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Do you believe lending money to someone else is a smart idea?

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In the end, you should only consent to lending money to a friend or relative if you are entirely satisfied with the terms of the agreement and if the individual is someone you can trust. If you are uncomfortable lending money or cannot afford to, don't feel bad about saying no. Lending money to friends and relatives can also put you in financial trouble and possibly strain your relationships. Setting limits on lending to friends and family can minimize the likelihood of issues and help maintain bonds.

How about you? What do you feel about this?
 
To tell the truth, its's very hard to say no to your family because things may not go well or we may not get as close as we used to. When it comes to money, everything changes, and I hope no one will ask me to lend them money that I can't afford to lose. that is what i can say right now.
 
I have a friend who lent money from me and paid me right but it happened only in the first. In her second time she borrowed almost double from the first but she failed to pay her remaining balance until now. It's crucial
 
I have a friend who lent money from me and paid me right but it happened only in the first. In her second time she borrowed almost double from the first but she failed to pay her remaining balance until now. It's crucial

That is a shame. What did you do? Are you still friends with her after that incident?
 
That is a shame. What did you do? Are you still friends with her after that incident?
I didn't junk her, I don't her real problem. She promised to pay me in the right time. If I consider her an enemy she will be happy for her balance 10, 000 pesos will be quits, no way. I'll give her another chance before I report her to the police.
 
It depends on the person and the kind of relationship I have with them. For me though based on passed experience I really do not like lending out money to others.
 
I have resigned from lending money to people. The last persons I have lent money to haven't been honest enough to refund it. I intend to just help people with what I can than to court unnecessary trouble with lending money to people.
 
For me that is a very risk Idea. That's because most people are not trustworthy and tend to run away with your money for that reason. Therefore one can easily get losses for that reason.
Yes, when once money is involved one need to be careful. You can lend your money to those that you know are really trust worthy.
 
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