BDJUF's lesson of the day: Never financially help out your friends - GoFuckYourself.com

09-25-2006, 08:23 PM

One friend wanted to buy an expensive cellphone off ebay, but didnt have a paypal accout. He told me to pay with paypal and that he will give me cash by the end of the week. 8 Months have now passed, and every time he tells me that he has new expenses to take care of and I am next on his list.

Another friend I do business with, help him out for a few Gz but now that biz is slow, hes having a hard time paying me back.

Both are good people, both are good friends, but its me who ends up suffering in the end while they got a no interest loan until they are ready to pay.

DON'T FINANCIALLY HELP OUT FRIENDS

xlogger · 09-25-2006, 08:24 PM

Yeah, i agree!

$ and friends, dont mix that shit.

Spunky · 09-25-2006, 08:24 PM

Friends and money don't mix..

JOHNNY_BUTTHOLES · 09-25-2006, 08:24 PM

those aren't friends

Digipimp · 09-25-2006, 08:25 PM

thats a easy one. if they're really good friends give them the money dont loan it to them. if you ever loan money to a friend it always ends up fucked up. so only give money to those you really consider such good friends that you would just give it to them not loan it.

Sosa · 09-25-2006, 08:25 PM

pretty common sense

cess · 09-25-2006, 08:27 PM

Quote:

Originally Posted by Digipimp

thats a easy one. if they're really good friends give them the money dont loan it to them.

GTS Mark · 09-25-2006, 08:30 PM

Quote:

Originally Posted by Digipimp

thats a easy one. if they're really good friends give them the money dont loan it to them. if you ever loan money to a friend it always ends up fucked up. so only give money to those you really consider such good friends that you would just give it to them not loan it.

Yep Digipimp nailed that one

DH

wdforty · 09-25-2006, 08:32 PM

I learned this the hard way too

d00t · 09-25-2006, 08:38 PM

the day after i help out a friend you post this..................

lol

Doctor Dre · 09-25-2006, 08:49 PM

Everytime I loan money to someone I tell them to give it back whenever they want and that I won't stalk them or ask them back for it.

80 % of the time I end up not getting it back.

woj · 09-25-2006, 09:11 PM

Quote:

Originally Posted by Digipimp

thats a easy one. if they're really good friends give them the money dont loan it to them. if you ever loan money to a friend it always ends up fucked up. so only give money to those you really consider such good friends that you would just give it to them not loan it.

great advice

emthree · 09-25-2006, 09:26 PM

Yep, that's how it usually works out.
Sometimes giving a little help doesnt hurt. Choose wisely though.

RayVega · 09-25-2006, 09:29 PM

Quote:

Originally Posted by bdjuf

One friend wanted to buy an expensive cellphone off ebay, but didnt have a paypal accout. He told me to pay with paypal and that he will give me cash by the end of the week. 8 Months have now passed, and every time he tells me that he has new expenses to take care of and I am next on his list.

Another friend I do business with, help him out for a few Gz but now that biz is slow, hes having a hard time paying me back.

Both are good people, both are good friends, but its me who ends up suffering in the end while they got a no interest loan until they are ready to pay.

DON'T FINANCIALLY HELP OUT FRIENDS

For god sakes, $$$ and friends/family do not mix...trust me. it's hard sometimes, But i'll never so much as make a job recommendation for friends/family anymore. It's just not worth it.

madawgz · 09-25-2006, 09:45 PM

bro, you can always trust me

i have never fucked you over and i think i helped start you in this world

gecko · 09-25-2006, 10:26 PM

lending to friends is like giving money.. I feel your pain

Sly · 09-25-2006, 10:31 PM

Loaning is like gambling. Never put up money you can't afford to lose.

And don't break up the relationship over it. A lot of people say "oh if he doesn't pay you back he's not really your friend." Nah, not really. In general people just aren't good with finances, thats why they need a loan. Just write it off as an expensive lesson learned, and don't be a prick about it either.

Next time if you really feel inclined to loan some money, take collateral. If they refuse to put up collateral, they don't want the money bad enough.

Solid Bob · 09-25-2006, 10:31 PM

I always ALWAYS get my money back from friends. I don't know why everyone has a damn problem, quit being so nice. I have loaned money to dozens of people and don't pester for it back unless I need it. It might be 1 month later or 12 months later but when I decide to collect they are going to pay. I don't care if we have to go pawn every "toy" they own I get my money and they can borrow again some other time with no hard feelings.

DaddyHalbucks · 09-25-2006, 10:35 PM

If I were to loan money to a friend, I would internally consider it a gift. That's the only sane way to approach it.

Unless, if it were a very formal transaction involving alot of money, then a contract would be in order.

CaptainHowdy · 09-25-2006, 10:36 PM

Welcome to the real world...

Chris · 09-25-2006, 10:37 PM

dejavu
didnt you make this type of post before?

tony286 · 09-25-2006, 10:38 PM

Ive done that for people I get the money first.

bdld · 09-25-2006, 11:03 PM

if you lend money to a friend or relative, might as well consider it a gift.

JFK · 09-26-2006, 12:22 AM

Quote:

Originally Posted by bdld

if you lend money to a friend or relative, might as well consider it a gift.

agreed

notabook · 09-26-2006, 12:31 AM

A real friend would have busted his ass to pay you back. A real friend will always keep his or her word to you.

tical · 09-26-2006, 12:57 AM

the phone guy is playin you for a fool, take that shit back

Dagwolf · 09-26-2006, 01:01 AM

Hit him up on his payday and ask him if you can borrow the same amount...

MissMina · 09-26-2006, 01:09 AM

Agreed...

HomeFry · 09-26-2006, 01:14 AM

"If you have money to loan... You have money to lose."

Gunni · 09-26-2006, 01:17 AM

just give them the money then you don't have to worry about it ;)

Chrome · 09-26-2006, 01:34 AM

Loaning money to friends... just consider it a gift and hope your friend does well or don't do it at all.

09-25-2006, 08:23 PM	#1
buddyjuf Guest Posts: n/a	BDJUF's lesson of the day: Never financially help out your friends One friend wanted to buy an expensive cellphone off ebay, but didnt have a paypal accout. He told me to pay with paypal and that he will give me cash by the end of the week. 8 Months have now passed, and every time he tells me that he has new expenses to take care of and I am next on his list. Another friend I do business with, help him out for a few Gz but now that biz is slow, hes having a hard time paying me back. Both are good people, both are good friends, but its me who ends up suffering in the end while they got a no interest loan until they are ready to pay. DON'T FINANCIALLY HELP OUT FRIENDS

09-25-2006, 08:24 PM	#2
xlogger Confirmed User Join Date: Jul 2004 Location: NY Posts: 9,507	Yeah, i agree! $ and friends, dont mix that shit. __________________ ---------- XLOGGER [REFLECTED] [OH]

09-25-2006, 08:24 PM	#3
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,940	Friends and money don't mix.. __________________ *YOUR INFORMATION HERE*

09-25-2006, 08:24 PM	#4
JOHNNY_BUTTHOLES Confirmed User Join Date: Jun 2006 Posts: 146	those aren't friends __________________

09-25-2006, 08:25 PM	#5
Digipimp BP4L OT DL Join Date: Mar 2003 Location: BP4L Swap Meet Posts: 13,481	thats a easy one. if they're really good friends give them the money dont loan it to them. if you ever loan money to a friend it always ends up fucked up. so only give money to those you really consider such good friends that you would just give it to them not loan it. __________________ Still Hosting at Webair and You Should Be Too

09-25-2006, 08:25 PM	#6
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	pretty common sense

09-25-2006, 08:32 PM	#9
wdforty Confirmed User Industry Role: Join Date: Aug 2004 Posts: 1,824	I learned this the hard way too __________________ icq 157542142

09-25-2006, 08:38 PM	#10
d00t Confirmed User Industry Role: Join Date: Sep 2002 Location: In your mind Posts: 3,766	the day after i help out a friend you post this.................. lol

09-25-2006, 09:26 PM	#13
emthree Dialer Kingpin Join Date: Jun 2003 Location: New York Posts: 10,816	Yep, that's how it usually works out. Sometimes giving a little help doesnt hurt. Choose wisely though. __________________ • Sell Patches & Pills •

09-25-2006, 09:45 PM	#15
madawgz 8.8.8.8 Industry Role: Join Date: Mar 2006 Location: Noordermarkt Posts: 30,509	bro, you can always trust me i have never fucked you over and i think i helped start you in this world __________________ TAEMDLRMSKRJIXMRLSMRJ.

09-25-2006, 10:26 PM	#16
gecko ****** Join Date: Jun 2002 Posts: 21,846	lending to friends is like giving money.. I feel your pain __________________ [email protected]

09-25-2006, 10:31 PM	#17
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,327	Loaning is like gambling. Never put up money you can't afford to lose. And don't break up the relationship over it. A lot of people say "oh if he doesn't pay you back he's not really your friend." Nah, not really. In general people just aren't good with finances, thats why they need a loan. Just write it off as an expensive lesson learned, and don't be a prick about it either. Next time if you really feel inclined to loan some money, take collateral. If they refuse to put up collateral, they don't want the money bad enough. __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available Great for TSS, Nifty Stats, remote work, virtual assistants, etc. Click here for more details.

09-25-2006, 10:31 PM	#18
Solid Bob Confirmed User Join Date: Apr 2006 Location: Easy Webcam Pro Posts: 1,213	I always ALWAYS get my money back from friends. I don't know why everyone has a damn problem, quit being so nice. I have loaned money to dozens of people and don't pester for it back unless I need it. It might be 1 month later or 12 months later but when I decide to collect they are going to pay. I don't care if we have to go pawn every "toy" they own I get my money and they can borrow again some other time with no hard feelings. __________________ [email protected]

09-25-2006, 10:35 PM	#19
DaddyHalbucks A freakin' legend! Industry Role: Join Date: Feb 2004 Location: Las Vegas, Nevada USA Posts: 18,975	If I were to loan money to a friend, I would internally consider it a gift. That's the only sane way to approach it. Unless, if it were a very formal transaction involving alot of money, then a contract would be in order. __________________ Boner Money Last edited by DaddyHalbucks; 09-25-2006 at 10:36 PM..

09-25-2006, 10:36 PM	#20
CaptainHowdy Too lazy to set a custom title Industry Role: Join Date: Dec 2004 Location: Happy in the dark. Posts: 93,567	Welcome to the real world...

09-25-2006, 10:37 PM	#21
Chris Too lazy to set a custom title Industry Role: Join Date: May 2003 Location: icq: 71462500 Skype: Jupzchris Posts: 27,880	dejavu didnt you make this type of post before? __________________ [email protected]

09-25-2006, 10:38 PM	#22
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	Ive done that for people I get the money first.

09-25-2006, 11:03 PM	#23
bdld $100,000 Join Date: Dec 2001 Posts: 11,452	if you lend money to a friend or relative, might as well consider it a gift.

09-26-2006, 12:31 AM	#25
notabook Confirmed User Join Date: Apr 2006 Location: Not a Library! Posts: 9,748	A real friend would have busted his ass to pay you back. A real friend will always keep his or her word to you. __________________

09-26-2006, 12:57 AM	#26
tical Confirmed User Join Date: Feb 2002 Location: Las Vegas Posts: 6,504	the phone guy is playin you for a fool, take that shit back __________________ 112.020.756

09-26-2006, 01:01 AM	#27
Dagwolf President of Canada Join Date: Sep 2003 Location: Leaving Hell, Entering Limbo Posts: 23,141	Hit him up on his payday and ask him if you can borrow the same amount... __________________ Sleep well, and dream of large women.

09-26-2006, 01:09 AM	#28
MissMina Confirmed User Industry Role: Join Date: Jan 2004 Posts: 2,478	Agreed...

09-26-2006, 01:14 AM	#29
HomeFry Confirmed User Join Date: Jun 2006 Posts: 1,062	"If you have money to loan... You have money to lose."

09-26-2006, 01:17 AM	#30
Gunni Confirmed User Industry Role: Join Date: Apr 2003 Location: Barcelona Posts: 2,385	just give them the money then you don't have to worry about it ;)

09-26-2006, 01:34 AM	#31
Chrome Confirmed User Join Date: Jun 2001 Location: Oregon Posts: 639	Loaning money to friends... just consider it a gift and hope your friend does well or don't do it at all.