I like to lend money to people I’d just as soon not see again.It works well and is relatively cheap.(If they do show up, just ask if they came to repay; they’ll leave soon.)
I don’t gamble, but my rule on lending is the same as one might have for gambling: Never lend more than you can afford to lose. If I lend, and they pay me back, fine, if not, no major loss. $10.00 or so isn’t worth getting upset over.
If banks followed that rule, I wouldn’t be buying a car right now. We’d be in big trouble. However, based on the look of the person asking, I can understand the statement.
watmiwori over 10 years ago
A very wise practice! He must be a client of Bob’s Bank….
hsawlrae over 10 years ago
“Borrow”…RIGHT.
magicwalnut Premium Member over 10 years ago
Some of us are slow to learn that rule, but once you’ve been burned, you never have to look back….
Simon_Jester over 10 years ago
“I’m sorry, Dad. Can I HAVE $20 bucks?”“Will you get out of here?”
dflak over 10 years ago
Seldom lend and never borrow. That will save a lot of sorrow.
David Huie Green AmericaIsGreatItHasUs over 10 years ago
I like to lend money to people I’d just as soon not see again.It works well and is relatively cheap.(If they do show up, just ask if they came to repay; they’ll leave soon.)
renewed1 over 10 years ago
Too bad someone doesn’t say that to the government.
Jeff0811 over 10 years ago
I don’t gamble, but my rule on lending is the same as one might have for gambling: Never lend more than you can afford to lose. If I lend, and they pay me back, fine, if not, no major loss. $10.00 or so isn’t worth getting upset over.
naniboy over 10 years ago
If banks followed that rule, I wouldn’t be buying a car right now. We’d be in big trouble. However, based on the look of the person asking, I can understand the statement.