If you haven't heard this saying; you probably live under a rock or haven't experienced the disappointments that come with leading anyone money. This saying was originally coined by Shakespeare, the great Poet and Playwright.
Polonius, the main character in his famous play, Hamlet, counsels his son, Laertes against becoming a money lender or borrower. According to Polonius, and most likely concluded from his own experience; a loan often loses both friend and itself.
This genius of a man definitely knew what he was talking about. He could have advised his son on the dangers of practicing unsafe sex or breaking up with a pyscho girlfriend but chose to go down the pitfalls- of- lending- money route instead.
Nothing sours a relationship or friendship faster, has the ability to change even the healthiest relationship dynamics or can cause mistrust and bad blood between people like a money "deal" gone wrong. You don't believe me? Catch an episode of Judge Judy and see for yourself. There's just something very touchy and ugly emotion-inducing about money.
These are some of the observations I have made when it comes to money lending:
- If someone isn't financially responsible with their own money, you have no business lending them yours. People who don't know how to handle their own money will never respect and value yours or understand how hard you've worked or the sacrifices you've made to earn it.
I have come to the conclusion that the only way to ensure money doesn't ruin your relationship(s), is to gift the borrower whatever money they are borrowing, if you can. As long as you don't expect to receive the money back, you will be free of any hang-ups that might result were they to fail to re-pay the loan.
Whatever the case, I guess it's safe to say that just like with love and hate, there's definitely a thin line between money and hate.
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