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Old 06-15-2004, 02:08 PM   #1
theking
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How many times would you help

...a friend. I have a life long friend...who cannot seem to get his shit together. Over the years I have bailed him out of financial difficulty four previous times. The first time he paid me back...the second time he almost paid me back...the third and fourth times he barely made an effort to pay me back. He is asking me to assist him again...to the extent of $10,000. If I bail him out...I am fully aware that I will receive very little...if any...repayment. I love the guy as we have been friends since childhood...and he really is a nice guy...but does not seem to be a very good manager of money...ie lives above his means.

My first tendency is to give him the money...but I wonder if helping him out...is really helping him out?
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Old 06-15-2004, 02:28 PM   #2
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What if instead of giving him the money you give him a means to earn it himself?
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Old 06-15-2004, 03:07 PM   #3
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What if instead of giving him the money you give him a means to earn it himself?
Well...its a thought...but I have sold all of my holdings...and I just recentlly employed my youngest brother to do work for me around my house...but still a thought.
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Old 06-15-2004, 06:05 PM   #4
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Tell him you'll be there for him but you cant help him out money wise. Thats the ebst way to lose a friend. Give them money.
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Old 06-15-2004, 06:06 PM   #5
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Fuck that....$10k? No no...let him learn his lesson.
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Old 06-15-2004, 06:07 PM   #6
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One of the hardest lessons to learn is if you can't depend on yourself, you can't depend on anyone else.

Financially or otherwise.

Time he learns his lesson

If he takes a hike, then you'll know he was using you.


BG
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Old 06-15-2004, 06:08 PM   #7
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Give him half the money, and tell him thats all you can part with. Force him to come up with the rest himself.
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Old 06-15-2004, 06:09 PM   #8
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He's asking you for money due to him living a lifestyle he can't afford. He has no discipline and will further distance himself from financial responsibility if you bail him out.
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Old 06-15-2004, 08:04 PM   #9
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He's asking you for money due to him living a lifestyle he can't afford. He has no discipline and will further distance himself from financial responsibility if you bail him out.
Well...the fact that each time it is a hole that he dug himself...ie living beyond his means...it is now causing me some hesitancy...but I have already made up my mind that I am going to give him the money...but it will cost him...because I am going to lecture to him...to the extent that he is not going to like it...I am sure.
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Old 06-15-2004, 08:08 PM   #10
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Sounds like you're talking about Mexico.
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Old 06-15-2004, 08:09 PM   #11
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Quote:
Originally posted by theking
Well...the fact that each time it is a hole that he dug himself...ie living beyond his means...it is now causing me some hesitancy...but I have already made up my mind that I am going to give him the money...but it will cost him...because I am going to lecture to him...to the extent that he is not going to like it...I am sure.
Give him some small amount every week so he can buy some food and clothes and nothing more.
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Old 06-15-2004, 08:14 PM   #12
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Sounds like you're talking about Mexico.
Say what?
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Old 06-15-2004, 09:24 PM   #13
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Quote:
Originally posted by The Truth Hurts
Sounds like you're talking about Mexico.

I am lost
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Old 06-15-2004, 09:46 PM   #14
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Quote:
Originally posted by SlickRick
Tell him you'll be there for him but you cant help him out money wise. Thats the ebst way to lose a friend. Give them money.
that's very true.
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Old 06-15-2004, 09:49 PM   #15
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Originally posted by The Truth Hurts
Sounds like you're talking about Mexico.
hehe
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Old 06-15-2004, 10:02 PM   #16
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Maybe you're spoiling him rotten.
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Old 06-15-2004, 10:05 PM   #17
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Need an extra friend?
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