When Friends Ask For Financial Help
September 20, 2008 · Print This Article
Despite the difficulties that every American faces when it comes to financial matters, such as debts, credit issues, loan payments, interest rates, economic concerns, and many more issues, these things are generally the sort of problems that become transparent and defeated when you apply a little common sense and a good deal of hard work. No matter how bad it may get, you can always count on your will and your intellect to get you through the harshest of times.
However, one particular issue that has existed for as long as money has been around that still has no easy answer but continues to pop up on everybody is something alien to the hard logic and objectivity that govern financial matters, yet is fundamentally tied to your personal money. It’s the kind of question that can’t readily be solved by even the shrewdest accountant or the most power calculator. In fact, this sort of dilemma strikes suddenly without warning, and comes with the sort of concerns that can only be addressed by the same people who may pose it in the first place. It has many ways of being brought up, but essentially comes in the form of “I’m in need of some money — can you help?”
Of course, the thing that makes this question so confounding is that, when it comes to good friends and family members, you do want to help. The real question is, however: Should you help? And if you do, then in what way and to what extent?
With so many people in America currently struggling to deal with the slumping economy, lenders tightening the standards that govern their loans, and jobs in certain industries drying up, this is a question that is being posed more and more often these days, and is becoming something of a concern in its own right. There are more people approaching their friends and families for cash then there ever was before, and the issues are generally very wide.
When considering helping a friend or family member, try and approach the fundamentals rather than what the person tells you when it comes to his or her situation. They may say that they’re losing their home, or that they need money to pay off an outstanding debt that is haunting them on their credit. These situations may seem like desperate ones, but what you should consider is whether or not these situations are chronic.
Some people, even with all the assistance of their friends and family, continue to miss things like mortgage payments or find themselves quickly in debt again. With those circumstances, the problem really isn’t the debt but the mentality that allows the person to fall into it. Ask for frank honesty and don’t be afraid to probe when it comes to sensitive issues. If you call somehow out on being debt-prone, then it not only brings the real problem to light but it also helps you deal with the person in a way that makes your actions more positive.
Of course, you may just want to consider giving the money as a gift, but think about whether or not the person is prone to debt in the first place. Something to consider is lending money to help the person develop a sense of responsibility and to get back what you invest into that individual. Think about utilizing a third party when lending money. If you have a statement saying that you loaned a person money notarized or brought to an agency that records these sort of transactions, then you can get a better guarantee that you’ll be paid back at some point or on time.
Related Articles
- Tame That Credit Card And Leave It Be When it comes to life, there are more than a handful of rules that one can live by. You can pick and choose whichever you
- 3 Easily Avoidable Credit Pitfalls There are so many credit problems out there that it can feel like there is nothing you can do to avoid bad credit. You
See all three of your credit reports and credit scores with your 7-day FREE Privacy Matters 1-2-3 trial membership.
Exactly what I thought when I saw that!
I think a necklace would have fought with the waist line. It’s already quite busy. But beautiful.
Dont let it bother you just get a new friend and make her feel the way she made you feel !! Youl probably be happier with another friend and maybe this julianna will even get jealous !
don't know that
prof, manderesti un invitino anche qui?
this song is so cute
Friends with benefits has a distinct difference with just best friends. I have best friends who I hug, occasionally snuggle with, and sometimes kiss. But the friends with benefits that I have had it goes much further. Instead of just a kiss on the cheek or maybe a peck on the lips, there is full making out, touching, fooling around and we do go all the way. I had one friend with benefits that I didn't go all the way with but that was when I was still a virgin.
Given the fact that you are friends with benefits, it is perfectly acceptable to sleep together. With this kind of arrangement, its the best time to try out all those fantasies that might cause complications in a real relationship. That might include threesomes, exhibitionism or other such things.
But friends who just hug and maybe even kiss (unless there is something beyond the kissing, and the kiss is not a hello or goodbye kiss) would really not constitute friends with benefits.
And that's the best advice I can give
yah i just went thru the same problem bu tthen i was like u noe wat wateva and just left them and so now i hang out wid different ppl and lifes goin great no drama no nothin and nobody hates me or anythin so yah but if she still wants 2 be ur freind then let her but first ask her 2 make a choice her or u
#wheniwaslittle i♥PLAY with my friends!
kardeşinle hala görüşüyor musun?
esse louvor é muito lindo….Brasileiros tambem curtem o michael!!!!!! adoroooooooooo
Q: Would you be friends with someone who is gay? A: Yea:
Like many people have mentioned, she has the most contagious laugh! she is the best!
Okay friends with benefits is when you don't want a relationship with your friend, and you strictly are just friends for sexual desires. Best friends would mean, nothing sexual is involved and you guys are just really good friends. Yeah..you can hug your friends, but that doesn't make you friends with benefits. Sounds like to me he is trying to mess with you..
Finding a good chiropractor in the Oakland Area is a decision that shouldn’t be taken lightly, after all, it’s your health and body that are the most precious things in the world, and if you lose them or mistreat them, then nothing else could ever make up for them. In order to find the best Oakland Chiropractor, make sure to read and apply the following: – Make sure that he/she is recommended by you physician, other health care professional or friends. – That he/she is licensed to practice chiropractic. – That he/she has experience treating your specific condition or symptoms. – That he/she is a board certified if you need specialized care in areas such as such as chiropractic neurology, chiropractic rehabilitation, chiropractic orthop … Oakland Chiropractor, Oakland Chiropractors, Oakland Chiropractic clinic, Oakland chiropractic, Oakland Chiropractor clinic, Oakland City Chiropractor, Oakl
#dontexpectmeto like you just because your a friend of a.friends or family
This song means a lot to me because, in my circle of friends, it’s like our anthem. In the past 12 years we’ve all been friends, we’ve drifted apart and come back together. Staying friends and getting closer each time. I feel like an idiot for moving away from them all. You don’t know what friendship truly is until you leave. I’ll be back though, everyone. Soon. Real soon. Love you guys.
Ada masalah tetap kembali-nya ke teman" sma. Glad have friends like u guys
I just took "What if your dad is best friends with Justin biebers dad and jus…" and got: part 5!! <333333333! Try it:
Really good vid
Ahah, I wanna ask the same question to myself too. I have the exact problem. Lemme take a guess your in high school? If so, im a middle schooler. But I've been to it so I know.
So, kind of friends? well kind of friends is a step so now movveeee upppp and come closer to him. example: if the teacher ask to be in groups for a project or so. Go to him and his group. Or, tell a friend to go with you to his group. maybe talk to him on aim or myspace or text or somethang! ya know, you'll never know what will happen. ^_____^ say a hi or hello. any type of greeting is fine, wen you see him during passing periods or just in class. Sometimes, you gotta give a guy the space even if you guys are friends. Tell your best friend to kinda to to him so that you can be in that situation too.. you know.. ,the situation where 'he talks to you and you guys talk back <3' LOL. maybe if you don't get a line or some special ask/aim him up/ myspace him/ call him/ text? anything would be fine, and asked him about it. Maybe go 'sorry to bother you, but can you help on this part….etc? Then after or later say. "thanks for helping me with it. I really appreciated or soemthing like that." talk/ hangout with him. Dont be so shy and remember a guys needs hes space sometimes to so don't be so clingy. =D
Stil don’t know why the writers turned Ross into a pedo >.<’
yeah i kinda have the same problem. Im a big athlete, i wrestle, and im really dedicated. So the problem with that is i have no time, always tired, alot and only of guy friends (from the team). So i dont get to talk to girls enough so i think deep down inside im not "comfortable(?)" talking to them.? And honestly i think its making me depressed lol (hbu?)
And i havent tried to have a female friend to be %100 friends with only…
So i think if we could work being just friends with some, thus understanding them better,….It would make us so much better with potential girlfriends.
lmaoo just hit me, i have no friends. RT #shoutout to for havin me dyin on ichat haha we gotta do that again soon
just start talking to that person more then you usually would. try and hang out with that person more, and hopefully you two will become good friends again. good luck (:
Laurie totally beats Aniston. Well played, sir, well played.
ok chill,
hope it works out
i am going through something totally similiar and ive gone through it many times. here is some advice, dont say anything about any1 that might get u in trouble with them, also ur "friend" bob. if bob calls again asking 2 b ur friend again u gotta say no, hang out wit the ppl u trust. also kevin, i dont noe but he might be lyk bob wit the whole bored thing. just ignore these ppl bcos they obviously arent self confident wit themselves and r taking it out on u.
I think your account is going to be deleted!!Unless you don’t care. Sometimes it can stay 1months like friendschannel but most of the time channels don’t survive that long with all the episodes uploaded.
Did you have a good weekend? Well, Foursquare sure did!
That and other news can be found in this roundup of stories you might have missed on account of enjoying time off with family or friends. We want to…
Today is not my day. I've ignored my friends and now I'm raising my voice at my Dad.
Like this if you think friends is the best
I just took "(All Parts) + (* New Season 2, All Parts*) You've be…" and got: PART 13, EACHOTHER'S SOUL MATES! Try it: