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Author Topic: People keep asking me to borrow money, some of them for betting  (Read 1275 times)
michellee
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May 28, 2024, 11:06:28 AM
 #41

There are still people borrowing money from other people. Unfortunately, they borrow the money just to gamble and it will be difficult for them to pay it back. But they don't care about that. The important thing is that they can continue gambling.

Some friends still come to me to borrow money. The amount varies, but before I give the money, I will first ask what the money is for. I will lend if they borrow money to meet their living needs.

But if their purpose for borrowing money from me is not clear, I will reject it and will never lend that money. I really know people in my neighbourhood who often gamble. If these were the ones who came to me, I would not lend them money.



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May 28, 2024, 11:28:34 AM
 #42

-snip-

Do you usually lend money to relatives, friends, etc.? Have you ever felt bad about it, done it unwillingly?

And when they are female friends, do you lend them?

Fortunately, I don't have many friends or relatives who are in a position of needing me to leave them money, but in the past I once lent a friend I worked with an important sum of money that he ended up practically returning to me (because I simply ignored a small part of just over 10%) but which took him ages.

Not a good thing to lend people money, and even less if you lend it for free. You will possibly never get all your money back (if you lend it so the borrower can gamble with it, then it is highly probable) like was my case. You have to help your friends, but not in any way.

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Mr.suevie
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May 28, 2024, 11:33:42 AM
 #43

It has become increasingly common for friends and not-so-close "friends" to come and ask me to borrow money. I don't usually ask for the purpose, but some ask me because of betting at online houses.

The last time I lent money to a colleague, who I hadn't had much contact with other than at work for a short period, it was with great difficulty that I got the money back.

I don't know where people get the amount of money they think I have, they must think I look like a bank...

Who likes having to borrow money? Unless you are a loan shark and lend with collateral where the risk is almost zero, why lend money where you end up with a loss? 'cause in addition to no one paying you with interest, most never pay you on time, at least you will get your money back after repeated charges.

Some people even go so far as to ask me to borrow money for what? to bet!! What a joke. I answer briefly and bluntly that I don't have the money to lend for these purposes!

And the worst thing is that they ask me for small amounts, like $2, 5, 10$... I think that if the person doesn't have that money now, the chances of them getting that money to pay you are low. If the person is in need, it's easier for them to confess right away to see what I can do, because I'm not a bad person.

Do you usually lend money to relatives, friends, etc.? Have you ever felt bad about it, done it unwillingly?

And when they are female friends, do you lend them?
From one if am you I think I would be happy for people to actually hold me up in such high esteem and the order it's fucking annoying too because you will just keep getting lots of person asking you someone and when you decline the offer it will all be as if you really don't to give them.

But one thing certain about loaning money to gambler anyways, just be sure that they are still gonna come back for more and if they find out you are the generous type they will pestering you and even making advances of bringing things for sales.

R


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Baki202
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May 28, 2024, 11:38:57 AM
 #44

That's the problem when you are lending it to friends because there's a chance they will take advantage of you.
Perhaps you lend some money to someone he knew before and then the "pass the message" happens. You know, there will be friends who will suggest borrowing some money from you because you did it before for them.

nothing paying back is something anyone will expect because if you have friends who gamble their habit should not be a problem to you, Borrowing their money to gamble is a risk you intentionally want to bear because they won't pay back, and lucky enough, even if they win their chances of returning that money to you is slim, and the majority of them will even start avoiding you just because they do not feel like paying. and even the ones who borrowed and did not pay will still come back so that they can borrow again. the important thing now is that, instead of borrowing, just give them what you know you can avoid losing. I don't think I will ever borrow money to gamble, as much as I love gambling. borrowing is putting me in a worse condition, even worse than gambling itself so if I don't have money I will still prefer to stay that way than borrowing to gamble.


That is what is happening to me right now. Most people in my neighborhood will come at me to borrow money although I am not rich. I guess it's because I won't say no unless I don't really have the money.
But I am thankful that they do give it back in time and maybe the reason behind it is I don't put interest in it. 1:1. Also, I know the money is for a good purpose like their salaries are late so they cannot pay their bills or something is delayed so they just need a bit of money to survive the day, and not because of gambling.

you are a good person just that your action might be taken for granted, there are a lot of people who have borrowed money and failed to return and this habit has ruined a lot of relationships with people because I don't see the reason why you go and borrow money and you don't want to pay back to me its not reasonable at all, and some will not even tell you their purpose of borrowing money and asking will be somehow. just imagine banks borrow money without collateral what do you think the result will be it won't be more than bankruptcy, people will take it for granted, just borrow what you can lose incase if they don't pay you back.  

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May 28, 2024, 11:43:29 AM
 #45

Usually I always look first at the character and nature or personality of the person who wants to borrow money from me, if indeed they are one of my close friends then surely at least I know about the activities and habits along with the things he likes and this closeness can certainly give me a little idea about what the money will be used for if for example they do not say about the purpose of using the money they borrowed from me.

In short, I only dare to lend money to some of my close friends who have a good character and are responsible in social relations as long as I know them, but if it turns out that I know that he is a gambler then I usually don't lend a penny, not refusing but saying as the OP said that I don't have money, because after all, lending money to a gambler is likely that they will use the money for gambling, Although for example they say that they will be responsible and pay on time but I still refuse it, and that's because as we know that a gambler especially one who is quite addicted always prioritizes his gambling activities when they have some money, meaning that most likely when they have money then they will prefer to gamble the money rather than pay debts, and for this reason why I prefer to say that I don't have money, none other than because prevention is always better than cure.

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May 28, 2024, 11:49:52 AM
 #46

Usually I always look first at the character and nature or personality of the person who wants to borrow money from me, if indeed they are one of my close friends then surely at least I know about the activities and habits along with the things he likes and this closeness can certainly give me a little idea about what the money will be used for if for example they do not say about the purpose of using the money they borrowed from me.

In short, I only dare to lend money to some of my close friends who have a good character and are responsible in social relations as long as I know them, but if it turns out that I know that he is a gambler then I usually don't lend a penny, not refusing but saying as the OP said that I don't have money, because after all, lending money to a gambler is likely that they will use the money for gambling, Although for example they say that they will be responsible and pay on time but I still refuse it, and that's because as we know that a gambler especially one who is quite addicted always prioritizes his gambling activities when they have some money, meaning that most likely when they have money then they will prefer to gamble the money rather than pay debts, and for this reason why I prefer to say that I don't have money, none other than because prevention is always better than cure.
That's basically the simplest way to go about when actually you want to lend out money for your friends and again one of the reasons why I really don't want to get involved in such habits is that most of my friends I know of won't even find it necessary to even give it back willingly on time and what I hate in my life is disappointment and I rather just stick the best and most simplest answer which NO than cause myself stress and pain by lending money.

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May 28, 2024, 11:50:27 AM
 #47

There are still people borrowing money from other people. Unfortunately, they borrow the money just to gamble and it will be difficult for them to pay it back. But they don't care about that. The important thing is that they can continue gambling.

Some friends still come to me to borrow money. The amount varies, but before I give the money, I will first ask what the money is for. I will lend if they borrow money to meet their living needs.

But if their purpose for borrowing money from me is not clear, I will reject it and will never lend that money. I really know people in my neighbourhood who often gamble. If these were the ones who came to me, I would not lend them money.
Recently I have also been attacked by several friends who borrowed money for transportation costs, business, work, etc. but it turned out that it was all their alibi that the money was used for gambling. I know from several of his posting activities that show of casino and from information about his closest friends who are tired of advising him to stop gambling. Before giving a loan, I always check and ask those closest to him whether he is really going to go abroad, or whether he is going to start a business, etc. until I come to the conclusion that I find reports that he is lying. For this reason, I never give loans carelessly. There have been cases where until now the loan I gave has never been paid, even for almost 1 year.

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May 28, 2024, 11:58:55 AM
 #48

It has become increasingly common for friends and not-so-close "friends" to come and ask me to borrow money. I don't usually ask for the purpose, but some ask me because of betting at online houses.

The last time I lent money to a colleague, who I hadn't had much contact with other than at work for a short period, it was with great difficulty that I got the money back.

I don't know where people get the amount of money they think I have, they must think I look like a bank...

Who likes having to borrow money? Unless you are a loan shark and lend with collateral where the risk is almost zero, why lend money where you end up with a loss? 'cause in addition to no one paying you with interest, most never pay you on time, at least you will get your money back after repeated charges.

Some people even go so far as to ask me to borrow money for what? to bet!! What a joke. I answer briefly and bluntly that I don't have the money to lend for these purposes!

And the worst thing is that they ask me for small amounts, like $2, 5, 10$... I think that if the person doesn't have that money now, the chances of them getting that money to pay you are low. If the person is in need, it's easier for them to confess right away to see what I can do, because I'm not a bad person.

Do you usually lend money to relatives, friends, etc.? Have you ever felt bad about it, done it unwillingly?

And when they are female friends, do you lend them?
If you have increasing number of people coming to borrow money from you, Well, to me, I kind of think this is how have you have been parading yourself, maybe you are showing up that you have too much money 🤔, just my thinking, might be wrong. But if this is not the case, lending someone in most case ends in you being the one to beg for the money let alone lending someone for gambling purposes. My experience with the people I lent money in the past taught me a significant number of lessons and since then, I rather give you the money and not expect it back or not lend you at all.

R


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May 28, 2024, 12:11:10 PM
 #49

It has become increasingly common for friends and not-so-close "friends" to come and ask me to borrow money. I don't usually ask for the purpose, but some ask me because of betting at online houses.

The last time I lent money to a colleague, who I hadn't had much contact with other than at work for a short period, it was with great difficulty that I got the money back.

I don't know where people get the amount of money they think I have, they must think I look like a bank...

Who likes having to borrow money? Unless you are a loan shark and lend with collateral where the risk is almost zero, why lend money where you end up with a loss? 'cause in addition to no one paying you with interest, most never pay you on time, at least you will get your money back after repeated charges.

Some people even go so far as to ask me to borrow money for what? to bet!! What a joke. I answer briefly and bluntly that I don't have the money to lend for these purposes!

And the worst thing is that they ask me for small amounts, like $2, 5, 10$... I think that if the person doesn't have that money now, the chances of them getting that money to pay you are low. If the person is in need, it's easier for them to confess right away to see what I can do, because I'm not a bad person.

Do you usually lend money to relatives, friends, etc.? Have you ever felt bad about it, done it unwillingly?

And when they are female friends, do you lend them?
If you have increasing number of people coming to borrow money from you, Well, to me, I kind of think this is how have you have been parading yourself, maybe you are showing up that you have too much money 🤔, just my thinking, might be wrong. But if this is not the case, lending someone in most case ends in you being the one to beg for the money let alone lending someone for gambling purposes. My experience with the people I lent money in the past taught me a significant number of lessons and since then, I rather give you the money and not expect it back or not lend you at all.

That's the reason why he experience that since he left some impression to those people that its easy for them to borrow money from him, that's the reason there's a lot of gamblers came and try to ask some money so that they could able to continue their gambling activities. We know this is really bad since there might be a chance that the lender will default on his loan that's why its better for OP to say no if he know that the borrower is just using that borrowed amount for gambling. For sure if they receive such answer those people will have a doubt to ask money again since they might get ashamed for their selves for borrowing money for nonsense thing.

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May 28, 2024, 12:23:29 PM
 #50

It is even wrong to borrow money to invest in bitcoin, let alone borrowing money to gamble. If someone borrows money to gamble, then the person really needs help and not even money, i would never give out such a loan. Don't get me wrong, there is nothing wrong in gambling, but you have to gamble with your own money and if you don't have it, you should focus on improving your financial situation and not entering into debts you don't know how you are going to pay off.



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May 28, 2024, 12:51:07 PM
 #51


Some people even go so far as to ask me to borrow money for what? to bet!! What a joke. I answer briefly and bluntly that I don't have the money to lend for these purposes!
Its in my principle to never lend anyone even a close friend if he is going to use it for betting, if I am going to lend for this purpose I will just encourage the lender to continue to gamble and if he become addicted to gambling then I'm part of the blame for his addiction.

Quote
And the worst thing is that they ask me for small amounts, like $2, 5, 10$... I think that if the person doesn't have that money now, the chances of them getting that money to pay you are low. If the person is in need, it's easier for them to confess right away to see what I can do, because I'm not a bad person.
Even if its a small amount we should not lend or support these people from taking a loan if they are going to use it for gambling, if he really in dire need of money and its not for gambling if I have an excess money I will agree to lend them without expecting them to return.

Quote
Do you usually lend money to relatives, friends, etc.? Have you ever felt bad about it, done it unwillingly?
If I have an excess money then why not these are relatives and friends where I share good and bad times so its ok to lend them as long as its not for betting and there's a probability that they are going to pay me back.

Quote
And when they are female friends, do you lend them?
I treat all my friends the same whether they are male or female I have the same treatment to them.

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May 28, 2024, 12:55:28 PM
 #52

when you borrow minimal amounts, I can understand this form of small loans... no worries at all...
but we are literally talking about "a coffee" a beer" nothing more.

bigger amounts are absolutely wrong.
because anyone should never bet money that they don't have.
this leads to great economic problems and it's pretty different from "gambling for fun".

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May 28, 2024, 01:14:32 PM
 #53

when you borrow minimal amounts, I can understand this form of small loans... no worries at all...
but we are literally talking about "a coffee" a beer" nothing more.

bigger amounts are absolutely wrong.
because anyone should never bet money that they don't have.
this leads to great economic problems and it's pretty different from "gambling for fun".

Also there's a big possibility that it will leads a person to a bigger problem once the money that they borrowed ended up being used up because of losing in their bets. If a person really wants to satisfy their wants, they must be responsible enough to sustain what they really want using their own pockets and not by borrowing to others. It's not just you who is affected once you lose the money you owed, what about the one you borrowed, right? you were trusted because you promised to pay but for sure, you can't pay because the money you owed is gone.



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May 28, 2024, 01:22:09 PM
 #54


Do you usually lend money to relatives, friends, etc.? Have you ever felt bad about it, done it unwillingly?
Why do you have to feel bad, isn't it normal for us to refuse, let alone lending money to gamble, I will never lend money to my friend or relative just because he wants to gamble, he doesn't have money, I will say that I don't have money, Just answer honestly as you are or lie for the right thing, sometimes that doesn't matter either because we can also save them from gambling addiction, usually people who gamble borrow money because they are addicted to gambling and have lost a lot of money.

Even though we want to give it, just give it, don't let them borrow, just give them less money than what they lent, let's assume we give it and just say there is only that much money, so they probably won't ask for more than we give because of course we refuse it in a way. which is more polite without having to hurt their feelings, but for me I don't care about their feelings. I also don't want my friends or relatives to continue to be addicted to gambling and borrowing money from other people. It's best to stop it starting from ourselves so that they start trying to stop gambling. because saying no helps them reduce their addiction, believe me, don't ever feel bad, it's just your feeling.

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May 28, 2024, 01:40:46 PM
 #55

It is even wrong to borrow money to invest in bitcoin, let alone borrowing money to gamble. If someone borrows money to gamble, then the person really needs help and not even money, i would never give out such a loan. Don't get me wrong, there is nothing wrong in gambling, but you have to gamble with your own money and if you don't have it, you should focus on improving your financial situation and not entering into debts you don't know how you are going to pay off.

What you say is correct, borrowing money will of course only make us experience worse conditions, especially if we don't have a certain income in life then it's best not to borrow money, what you have to do is improve your financial situation for the better, and when you have enough money It's getting better, of course we can gamble with our own money, but don't do it too much, just because we have income doesn't mean we can gamble as we please by spending a lot of money gambling, of course that's not true. Don't gamble using other people's money, because even if you use your own money, there is a risk of losing, especially if you use other people's money to gamble, it will only make the situation worse.

and maybe those who borrow money to gamble hope that their gambling can result in winnings that can help their financial problems and cover all their shortcomings, but unfortunately thoughts like that only lead them to ruin their lives, borrowing money to gamble is not recommended because it not only It will only make them lose money, but they will experience other bad effects, what's more, they are unlikely to be able to stop gambling, because with those who have borrowed money to gamble, I think they have become addicted to gambling and it will be difficult to get out of that addiction.

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May 28, 2024, 01:52:36 PM
 #56

Russians have a saying: “Let friendship remain friendship, but we will keep money separately.” And also a very sharp saying: “If you lend money to a friend, then you will take it from your enemy.” I think the meaning of these two expressions is quite clear. But a question for the OP: if you never gave money, where do people come to you with requests? A kind person sometimes seems very simple to others, so much so that they know that you will not be persecuted due to a non-return of money. Therefore, yes, it is necessary to always be able to say the word “no” at the right moment. Sometimes,  by doing this, you can save someone’s soul.

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May 28, 2024, 02:16:37 PM
 #57

Not-so-close "friends" are not worthy of being given a loan, even a small amount, especially if it was a large amount. Because basically we have to know why they are so brave to lend money to "friends" who are not so close, don't they have close friends or even their own family?

Regarding the purpose of the loan, it is actually none of our business, it depends on whether we want to give the loan or not. And our business as lenders is only to ensure the deadline for payment to us. Personally, sometimes i give loans to friends who are not very close with the intention of not expecting it to be returned, because i know that it is very likely the money they borrow will not be returned.

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May 28, 2024, 02:17:10 PM
 #58

People keep asking me to borrow money, some of them for betting
You have full rights to your money, the decision to give or not is entirely in your hands, regardless of whether the money is used for online gambling purposes or other things. However, if you are a borrower of money to other people, Of course you already know the sequence and risks that occur, of course you have the benefit of that before the money is disbursed to the borrower.

Different from close or distant friends, as long as the reason is not for gambling, maybe you can consider it, so if the money is used for online gambling, maybe you have the right to refuse or give it, Of course you have to have a strong agreement, if the money you borrow is used up in gambling, you can take something of value to sell, if your friend doesn't return the money.

But for me it's different, If there are a friend who borrows from me, of course I don't want to borrow it, but I give it to you, so I don't have to worry if I use the money to gamble and lose or don't pay it back.
For example:
My friend wants to borrow $100, of course I don't want to borrow it, but I just give him $10 for free without having to pay, if he says he wants to pay, but I don't really care, I gave it sincerely, because I know the money will definitely run out and never come back again, that way I don't need to curse and regret it if the money is not returned again, it's clear the money is gone.

R


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May 28, 2024, 02:24:17 PM
 #59

It's crazy how people think you're rich just because you've made some money with crypto. I'm genuinely happy for my friends when they succeed, but some take advantage and start asking for loans, especially for gambling. I've realized that lending money to friends usually ends badly. Being their "bank" seems like a good idea at first, but it's just not worth the hassle. I'm not against helping a friend in need, but when it comes to gambling, I have to refuse. If someone can't even afford $10, gambling is probably a bad idea. And lending money to female friends? That's a different issue altogether! Sometimes you have to say no, even if it's awkward. Ultimately, you need to look out for yourself.

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May 28, 2024, 02:24:55 PM
 #60

-snip-

Do you usually lend money to relatives, friends, etc.? Have you ever felt bad about it, done it unwillingly?

And when they are female friends, do you lend them?


If they are not very close to me, I don't want to give them a loan, even for people closest to me, for example like relatives or friends, I will be selective in giving them a loan. Because I have had the experience of having lent money to them several times, but when I asked for my money back, I experienced difficulties and even had to argue first. And also, when I experienced difficulties, none of the people I lent to helped me back, even when they already had jobs and income. So from this experience, now I am very selective in giving other people loans, because I don't want to be disappointed by them again.

R


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