[GiRTh]

Originally Posted by Redway

One basic rule anyone would do good to follow is to not loan it out if you can’t afford to part without indefinitely. It’s just about being cautious about how reliable the person you’re lending money is if it’s a sum you’re expecting to get back. My main issue on this thread is people extrapolating from this example that lending money is inherently a disaster. It can be but to me it’s just different with family and friends you’ve known for years. Those people aren’t suddenly non-genuine should they need to ask for money just because of a few rotten apples who take the piss. Giving money directly might not be your preferred way of helping people financially and that’s fine but should the waters really be muddled off the bat with loved ones because of the acts of certain people?

You answer the question as to why we're weary of lending money., There are too many variables with lending money that cannot be anticipated. The trustworthiness of the person, your own affordability etc. its a can of worms that should not be opened and can severely impact relationships.