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Reply to "Lending Money, What Would You Do"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]A friend asked for money. I have it but I don't want to give it. Should I? AITA for not sending it when she's in need? My friend lives in South America. I lived in her country for a couple of years after college, studying and teaching English. That's how we met. We've stayed in touch for the last 15 years, visiting each other a few times over the years. We text weekly and facetime sometimes. Her country has been having economic problems , particularly high inflation, for a number of years. About 4 years ago, I lent her and her husband $5,000. She had lost her retail business and they had business loans in dollars, but their currency had been devalued. They needed money. They have not paid me back, which is fine. They are not in a position to be able to and I don't expect them to ever pay me back. Now, she's asked me for a $3,000 loan. I'm doing well and have a lot more than $3k in my personal short term savings, but I just don't want to send it. I have young children, we are saving for home renovations and anticipated medical expenses, and I like having a cushion. I know I should be generous. I come from low income background and while it's not at all like what my friend is going through, I can empathize with needing money for basics. My philosophy is to only lend money I don't mind losing and I would be upset losing this money. My friend is very worried and I'm not sure what they are going to do. What would you do?[/quote] What advice are you expecting from an individualistic forum full of stingy people? You know what they are going to tell you: Don't give her money, use your money for yourself, etc... My advice would be to help your friend. When a friend goes through hardship and I have money and I can help, I give what I can afford to help them. I have often given more money to charity when I didn't even know if that money ended up being used to really help people (most of the time that money benefits the non-profit executives more). If that money was even used to actually help people, it would be stranger that I didn't even know. That's why I have no problems being generous and help people that I care about. Do the same OP.[/quote] OP already gave her friend $5000. Perhaps you can give OP your contact information and she can send it to your friend since you have seem to have more money than sense. [/quote]
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