-04-03 07:57:31 · answer #11 · answered by Michelle 3 · 0⤊ 0⤋