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My first blog entry on here....

September 2nd, 2012 at 09:09 pm

Hi, I'm new here. I found this website a few weeks ago and have read without signing up. I just signed up and am starting a blog so that I can blog about my finances anonymously.

The whole "anonymously" part is important to me because I have my own "saving money" blog on blogger. I love writing in it and I post my entries on Facebook. I've written about all the ways we are trying to save money so that we can save up for an emergency fund in case my husband loses my job. I've never mentioned what our goal amount is, though. (It's $20k).

However, I think because of my other blog, we've had people ask us to borrow money. And that has made me VERY uncomfortable.

I love writing about financial goals and struggles, so I thought maybe this would be a more appropriate forum for my thoughts.

Have you ever had friends ask to borrow money from you? How do you respond?

Posted in Personal Finance, Saving Money | 6 Comments »

6 Responses to “My first blog entry on here....”

  1. creditcardfree Says:
    September 2nd, 2012 at 10:01 pm 1346623283
    1346623283

    Friends don't ask to borrow money. It would depend on why they want money. $20 because they forgot their wallet in the car. Sure, I expect to be paid back. However, any amount larger, would be no. We are not a bank!

  2. rob62521 Says:
    September 2nd, 2012 at 11:52 pm 1346629976
    1346629976

    Welcome, first of all. Second, that's horrible that folks asked to borrow money. And yes, we have had folks ask to borrow money and we have a standard line, "We understand you are in a difficult situation, but my spouse and I (we use the person's name) have made a pact that we do not lend money to anyone to keep peace in our marriage."

  3. patientsaver Says:
    September 3rd, 2012 at 12:15 am 1346631307
    1346631307

    I don't lend money as a general rule. a lot of things can go wrong and I wouldn't want to jeopardize a friendship over money.

  4. FrugalTexan75 Says:
    September 3rd, 2012 at 02:55 am 1346640918
    1346640918

    Welcome!

    Yep, I have a friend who has asked to borrow money occasionally. I have "lent" it to her with the knowledge that I probably won't ever see it again. It was only $10 one time, and $20 another time. I'm not even sure if she remembers ... If she asks again, I will probably tell her that I don't have any cash .. which is usually the true case (just the two times she asked, I happened to have some!)

  5. TexasDisneyGirl Says:
    September 3rd, 2012 at 08:53 pm 1346705602
    1346705602

    This friend asked to borrow $3k. Yikes!

  6. carinsurancefinder Says:
    September 5th, 2012 at 08:23 pm 1346876633
    1346876633

    http://www.trackamps.com/click.track?CID=213492&AFID=208964&SID=odeskRI

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