Is there any people
who get friendship using money? Do we should (Should we) give our money for friendship? No,
because if we want friendship we not use money but we use our brain to choose
who is your friendship.
Move to my
definition. What is money? Money is a current medium of exchange in the form of
coins and banknotes. And What is friendship? Friendship is a relationship
between friends.
Back to my argument.
My first argument is based on www.moneycrashers.com that loans are not a priority. With a
open-lended loan, the borrowers may not realize that there is a sense of
urgency to repay the loan. Without the deadline, repay the loan become the
borrower’s last priority. The borrower won’t face any impact for not repaying
the loan, we late payments, higher interests costs, or a negative impact on a
credit score. Without the threat, the borrower has no motivation to take the
loan seriously or to put any urgency around repaying it. Tell to your friend
and let him or her know that repaying this loans need to become a priority. Set
a deadline for repayment to avoid any misunderstandings.
My
second argument is you might need the money. Of course you need your money
back, but you also need your money. What if you lose your job and you have no
income? What if you spend your entire emergency fund while searching for a new
job? What if you need to put food on the table for your kids and repayment of
the loan marks the difference between you keeping your house or going for
clousure? Not receiving payment of the loan in a timely manner might spell
disaster for you and your friend. If you have any hint that you may lose your
job, or that any sort of personal financial flownswing is in the horizon, don’t
lend money to friends. Tell them honestly that you have a tenuous financial
situation, and can’t spare the money.
So,
the conclusion is that there is so many reason why you shouldn’t lend money to
friend not only two but ten. And if we want friends we not using our money for
that. Thank you.
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