YOU’VE been doing a lot of changes to improve your financial health. You’re proud of your accomplishments and your friends could tell that you’re doing well. Then one day, a friend confides that he’s been having money problems and hopes that you could help by lending him some cash.
But how about those friends you’ve known for years? Do you treat them the same way or do you give in to their request for the sake of friendship? You say to yourself, “Friendship is more important than money; it takes time to gain friends but money you can easily earn with your income.” Wait it out for at least two or three days. This will give your friend time to look for other ways to get the money while you try to learn more about his situation from other friends and his family.
In the first one, you’re expected to be paid back but in the second one, you’ll be sharing in the company’s profits instead. This situation calls for more extensive evaluation especially if you’re being asked to be an investor. Be sure of the amount you could afford to give, this is more important than how much your friend needs. In the end, no matter the amount you gave, a true friend will deeply appreciate the sacrifice.