Most people are ungrateful and inconsiderate, especially when they get what the want.
After reading through, you will learn the better way to lend money.
People always complain that after lending money to their friends, they get hurt in return because the friend turns to be a SUPERMAN OR WOMAN.
Helping your friend or anyone financially is a GOOD and LOVELY thing to do.
In the month of MAY last year, my phone rang one early morning, it was my childhood friend; he asked for financial help which was urgent, and promised to pay back the upper week.
I have budgeted to use the money on month-end for a project, but because he is my childhood friend; I decided to give him the money since he promised to pay back the upper week.
I lend the money to him, not knowing that he is at the airport to board a plane. After one week, I called his line but it's no longer available.
I met another Co-friend and asked of the guy and he told me he traveled on the same day I lend money to him.
I collected his new number and called him; immediately I told him that I'm Immanuel Yahdiebube, he ended the call and never picked it again.
Do you see how mean some people can be.
Now let's delve into the best way to lend money so as not to be hurt.
I call it SUPPORT ACCOUNT
If it's possible for you, go to the bank open an account and identify it as SUPPORT ACCOUNT.
Pay in 5% or 10% of your income there, so that when someone comes to you for financial help, you can kindly help them from the SUPPORT ACCOUNT.
Please listen.
Don't lend money that will hurt you if the person didn't pay you back, rather Support the person.
For instance when someone needs the help of 1000, and you know that if the person don't pay back, you will get hurt; kindly support the person with 200 or more depending on your capacity and then tell the person not to pay back.
When you don't have, tell them that you don't have any.
You can't help everyone or please everyone.