Why I Don't Like Lending Money

Disclaimer: This article is not intended to shame or throw hurtful words towards those who have debts or those who lend money. This is just my personal opinion regarding this matter. If you feel offended, I'm sorry but it's not my intention. I just want to let my thoughts out.

I don't like lending money.

Well, who doesn't, right? I mean, who would want to lend money to people who don't know how to pay at the right time and stand with their words?

I am not rich and I don't have that much money to lend but there are still some people who would ask me to lend them a specific amount of money for certain reasons, whether they have something to pay and they didn't have enough budget for it or they are experiencing an emergency.

Sometimes, I would do them the favor and lend them the money they are asking for, especially if it's an amount I can afford to give and forget even if they have no intention to pay for it anymore. However, sometimes, I also would have to just open my ears for the things they have to say but I have to shut down my heart so that I won't feel any guilt later on when I turn them down and say "No" to the favor they are asking.

I don't like lending money because I personally hate debts.

Acquiring debt is like a sin to me. I don't like asking other people, even my friends, to lend me some money even if I have nothing in my pocket. I'd rather be penniless than to have debts because if I ask other people for a favor, especially if it's about money, it's like I'm letting them have something to hold against me if it's already their time to ask for a bigger favor towards me.

Acquiring debt is also just like acquiring a debt of gratitude. And the debt of gratitude is something that I don't want in my life. Well, I do know how to have a debt of gratitude to those people who do me a favor. But if I ask for a favor, I want to make sure that I will pay it back as soon as possible. Maybe, it's just me having a high pride which is also a sin on its own, but that's on me.

The debt of gratitude is like a seed that grows over time, which will become a tree that bears fruits, and those people whom I have a debt of gratitude on will probably use it to take advantage of me until all of my fruits run out. I don't like being taken advantage of so I don't have plans to water that seed. I hope you get what I mean or it's too complicated. Lols!

I don't like lending money because people will get used to it.

Once people know that you always give in to their favors and lend them money every time they ask for it, they will be confident that the second time they ask you to lend them money again, you will easily say "Yes" to them and give them the amount they are asking just like that.

And if I will always say "Yes" to them, they won't do their part anymore to handle and manage their money right so that they won't need to acquire debts in the future. Instead, they'll just spend their money the way they want to because they know they always have someone to count on.

If having debt is a crime, then you being the lender is being an accessory to the crime. You are enabling them to become dependent people who would always run to loan sharks and banks.

I don't like lending money because I don't like being disappointed.

When people ask you to lend them money, they will use flowery words and fake promises so that you will give them what they want. They will promise that they will pay it as soon as possible but when the time comes, they will ask for an extension again because they still don't have money at that time.

Sometimes, those who have debts won't even face you or will even just seen zoned you when you are asking about their payment already. Sometimes, they even get angry when you ask about it. And the next thing you know, those people who have debts from you are already eating in a fine-dining restaurant or flexing the milk tea they just bought. Like, the nerve!

I'm not saying that I probably won't have debts in the future or that my family doesn't have debt right now. It's actually understandable to have debts, especially when we are trying to make both ends meet. However, there are just some people who are not responsible enough to take care of their debts.

And just like what the Facebook post I've read says:

"Di bale ng masama ang loob mo sakin dahil hindi kita napautang. Kaysa naman sumama ang loob ko sa'yo dahil hindi kita masingil."

(It's better if you have hard feelings towards me because I didn't lend you money, than to have hard feelings towards you because you can't pay your debt.)

Be a responsible debtor.