It is believed that money issues can destroy any, even the longest, acquaintance and the strongest friendship, and there are numerous confirmations of this. But a person living in society cannot leave his loved ones in desperate situations if he can help them. In this case, to lend or not to lend money, you need to decide taking into account many factors.
When can I lend money
In fact, this is a fairly standard life situation when one person asks another to borrow money for him. This is quite normal when it comes to a small amount and you have known your debtor for a long time. Many live paycheck to paycheck, and it's okay if you lend a colleague or friend money before payday.
A small amount, not critical for you, can be lent to a friend in a difficult situation, even if you do not expect that he will be able to return it to you in the near future. Moreover, if you see that this case is atypical and he needed money so suddenly that he simply did not have time to postpone the required amount. Situations such as a sudden serious illness or death, when a person urgently needs money, happen and often do not become fatal problems only thanks to the help of others. This is not even charity, because no one is immune from this, and who knows, maybe soon you will need the same help.
Despite the fact that recently this approach has been practiced and declared: "Friendship is friendship, and money is apart", you should not spoil your karma if you have the opportunity to help. You just need to know who will benefit from this help and when.
To prevent the amount of money lent from being depreciated due to high inflation, make it a condition for the return of this amount in foreign currency. It will be fair.
When you don't need to lend money
You cannot lend large amounts of money, the failure of which will make a tangible hole in your budget and become a loss for family well-being. When the amount is significant, it greatly increases your chances of becoming a victim of scammers or simply unscrupulous friends and acquaintances. In this case, your conscience is completely clear - a large amount, which in itself is the subject of investment, can always be taken on credit. For this, there are banks and their proven mechanisms for returning funds from unscrupulous creditors.
Learn to say "no" to those people whose intentions you doubt are in good faith.
A popular sign says: "If you want money to continue to be found in your house, do not lend it in the evening." But, be that as it may, just do not throw them around and do not lend to someone whom they will not help anyway. Another popular proverb says: "Don't give a man a fish, give him a fishing rod so that he learns to fish himself." If you can do that, do it better.
