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What To Do If Friends Ask for Money | How to Handle Lending Money to Friends

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Get them a gif card only brWe love doing this!brWe keep gift cards with the receipts lying around!
Comment from : @Faceless_Mailjam

There is a song that goes like this: ther’s nothing going ON but the rent
Comment from : @Faceless_Mailjam

Girl you loan out the money or I come home get up the next morning and I got 4 flat tires and I had to buy 4 new tires three time and the last time I got a camera!
Comment from : @Faceless_Mailjam

Very educative
Comment from : @KevOtieno

Collateral! Guns, gold, electronics, title of their vehicle Write it up, have them sign the document Keep the collateral in a hidden place If they flake on the repayment, the collateral is yours Include that in the contract Everybody needs to be on the same page I will not hunt them down for the $$ and waste my time
Comment from : @duanewolfe2321

Don't disrespect me by asking me for money
Comment from : @growlingleapard7868

Don’t lend it
Comment from : @aithris8567

The best rule is to never lend money to acquaintances, friends, and/or relatives Most of the time their just deadbeats or aren't living within their means
Comment from : @kenberry8504

Never give anything away you can’t afford to lose
Comment from : @mercedeswilkins5566

You are not a bank so don’t give money away
Comment from : @mercedeswilkins5566

Never loan money to family or friends It changes the relationship between you and the person
Comment from : @TedWentz

oh god i am going through this right now with a friend, she always asking me for money so she can buy stuff, i'm going to do my best and learn to say no more often
Comment from : @muumuugirl

What if it’s your sister who needs money for surgery? And you don’t know them that well at all because they live in another country? Should you help even tho you are barely making ends meet?
Comment from : @Neoncaffine9915

I don’t lend money because if the person dies, I wouldn’t get my money back 🤷‍♀️
Comment from : @sacoope1

How to handle it? Easy Don't do it It's very nervy and frankly, ignorant, for adults to ask other adults for a loan I have been stupid enough to do it in the past, twice, and it was well over twenty years ago It didn't end well and all but ruined a friendship I just say my money, my liquid anyhow, is tied up in money market accounts - which isn't a lie, but in reality, no one asks me for money anymore Mature people don't do that type of thing, and if you find yourself around people who do, leave the "group"
Comment from : @dyates6380

My go to is give me 30 days to get that to you
Comment from : @marleyjanim5033

Just say Noooo!
Comment from : @thefunfam1433

I never have money Although you do Never lend money, lend a hand
Comment from : @gusklemp3477

❤❤
Comment from : @paulnkhoma568

A girl I know keeps asking for money I said no she keeps on with I have a 2 yr old kid I have no job family won't help I said we'll get a job or sell your body on the street I don't really care you do you she blocked me instantly result I still have my money and I'm happy with my money lol 😂
Comment from : @e-bike-bys-vykken7422

The amnt of money I've given or "loaned" out in my life would be enough for a high downpayment on a home in NYC I get frustrated, because it's like they dont' give a f*ck about your budget or what's going on in your life it seems
Comment from : @TheManTheMythTheLegend-bx6vu

If they cant handle you saying no, you need to find new friends
Comment from : @supercaptainbatdoggy

I have a friend I keep loaning him money he stays with his girlfriend, his girlfriend not working now they can’t pay the rent now They ask me every day for the money I don’t feel comfortable loaning him the money because every time a loan him money before he never pay me back
Comment from : @lurycharles-pierre122

Good
Comment from : @martinmusokem5765

Very cool video 😎
Comment from : @griso107

Got a friend whose life is one never-ending money crisis Been friends 25 years and he has paid me back the two times I've loaned him the small sum of $500 I'm not worried about being paid back, it's that he now thinks he can count on me for a quick loan And if I don't break the cycle, the cycle will continue I don't mind lending to a friend IF it's a true emergency like he'll be evicted or have his car repossessed, etc But now it's just small stuff like he's going on vacation and could use the extra cash type situations
Comment from : @lolaclyde7915

"No" is a complete sentence
Comment from : @timothygenaw2199

my friend needed a gym membership and i paid for him its been 3 months now and he still didn't return it back even asking for it twice i urgently need the money i don't know what to do
Comment from : @veganrex_8

To the people that were really genuine friends, to the people that never asked for nothing but gave when family needed it, to the people who got turned down by these so called friends and family with excuses when you needed help in your darkest hours, days, months and years Always remember Today you can be a KING and tomorrow you'll need the help of others That's how FAST life can change You keep being that genuine person regardless of how people treat you, regardless of your circumstances It WONT last forever Always TRY to do good and be pleasant in the eyes of GOD One day they will need you They ALWAYS do! ✌
Comment from : @sheedshaad1283

Quite helpfulbrThanks so much 🤝
Comment from : @Army-btsstarcrown

well said
Comment from : @saunaknandi1814

Nooooooo friends are more prone to jealousy and taking advantage of you! Lending money is dangerous
Comment from : @patrickturk8957

💯
Comment from : @bobmcdonald6638

Some people ask for less amount that they can payback, to build the trust that they have repaid, but ask for more after sometime that they cannot pay
Comment from : @rohans7194

I've been in this situation for quite a while I was friends with an ex co worker about 6 months ago After awhile he told me he was falling on hard times and needed help So whenever he asked I started sending money for food and rent He's told me several times that he'd pay me back but I haven't gotten one cent from him A few days ago he wanted me to send him 80 bucks to pay his internet bill I finally reached my breaking point and told him in the nicest way possible that I won't be sending any more unless he pays me back like he said He said "Things happen and I have bills to pay" I understand that but everyone has bills to pay Point is if you barrow money from someone there's only so much they'll give before they reach their breaking point They are not entitled to YOUR money
Comment from : @JazzGaming26

GIVE ONLY 2 or 5 OF THE MONEY ASKED , IF YOU HAVE BTW
Comment from : @venkatamangena3065

Thank you
Comment from : @10SecondGames

Another tip is to avoid discussing your own finances with family and friends For some reason they will think that you owe them something if you're managing your finances without complaining Be just as broke as they are and you won't get bothered
Comment from : @thedeal9526

I'm so dumb Now, no one will get blood outta this turnip
Comment from : @moodydearest

my family gave 10000$ to family friends It's been 8 years They never payed back But they are in good position to pay back and craziest thing is they also blocked us on social media, changed contact numbers It's a mental pressure whenever we think about itbrbrMoral - never lend money 💰 even how badly other person needed help We also can always support in other forms If you can just donate Don't expect back It's good for your own health and family
Comment from : @akhilapodupuganti4089

I love this advices I am all by myself, living alone, soon going to foreign land to work My so called friend was angry on me cause I was not able to lend her some moneybrThat was a huge red flag for me cause in the past, when I lended her some money, she needed 6 months to give me back, and by that time she was working and had a good salarybrI think that all of us, that were in the similar situation, must learn a lesson to not be a Red Cross Organization 🙂🤩🙂
Comment from : @nevenarankovic4150

My"friend" is wanting a $3500 gift certificate for a car wash for giving me a used $35000 memory foam mattress It was a GIFTwhy does does she want money from me? She just hung up on me because i said NO Any thoughts? Tired of money grubbers!
Comment from : @amandatarkington6877

I had totaled my car and asked a really good friend of mine for 1000 I was behind on rent my car was stuck in another city and I was feeling very hopeless He kept pushing it saying I'll see He had a $9k insurance check and he stayed with him parents, he's 26 and I'm 22 I swear when he said no to me I felt very betrayed So called brothers
Comment from : @TheLastSaint7

My friend eat my money 💰
Comment from : @aakashkarki

How to lend money to friends and family? Simple answer: I don't!!!
Comment from : @josephinebournes8212

I always say I don't have it Period
Comment from : @donnabennett5454

Very well said great advice Toxic people will try to make you feel guilty because you didn’t help them but really they don’t help themselves
Comment from : @roberthatch6230

thank you for make this video this help me alot keep up great work 😊bri will show my firends this video two 😊
Comment from : @stacey_Gamer

Man I didn't look at it this way I'm sorry I can't be an asshole, so if someone needed like 5k and you gave them only 100, would that be bad or like insulting or something? Should I just not give them any at all rather??
Comment from : @brienmaybe4415

God bless you ! John 3:16 brThings are so hard
Comment from : @JohnJohn-fq5bl

I think you're terrific
Comment from : @mahmoudfish6538

Very useful info thank you
Comment from : @enjandopazvakavambwa6272

Hello! Thank you I am just seeing this video Thank you very much for this, I am dealing with a situation that is uncomfortable right now with a friend, so this is super helpful! Thanks again! 😀
Comment from : @allyredmond7259

When someone asks me for money I turn around and respond by saying you want to borrow money from me I'll give you a big kick in your ass
Comment from : @dogan6070

I'm sharing these videos to everyone I know Cuz I'm not helping these mfrs anymore 😂 Except my parents
Comment from : @jayem5807

Being Nice will backfire!
Comment from : @newbeginnings9457

Aye let me borrow 20 dollas until I get paid
Comment from : @anbuaggie2690

Great content!!!! Love your channel
Comment from : @deborahbrown1230

I agree! Never lend more than you’re willing to gift
Comment from : @WellBalancedWallet

Okay I need to send this to a few people Great video!
Comment from : @RoadtoFIRE

preach!! habitual borrowers always try to guilt trip you like you never helped them outfamily is the worst sometimes sad truth -you have to exclude friends n family from ur circle on your path to financial wellness! very very good topic💪🔥😎
Comment from : @jd7119

Great tips for a very sensitive subject
Comment from : @kurateddesignsbykim

Great video I just got a suggestion to view this video I haven’t been getting notifications and I’m surprised I missed so many videos , yes I’m a subscriber
Comment from : @discoverwithdebra6038