Quote:
Originally Posted by 911Rob
My wife and I have a rule when helping friends; and we've helped alot. Figure out what it's gonna cost and then ask yourself would you give them that money. If yes, then do it and ask for nothing in return. Nothing. If not, then dont do it.
When I tell them my answer, I tell them this above. Its been working for us. Most times its no now though.
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This is very close to what a friend told me several years back. I had hit a rough spot when my marriage was ending and was in a financial pinch. I was telling my friend about it all and causally - and quite ashamedly - asked if he could possibly "loan" me some funds.
He said, "No. I can't loan you anything; I can and will give you the money." I argued that I insisted I meant a loan but he'd hear none of it. He told me, "If you can't afford to Give someone something never Loan them anything."
Some of the best advice I ever got. And we are still very good friends today. He has refused my repayment every time I have offered it. And he knows if he ever needs anything.....