How to Say No When Friends Ask to Borrow Money

Learn to Say No. Do you have problem while refusing to lend money to friends and relatives.

October 08, 2007

Really Simple – When a friend in needs asks for a sum for money on loan, you can politely refuse saying – “I wish I could, but as a rule, I don’t lend money to friends.”

It works because you are not singling out this person as untrustworthy. Never lend money to friends and you won’t get a reputation as a walking, breathing ATM.

Why You Shouldn’t Feel Guilty: Lending any amount of money can cause problems. It can change the nature of your relationship if the person doesn’t pay you back. Link.