Is it rude to deny money?
If the favor you did was minor and the amount of money offered is similar to the value of the favor, then you are mostly free to say no (unless they really, really insist.) When refusing money for something I did for a friend/family, I always tell people, I didn’t do it for money.
Should you remind someone they owe you money?
Be courteous and always use polite language when reminding someone about the debt they owe you. (even though it’s hard to get them to pay). Just ask if they remember their debt and when they can pay it back. A good example sounds like this, “Hey, do you remember that I lent you money last month?
What to do when a friend or family member asks for money?
When approached by a friend or family member looking to borrow money, ask yourself if you’re really in a position to be giving money away. If you aren’t, offer to help by providing advice and support. If you are, consider creating a contract that you can both feel good about. It can be a challenge when friends or family ask for money.
What should I do if my friend does not pay back?
If this person does not pay you back, that is on his shoulders and not yours. Don’t let it bring you down or ruin your life. Ultimately, it is a learning experience for both sides. It is often not a good idea to loan money to friends or family members.
How do I ask a friend to pay for something?
When going out with your friend, message them first to ensure they have enough money for your meet-up, to avoid having to foot the bill unwillingly Only take enough money for yourself so that you’re forced to tell your friend you’re unable to pay for them. They’ll soon be put off asking again
Is it ever OK to lend money to a friend?
Emily Post, the mistress of manners, offers up this cardinal rule of lending things to friends: Don’t lend out items you really care about. In other words, don’t ever plan on ever seeing that borrowed item — ahem, money — ever again.