Do you think lending a friend money could ruin your relationship?

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  1. editorsupremo profile image60
    editorsupremoposted 6 years ago

    Do you think lending a friend money could ruin your relationship?

    After a couple of mistakes in lending money to friends, I vowed I would never lend again but would rather give them the money so that there would be no arguments about when to pay back, or being put in the position where you feel uncomfortable asking for the return of your own money.

    What do you think. Can money get in between friends and ruin their relationship?

  2. mackyi profile image68
    mackyiposted 6 years ago

    You just said it yourself ! Lending money to friends can certainly ruin friendships. But at the same time friends are suppose to be there for friends! Contrarily, no one should ever "bite the hands that feed them."

  3. ithabise profile image82
    ithabiseposted 6 years ago

    Save yourself the grief and follow your gut, which I hope is telling you not to do it. Yes, money does ruin relationships. If a large number of marriage end due to finances--not lack of love or breach of trust--why won't it end a friendship? It's basically the same thing.

  4. kayyluh profile image75
    kayyluhposted 6 years ago

    I never lend money to friends because some people I know did that and are no longer friends with the people they borrowed from. I don't trust lending anyone money except for my mom but other than that I think that everyone in my life wouldn't pay me back. When people don't pay me back and ask for money again it really bothers me. So yes it can ruin the relationship between friends.

  5. bhaskardada profile image40
    bhaskardadaposted 6 years ago

    If any friendship is broken for money, I think it was only a pseudo-friendship and it was bound to be broken, the sooner the better. I agree with with ithabise.

  6. editorsupremo profile image60
    editorsupremoposted 6 years ago

    Thanks all for your input.
    Obviously the answer is yes, lending money to friends can ruin a friendship
    .
    As you say ithabise if financial problems between married people can cause a breakdown of a marriage, why can't the same happen to a friendship?

    Kayyluh stick to your premise of never lending money to friends and mackyi I love that principles 'don't bite the hand that feeds you' and 'don't look a gift horse in the mouth!'

    bhaskardada you're right, they probably weren't true friends in the first place.

    Jublierose all I can say is, whatever friend you lend money to who doesn't value your friendhip will contribute to ruining it will not care about doing so.

  7. ThussaysNanaMarie profile image74
    ThussaysNanaMarieposted 6 years ago

    With some friends you are damned if you do and you are damned if you don't.  A true friend will pay you back knowing how things are with you. Resentments can creep in because lending money is a power thing.
    I would give only what I can afford to lose. So if it never gets refunded then I won't feel so bad. If I don't give, it may look as if I don't value my friend's problem.

  8. Mac31 profile image61
    Mac31posted 6 years ago

    I think that lending money to anyone can affect your relationship with them.  I would never lend any of my friends money plan and simple, because more than likely they are going to expect you to be a little more easy on when they should pay you back.  One thing that you should do is to make sure you tell them that you need the money no later than a week at the most.  Be sure you even lie about it that it is coming from your rent or car payment money if you even decide to lend someone money. 

    Personally I would not lend anyone money, because if they don't have the money now more than likely they are not going to have it when you ask for.

    Hope that helps.

  9. cheaptoys profile image57
    cheaptoysposted 6 years ago

    yes it would if he or she is the type who doesnt intend to pay back but u want the money back!

  10. darrensurrey profile image72
    darrensurreyposted 6 years ago

    I've seen it happen too many times. If you have a friend and you want to help them out, lend it to them but tell yourself that you probably won't see it back. Chances are, your friend will constantly make excuses or suddenly be very hard to contact. So if you value them as a friend you're probably best off telling them that you want to help them and will give it to them as a gift but if they can pay it back, you would appreciate it!

    It is, of course, during such tough economic times that we find out who our true friends are!

 
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