People keep asking me to borrow money, some of them for betting

[Spaceman1000$]

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?

Yes I've lend money to relatives and friends on different occasions. But asking me Money for you to use and bet sounds weird to me, as I see betting as something you should keep to yourself as it's your personal business. If you've been lending money to friends and relatives and it becomes habitual for them to constantly ask you for it, then you need to re-trace your step and point straight to them that you're not a loan office where they will be coming every now and then asking for money, in our local parlance they said that "the mouth somebody uses to borrow money is always different from the mouth he will use to pay back". because paying back money for some persons always becomes difficult, so instead of telling them outrightly that you don't have the money to borrow them, just give them a percentage of the money they are asking for that you know you can do away with if they don't payback. Ordinarily i like helping people in need, as that has been part of me, but when is at my own expense, i will have to put a stop to it.

[Wakate]

Hey, what a coincidence
Just yesterday I read an interesting article where the head of a company mentioned the increase in the number of salary advances and found out that it was for the employees to gamble  
He even shared a video

Here's the link of the article, but it's in Portuguese, I didn't find any article in English because it happened in Brazil: LINK HERE

In as much as we can't stop people from borrowing money or gambling the best thing we  can do is to leave them alone. We'll have our own choices  to make and whatever result we get should be okay for us. Gambling for more is the major reasons why we shall keep seeing more people gambling.

We can not stop so all we have to do is to embrace it and try to caution people about the risk of gambling too much. Everyone wants to make extra money in gambling and we have to be prepared for it taking the right risk and using affordable fund we are ready to lose with complains if we finally lost the fund.

[Oilacris]

When you are lending out money to friends, it is not necessarily a loan but more of a gift. So keep that in mind if you ever wish to become a loan shark. If yes, you need to stop gifting others and be strict when it comes to your money.

Most gamblers have the habit of acquiring money in order to gamble on it. Just like a drug or alcohol addict who will attempt to do the same to fund their addiction. Unless you follow up your strict "No" they will continue to nibble at you.

Gender does not matter, an addict in a addict, the first step to stopping them is denying them the money.

However, you have to keep yourself mentally stable, lending your money to friends is a high risk thing, especially if your friend is a gambling addict, the percentage of your money being returned is only around 1%, just stay away from people like this, don't dig your grave because you feel bad about your friendship with them, stay away and live in peace.

Tons of relationships that has been destroyed by gambling or specially into those moments on which someone hasnt been able to paid up some loan whether those amounts been used on gambling or not. When it comes to money then it cant really be that be shocking that those people who are really that tending to make some borrowing then they are the ones who do really that not be able to pay up those borrowed amounts specially at the moment or condition that you are already addicted with gambling then you cant really think up other things.

This is why at the moment your friend is really that tending to ask some money and you do know that he's really that involved into gambling then it would really be better that you should really be
that refusing on that kind of request. We do know that once that money is really that in main talks then people do really changed up instantly.

[Slow death]

I get sad when I see people complaining that they don't like giving loans to friends or acquaintances in the real world because these people take the loan to get involved in gambling, because I get sad with this type of behavior from the person who has the money and complaining that you can't lend it? The answer is very simple: I'm sad because these people who are borrowing money, they are borrowing the money so they can later pay it back, that's why the person who has the money to lend shouldn't be judging or criticizing what other people owe. or not do with the money they borrowed

I think that if a person doesn't like giving loans, then they should be honest and sincere and say that they don't have money to lend. It's better to give a loan and then complain and especially criticize the people who took the loan to play, a good friend is someone who knows how to help without complaining or judging. If your friend is taking out a loan to get involved in gambling, then you need to sit down with him and talk to him in such a way that you can make him understand the danger of taking out a loan for gambling.

[Stable090]

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.

If anyone asks me to borrow them money and I suspect they are going to be using the money for gambling, then I will be rejecting the offer instantly. How will you take a loan to gamble? It doesn’t really make any sense. We all know gambling is all about luck, sometimes you will be sure you are going to win a particular bet, but after placing your bet, things might go wrong. So if you end up losing the money you borrowed from gambling, how are you going to pay back the loan?

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.

The only time I do give out loans to people is when I know the person is requesting a loan from me for an emergency purpose. The problem is that it’s always easy to request a loan, but where there is always a problem is that whenever you want to pay back the loan, most people find it difficult to do so.

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

Sure, I do lend my family members and my friends money, but only when I know that what they really need the money for is really worth it. You can’t come to me to request for money to gamble, I won’t even respond to the person, no matter how close we are.

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

Yes, if I know I will be getting my money back, then it’s normal.

[justdimin]

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.

If you accept lending money to people, then they will realize that you are someone who is willing to give money to others, and they will keep asking for money. And considering you already did this, the only way to do it would be just saying that you have none left, if you say you no longer borrow money then they will think that you have the money but not lending it so they will keep bothering you, but if you keep saying you are in big debt and can't even spare 5 dollars you have none left, then they will stop asking for it.

However, we should realize that in smaller bills, like if they ask for small amounts, just say you do not have any cash with you, it would be quite possible that one may not carry 2-5-10 dollars with them anymore.

[GigaBit]

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?

Yes I've lend money to relatives and friends on different occasions. But asking me Money for you to use and bet sounds weird to me, as I see betting as something you should keep to yourself as it's your personal business. If you've been lending money to friends and relatives and it becomes habitual for them to constantly ask you for it, then you need to re-trace your step and point straight to them that you're not a loan office where they will be coming every now and then asking for money, in our local parlance they said that "the mouth somebody uses to borrow money is always different from the mouth he will use to pay back". because paying back money for some persons always becomes difficult, so instead of telling them outrightly that you don't have the money to borrow them, just give them a percentage of the money they are asking for that you know you can do away with if they don't payback. Ordinarily i like helping people in need, as that has been part of me, but when is at my own expense, i will have to put a stop to it.

If you have money, there is no problem in lending. Moreover, many people also try to help others by lending money. But there are some people who are not interested in paying back the borrowed money. They break the promises they made while borrowing money. At some point, if this continues, a person can no longer show interest in helping others. I like to lend to those who really need it. But be careful when lending money to gamblers because gamblers can't always keep their commitments. I loaned a large amount of money to some gamblers who told me they would pay me back within a week but in about 1 year I got 35 percent of that money. Since then I don't like to lend and it also deteriorates the relationship. But we do our best to help others who are in real needy.

[Majestic-milf]

 Well, what's the point of borrowing you money when I know I won't get it back in time? If it's an amount I can part with, I can give you for the first time but if it becomes a repeated issue, you aren't getting a dime from me. I mean, it's not like you are using it to invest in something worthwhile and neither did you keep any funds with me for safekeeping, so why should I oblige you?
 Most times people tend to test you when it comes to money matters to see how they can soil your name if you don't dance to their tunes but frankly I don't give two shits. If you give too much, you become someone's bank, if you don't, you are regarded as stingy and frugal. At the end of the day you have to do what pleases you since can't please everyone.

[satscraper]

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

Why not?

If my female friends are  pleased with gambling  why  deprive them  of this joy.

One day I had met one of my girl friend in her deepest humiliation after she lost her money in casino. I lend her a bit, she won and was incredibly thankful to me.

I don’t care what they spend money on - gambling  or yet another gewgaw. Money is nothing - the friendship has a value.

[moneystery]

if you feel uncomfortable that they want to borrow money from you just to gamble, then you should be able to avoid them and say that you don't have the money to lend. because it is your right to want to lend money or not, they have no right to protest or object to your decision, it is your money. honestly, lending money to gamblers is the same as donating to them because you will find it difficult to ask for your money back, unless they provide collateral for goods to you, that's not a problem, but you have to make sure that the goods really belong to them and are not stolen goods.

[bluebit25]

(...)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?

I may be willing to lend some money and not think much about what they will do with it, but everything needs to be on a scale, not the type of constantly borrowing money and seeing me as a tool solve their purpose and consider the relationship just to borrow money then it is not a good relationship

Anyway, there are too many situations that we cannot fully evaluate, but a transparent way is to ask the borrowers if they need that money to do something and they can pay it back without feeling guilty pressure.

Even when a girl asks to borrow money, I have many reasons to refuse/accept, so in each context we have different decisions, you do things that you are comfortable with, not the kind where others recognize your satisfaction. Even with a small loan, there is something that needs collateral, and the issue here is based on trust, so it will be very fragile.

[TopTort777]

People who lend money, lets check out how greedy you are When you land money, do you expect the same amount in return of want to get something extra? And if you lend money for gambling, do you expect given amount in return, or percent of a win? In case you lend 100 bucks and a guy wins a million, you expect 100 or more ? Such question appeared because I have remembered the case when couple split after they won in a lottery, but cant share the prize, because guy purchased lottery ticket with chicks money

[hyudien]

It is okay to lend to your relatives it's your relatives are part of your bloodline but if it's from a friend better think twice because there is a saying the easiest way to lose a friend is to lend him or ask him to lend you, if they cannot pay you on time they usually stop communicating and ignore you, give him what you can afford to give so you will retain your friendship.

But of course you have to pay attention to lending to relatives, because if their goal is to borrow money to do things that are not important or even pointless, it's better not to just lend it, because the impact of debts and receivables does not depend on age or status, of course if someone has done it. borrowing money is very vulnerable to problems such as good relationships turning bad, sometimes even when the party lending the money charges, the party borrowing the money is even more rude. and this actually happens in my life, not only with other people, but even with family members, this can happen.
It's true what you said, indeed when they can't pay it on time they can stop communicating and even avoid it as much as possible and so on like that until they forget that they have a debt that must be paid off. Apart from that, just remember that prevention is better than cure, so as much as possible, don't just invite disease.

[Dr.Bitcoin_Strange]

I do lend money to friends and relatives(not regularly tho) , but before I do so, I must make sure to investigate the financial status of that relative to be sure that he or she can be able to repay. I also usually investigate to know if the person is also a credit-worthy person. Some people (both relatives) are not creditworthy, and if you lend money to them, you may not get it back, or even before you get the money back, it might be in a forceful manner that is going to spoil the relationship you had with the person.

I don't give out loans unnecessarily to anyone, considering whether they are my relatives or not. If you don't have a good reputation or a financial source to repay the loan, I will not grant it. It's just like on this forum: before you can stand a chance to get a loan, you must be a reputable member.

I don't offer loan service, so if I squeeze out money from my savings to loan to anyone, the person needs to pay it back, and I can only do such for some that have a very better purpose for the money and not to gamble with it.

[Jody.Drummer]

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.

Yes that's why I said earlier that I prioritize prevention, or better prevention than cure, because after all there are so many gamblers who beg and say they will be responsible when they want to borrow but it turns out that they don't pay on time or even they don't pay at all so we have to let it go, and obviously it can make us disappointed, and it's quite hurtful when we give help and give trust to others but they themselves don't know themselves.

On the other hand I'm not saying that all people are irresponsible, but with the number of cases or incidents that I've seen and experienced that people who have been involved in gambling usually don't have good responsibility in themselves. So obviously like you said that it's better from the beginning we say that we can't lend them money for whatever reason we have, don't let someone put their hopes in you, because when they have managed to borrow from you then one day they will definitely come again.

[junder]

if you feel uncomfortable that they want to borrow money from you just to gamble, then you should be able to avoid them and say that you don't have the money to lend. because it is your right to want to lend money or not, they have no right to protest or object to your decision, it is your money. honestly, lending money to gamblers is the same as donating to them because you will find it difficult to ask for your money back, unless they provide collateral for goods to you, that's not a problem, but you have to make sure that the goods really belong to them and are not stolen goods.

It's true what you said, we can avoid it and we can even say various reasons, because it's really better not to lend them money because it only makes them happy in the short term and of course we won't be able to easily get our money back like you said. Say it's true, because I myself experienced it where I had friends who borrowed money but what was annoying was that even though I had refused to lend for various reasons, how adamant they were in forcing me to borrow money and I thought it was because they had become addicted to gambling. even saying that they would return it in double, the big risky actions they took like that would not benefit them but would only make things more difficult.

That makes sense, if they provide collateral, maybe it can still be considered, but we have to be careful so that the items they provide as collateral are stolen goods, of course that will make things difficult for us in the future. It is very unfortunate if they dare to do something like that because in my opinion it is a formula for destroying life, not improving the situation.

[ethereumhunter]

I don't lend my money anymore to those who wants to playing gambling. The last time I did made me difficult to asks them to repay the borrows money and still tells many reasons why. That's why I don't gives my money to people who wants to continue their gambling activity. I decided not to listen to those who wants to borrow my money and will tell them to search for the other people who wants to do that. I don't wants to gets a problem from them who lends my money because I knows that playing gambling doesn't gives wins easily and they can lose all of their money. Even if that person is female friends, I will not lend her as I knows the risks behind that and I will difficult to asks my money back. I will always tells them to use their own money with limitations if that's just for playing gambling rather than to borrows money from other people.

[Jawhead999]

People who lend money, lets check out how greedy you are When you land money, do you expect the same amount in return of want to get something extra? And if you lend money for gambling, do you expect given amount in return, or percent of a win? In case you lend 100 bucks and a guy wins a million, you expect 100 or more ? Such question appeared because I have remembered the case when couple split after they won in a lottery, but cant share the prize, because guy purchased lottery ticket with chicks money

You make me remember with that thread.

I believe he will demand more than $100, but the winner will be stingy and say all the winnings come from him, not from you. If he won $100K, he might only want to give $200 and say it's already a good amount, I've doubled your money.

The conclusion is, either his friend can or can't pay off his debt, their friendship will be ruined.

[mamesso]

I never worry about where the money is used, when someone comes asking for a certain amount of money in the form of a loan, I will give a loan at the first opportunity and will adjust the nominal amount of the loan to my financial capabilities. I have a principle, a person will show his true colors when dealing with money. If the loan is repaid on time in the few times he has taken out a loan, it means that the person can be trusted. But if instead, he starts to distance himself from me and the loan is difficult to repay, I will limit my relationship with him from a financial perspective and will never trust him the next time. A person's character needs to be tested with money, that's how I judge the level of honesty of friends or relatives.

[dansus021]

People keep asking me to borrow money, some of them for betting for me this is a red flag because they are going to use their money for gamble not for other useful things.
He borrow might he doesn't have money to brt more but the addiction is fueling his body. So don't.

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?
I usually lend money to family or friend but I ask them what they are going to do with the money. Male female I'm gonna lend it if their purpose is good enough for me