Lending Money to Friends

When it comes to things like this, my thought is you don't loan your friends money, you give it to them.

I have a few “policies” that I think are uncommon.1. I never lend money because I have found the obligation upon the person receiving the money leads to negative consequences for me as a lender (whether friend or acquaintance). Instead I decide whether or not to gift the amount (or part of it), and I tell the person to “pay it back to someone else in need when they are well off in the future” or similar reason. Saying no is hard, but saying no is easier than dealing with the consequences of a

When I extend a loan to a friend, I do it because I value the relationship with that friend more than the timely receipt of payment. This is a selfish action on my part, is it not?

Capital-L Libertarian here, and frankly when it comes to friends I don't care about money, one big happy 'circle of mooching' as my best man labeled it.However if you're not my friend, I have no reason to take financial risks for you however small.Consider perhaps you are not good friends with these people.

I was going to say.. you definitely don’t need much if others are paying the bill. Some people see friendship as an excuse to expect to use the resources of others.

If you read the post, he mentions examples where people buy someone else who can't afford coffee. That was what he encouraged from the initial post as well. Also I've seen many of my friends actually do something like that.

You shouldn't loan money to those people though, just give it without expectation of repayment.

Yeah, if was someone who I wouldn't want to do a favor for I just wouldn't do it. I make so much money that the idea of taking money from friends for a pretty simple favor comes across as weird and miserly.

The context was if someone suddenly has much more money than their friends, and then decides it’s their responsibility to pick up the check every time. It’s not, and probably wouldn’t be appreciated.

My experience - even with close friends and family - is that if the favour involves money, -expect- to get fucked over.