I agree. If you want to loan money to people, then go into banking and use other people's money to do it. And, borrowing money is a bad habit like crack or heroin. Best never to touch that poisonous dope, with two exceptions: Purchase of your first real home. And, business loan where you have a sound business plan, the ability to pay off the loan and the interest rate is significantly lower than your conservatively figured rate of return. Here is a list of what I call "stupid loans"DeezerShoove » 26 Jul 2022, 7:18 am » wrote: ↑ I knew a guy that loaned ten stinking dollars to another guy... The borrower forgot about it completely.
The first guy told me that was why he hated the borrower some YEARS later. I asked why he didn't just remind him.
He said "**** him" and proceeded to continue to resent the other forever after. What an idiot.
I have borrowed and given out $100 and don't even know who owes me or who I owe. I don't care...![]()
If you have an attitude in the first place "Never a borrower nor a lender be."
Same thing happened to me !DeezerShoove » 26 Jul 2022, 7:18 am » wrote: ↑ I knew a guy that loaned ten stinking dollars to another guy... The borrower forgot about it completely.
I disagree !DeezerShoove » 26 Jul 2022, 7:18 am » wrote: ↑ The first guy told me that was why he hated the borrower some YEARS later. I asked why he didn't just remind him.
He said "**** him" and proceeded to continue to resent the other forever after. What an idiot.
That's the spirit alright !DeezerShoove » 26 Jul 2022, 7:18 am » wrote: ↑ I have borrowed and given out $100 and don't even know who owes me or who I owe. I don't care...
Give to get methodology. You donate money and demand services back. you get substance they receive symbolic rewards and as long as they believe they got more than you did, you are fine with that.Jinn Martini » 26 Jul 2022, 6:01 am » wrote: ↑ I don't know about you or anyone else . . . but life taught me that "loaning money" equals donating.
But with a grudge !
So, since so long . . . I never "loaned" anything to anybody !
It's either DONATING or denying !
Works just fine with me !