Topic: People keep asking me to borrow money, some of them for betting - page 12. (Read 1870 times)

Lending money to those who are addicted to gambling, of course they will use the money we give them to gamble and I agree with you that we have to be firm in financial matters if we don't want financial problems with our friends.

Someone who is addicted to gambling will of course behave the same and there is no difference between men and women and choosing not to give them money is certainly the right choice, because once we give it then it will become a habit for them and the habit of a gambling addict is of course them. will be lazy in doing their work and all they can think about is gambling in the hope of getting a big win on the bets they play.

No one is against borrowing money to friends or family. As a matter of fact, people will always need help and it is our duty to help as much as we are comfortable doing. But a situation where what might seem like help is not actually a help, then caution must be applied. It is like a figurative statement, a paradox where they say that "IMF is the doctor that heals by killing the patient", which actually mean that IMF loans does not help countries but put them in deeper mess. I don't want borrowing money to my friend turn out to like putting them in deeper mess.

Like I always say, gambling should not be made with borrowed funds because the chances of success is very low. I have done it before and it didn't work; many people have equally done it yet same result. You end up deeper into debt.

Yes why not, if I know him/her personally well then I will have no doubt to lend him some money regardless what the reason is.
The opposite situation may also happen when I need the help from relatives/friends, so it will be a mutualism symbiosis.
As long as I trust him/her and he/she trust me, money wont be a big deal but for sure the amount should be reasonable as well.
However, something unexpected may happen so we should also ready for the worst case, because of money we may lose our friends/relatives

I like this pattern myself because you will know who you are dealing with and also take caution of next time, but no matter how you try to avoid this still you will still fall for it, because sometimes relative are the one doing this kind of bad behaviour, i don't know your community but mine if you decide not to help them they will quickly report you to the elders and it's a huge problem because they will start saying you have money and you don't want to help your brother, and in the eyes of all you will be seeing has bad person.

 to my own view i don't think female can be treated like man even in times of lending money because female are very dangerous in times of allegations and also temptation, having issues with female if not your sister many translate it to something else, the only thing i will advise is to stay away from them if it comes to involvement of money, or if you wish to lend them make sure the amount can be negligible if she couldn't return it.

You tell this person that you are not lending to people to be used for betting or if it's not for an emergency they will keep doing that if you keep lending people, lenders are like that they spread how generous you are

It is okay to lend to your relatives it's your relatives are part of your bloodline but if it's from a friend better think twice because there is a saying the easiest way to lose a friend is to lend him or ask him to lend you, if they cannot pay you on time they usually stop communicating and ignore you, give him what you can afford to give so you will retain your friendship.

I had this same experience with friends, workmates, and relatives. They borrow these small amounts on different occasions and tend to 'forget' that they borrowed something. They even go so far as to gaslighting me stating that I should just let it go since it's just a small amount that won't hurt the bank. I let it pass sometimes, but seeing that these same people post their wins from the casino or sometimes even live stream how they play is just really something that icks me.

Since then, I avoided lending money to everyone including my relatives. My line of reasoning is you wouldn't get into that situation if you had sorted your finances. I understand that there are people out there who are really borrowing because they genuinely need it, but my experience on these people who just gambled what they borrowed and forgot what they owed pushed me to become heartless when it comes to such situations.

It's best to not show wealth to everyone and keep a low profile in order to not get bugged by these people borrowing money. I'm better off looking like a broke man in their eyes rather than someone who has the money that they can constantly ask to borrow from when they don't have anything in their pockets.

It sounds bad and not a welcome idea to lend money to a gambler for them to gamble.

A few months back, I heard a discussion of someone complaining about how he came to the rescue of a gambler addict, after not getting their phone not to be seized by a gambling agent.

It happens that the gambler addict is fond of betting with the whole money in their possession, even staking with their phone on bets. After everything, their family members will come to their rescue to settle their gambling bills.

On that fateful day, the gambler addict staked their phone as usual, which they lost to. Their family members refuse not to bail their phone out, and the gambling agent is at a side talking about selling the phone for money soon. The gambler addict had of this, was begging and crying in the process of who to help him out, which nobody did except the guy who chose to help out, who the gambler addict begged a lot, to help him out and would pay him back soon.

Could you believe that the said gambler addict hasn't paid back his borrowed money and he's still gambling up to date without thinking of stopping or trying to pay back his borrowed gambling money.

Currently, the guy who lends money to the gambler addict is bittered not because of the lent money, but because of the steady involvement of the gambler addict who he thinks has helped from not lose his phone completely to the gambler agent.

Hey, what a coincidence
Just yesterday I read an interesting article where the head of a company mentioned the increase in the number of salary advances and found out that it was for the employees to gamble  
He even shared a video

Here's the link of the article, but it's in Portuguese, I didn't find any article in English because it happened in Brazil: LINK HERE

When you are lending out money to friends, it is not necessarily a loan but more of a gift. So keep that in mind if you ever wish to become a loan shark. If yes, you need to stop gifting others and be strict when it comes to your money.

Most gamblers have the habit of acquiring money in order to gamble on it. Just like a drug or alcohol addict who will attempt to do the same to fund their addiction. Unless you follow up your strict "No" they will continue to nibble at you.

Gender does not matter, an addict in a addict, the first step to stopping them is denying them the money.

Yea, of course I do. When it comes to lending money and getting it back, you should know that it will not be smooth with everyone. Some persons finds it difficult to pay back loan even when they have the money. You need to avoid lending money to such people. Those who gives back at the right time or with a little delay is understandable. However, if you are a gambler and come to me to lend you money to stake on a bet, I will ignore you because I feel I will not get it back.

I lend to female friends more than to males friends, because for a female friend to ask you to lend her some funds, it means that she is badly in need of it. I doubt such person will gamble with it.

Anybody that borrows money to gamble is an addict.

If they are not very close to me, I don't want to give them a loan, even for people closest to me, for example like relatives or friends, I will be selective in giving them a loan. Because I have had the experience of having lent money to them several times, but when I asked for my money back, I experienced difficulties and even had to argue first. And also, when I experienced difficulties, none of the people I lent to helped me back, even when they already had jobs and income. So from this experience, now I am very selective in giving other people loans, because I don't want to be disappointed by them again.

It's crazy how people think you're rich just because you've made some money with crypto. I'm genuinely happy for my friends when they succeed, but some take advantage and start asking for loans, especially for gambling. I've realized that lending money to friends usually ends badly. Being their "bank" seems like a good idea at first, but it's just not worth the hassle. I'm not against helping a friend in need, but when it comes to gambling, I have to refuse. If someone can't even afford $10, gambling is probably a bad idea. And lending money to female friends? That's a different issue altogether! Sometimes you have to say no, even if it's awkward. Ultimately, you need to look out for yourself.

You have full rights to your money, the decision to give or not is entirely in your hands, regardless of whether the money is used for online gambling purposes or other things. However, if you are a borrower of money to other people, Of course you already know the sequence and risks that occur, of course you have the benefit of that before the money is disbursed to the borrower.

Different from close or distant friends, as long as the reason is not for gambling, maybe you can consider it, so if the money is used for online gambling, maybe you have the right to refuse or give it, Of course you have to have a strong agreement, if the money you borrow is used up in gambling, you can take something of value to sell, if your friend doesn't return the money.

But for me it's different, If there are a friend who borrows from me, of course I don't want to borrow it, but I give it to you, so I don't have to worry if I use the money to gamble and lose or don't pay it back.
For example:
My friend wants to borrow $100, of course I don't want to borrow it, but I just give him $10 for free without having to pay, if he says he wants to pay, but I don't really care, I gave it sincerely, because I know the money will definitely run out and never come back again, that way I don't need to curse and regret it if the money is not returned again, it's clear the money is gone.

Not-so-close "friends" are not worthy of being given a loan, even a small amount, especially if it was a large amount. Because basically we have to know why they are so brave to lend money to "friends" who are not so close, don't they have close friends or even their own family?

Regarding the purpose of the loan, it is actually none of our business, it depends on whether we want to give the loan or not. And our business as lenders is only to ensure the deadline for payment to us. Personally, sometimes i give loans to friends who are not very close with the intention of not expecting it to be returned, because i know that it is very likely the money they borrow will not be returned.

Russians have a saying: “Let friendship remain friendship, but we will keep money separately.” And also a very sharp saying: “If you lend money to a friend, then you will take it from your enemy.” I think the meaning of these two expressions is quite clear. But a question for the OP: if you never gave money, where do people come to you with requests? A kind person sometimes seems very simple to others, so much so that they know that you will not be persecuted due to a non-return of money. Therefore, yes, it is necessary to always be able to say the word “no” at the right moment. Sometimes,  by doing this, you can save someone’s soul.

What you say is correct, borrowing money will of course only make us experience worse conditions, especially if we don't have a certain income in life then it's best not to borrow money, what you have to do is improve your financial situation for the better, and when you have enough money It's getting better, of course we can gamble with our own money, but don't do it too much, just because we have income doesn't mean we can gamble as we please by spending a lot of money gambling, of course that's not true. Don't gamble using other people's money, because even if you use your own money, there is a risk of losing, especially if you use other people's money to gamble, it will only make the situation worse.

and maybe those who borrow money to gamble hope that their gambling can result in winnings that can help their financial problems and cover all their shortcomings, but unfortunately thoughts like that only lead them to ruin their lives, borrowing money to gamble is not recommended because it not only It will only make them lose money, but they will experience other bad effects, what's more, they are unlikely to be able to stop gambling, because with those who have borrowed money to gamble, I think they have become addicted to gambling and it will be difficult to get out of that addiction.

Why do you have to feel bad, isn't it normal for us to refuse, let alone lending money to gamble, I will never lend money to my friend or relative just because he wants to gamble, he doesn't have money, I will say that I don't have money, Just answer honestly as you are or lie for the right thing, sometimes that doesn't matter either because we can also save them from gambling addiction, usually people who gamble borrow money because they are addicted to gambling and have lost a lot of money.

Even though we want to give it, just give it, don't let them borrow, just give them less money than what they lent, let's assume we give it and just say there is only that much money, so they probably won't ask for more than we give because of course we refuse it in a way. which is more polite without having to hurt their feelings, but for me I don't care about their feelings. I also don't want my friends or relatives to continue to be addicted to gambling and borrowing money from other people. It's best to stop it starting from ourselves so that they start trying to stop gambling. because saying no helps them reduce their addiction, believe me, don't ever feel bad, it's just your feeling.

Also there's a big possibility that it will leads a person to a bigger problem once the money that they borrowed ended up being used up because of losing in their bets. If a person really wants to satisfy their wants, they must be responsible enough to sustain what they really want using their own pockets and not by borrowing to others. It's not just you who is affected once you lose the money you owed, what about the one you borrowed, right? you were trusted because you promised to pay but for sure, you can't pay because the money you owed is gone.

when you borrow minimal amounts, I can understand this form of small loans... no worries at all...
but we are literally talking about "a coffee" a beer" nothing more.

bigger amounts are absolutely wrong.
because anyone should never bet money that they don't have.
this leads to great economic problems and it's pretty different from "gambling for fun".

Its in my principle to never lend anyone even a close friend if he is going to use it for betting, if I am going to lend for this purpose I will just encourage the lender to continue to gamble and if he become addicted to gambling then I'm part of the blame for his addiction.

Even if its a small amount we should not lend or support these people from taking a loan if they are going to use it for gambling, if he really in dire need of money and its not for gambling if I have an excess money I will agree to lend them without expecting them to return.

If I have an excess money then why not these are relatives and friends where I share good and bad times so its ok to lend them as long as its not for betting and there's a probability that they are going to pay me back.

I treat all my friends the same whether they are male or female I have the same treatment to them.