So far I've given three loans to friends. Each time I give the loan I make a personal pact with myself to not get upset if it doesn't get paid back. I just got the second loan back. It was for $200.00 and I made it 3-4 months ago. I still have an outstanding loan of $500.00 that I gave to another friend a few weeks ago. I'm sure she will eventually pay me back even if it's in small increments. I'm fine with that. I told her to take her time paying me back when I gave it to her because she's been out of work for a long time, just got a new job and her disability is about to run out so she's in a tight place right now.
And if I don't get it back that's OK too. She's a good friend and I'm not going to fight with her over money.
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Miri 1994-2009
I Miss You
The only time I gave money was to a relative in need. It was given as a gift, but it was unexpectedly returned in less than a year.
ReplyDeleteI have another friend I gave one loan to and one gift to. She wanted to return the gift and I refused to take it. She has returned the loan.
ReplyDeleteThe trick is to only give it if you can accept the fact that it might not be paid back. Then you don't risk losing a friendship.