will you lend your childhood friend 80k sgd?

[hotbot]

according to my this friend, his childhood friend once put $50k at his mum's coffeeshop and never asked for return.
so maybe that's why he willing to empty his banks to lend him the 80k. but as i say, pple change and money will defintely change a person. hope he will get back his money one day.

bro...i have lent on a few occasions. Mostly the money never came back. The lesson i learnt is if you are willing to lend then be willing to sign the money

off too :(

hi there


1. honest, i will not lend a single cent.
2. not that i am some miser or what!
3. i learnt some hard lesson.
4. yes, some damn good friend story.
5. till this day, i have verbally abused the sheep & its family.
6. though the amount is less than 80k but still substantial big to me!
7. the sheep has yet return a single cent to me (that was back in 2002).
8. hotbot, you are kind but don't go that way such for some friendship!

I always say no. Not even to relatives. Am I cruel? I've learned this through my pockets many times. Don't you see the trend? All these people who asked for loans are the people who have no contact with you for a very long time who does not treasure the friendship or relationship during normal time only when in need then they think of you. This is the trend just like MLM friends and insurance agent friends out of nowhere they will appear because they need you. So I will not contribute to this, I won't even use the word help.

 

[erection2015]

nowadays i permanently broke lor.....can only lend 80c... not 80k. :(

according to my this friend, his childhood friend once put $50k at his mum's coffeeshop and never asked for return.
so maybe that's why he willing to empty his banks to lend him the 80k. but as i say, pple change and money will defintely change a person. hope he will get back his money one day.

 

[hotbot]

come on bro, i know that you are not so down and out...:p

nowadays i permanently broke lor.....can only lend 80c... not 80k. :(

 

[erection2015]

ok la ok la.....got enough for some beers if i save for a few weeks. :p

come on bro, i know that you are not so down and out...:p

 

[hotbot]

next round on me...

ok la ok la.....got enough for some beers if i save for a few weeks. :p

 

[erection2015]

haha can la bro.... anyway no need to count la between friends.

hey...ur avatar ...the horse looks like its got 2 legs only.

next round on me...

 

[hotbot]

ok,bro! just take it as another outing.

haha can la bro.... anyway no need to count la between friends.

 

[erection2015]

sure....can do.

ok,bro! just take it as another outing.

 

[cunnilaubu]

It's better to lose a friend now and keep the 80K than to lose a friend + 80K later.
if he is a good friend, he will not put you in a spot.
People who can't manage their finances will remain so.

 

[jw5]

The first and most important question is to ask the friend what he wants the money for.
Doesn't mean that you should lend him even if you like his answer.

 

[GoldenDragon]

Depends on your own financial position, your relationship with this friend and the reason your friend needs the 80k.

I know someone who's doing very well today. He helped his friend obtained a 100k loan at 5% interest a month from his father in the early 90s. Borrower's biz exceeded expectation and loan was returned within a year. He now takes care of my friend financially.

 

[Blazars]

Once I offered a "friend" a job and I asked him how much he thought he should get for the job. He asked me to tell him instead and that I should pay what I would pay myself and to be "fair". I cancelled the project after the conversation.

Bro. You are offering your "friend" a job (as in working for you)? Or you are asking him for a quote for a work to be done for you? Since you mention "project", I assume you mean a specific work to be done for you. And if this is the case, i think its right for you to cancel it. Personally, I never like to mix work with relative/friends/neighbours.

$80k to a childhood friend? I dont think so. I learned my lesson. Lucky for me, its only $1k. Loan repaid, still friend, gave him a treat last weekend. And we never talk about money anymore.