Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
they said, never lend your money to a friend?
or else you'll lose two things at the end: 1. your money. 2.your friend
...are people that ruthless? I always try to avoid from borrowing, if i do i'd feel very pressured to pay it back soon and so i paid. the same goes for people who are close to me; they don't ask for money to borrow and in case there are certain maintainances i advanced for them, they'll pay back their parts.
a friend borrowed 50 bucks. it should be nothing much, but it bothers me when i found out she really wasn't in trouble as how she described it, even seems to be a spendthrift. it's been so long since she borrowed and always say "later" whenever i asked her (which is very rare). now that we don't get the chance to see each other, i phone her yet she never anwers.
so "never lend your money to a friend, or you'll lose your money and your friend".
it's really like that huh?
i've also heard that more than 90% students never pay back their study loans.
5 Answers
- 1 decade ago
I never loan more than I can afford to lose. Most of my friends I could loan money to and pretty much be sure I wouldn't lose the friendship because 1. they would pay me back, and 2 I tend to write loans off as gifts and if they pay me back great but if not I wasn't really counting on it anyway. I have one friend though who is constantly asking for money. Every time I loan her money I know theres almost no chance shes even going to attempt to pay it back and usually a little later I find out she had the money but didn't feel like going to her car or her room or whatever to get it so she just borrowed it from me instead.. That's incredibly frustrating and its ruining the relationship. I avoid her. I feel like shes stealing from me and I like her a heck of a lot less then I did before she started acting like I was her bank.
- Ring0RosieLv 71 decade ago
Mixing business (aka money) and personal is never recommended.
I am so sorry your friend has never paid you back. it's hard to feel like a pest... one time I had to use the same lie that was given to me, and then, i was only able to get a small part of what i lent back. i had to call her and explain what type of trouble i am in and say that you know you lent her some money and wondered she could pay some of it back to help you out now.
I do not feel that statistic about student loans is correct. student loans are never forgiven and cannot be erased through bankruptcy.... the lender will get their money back, even if they have to garnish your wages.
- Susan ELv 61 decade ago
Money is the one thing that comes between friends and family more often than anything else.
It's been that way for centuries. Read what Polonius said in Shakespeare's Hamlet:
Neither a borrower nor a lender be;
For loan oft loses both itself and friend,
And borrowing dulls the edge of husbandry.
(if you don't understand the last line, it means that someone who constantly borrows from people loses the urge to work and earn for himself - "husbandry" = work or industriousness. He becomes used to someone else taking care of his needs)
- DaBratLv 51 decade ago
Never lending money to a friend is true, sad but true. As for student loans, they are never forgiven, you can't even bankrupt a student loan. They may not be paying now but the government will catch up to them and when they start having their wadges garnished than they will be paying them back.
- How do you think about the answers? You can sign in to vote the answer.
- life_good_or_badLv 41 decade ago
and they said it for a reason ,they also said everything happens for good ,may be see was not truly your friend.