Sunday, June 5, 2011

Note to Self - Money Spoils Friendship.

A friend asks if they could borrow money from you and promises to pay by next month. You, being a good friend, loaned them some cash to help ease their financial burdens.

That was a month ago and and no sign of the money ever going to be paid. Whenever you get a chance to talk to regarding the loan, another excuses come out that they are finacially stuffed and is not able to pay. This cycle could go on for several months. As a result, the friendship slowly turns sour and feelings get hurt. What used to be a great relationship becomes an emotional burden. Each month that the loan remains unpaid, you lose more hope on getting your money back. Consequently, feelings of anger and resentment towards your friend begins to consume you.

What should you do in this situation? Well, just remember you should only lend out money which you can afford to lose. If not, just forget about it coz it might just backfire and put you in debts instead. I'm done helping.

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