When you loan money to a relative, do you really expect to be paid back?

[AviatorTom]

Relatives often ask to borrow some money, and we often give it to them.

They may call it a loan, and say they will pay it back.

But do you really expect them to pay you back?

I learned a long time ago that when I loan money to a relative, it's really not a loan, it's a gift.

What about you?

When you loan money to a relative, do you really expect to be paid back?

Please vote in the poll and tell us your story.

It's a LOAN, I expect them to pay me back

It's a GIFT, I do not expect payback

Something ELSE, please tell

A total of 21 votes were cast: 9 girls and 12 guys. See detailed results

[ohsheeT]

Whether it's family or friends or even a stranger the first thing I have to ask myself do you have this money to give away because you're never going to get it back and if you do well thank you but I don't look at it as if I'm ever going to get it back because that's just makes things more difficult so if I accept it that I have it to give I will do it if I don't I can't do it

And I accept that I'm not going to feel bad if I say no it's just the way it is it has to be my way

I have learned to not put myself in that position because of past dealings

[OneViewpoint]

Yes, I loans to be paid back. Which is why I avoid loaning money to relatives and friends. I had 2 sisters who were basically welfare cases their entire lives. I was their baby brother and they looked at me as their personal ATM because I could afford it. Their talent was making bad decisions. I had to draw a line between naive compassion and enabling careless stupidity.

[DeeDeeDeVour]

Clarification is very important.

To me, it's a LOAN, especially if they actually asked for financial help and actually said they'd pay back what they borrowed.

When I offer anything without being asked, that's my gift to that person or group.

[FreyaRed]

"If you want lose a friend, lend the person money" It's a saying in my country.

I don't want lose relatives that's why I gift something them or just don't give them anything.

[NathanDavis]

there's details about this..

a loan, is a loan... a contract, a deal, a commitment... so, both parts have to be responsible with it

if it is something like "can I borrow some money" or is it "I need some money" then no, I don't really expect for them to pay it back, although most of the time they do pay it back, lol

[Lionman95]

I expect them to pay back at least a part of it but it depends on the agreement. I gift people money if we both call it a gift. I expect some form of payment back if we say it´s loan. But for a relative or a dear friend I´m more willing to let them pay me less than I gave them.

[Just_Ken]

Yes its called a loan not a gift. Though I would give more latitude on repayment.

I have gifted money to relatives when things got bad.

I already know what relatives not to lend money to.

[OlderAndWiser]

IF I loaned money to a relative, I would not expect tp ever have the loan repaid. There is only one relative who I would consider for a loan - my younger brother - but he and his wife are financially secure.

[queenofcardio]

Never, it's more of a gift. I wouldn't have gave it if I wasn't comfortable with not getting it back.

[Shiprex]

I've given my relatives money and knew they would give it back but never pressed for it. I knew they would and have never been disappointed though my brother chose a less than agreed method of repayment.

[rgb008]

I would never loan a giant amount of money to anyone, period. $100 max for anyone. Do I expect it to be paid back? No I don’t give away money I can’t afford to have back. Which is why I never give anyone more than I have in cash on hand.

[purplepoppy]

If you can't afford to buy something today what makes you think you can pay back tomorrow?

I'll only lend if I'm certain they can pay back

[Anonymous]

No never. If I give money to anyone I never expect to get it back, and if I do, it's a nice surprise. But if someone asks for something, I treat it as a gift, and that's that.

[Nikki1989]

I never expect to get it back from anyone, which is fine by me. I wouldn't lend it out if I was going to miss having the money.

[Account]

I forget about it. If I have the amount of money they request, I will give it and never think back on it.

[Kvass]

nope. my grandpa used to say, never lend more than you're willing to lose forever. saves a lot of headaches

[exitseven]

might as well call it a gift, I know I will never see it again.

[slatyb]

Never lend money directly to another person unless you can afford to lose it. If they were trustworthy, they would have credit.

[Chazmatazz269]

I don’t loan money. If i can afford to help, it’s a gift. If i can’t afford to help, best of luck!

[Massageman]

We've given up on this after a bad experience on time.

[Massageman]

oops - one time.

[douride2]

I learned early in life you don't loan money to relations or friends.

[loveslongnails]

I've never loaned money to a relative, and don't imagine I ever will.

[Pterodon]

I don’t loan money to friends and relatives. That’s the worst thing to do. If I have it I just give it.

[Bklynbadboy12]

Nope cause the never pay back so I dont give what I can't afford to lose

[EmmaMary]

Neither a lender or a borrower be!

[msc545]

I don't loan money to anyone.

[Agape93]

Nope

[Paige2006]

Maybe