Topic: People keep asking me to borrow money, some of them for betting - page 15. (Read 1870 times)

I treat borrowing money just the way I treat gambling. I borrow money which I know that I can afford to lose. I'd rather give out the money and not expect a repayment. Experience has taught me that it is easier to lend money to someone out out of pity but the borrower would almost make you drag them to court when the due date for repayment is close. They almost never keep to their words.

I don't see gender, I see humans, and personalities as well as their tendencies. There is no difference.

If I am to borrow somebody money for gambling,the first thing I will do is to be in agreement will  the person over the payment structure of the money,we must sign an agreement,and indicate a place where he has to sign that he collected money from me for gambling on a particular date,and would refund it on a given date, failure to refund it will carry penalties,which might include me taking any of his properties that will be worth the amount borrowed from me.In that case,I and the borrower will not have problem.

I would lend out money, but it would depend on where it would be used.
If it would only be used for gambling, isn't emergency and not really important then I wouldn't help them out, I mean I could use that money on something important for me or my family so why would I lend it to others?
It would also depend on a situation, if I know that the person who is asking to borrow money from me spent his/her money on unnecessary then I wouldn't help them, for me they are the problem not the money if I help them then they would just continue to live like it, they wouldn't change.

Just don't lend or lend with interest.

Over here 10% per month is not unusual.

Nobody asks me for money, which means you're doing something wrong.
You either talk about gambling too much, or you talk about crypto, or you drive a nice vehicle to work, or you wear expensive clothes and have a good phone... They must be getting information from somewhere, or they somehow suspect you might have money.
Wrong answer . If you talk to them like that they'll think you have money, just don't want to give it to them.


Depends if they're close friends. If we're dating, or I'd like to date them, I'll be willing to lend them some money. Not for favors, but to check them out if they're worth my time. A woman that will lie about something as stupid as a small loan is dishonest and not a girlfriend material.

I like that.
When you know the reason why your friend is asking for a loan from you is to gamble and you gave him/her the money you are also putting the person in more danger and no doubt that you might not receive your back your money even without interest. One funniest part we should know is that even when the person that collected a loan from you won, he's attention will not go to pay back the loan he collected but to double the money or triple the money.
It's not good to gamble with loan money because when gambling with loan money I don't think the person will be concentrated but only thinking on how to win and double the money and at the time he managed win he's attention will not be to pay back the loan but to triple it and that's the moment lose starts and still the gambler still chase loses.

to relatives(not immediate family)? no, they are one of the most entitled people on this planet, they get angry when you try to ask them for the money you have lent to them, they would even involve other relatives and badmouth you to them. to friends? yeah, but it's very rare, In my experience, friends are more likely to pay you back than your relatives.

yeah, it's the reason why I used to lend money to relatives but not anymore.

I am not sure why being a female would affect whether I will lend them or not, if they have a good reason or an emergency that I think is valid enough, then I'll lend them money.

I do not borrow people the money that I can not give them. So I do not feel disappointed if the borrower is not able to pay the money. But I will expect the person not to come to borrow money again.

I treat female like male if it is money.

If someone ask me for money and I can verify it is for gambling, I will humbly refuse because I know I will not be helping such fellow. Imagine the trauma of borrowing money and losing it all to gambling only to be in debt, that is compounded pain for him so I will not want to share in the blame. It is nearly impossible to win gamble with borrowed funds because the moment you realise the money is not yours, your psychology is already messed up. The best approach is always to gamble with personal money and such amount that one can afford to lose. Even gambling company advise their customers to gamble responsibly.

It has become increasingly common for friends and not-so-close "friends" to come and ask me to borrow money. I don't usually ask for the purpose, but some ask me because of betting at online houses.

The last time I lent money to a colleague, who I hadn't had much contact with other than at work for a short period, it was with great difficulty that I got the money back.

I don't know where people get the amount of money they think I have, they must think I look like a bank...

Who likes having to borrow money? Unless you are a loan shark and lend with collateral where the risk is almost zero, why lend money where you end up with a loss? 'cause in addition to no one paying you with interest, most never pay you on time, at least you will get your money back after repeated charges.

Some people even go so far as to ask me to borrow money for what? to bet!! What a joke. I answer briefly and bluntly that I don't have the money to lend for these purposes!

And the worst thing is that they ask me for small amounts, like $2, 5, 10$... I think that if the person doesn't have that money now, the chances of them getting that money to pay you are low. If the person is in need, it's easier for them to confess right away to see what I can do, because I'm not a bad person.

Do you usually lend money to relatives, friends, etc.? Have you ever felt bad about it, done it unwillingly?

And when they are female friends, do you lend them?