The consequences of lending money can often lead to strained relationships and disappointment, as many have discovered firsthand.
Story 1
I lent a friend $20, expecting it back in a couple of days. A week later, he offered me his job shifts to repay the debt. It wasn’t ideal, but it was his way of returning the money.
Story 2
My cousin asked for $200 to pay off debts before New Year’s. He promised to return it, but six years later, I’ve never seen him again. He simply vanished, leaving me with the lost money and a lesson learned.
Story 3
I lent my nephew $3,000 for his business. After six months, he denied the debt, claiming the note I made was meaningless. Despite my efforts to recover the money, I ended up suing him, losing family ties in the process.
Story 4
A friend borrowed a diamond ring, only to disappear and never return it. Ten years later, I still haven’t heard from her.
Lending money can strain friendships and trust. Sometimes, it’s best to protect yourself from such risks.
