Borrowing money from family or friends. Why is it almost always a bad idea?

Written by admin on August 30, 2019

Money does not give happiness, says the old saying. And although the most famous blonde in the world, Manilyn Roam retorted, that he said it was a man who was never on shopping, the fact is indisputable – if you want to maintain good relations with loved ones, try to avoid the subject of finances.

Employers who know the remuneration of their subordinates know this. Indeed, even people associated with the entertainment industry in Poland rarely boast about how much they earn, business people also retain discretion in matters related to finances. Someone once said that money likes silence. It is hard to disagree. And to keep this silence, the best way is simply – not to borrow money from family or friends. Why? We are in a hurry with answers!

 

Do not you want to be on languages? Bite your tongue!

borrow money

We’re all gossiping. Even unconsciously. That’s why scientists from Ottawa and Northeastern University in Boston deal with something as “trivial” as the rumor. Gossip can change someone’s life, it can affect the perception of something or someone, it can change decisions. It is not something completely trivial, but rather an element of our life that should be avoided. Both in professional and private life.

Most of us have had temporary financial turmoil in our lives. Sometimes it just happens that cumulative expenses arise and there is a need to improve the home budget with a loan. Child’s colonies, parent’s surgery, overdue tax, car repair – every such situation is a source of financial stress. It is not surprising, then, that there are nervous thoughts to borrow from your brother-in-law, cousin, and aunt. It is easy then to forget about the less obvious consequences.

Even if we are considering borrowing a small sum from the most discreet person in the world, let’s hold back for a moment and think. Nobody will give us a guarantee that information about our financial problems will not flow out unnoticed, eg in a conversation or food. And no one wants to become an object of rumors, especially those concerning the lack of money. Financial problems are temporary, but the opinion of the evil host and the person “borrowing after acquaintances” can go on for years – WE DISCOURAGE.

 

Bound by the commitment, or network of dependencies

borrow money

Japan is a country where interpersonal relationships are unbelievably structured. Naturally, the Slavs who are warm-blooded to our Slavs may seem very exotic, however, it is worth taking an example of how the inhabitants of the Land of the Rising Sun approach the topic of gifts and loans . Well, a gift or loan is used there as a method of obliging someone towards us, that’s why everyone tries to avoid them. In Poland, the situation does not look so categorical, but the person who lent us, for example, a thousand zlotys, will not refuse to care for the dog during the weekend, although we had other plans, right?

By not borrowing money from friends or family, we invest in freedom from dependence. It is a very valuable and even priceless thing!

 

What are the alternatives for borrowing money from friends or family?

What are the alternatives for borrowing money from friends or family?

Above all, a good lender will guarantee us anonymity and peace of mind. We mean, of course, fast and most importantly – secure on-line loans. When looking for a secure online loan , make sure that all loan costs are clearly displayed to you. Before making a decision about a loan, check whether the parameters of the loan include interest on the repayment loan, APR, interest rate, administrative fee. Thanks to this you will have full clarity, what amount you will have to give away! Check our offer at Marble Credit wesite , fill in a completely non-obligatory application and see that it is a very good alternative to borrowing money from your loved ones.

 

Discretion that trusts. This is a valuable investment!

Discretion that trusts. This is a valuable investment!

Imagine that we borrow money from the family and suddenly the same person asks us urgently to return it. This is quite likely a scenario – life likes to surprise … Such a situation can only cause unnecessary stress and tension, which will certainly translate into our relationships with loved ones. The lender has already shown good will, lending us money, now he will feel uncomfortable, waiting for their delayed return. Loan companies are much more flexible in this respect. In the case of Marble Credit, it is possible to talk to a consultant and, for example, take advantage of holidays from the installment.

Let’s save our relatives and themselves of the situations in which they would have to refuse us – we do not know if our loved ones are not currently undergoing the moment of “tightening the belt”, and what they do not want to inform. The need to deny them or expose them to our negativity or to reveal the bad condition of their finances. Let’s remember – financial discretion pays trust! Let us respect the independence of relatives and if we have to borrow money, choose companies such as Marble Credit that exist to help in the most unexpected moments.

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