There is an old saying "Friend who helps in need is real friend. This old saying says that one friend should help another friend who are in trouble. But, I think, it is not suitable in monetary situations. Because financial loans between friends could harm or damage their friendship.
First of all, in case that people can't repay his loan, it's too hard to require one's friend to pay back. If we couldn't get our money back from people who we don' know and , we could force them to repay money by using strict way such as law, and a credit paper. But, between friends, it's so harsh to do that. For example, my father once gave almost 3,0000 dollars to his friend who need money. But he disappeared without repaying that money. Because of that, my father had a hard time Althought that friend violate law, my father couldn't accuse him since he was friend.
Secondly, we don't know that when we need money for unexpected situations. There are many accidents and diseases that need a fortune. So we have to save our money for that problems. But, if we loan our money to our friend, we couldn't cope with those serious situations. In last year, I got a car accident and I have to pay for my hospital fee. But I had loaned my all money to my friend because he had made car accidents. Eventually, I have to borrowed money from my mother.
Accordingly, I think that it's not beneficial to friends themselves to loan money because they might not repay money and we have to save our money for unexpected accidents. Therefore, if it make our friends discouraged, we had better not loan money to our friend.
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