Topic: People keep asking me to borrow money, some of them for betting - page 14. (Read 1870 times)

If you're people pleasure, naive, and never spend money for unnecessary thing, people will see you're like a bank since they know you choose to save your money instead of spend it and there's a chance you would lend your money since you will feel bad for rejecting their request.

The solution is never lend your money.

How often do these people ask for a loan though? It sounds like a lot of people come to you regularly to ask for money. Which is weird unless you openly tell people that you can lend them money. Maybe one of your friends or family is spreading the news that you lend people your money easily. It is ridiculous that some of them can openly tell you that they will gamble with your money.

I lent some money to friends and family even to this day. Some of them have yet to pay it after two years of borrowing my money, without even telling me what they're doing with my money. Luckily I never lend them a lot of money, and most of them are for urgent needs like medical bills and stuff like that. I'd deny any request if they are not for emergency purpose.

True but Sometimes it may be from those close to you, they will then be acting as if they deserved every right to get what they want from you while even if you choose to give them some part of the money they literally won't feel appreciated about it, seeing you as a greedy fellow whereas you tried all your best especially in scenario were they know you have others to help out .


Even with interest I won't even bother to lend he or she if they're going to use it on gambling while in other case i might he tempted to but still yet I think some ask friends not just because of interest rather just to later on find a way of not paying back especially when things won't go as planned.

Aside from my past experience with others when I lend to them, I will also check how they treat others who lend previously before me, this report will be highly beneficial in giving such loans either big or small, though if I know such person is really bad in paying back loans but are really in need of money for something other than gambling I will gift them some amount from it rather than to give them loans for it.

 While some gamblers who might actually be good at gambling and able to pay back this loan even if they lose I may be magnanimous, I might just gift them some part of it to continue to stand on tge trust we have for each other

Both questions are no. First, I don't always lend money to my relatives or even to my family because I constantly give money, and that's it. Nothing more, nothing less. Lending money is kind of hard for me because I know that I may have a hard time claiming the money or that it might be forgotten, especially if you lend money to a friend or something. No matter what kind of friend I am, I don't always lend money. I always say that I don't have extra, but of course if it's an emergency, I'm willing to help. There was one time that one of my friends who is addicted to gambling borrowed some money from me and said that he would pay double if he won, but later on I noticed that he didn't show up to me, and when I contacted him, he said that he couldn't pay the money he borrowed because he also lost all that money, which made me not want to lend money anymore, especially if they would use it for gambling.

It is a bad idea to lend people money without knowing the reasons/purposes. Even they are close people, we must ensure that they money will be used for useful things. If they borrow money for useless things, it is better to refuse them. They will be lazy to work and think too easy to get money from you in that way. Moreover, if they use the money for betting, you need to be more careful because you may be difficult to get back your money.

This must be an important lesson for you. People may not keep their promises. This is very often happening.
In some cases, people can try to forget the loan or to keep delaying repay the loan many times. I've experienced this several times, just don't easily give people loan money. If it is not very urgent, rather than giving a loan it is better to give them small money to help them a bit.

I become rarely to give a loan to anybody now. I've got few bad stories about loaning money. Even they are our close people, it is better to limit the money to lend with them. I ever give a loan to my uncle, but it ends up with a bad story. When I try to ask the money back, he always gives a reason to delay the repayment. Now, I have a bad relationship with him and I still can't get my money fully until now.

It doesn't matter that they are female or male friends, I have the same rules in giving people loan money. I won't give them loan money if it is not an urgent matter, specifically if it is not for useful things. For gambling, I probably will refuse it in a humble way. In my own view, when you want to gamble, you must ensure that you have enough money in your pocket. If you take a loan, it means  you have no enough money.

Not much but I do it when I think that I have to do it and when I'm sure that they will be able to repay it. I dont really care about the reason, I will not ask them what is their purpose because even if they tell the reason, I do not know whether they are lying or not about the reason. I also do not care about the gender, male or female does not matter. Even if it is female but if I think that she wont be able to repay it, I will not lend her. Usually I follow my own feeling but of course I will also see their track record.

Only those who suffer from gambling addiction may be led by their behavior to venture into debt in order to continue playing. Borrowing for the sake of gambling means that they have lost all their own money and all that remains for them is to gamble with other people’s money. Some who cannot find a loan, may consider stealing or defrauding to make money.

There is a basic rule in the fields of "trading" and "gambling" that says that you should never risk using money that you can't afford to lose because there is no guarantee that it will achieve returns. I do not consider either of them a real environment of investment because the degree of risk is high and the user may be involved in consequences that he is not able to bear.

Most of my gambling colleagues are men. They gamble almost every day and spend so much money each month that they have to borrow from others. This habit has been going on for a long time and as a co-worker, I am of course a target for my colleagues who provide loans. I was not responsible for giving him a loan even though I gave it several times, but until I realized it would only burden him at the beginning of the month, I no longer gave him a loan.

A severe level of addiction will make a gambler always look for easy ways to get money. They get loans, work harder, or do something illegal. I also found a case of a village head spending government funds just for gambling. This case was revealed when the village financial audit team found irregularities in his financial reporting.

I have not encountered such a case so far.

Welcome to my inbox. Lol.

A lot of people have no shame and feel like others have money they just give away. My advice is to just ignore them otherwise you’ll have a never-ending stream of charity requests. Stick to helping the people in your life or donating to established charities.

Just follow the simple rule - don't lend money that you cannot afford to lose. If a close friend asks me for $20, I'll sling it to them and while I expect it to be paid back in some form - would not chase it ever again. If they keep coming back and asking for more money, then I'd probably say no, because I am not here to hand out free cash that I've worked hard for and was not paid back previously. It's a bad cycle for someone to get into if they are relying on friends constantly and there is often some underlying habit that is causing that. People who get addicted, can often start putting their own addiction in front of their friends and in that scenario they are choosing to screw you over, so it may be time to re-evaluate your relationship. Male or female, it makes no difference.

Same here on which it would really be never that something good if you would really be letting them borrow money on which you do know that they would really be that making use of it on doing gambling.
Not on that you are really that wanting to let them borrow but if its for gambling then better not fuel up their addiction. Also, on the moment that they are really that addicted then it would really be something that pertains on things about having no control plus having the inability on repaying up those loans that they had borrowed from you. If you dont like on not getting repaid or returning those money back
then it would really be best that you shouldnt really be letting them borrow on the amount on which they would be asking. Refuse on them properly and tell you dont have money but of course expect that
there would be some sort of gaps on the moment that you would be refusing into them.

All men/women are the same if it is only for gambling, they will never lend it because the risk of losing money will be high, let alone getting addicted to borrowing again.

Still I will refuse if borrowing money is only for gambling because this behavior is bad, right? Some people suggest gambling not with loans because the profit is impossible to get let alone return the money, so refuse whoever it is relatives or own family.

Feeling bad about lending money to them, of course we must feel especially when friends or relatives are in need, as long as it is not for gambling and the person can be trusted then I will lend small money.

Why bother lending them then if you have so much difficulty in the first place? My friend had this experience a couple of years back, money was used for vacation purposes (together with his gf) and the loan took like a year to be paid. After that, he never had anymore intention to give out loans unless for emergencies lol. Now imagine that in your case since they're using it for gambling. And really? Small amounts? Jesus I'd pass on that. I'm more likely to forget about them really.

And no, I rarely do. Only for emergencies at most really. As for female friends, like hell I will. Gender ain't an advantage here.

It depends on what the person want for use the money for. If he tells me that he wants s to gamble with the money, then I won't be willing to give out any penny as I will only be aiding some gambling addicts who doesn't have funds to fuel his gambling activities. Why would someone take loan to gamble, if he isn't addicted.

I guess it how you potrate your self out there to them, that's how and why they think you have so much and then wants you to give them a hand to fund their gambling activities. If you are the type that always spends in front of others the they will have the mindset that you are rich and when you don't give them id they asks, you become an enemy.

I felt how I used to lend money to a colleague but what happened after the due date was difficult to collect for various reasons, I was like a beggar by wanting the money back again, and since then I have never lent money to anyone sometimes they forget themselves after being helped by lending but they will forget when they want to be collected.

Moreover, this is borrowing money for gambling, it is clear that the money will be returned to you very low, what if you lose and never pay the loan to you even if it is small money if you give it without any pity he will continue to meet you and ask for another loan.

Now I no longer feel bad for them, because I have learned to see the previous incident, keep your own money, never lend it unless your brother is in need.

Over here most people don't use banks. They are not aware that having a good credit record is worth something.

First of all, let me give you this advice for free.

Letting people know that you have money is only going lead you into financial crisis both with them a d others who may come after them and even attracting criminals to yourself,  before people feels you have money to borrthem, you might have shown them some traces of being an easy going person who can give out and once you give a person you have turn to their bank where they come to loan all manner of amount anytime their need money to fund any of they desire.

The thing with borrowing a gamblers money is that  you may never get the money back no matter the amount pf time you give them, because by gambling, they already lose the money or even being addicted to gambling already so just give at your own risk, just as you said in you concluding part, when you want to borrow anyone money, you need to add interest to such loan and with a strong collateral if not you are just gifting them the money and not loaning since they not gona pay back.

I think some of them are borrowing money from friends because they just wanted to pay the principal only. If they wanted to loan with interest then they should go to a bank. Although lending money to people that you know is tricky, because sometimes they will tell you a lot of excuses or bringing sad stories in their live so that at least you won't hesitate to lend them money.

And then you will hear after that the money is just being used for gambling. So I guess this might discourage you to borrow money to some individuals down to road. But we all know the risk involved in borrowing money just to gamble it. So to answer the question, no, I won't lend someone the money so that he will gamble it. Chances are he had already an addicted and might not return the money to you.

I loan a friend money and we later went out together to drink beer and eat barbecue and some meats in a way that I spent money just for us to enjoy, but what I later noticed is that the friend did not want to pay the money and some days after he asked me to give him money. You are right. I corrected it later and if I do not have money and he later believe. People need to be very wise.

This is the reason some people will be doing as it they are not rich. They can be rich but they know how people are.

When you lend money to someone and the word is out, everybody thinks you have some money to spare. And especially if they learn you have Bitcoin I guess it's not surprising anymore to see friends asking for loans.

This is not a good practice to do since it can make you a bad guy in the end when you refuse them. A friend can turn into an enemy after that. Even to a relative, it's better to just give a little and not expect a return for the relationship will just turn sour.