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?

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.

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. :2 cents:

Fuck that....$10k? No no...let him learn his lesson.

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

Give him half the money, and tell him thats all you can part with. Force him to come up with the rest himself.

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.

Sounds like you're talking about Mexico.

Give him some small amount every week so he can buy some food and clothes and nothing more. :2 cents:

Say what?

I am lost

that's very true.

hehe

Maybe you're spoiling him rotten.

Need an extra friend?:winkwink: