Topic: People keep asking me to borrow money, some of them for betting - page 13. (Read 1870 times)

It is even wrong to borrow money to invest in bitcoin, let alone borrowing money to gamble. If someone borrows money to gamble, then the person really needs help and not even money, i would never give out such a loan. Don't get me wrong, there is nothing wrong in gambling, but you have to gamble with your own money and if you don't have it, you should focus on improving your financial situation and not entering into debts you don't know how you are going to pay off.

That's the reason why he experience that since he left some impression to those people that its easy for them to borrow money from him, that's the reason there's a lot of gamblers came and try to ask some money so that they could able to continue their gambling activities. We know this is really bad since there might be a chance that the lender will default on his loan that's why its better for OP to say no if he know that the borrower is just using that borrowed amount for gambling. For sure if they receive such answer those people will have a doubt to ask money again since they might get ashamed for their selves for borrowing money for nonsense thing.

If you have increasing number of people coming to borrow money from you, Well, to me, I kind of think this is how have you have been parading yourself, maybe you are showing up that you have too much money 🤔, just my thinking, might be wrong. But if this is not the case, lending someone in most case ends in you being the one to beg for the money let alone lending someone for gambling purposes. My experience with the people I lent money in the past taught me a significant number of lessons and since then, I rather give you the money and not expect it back or not lend you at all.

Recently I have also been attacked by several friends who borrowed money for transportation costs, business, work, etc. but it turned out that it was all their alibi that the money was used for gambling. I know from several of his posting activities that show of casino and from information about his closest friends who are tired of advising him to stop gambling. Before giving a loan, I always check and ask those closest to him whether he is really going to go abroad, or whether he is going to start a business, etc. until I come to the conclusion that I find reports that he is lying. For this reason, I never give loans carelessly. There have been cases where until now the loan I gave has never been paid, even for almost 1 year.

That's basically the simplest way to go about when actually you want to lend out money for your friends and again one of the reasons why I really don't want to get involved in such habits is that most of my friends I know of won't even find it necessary to even give it back willingly on time and what I hate in my life is disappointment and I rather just stick the best and most simplest answer which NO than cause myself stress and pain by lending money.

Usually I always look first at the character and nature or personality of the person who wants to borrow money from me, if indeed they are one of my close friends then surely at least I know about the activities and habits along with the things he likes and this closeness can certainly give me a little idea about what the money will be used for if for example they do not say about the purpose of using the money they borrowed from me.

In short, I only dare to lend money to some of my close friends who have a good character and are responsible in social relations as long as I know them, but if it turns out that I know that he is a gambler then I usually don't lend a penny, not refusing but saying as the OP said that I don't have money, because after all, lending money to a gambler is likely that they will use the money for gambling, Although for example they say that they will be responsible and pay on time but I still refuse it, and that's because as we know that a gambler especially one who is quite addicted always prioritizes his gambling activities when they have some money, meaning that most likely when they have money then they will prefer to gamble the money rather than pay debts, and for this reason why I prefer to say that I don't have money, none other than because prevention is always better than cure.

nothing paying back is something anyone will expect because if you have friends who gamble their habit should not be a problem to you, Borrowing their money to gamble is a risk you intentionally want to bear because they won't pay back, and lucky enough, even if they win their chances of returning that money to you is slim, and the majority of them will even start avoiding you just because they do not feel like paying. and even the ones who borrowed and did not pay will still come back so that they can borrow again. the important thing now is that, instead of borrowing, just give them what you know you can avoid losing. I don't think I will ever borrow money to gamble, as much as I love gambling. borrowing is putting me in a worse condition, even worse than gambling itself so if I don't have money I will still prefer to stay that way than borrowing to gamble.



you are a good person just that your action might be taken for granted, there are a lot of people who have borrowed money and failed to return and this habit has ruined a lot of relationships with people because I don't see the reason why you go and borrow money and you don't want to pay back to me its not reasonable at all, and some will not even tell you their purpose of borrowing money and asking will be somehow. just imagine banks borrow money without collateral what do you think the result will be it won't be more than bankruptcy, people will take it for granted, just borrow what you can lose incase if they don't pay you back.  

From one if am you I think I would be happy for people to actually hold me up in such high esteem and the order it's fucking annoying too because you will just keep getting lots of person asking you someone and when you decline the offer it will all be as if you really don't to give them.

But one thing certain about loaning money to gambler anyways, just be sure that they are still gonna come back for more and if they find out you are the generous type they will pestering you and even making advances of bringing things for sales.

Fortunately, I don't have many friends or relatives who are in a position of needing me to leave them money, but in the past I once lent a friend I worked with an important sum of money that he ended up practically returning to me (because I simply ignored a small part of just over 10%) but which took him ages.

Not a good thing to lend people money, and even less if you lend it for free. You will possibly never get all your money back (if you lend it so the borrower can gamble with it, then it is highly probable) like was my case. You have to help your friends, but not in any way.

There are still people borrowing money from other people. Unfortunately, they borrow the money just to gamble and it will be difficult for them to pay it back. But they don't care about that. The important thing is that they can continue gambling.

Some friends still come to me to borrow money. The amount varies, but before I give the money, I will first ask what the money is for. I will lend if they borrow money to meet their living needs.

But if their purpose for borrowing money from me is not clear, I will reject it and will never lend that money. I really know people in my neighbourhood who often gamble. If these were the ones who came to me, I would not lend them money.

That's the problem when you are lending it to friends because there's a chance they will take advantage of you.
Perhaps you lend some money to someone he knew before and then the "pass the message" happens. You know, there will be friends who will suggest borrowing some money from you because you did it before for them.

That is what is happening to me right now. Most people in my neighborhood will come at me to borrow money although I am not rich. I guess it's because I won't say no unless I don't really have the money.
But I am thankful that they do give it back in time and maybe the reason behind it is I don't put interest in it. 1:1. Also, I know the money is for a good purpose like their salaries are late so they cannot pay their bills or something is delayed so they just need a bit of money to survive the day, and not because of gambling.

If you have positioned yourself in a manner that people see you as someone that always has, they would always be tempted to ask you for financial help. If they notice how receptive you are to their demands, they will make it a habit to always ask you for help even for things that are not necessary.

If you refuse giving money to someone for the purpose of betting, and you make it known to them that you have refused to help because the what they need the money for is a nonsense reason, they may come back again next time with another reason they feel is better even though it is a lie just to make sure that you give them. This is why if you do not want to give, be straightforward and decline and do not give any reason for it.

If you lend someone money to gamble and that person borrows money to gamble, both parties are at considerable risk after lending the money. That is why the two parties will be in considerable danger because one party will lose money by gambling money by taking a loan for gambling, as a result of which he will not have the money to repay the loan, on the other hand, the person who gives the loan to that person will not get his money back on time. In this case, it can be seen that a relationship between the lender and the borrower is bad for money. So not only the gambler should be careful in this matter but also the person who lends money to the gambler for gambling should also be careful as it can be seen that the gambler tries to borrow money for gambling but he later fails to borrow the money. Money can be loaned or loaned to others for good deeds but money should never be lent for gambling.

When someone asks me for money, I see a nice opportunity to test friendship through this favor. I am the kind of person that always give money to friends, but after a complete explanation what these money are for. If a person is short in money, then I can borrow him without setting any time limit for return. If for some reason that person "forgets" about his debt, I forget this person as a friend. If someone asks money for gambling, I always set time limit to return. I think 3 months is enough to return any debt.

But what about someone in someone's life that he gave or borrowed money but the person later found out that he or she is addicted to gambling? Another thing is that a friend can be in someone's life like being helpful and there when needed but I think friends are different as some will be there but disappointed when needed help from his friend. Although I understood your point and it is not wrong. The people that I see that are in my life are my family.

yes, that's right, I will do as you say, if they really need money for something that is an emergency such as treatment or something else then I can lend it, but if the money is used for gambling I won't lend it because in my opinion it will only Just making them addicted, lending money to them which is intended to be used for gambling is the same as giving them a way to become addicted to gambling. Moreover, there is no guarantee of winning, so I myself am not sure that the person can pay and pay off their debt if they use it for gambling, even if they have income that is used as a bet to pay off, I will not lend it.
In fact, being good is a must, but of course we also have to be able to see in what ways we are helping other people, if helping them finance gambling is not recommended. Apart from that, there are many other things that are more important to do than gambling. with those who are addicted to gambling, of course there will be opportunities for them to take out loans and of course they will not say that if they borrow the money they will use it for gambling, of course they will have other reasons.

I have my own policy in this regard and it is not to lend money to someone who really doesn't need it like if I have to lend money to someone who is addicted to gambling I try to understand if he is telling me the truth but sometimes it is impossible because they make up unlikely excuses that are very imaginative and absolutely untrue as regards giving a loan to girls if they are addicted too they are usually even worse than men because they are more intelligent and know how to cheat you well, it is difficult to understand if he is telling you the truth considering the fact that they know how to hide their vices very well so I usually don't lend anything to anyone unless they really deserve it

Lending money to relatives can cause serious problems. Some of them usually think that it is your responsibility to give them what they need. I have given my relatives money several times willingly and even unwillingly and they failed to return the money. When I asked them about the money, they felt offended, and it led to quarrels. So I have decided to only lend money that I can afford to lose if they refuse to pay back. If you ask for more than what I can afford to forgo, I will offer only what I can afford to lose. This pattern has worked perfectly for me because it has reduced disagreement and misunderstanding because of loans.

Some female friends are trustworthy. As much as you don't have any romantic relationship with them they usually pay back loans. However, I still apply the same strategy by giving what I can afford to lose. But if she is your date, consider the loan gone.

Lending money to someone because he wants to use it for gambling is not good except he is a responsible gambler who just ran out of cash. If he is an addict who wants to use the money to feed his unhealthy gambling habit, he will receive nothing from me.

Firstly I think that you perhaps give your family and friends the impression that you have extra money, you might not do this intentionally but the way you talk about money can give them that impression, otherwise they will not always come to you.

It's easier to borrow money to outsiders than family and friends, you can take drastic actions to recover your money from outsiders, but you can create enemity between family and friends, when you want to forcefully recover your money. With family and friends, it's better to loan them the amount that you can afford to loose, so when they don't pay back, it won't affect your relationship with them. Try to know the purpose of the money that they want to borrow from you, if it's for gambling, you need to bluntly or gently tell then NO. People should never gamble with borrowed money, because you never know whether you'll win or lose.

Everything will depend on the need and who is borrowing it, if it is the people closest to me and for important needs such as meeting life needs or other positive things then I will definitely always try to give it.
But if it is just for gambling capital, even if it is only small amount, I will never give it because this could become bad habit, I know that gambling carries big risk and can make anyone lose large amounts of money.
If they get loan to gamble then when the money runs out they will definitely try to borrow again and recover their losses, this is one of the bad habits that will occur if we lend money to someone for gambling capital.

Whether it woman or man I don't care, if it just for gambling I won't provide any loan assistance even though they say they can pay it back in multiples.
What I think about is not about money but about the impact and also the bad habits that they can experience, I have had many bad experiences from gambling and I don't want many of the people closest to me to also experience the same thing.