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Author Topic: People keep asking me to borrow money, some of them for betting  (Read 1275 times)
Zigabel
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June 01, 2024, 01:48:55 PM
 #181

Lending money to any one is a matter of choice, gender shouldn't be a determining factor who should be lend or no provided the person has got the ability to pay back when required of them but the problem has always been in the fact that some persons really do find it difficult paying up a loan they had taken in the times of needs and that will make the lender not wanting to lend money to the borrower in the case of next time and that's why its good sometimes to give out loans on collateral so that you get to be able to make sure you are not going to lose all of your money in the days where the borrower is unable to make payments.

Lending funds to gamblers is actually a very risky thing to do because the chances that they are going to pay back is very much dependent on them been able to win which highly luck based so if they fail to win their game it turns out it will take much longer than expected for them to be able to payback that which they did borrowed for the purpose of gambling of which i most case they end up not been able to pay because some don't even get to win even after a long wait for them to see if they will be able to eventually win or get the money elsewhere to pay back, so if you want to lend a gambler some funds, make sure they are working so they will be able to pay back from their pay at work should incase they loose the money to the casino.

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June 01, 2024, 01:52:13 PM
 #182

I would never lend money to someone for the purpose of gambling.I know the principles of gambling responsibly even if I'm not a gambler,a gambler ought to gamble with his money and not with borrowed money.Borrowed money for the seek of gambling won't be used responsibly, that's what they didn't work for, if it was from their hard earned income they will gamble on what they can afford to lose.

Sometimes your close friend or relative may ask you for a loan and not tell you the purpose of why he needs a loan or maybe he speaks false that he needs a loan for a non-gambling cause. This is particularly true if they know that you are an anti-gambler person, so to get a loan from you, they will make non-gambling-related excuses.

But if I know that it’s all for gambling purposes, then I won’t risk my money for that knowing they’ll only lose it all and would hardly return my money back.

Don't you think that it is the headache of the person who took the loan to return the loan. He plays gamble, loses or wins, this has nothing to do with the loan money to be returned. There is no such agreement that if he loses in gambling, he will not return the money. He has to return it in any case.
Also this is no excuse that he loses money so he can't pay it back, this is against the moral values and i think it is better not to make friends with those who have this mentality.

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June 01, 2024, 01:55:29 PM
 #183

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 why, one of the signs of people who haven't contacted each other for a long time and then contact each other with sweet words first and very gentle pleasantries, then that will end up borrowing money. Often it's like that, it's like that's the format. That's why, sometimes we have to be more strict with ourselves, so we can sort out which people really need it and which people don't. Because, once we lend them money, they will do it again and again for various reasons. And what's worse, rarely do they have the intention to pay off debts. This is a personal experience. Hopefully that only happens to me.

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!
This is a great joke, but unfortunately, this happens often. If they do that, don't expect them to return the money. Because we really understand the risks of people like that, usually they are already addicted to gambling, so they want money from wherever they are. And it's just that, when they win, they will use that money to gamble again and again. As long as we just keep quiet, it's rare for them to realize and return the loan to us. That's why it's better to refuse him politely, and if you really know it's for gambling, try to talk a little and tell him what he's doing. but this will indeed be very difficult. Just like advising someone who is in love, advising someone who is addicted to gambling is just as difficult.

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June 01, 2024, 02:11:20 PM
 #184

Lending funds to gamblers is actually a very risky thing to do because the chances that they are going to pay back is very much dependent on them been able to win which highly luck based so if they fail to win their game it turns out it will take much longer than expected for them to be able to payback that which they did borrowed for the purpose of gambling of which i most case they end up not been able to pay because some don't even get to win even after a long wait for them to see if they will be able to eventually win or get the money elsewhere to pay back, so if you want to lend a gambler some funds, make sure they are working so they will be able to pay back from their pay at work should incase they loose the money to the casino.
Actually, there is no need to give loans to those who use borrowed money to gamble. In my opinion, those who want to gamble with borrowed money usually fall into the category of gambling addiction. Every person who is addicted to gambling will usually look for ways to finance their gambling even if they have to borrow money from other people. or friends, that's why I never lend money to my friends, let alone use it for gambling, I'm sure he won't pay it because the money will definitely run out and he will go bankrupt.

Normal gamblers will not borrow money from other people, let alone friends, to gamble, usually they will work to earn their own money to finance their gambling, but if someone dares to borrow money to gamble, they are definitely addicted to gambling and are unemployed, let alone working to earn money. money, I think it's impossible for someone to work and then borrow money to gamble, they must be unemployed so they do that because they don't work and don't have money anymore so they borrow money, it's an easy thing to guess if someone is addicted to gambling or not, The point is, never lend money to gambling addicts.

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June 01, 2024, 03:44:35 PM
 #185

Lending money to any one is a matter of choice, gender shouldn't be a determining factor who should be lend or no provided the person has got the ability to pay back when required of them but the problem has always been in the fact that some persons really do find it difficult paying up a loan they had taken in the times of needs and that will make the lender not wanting to lend money to the borrower in the case of next time and that's why its good sometimes to give out loans on collateral so that you get to be able to make sure you are not going to lose all of your money in the days where the borrower is unable to make payments.

Lending funds to gamblers is actually a very risky thing to do because the chances that they are going to pay back is very much dependent on them been able to win which highly luck based so if they fail to win their game it turns out it will take much longer than expected for them to be able to payback that which they did borrowed for the purpose of gambling of which i most case they end up not been able to pay because some don't even get to win even after a long wait for them to see if they will be able to eventually win or get the money elsewhere to pay back, so if you want to lend a gambler some funds, make sure they are working so they will be able to pay back from their pay at work should incase they loose the money to the casino.
Lending to gamblers? Crazy, huh? But life isn't always black and white. If your friend has a steady job and doesn't gamble every weekend, it may not be a disaster. Set boundaries, guy. Imagine teaching a wild animal. Be strong and set rules. "You can borrow X amount for your gambling, but that's it." No exclusions, no bailouts. This allows their hobby and forces them to face their boundaries

It's risky, but sometimes the largest rewards come from it. Personal progress, financial responsibility. They may even learn to manage their urges and benefit. Lending to a gambler can be profitable if done appropriately. Remember, tough love is not charity. That, my friends, is worth more than a prize

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June 01, 2024, 04:27:14 PM
 #186

It is obvious that most of us know the rules and consequences of gambling we wouldn't try to lend money out to someone who wants to use it for gambling. What annoys me the most is that some people come to borrow money thereby hiding the purpose of taking the loan. Yeah, in most cases it's not compulsory to share the purpose of the loan to anyone but you can identify which sector whether health, education etc. I still think it does not make sense for anyone to borrow loan for gambling purposes, the loan should be denied because there are probabilities that the loan may not be repaid back.

The word borrow pissed me off mostly when it has to do with the term gambling, there is no doubt as you said are facts, it's better you dash a friend money for another thing like health, or settlement of some family issue if the friend is a closed one that need help than given it to gambler with the term borrow, there are certain things one don't need to involve on and borrowing a gambler is one of them mostly a closed friend it can breached the relationship as the possibility to pay back is not there the risk involved in gambling is beyond 90 percentage to take such risk it shows unwise, one should be able to pulse when he have no money , you should advice only it's better for the friend to have small Fran face for not borrowing than borrowed him and refusal to pay back will course damage of relationship.

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June 02, 2024, 01:46:51 AM
 #187


This is quite upsetting indeed, especially when a person we have never interacted with for a long time then comes to see us and asks us for a loan, even though our relationship was not that close before but with the circumstances a bad person will come on purpose with no shame, I think why didn't he just borrow from the bank, it was much easier for him to ask for a loan, do you often give loans to others who you may not have a close relationship with before, and you know that he is a bad gambler?

It does sound very annoying when someone who has not interacted with us for a long time then comes to see us just to borrow money, it is really annoying and I feel like getting angry at him but maybe we can only keep quiet and think about how to politely refuse so as not to cause an argument.
In our environment, we must have heard or even experienced it because I think it is common in society, but what is certain is that we should not just believe in lending money to other people, it is better not to do it in order to avoid problems such as arguments.

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June 02, 2024, 02:43:30 AM
 #188

Yes, I've felt that way if my relatives or friends wanted to borrow money from me when they really needed it. I think this depends on the situation. If they borrow to gamble, it's clear that I will refuse, it doesn't mean I don't have money. But gamble with money borrowing is a wrong act and what is on my mind is what if he loses and can't return my money? Of course, it's my own loss because I lent it for gambling, but if the situation was different, they needed it for daily living expenses or to treat their sick child, of course I would help them by lending them money.

Sometimes feeling uncomfortable makes us feel confused about taking steps. People sometimes like to borrow money because it has become their habit and if they feel they have been lent once they will repeatedly borrow money because they know we will feel bad if we refuse to lend them money. What is feared by most people who have a good heart is that sometimes they can be exploited by the people around them to feel that we have everything even though we ourselves need to work hard to earn every bit of money we collect.

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June 02, 2024, 03:15:32 AM
 #189

It is obvious that most of us know the rules and consequences of gambling we wouldn't try to lend money out to someone who wants to use it for gambling. What annoys me the most is that some people come to borrow money thereby hiding the purpose of taking the loan. Yeah, in most cases it's not compulsory to share the purpose of the loan to anyone but you can identify which sector whether health, education etc. I still think it does not make sense for anyone to borrow loan for gambling purposes, the loan should be denied because there are probabilities that the loan may not be repaid back.

The word borrow pissed me off mostly when it has to do with the term gambling, there is no doubt as you said are facts, it's better you dash a friend money for another thing like health, or settlement of some family issue if the friend is a closed one that need help than given it to gambler with the term borrow, there are certain things one don't need to involve on and borrowing a gambler is one of them mostly a closed friend it can breached the relationship as the possibility to pay back is not there the risk involved in gambling is beyond 90 percentage to take such risk it shows unwise, one should be able to pulse when he have no money , you should advice only it's better for the friend to have small Fran face for not borrowing than borrowed him and refusal to pay back will course damage of relationship.
Again, borrowing or lending money to a gambler for gambling purpose is same thing as you gambling by yourself because the chances of the gambler paying back is equally 50/50, since the refund is absolutely dependent on the outcome of the bet, and we know that winning a bet isn't something that someone just decides to do and it goes as planned since gambling can also be very unpredictable.

It's really not advisable to lend a gambler money, especially when you know he wants to use it for gambling, whether closed friend, family or not, just as you've rightly said, except you're sure he's using the money for something a lot more relevant and the lending needs to be contractual if you ask me, there should be a collateral involved in the transaction, just incase the fellow decides to breech the contract.

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June 02, 2024, 03:37:49 AM
 #190

~
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?
Luckily, my relatives aren't borrowing money from me for unknown reasons (maybe they don't need to Cheesy), and if there's somebody in the future that will borrow money from me, my decision will depend on the amount, and our current state because what if we have the money, but we need it to buy important things. So far, all of the people that borrowed money from me have paid already, but all of them aren't my relatives, but my friends.

Female friends? I don't know why you see your male and female friends differently. I mean whether it's a male or female, your decision should be the same, right? Now with regards to your experience with your friends, it's good that you are asking them as to why they're borrowing. I guess it would be better to give them just small amount at first and look if they have the capability to pay that loan or not.

Anyway, I'm not gambling that much, but borrowing money for the sake of gambling is already a no-no for me, and I think if there's somebody around me that will borrow money just for him/her to use for gambling, I might refuse and will not let him/her borrow money from me. Cheesy

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June 02, 2024, 03:43:01 AM
 #191

They mostly lied when asking for money then use the money in gambling because they would not tell you that they are borrowing the money to gamble. They will tell you that the money is going to be use for something important or an emergency then they are just going to gamble the money away and come back to you for help again. Gambling addicts do not learn from their mistakes but continue making the same mistakes every time and keep being in debt. When you borrow people money, do well to know why they need the money and if you know someone to be suffering from gambling addiction, do not borrow them the money because they are going to use it for gambling and continue to be a victim of gambling addiction. If they do not see any money, they will not have what to use in gambling and it can be helpful.
They hide the fact that the borrowed money they are requesting is for gambling because they know that the chances of having the request rejected are high, which ends up making the situation even worse, as the truth always comes out when it's time to collect the debt or the one who borrowed does not pay the debt and postpones the debt.
Sometimes people who borrow money must be honest, that is, if it is to play in a Casino then they Must say so , because if so it means that that person must be responsible and have the ability to pay, because if they deceive the lender and if the lender gives them the loan then they still have to be paid, if the person ends up paying poorly, whatever the reason, then other Repercussions come , whether to their reputation and things like that, in the very common case in Colombia there is a model Called drop by drop, and it has to be paid every day , and if Someone defaults it's simple , some thugs go to beat them up and if they are late for many Days they end up Killing the person, that's how it is there.

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June 02, 2024, 06:07:48 AM
 #192

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?
Lol tell me about it. Partly the reason why I don't even go out posting shit anymore on social media, people think it's a pass to borrow money when they see me having lavish shit and when I decline, it's like I'm the one who owes them shit with the way they talk me into it lol.

I have a few friends that are really down in their lucks who I've lent money and was able to pay it off with no problem, that's usually the ones I have the most trust with since if you're already living in such conditions and you still made sure that your loans are paid on time and without compromise, that says a lot about how you value our friendship and how you see yourself as a person as well. I have a few former friends cut me off just cause they can't pay the loans I gave them, doesn't matter, cause the way I see it, that's the price I had to pay to keep people like them out my life, and that's a big-ass bargain if you ask me.

Ultimately, I have friends like you who asked for loans so they can support their gambling indulgences, to those people I give out deadlines to pressure them into paying me on time, better yet I decline on those I know are already so far gone that paying the loans they are about to get from me's even more impossible than them quitting gambling.

It's all just a matter of choosing who to really bank on or not. And perhaps it's much better if you stop posting shit like me so people don't go out there thinking you have money trees in your house where you pick a fresh stack of paper.

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June 02, 2024, 06:15:24 AM
 #193

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 have this technique where when this happens to me and someone's asking to borrow some cash from me and they're not my friends or mother and father, I usually just go and make up some stupid stuff that would make them reconsider borrowing money from me, that technique is where I give them a boastful remark about how expensive the recent expenses that I have, I always make sure that it's at least believable but that I'm also making sure that I look arrogant in the situation, 10 times out of 10, it will always be the same thing for them, they don't get any money from me and they will stay away from me the next time that they do this stunt to me again.
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June 02, 2024, 06:52:34 AM
 #194

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?
This is the real world and we should be ready to know our stands when it comes to dealing with humans, they can't be unpredictable most times but always learn to tolerate certain things from them. But when it comes to money aspect, I don't jeopardize my chances because we're talking about values. Why lend money to people when I know deeply that some of them wouldn't bother paying back? I'm not biased but I'll never afford to compromise my position to please anyone, be it my relatives and friends.

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June 02, 2024, 07:26:35 AM
 #195

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 have this technique where when this happens to me and someone's asking to borrow some cash from me and they're not my friends or mother and father, I usually just go and make up some stupid stuff that would make them reconsider borrowing money from me, that technique is where I give them a boastful remark about how expensive the recent expenses that I have, I always make sure that it's at least believable but that I'm also making sure that I look arrogant in the situation, 10 times out of 10, it will always be the same thing for them, they don't get any money from me and they will stay away from me the next time that they do this stunt to me again.
Lying to those who wants to borrow you money will be okay as you don't wants to lend your money to them but you don't saying clearly. I also do that and usually, I will say to them that my mother needs that money and I will gives that money to my mother. At least, they believes what I am saying because they know my condition and will not trying to force me to gives that money. I will not gives that money if they will use it for playing gambling because I caught up my friend who borrow money from me but he used that money to gambling. He was lost at that time and said that he can't repay the money so I tells him that you must gives my back immediately. Otherwise, I will tells to his family and asks them to repay the money. Well, he is afraid with what I said and gives that money two days later.

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bakasabo
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June 02, 2024, 08:04:28 AM
 #196

Nobody here looked on the situations this way: when people ask to borrow money, he asks for help. Most of people see this like this: I am not lending money, because I dont want to be that persons sponsor. Only few consider lending as help. Why do you think that we should not help others? Not necessary to help each and everyone. Each case must be considered separately. Even lending money for gambling might be considered as something good. Lets suppose a person has lost money and now has a debt. He can start living normally, when he had to think all the time about gambling debt. Why not lend such guy money, let him repay debt (it is common for gambling debtors to pay an extra % for their debt, that is increasing all the time) and focus on the work to earn and repay you.

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hyudien
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June 02, 2024, 08:30:18 AM
 #197

Lying to those who wants to borrow you money will be okay as you don't wants to lend your money to them but you don't saying clearly. I also do that and usually, I will say to them that my mother needs that money and I will gives that money to my mother. At least, they believes what I am saying because they know my condition and will not trying to force me to gives that money. I will not gives that money if they will use it for playing gambling because I caught up my friend who borrow money from me but he used that money to gambling. He was lost at that time and said that he can't repay the money so I tells him that you must gives my back immediately. Otherwise, I will tells to his family and asks them to repay the money. Well, he is afraid with what I said and gives that money two days later.
This is normal because even though we have money, if we lend money to those who want to gamble, it is unlikely that they will pay and repay it, I am not sure that they will be able to pay and pay off the loan debt that has been made, because I have experienced this several times. lending money to gamblers and having a hard time getting the money back. and in the future maybe I will refrain from lending money to those who like to gamble for whatever reason because they can lie with other reasons but in reality the purpose of lending money is to gamble. It's not wrong if we lie by saying we don't have money to those who borrow money to gamble because in my opinion lending money to gamblers is the wrong action because it is very unlikely that we can get our money back.
what you do can make your friends pay and of course not everyone is like that, there are people who have borrowed money but even though we have defended ourselves, whether it's threats, they don't care at all, that's what's annoying. but threatening him in the way you did, in my opinion, is not a mistake, because we should be able to take our money back no matter what.

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Unity for Humanity
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June 02, 2024, 07:34:23 PM
 #198

If someone ask me for money and I can verify it is for gambling, I will humbly refuse because I know I will not be helping such fellow. Imagine the trauma of borrowing money and losing it all to gambling only to be in debt, that is compounded pain for him so I will not want to share in the blame. It is nearly impossible to win gamble with borrowed funds because the moment you realise the money is not yours, your psychology is already messed up. The best approach is always to gamble with personal money and such amount that one can afford to lose. Even gambling company advise their customers to gamble responsibly.
You have made an acceptable and very important point because it should never be done after borrowing money from others and then deciding to gamble with that money. I just thought of gambling but I don't have money, so I borrowed money from someone else, but if I do all this without thinking about whether I can repay the money after borrowing, then it can be said that these people do not have the ability to make the right decision. Every gambler should refrain from all these acts even if it is for their own good.
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June 02, 2024, 08:30:00 PM
 #199


This is quite upsetting indeed, especially when a person we have never interacted with for a long time then comes to see us and asks us for a loan, even though our relationship was not that close before but with the circumstances a bad person will come on purpose with no shame, I think why didn't he just borrow from the bank, it was much easier for him to ask for a loan, do you often give loans to others who you may not have a close relationship with before, and you know that he is a bad gambler?

It does sound very annoying when someone who has not interacted with us for a long time then comes to see us just to borrow money, it is really annoying and I feel like getting angry at him but maybe we can only keep quiet and think about how to politely refuse so as not to cause an argument.
In our environment, we must have heard or even experienced it because I think it is common in society, but what is certain is that we should not just believe in lending money to other people, it is better not to do it in order to avoid problems such as arguments.
Yes we also need to look at his background, working or not, where he lives and provide collateral then how his activities are whether the person has a history of being in debt or not, if there are things that make us doubt we should avoid it because it will make us like beggars in the future, charging and charging without payment, but of course there are not no people who like to gamble but he always pays money on time after borrowing even though we did not communicate well before just a casual introduction, but it is very rare for people who are responsible for their debts for today.

......If they borrow to gamble, it's clear that I will refuse, it doesn't mean I don't have money.....Snip
You are just like me, when someone borrows money for gambling, I will immediately refuse because it is not a good thing for him or for me who lends the money, or simply I know that the person likes to gamble, when asking for a loan I don't give it, we only need to refuse subtly without having to mention his gambling activities, but if the person proves to be trustworthy, even though he is a gambler and says that he will use his money for gambling, I will definitely lend him money.

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June 02, 2024, 08:41:43 PM
 #200


This is quite upsetting indeed, especially when a person we have never interacted with for a long time then comes to see us and asks us for a loan, even though our relationship was not that close before but with the circumstances a bad person will come on purpose with no shame, I think why didn't he just borrow from the bank, it was much easier for him to ask for a loan, do you often give loans to others who you may not have a close relationship with before, and you know that he is a bad gambler?

It does sound very annoying when someone who has not interacted with us for a long time then comes to see us just to borrow money, it is really annoying and I feel like getting angry at him but maybe we can only keep quiet and think about how to politely refuse so as not to cause an argument.
In our environment, we must have heard or even experienced it because I think it is common in society, but what is certain is that we should not just believe in lending money to other people, it is better not to do it in order to avoid problems such as arguments.
What I normally do if I come in contact with some of my friends is that I completely divert or if possible ignore the whole conversation because if it continues it can lead to you entangling yourself and aslo even making wrong decision just because you don't want to answer a bad name but sometimes answering the bad name just not to get all inconvenient with the person is probably the best way to go about you now borrowing the money from you.

If you ever want to lend someone your money that you are not familiar with then you should be probably know what he or she is into so that you don't go wasting your money by giving it to the fellow because everyone has their use if money and Gambling is the worse of all, borrowing money to a gambler is just like dashing out your money for free.

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