I don't think it's a very good idea to borrow money from a friend. It can cause resentment and awkwardness in the relationship. How do you approach your friend without making him feel he has to do this for you? It's unlikely he'll feel as if he can turn you down. Can he turn you down without insulting you? Probably not.
How do you know whether your friend can afford to lend you the money? He may be embarrassed to admit he's a little short of funds himself. Or he might not want to disappoint you. So he lends you the money and then he needs money, too.
There's also the question of when you'll pay back the loan. It's awkward for your friend to ask for a deadline for repayment. Besides, if you're short of funds, you may not be able to predict when you'll pay him back. What about interest on the loan? If it's a small amount of money, this doesn't matter. However, if large funds are involved, and you won't be paying it back for a while, should you offer to pay interest? Should your friend ask you to pay interest? All these issues can result in hurt feelings and can harm the friendship.
It's possible, of course, that if you borrow money from a friend and pay it back in a timely fashion, this will create a special bond between the two of you. You'll know that you can count on your friend when you need help. He'll know you're trustworthy.
However, more often than not, money issues between friends are an embarrassment. If you need money, it's better to go to a bank for a loan.
It is claimed that developing a real friendship is a long and complicated process. Maybe the reason is that firstly people have to know each other very well. And after that they begin to trust each other and to prove themselves as real friends.
Unfortunately, it is as difficult to develop a friendship, as it is easy to ruin one. One of the things that can test friendship is borrowing money from a friend. I do agree that sometimes it could harm or damage the friendship. Money can destroy almost everything, in fact. Borrowing and lending money can be considered as signs of mutual trust. And if the money is not given back in time or not given back at all it will embarrass both parties. Thus series of misunderstandings begin which could actually ruin the friendship.
Borrowing money is often comprehended as a simple act of help and favor. But when the faith in the reliability of a friend is lost it will harm and damage the friendship for sure.
Friendship resembles a contract between two people, although its rules remain unwritten. And when one of the friends does not play by the rules the other one simply quits the game called friendship. The result is a bitter recollection from a damaged friendship. In conclusion- we have a few real friends in our lifetime and it would be a shame to lose some of them because of such banal problem as money. In my opinion, money does not worth as much as our friends do. And if we cause harm to any of them and if we ruin something so important and invaluable as real friendship because of money, it will be one of the biggest mistakes in our lives.
So let's be wiser and never make a friend go because of money.
Friendship is the most beautiful thing in the whole wide world. Money, on the other hand, is the most essential thing in the whole wide world. So, while dealing with these two very important and sensitive things, one has to be very careful. Before giving my opinion about the topic, I would like to discuss with you some of the reasons which can harm the friendship and some which do not harm friendship.
Friendship is a relationship based on give and take. So, as long as there is both give and take, I don't think there would be any fear of harming the friendship. Some things to be kept in mind while borrowing money are1. Borrow money from a friend who is financially stable and doesn't mind sharing some bucks with you. 2. Return the money before deadline, even earlier if possible. 3. Do not make borrowing a habit. If these things are followed any good friend will be happy to help and the relationship will also be not hurt. After all, a friend in need is a friend indeed.
Some of the things that may hurt the friendship are1. Choosing a wrong friend to borrow money. Some people do not like lending money to anyone. Such people will lend the money if a friend asks for it. But then, they become very nosey and keep nagging the friend asking him to pay back. This attitude is very unhealthy for a good friendship. 2. Making borrowing a habit. There are some people who make borrowing a habit. It is ok to borrow money once or twice or when there is real need for money. If borrowing keeps continuing, it becomes very annoying and thus harm friendship, because, too much is always too bad. 3. Not returning the money on time. It is possible that you lend money to a friend because he was in need of money. As a good friend it is his responsibility to return the money as promised, because you may be having some other plans and be counting on that money. So delay in paying back (especially when the donor is in need), can be harmful to friendship.
Life is like a turning wheel. What goes up should come down. So we can never say when we could be in need of money and friends. So I think we should help real friends who are in need of money. We can also borrow money from good friends, but be careful in choosing the correct friend and keep up the trust.
As far as my opinion about the topic goes, I think borrowing money can ruin a good friendship. There are friends who say that nothing can come in-between them and they would do anything for friendship. But such ideas are only good in stories. In real world, money is a very important factor and can influence any kind of person. So chances of hurting a relationship is very high. I think "Friendship is like a golden chain. Once broken, can be mend again. But the scar still remains". So it is not worth to take a chance with the "highly influential money" and ruin an otherwise long-lasting friendship.
