Reply to Lending Money, What Would You Do

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[quote=Anonymous]I would notice $3000 and would be very uncomfortable loaning money to a friend who has no real ability to pay me back — it would lead to bad feelings.  So I agree with the consensus of: give as a gift or don’t give.  I think in this situation, I would probably not give the $3k but it would maybe depend on friendship and exactly what you are financially?   I have given my friends $50-500 for things over the years and never regretted it but I would hesitate to do so now even though it wouldn’t over draw my bank account because I have young kids and am trying to save for a house and pretty much constantly writing about money.  Maybe for a health emergency?  I think part of the problem with this situation is that it’s not really a one time thing — your friend has no way of making the money you give her help long term because her problems sound structural to her country.  It sounds like if you give her $3k now, she’ll still be forced to ask for $2k in a couple years etc etc.  Is she needing money for basic stuff?  Can you send her care packages of stuff you can buy more cheaply in the US rather than cash?[/quote]

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