We live in a world today where it is difficult to get by without borrowing money at least some of the time. Yet, when it comes to repayment, we tend to lag behind and this is evident when you are borrowing me from either your family, relatives or even friends.
The downside when you lend money to friends is that, since we do not charge interests, the borrower tend to accumulate and stall when it comes to payback or even raised up the question on friendship when queried upon. More often than not, those who lend the money would think twice about asking it back, especially if it involves a small amount.
Research have shown that the easiest way to lose a friend is when you do either of these 2 things:
1) Lending them money;
2) Sell them a car.
They further mentioned that if you plan on lending money to your friends, don’t ever think of getting it back for the value of friendship is often broken when pit against monetary issues. Sometimes, friendship values more than money. The principle of lending money to a friend in need was probably the reason why we give it away in the first place.
You have to decide whether you want to maintain a friendship or get the money back. A friend would have made small payments, at least, and talked about what they could do, keeping whatever commitment they had made. A pretend friend makes excuses for a year.
The following is a quote taken from Shakespeare’s “Hamlet”.
Neither a borrower nor a lender be;
For loan oft loses both itself and friend,
And borrowing dulls the edge of husbandry.
This above all: to thine own self be true,
And it must follow, as the night the day,
Thou canst not then be false to any man.
William Shakespeare, “Hamlet”, Act 1 scene 3
I guess there is probably a reason as to such statements being made. It is so easy for a borrower to forget what they owe and for a lender to remember what is being owed thus tearing friendships and relations apart.
It is embarassing to hunt your money back. Sometimes, it makes you realise that you need to evaluate your friendship and set to find out who your true friends really are.
