with even our closest friends, so it is strange and frightening to broach the topic of cash at all, let alone set up debt between one mate and another. It makes an otherwise emotional connection suddenly feel transactional, which can be disconcerting for everyone involved. It’s extremely awkward to ask a friend for money and equally, it can be awkward to lend it.
Be clear and direct, if you have certain expectations for this money. If you simply lend someone some dosh without explaining that you need it back, you risk not only that amount of money, but also your friendship. Have you looked at other options? Ones that definitely won’t endanger a personal relationship? If you need money and you’ve ruled out a bank loan and any other sources of income, then yes,It’s complicated though and you need to be aware that your behaviour with regards to this sum could determine whether your friendship survives.We can be very emotional about money and outstanding debt between friends can be seriously troubling.
Be open about your financial situation, be honest about your capacity to settle your debt, and keep them up to date on any developments.