[Redway]

Is this something you don’t mind doing for friends in need or are you more cautious about lending money?

[smudgie]

No problem with sharing with family.
Friends in need would of course be helped out.

[Redway]

Originally Posted by smudgie

No problem with sharing with family.
Friends in need would of course be helped out.

I agree but some people are very funny when it comes to money. Even people you’d consider close friends.

I get people being tight about larger/more substantial amounts of money but if someone needed a fiver/tenner I’d dash it to them whoever they were. I don’t get why even that’s such an issue for some people.

[Redway]

And by family I mean more slightly distant relatives who you don’t have some sort of obligation or duty of care to (e.g., a cousin rather than a sibling).

[Ammi]

...I don’t think that I’ve ever lent money to family/friends...my dad always would say...if someone’s position is that they need to borrow, then they’re probably not in a position to repay because that would only add stress to their situation...so don’t ever loan what you’re not prepared to give...that’s the thought process I tend to have as well because it makes sense to me...

[smudgie]

Originally Posted by Ammi

...I don’t think that I’ve ever lent money to family/friends...my dad always would say...if someone’s position is that they need to borrow, then they’re probably not in a position to repay because that would only add stress to their situation...so don’t ever loan what you’re not prepared to give...that’s the thought process I tend to have as well because it makes sense to me...

I agree with this Ammi.
If my family or friends need helping out then a gift is better than a loan.

[Cherie]

Unfortunately lending money can blow up into major family disagreements, so I would say if you can afford to lend and not expect it back that is fine, if you lend and expect it back, get something it in writing and a payment plan so both parties know what to expect but even that can end in non payment

I would give to my immediate family and not expect it returned.

Extended family/friends I would be more wary of tbh

[Marsh.]

Yes with close family and friends. With more distant relatives it would only be small amounts I could afford to part with.

[Redway]

Originally Posted by Marsh.

Yes with close family and friends. With more distant relatives it would only be small amounts I could afford to part with.

Is there a certain amount that’s out-of-bounds to you with those distant relatives?

[Niamh.]

I would absolutely help out my family, I trust them though, if it was someone unreliable or a piss taker I wouldn't

[Redway]

Originally Posted by Niamh.

I would absolutely help out my family, I trust them though, if it was someone unreliable or a piss taker I wouldn't

Immediate family’s a given but it can be harder to gauge with people outside that circle.

[Niamh.]

Originally Posted by Redway

Immediate family’s a given but it can be harder to gauge with people outside that circle.

Oh yeah definitely, no one from extended family has ever asked to borrow money from me though so far!

[Redway]

Originally Posted by Niamh.

Oh yeah definitely, no one from extended family has ever asked to borrow money from me though so far!

True but I was talking more with friends. That’s always a tricky one.

[Niamh.]

Originally Posted by Redway

True but I was talking more with friends. That’s always a tricky one.

I've loaned friends money on a night out (back before you could just tap to pay everywhere) but my closest friends are pretty trustworthy, never didn't pay it back or return the favour. No one has really asked to borrow a substantial amount of money from me

[Josy]

Originally Posted by Niamh.

I would absolutely help out my family, I trust them though, if it was someone unreliable or a piss taker I wouldn't

This

[Beso]

I'd give it and tell them to pay back when and if they can.

[joeysteele]

I'd give, NEVER loan.

I see it as no different to helping a relative/ friend move some awkward or heavy furniture.
No different if it's money needs then either.

[Ammi]

Originally Posted by joeysteele

I'd give, NEVER loan.

I see it as no different to helping a relative/ friend move some awkward or heavy furniture.
No different if it's money needs then either.

...Joey explaining his money laundering business deals...I’m with you Joey, completely......turn that loot on the street into legit....

[Cherie]

also it depends on the amount, like if someone asked me for a tenner I would give it to them whoever they were

[Niamh.]

Originally Posted by Cherie

also it depends on the amount, like if someone asked me for a tenner I would give it to them whoever they were

Can I have a tenner please Cherie?

[Cherie]

Originally Posted by Niamh.

Can I have a tenner please Cherie?

sure!

[GoldHeart]

Originally Posted by Cherie

also it depends on the amount, like if someone asked me for a tenner I would give it to them whoever they were

Yeah I was thinking the same, if it's a small amount then it's not that big a deal.

I remember when I was a little kid £1 or £2 seemed like a lot to give away,but that's because it was part of pocket money. Obviously now a few quid doesn't seem like much.

[bots]

if a family member needs help then I would always be there for them. If you can afford to lend it, you can afford to not expect it back which is where arguments stem from

[DouglasS]

Depends how much and how close I am too them.

[UserSince2005]

I tend to be seen as a bank earning as much money as I do.

I dont mind but probably because ive never had any issues