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re: Offering another man a loan in order to help him and his family out..

Posted on 1/11/19 at 8:46 pm to
Posted by WPsportsman
In a van down by the river
Member since Jun 2015
2408 posts
Posted on 1/11/19 at 8:46 pm to
I don’t understand why people have so many kids these days.
Posted by Capital Cajun
Over Yonder
Member since Aug 2007
5525 posts
Posted on 1/11/19 at 8:52 pm to
Do what you want but expect to never get paid back. If he is living check to check he is likely not financially stable.

If you can spare it give it to him with the expectation it’s a gift rather than a loan.
Posted by stealthy1
Member since Aug 2007
558 posts
Posted on 1/11/19 at 8:54 pm to
quote:

You should let him learn a lesson of not living paycheck to paycheck instead of enabling his irresponsibility.

I'd agree if you had any inkling of his situation, which of course you do not. A coastie with 4 kids, must not be easy making ends meet. Naturally, if he and everyone he works with left the CG for the private sector at double the salary, he'd be much better off, but where would we be?

That wall ain't gonna do you much good when they're driving right up to the beach, is it?

OP, if you need a few bucks to help this guy out, let me know.
Posted by thekid
Anna, Tx
Member since May 2006
3937 posts
Posted on 1/11/19 at 9:04 pm to
I had a friend who was going thru some serious financial issues...I didn’t feel right sending money, so I sent them a bunch of stuff from Omaha steaks as a gift....he was very grateful and we didn’t have any awkwardness
Posted by PortHudsonPlaya
Houston
Member since Jul 2017
3170 posts
Posted on 1/11/19 at 9:04 pm to
He’s where he’s at because of decisions he made throughout life. He’ll get through it and be better and make better decisions because of it. He won’t be in a better place by someone just bailing him out.

You prob wouldn’t be the only person he owes money too. I wouldn’t get in that line.
Posted by mtcheral
BR
Member since Oct 2008
1936 posts
Posted on 1/11/19 at 9:09 pm to
I wouldn’t take the loan if I were him. Not because I’m too proud but because if I don’t have a paycheck coming in I’m not taking on extra expenses. The guy is being responsible to cut out extra expenses like kids activities.
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 1/11/19 at 9:12 pm to
well technically they will get all their backpay when the dems finally cave right ?
Posted by Flashback
reading the chicken bones
Member since Apr 2008
8308 posts
Posted on 1/11/19 at 9:19 pm to
I loaned a friend 1000k awhile back.

I know I'll never see that money again.
Posted by GeauxGutsy
Member since Jul 2017
4716 posts
Posted on 1/11/19 at 9:23 pm to
If you truly want to help. Leave him an envelope with said amount where only he or family has access—-then send an anonymous message to retrieve. You seem to need attention.
Posted by shel311
McKinney, Texas
Member since Aug 2004
110820 posts
Posted on 1/11/19 at 9:24 pm to
Seems like a generous offer.

Main thing is give it out as a loan but if I were you, I wouldn't expect it back, I wouldn't ask for it back, and I wouldn't be upset if he didn't pay you back.

If you can't satisfy all 3 of those criteria, I probably just wouldn't give it to him. If you're good with it, go for it.
Posted by shel311
McKinney, Texas
Member since Aug 2004
110820 posts
Posted on 1/11/19 at 9:26 pm to
quote:

If you truly want to help. Leave him an envelope with said amount where only he or family has access—-then send an anonymous message to retrieve. You seem to need attention.
That's a pretty silly assumption.

Friends to things for friends all the time. It doesn't have to be anonymous.
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 1/11/19 at 9:26 pm to
quote:

If you truly want to help. Leave him an envelope with said amount where only he or family has access—-then send an anonymous message to retrieve.


I like that idea, maybe I'll offer to pay for the event, then anonymously give more

quote:

You seem to need attention.


naw, I never post here, I just couldn't decide if that would be offensive or not minding my own business, figured you guys could offer some good advice.
This post was edited on 1/11/19 at 9:29 pm
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 1/11/19 at 9:28 pm to
I'd be honored to give it to him, but I can't lie and say it wouldn't change what I think about him if he didn't pay me back.
Posted by Ryan3232
Valet driver for TD staff
Member since Dec 2008
25794 posts
Posted on 1/11/19 at 9:30 pm to
quote:

You should let him learn a lesson of not living paycheck to paycheck instead of enabling his irresponsibility.
JFC the stupidity here is absurd.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 1/11/19 at 9:37 pm to
Do it.
Posted by WHATDOINO
Member since Dec 2008
6509 posts
Posted on 1/11/19 at 9:38 pm to
quote:

You should let him learn a lesson of not living paycheck to paycheck instead of enabling his irresponsibility.
JFC the stupidity here is absurd.



The dudes been without pay for 20 days or so now. He sounds to be fairly smart to be cutting back.

It seems like a super nice thing to offer as a gift if thats your plan.

Posted by Landmass
Member since Jun 2013
18107 posts
Posted on 1/11/19 at 9:41 pm to
I was out of work for 5 months in 2017 and lived off of my savings... that I had saved... that I worked to save... just in case I had to go without a paycheck for a while.

Why the frick are so many people living paycheck to paycheck?
Posted by FCP
Delta State Univ. - Fightin' Okra
Member since Sep 2010
4778 posts
Posted on 1/11/19 at 9:52 pm to
I'm presently giving (not "loaning") about $1K/month to 2 different friends to help them out due to marital, health, and other issues. About $500 apiece/month. Been paying for one friend's place (or most of it) for at least 3 years, and have been helping another friend stave off foreclosure for nearly a year now.

I'm not independently wealthy, though I will get a sizeable inheritance "one day." For now, I've got friends who are hurting--they're good folks who work hard, live drug free, and would do literally anything I asked from them. Both approached me for short term loans; I told them no loan, but that I'd help with giving them a small, monthly stipend as long as I was able. It's just the right thing to do.

My situation is different from yours since mine actually asked me for a loan. But, that said, I've already told my wife that we will be remitting some additional monies to her brother/family whose current DC position is on hiatus pending the shutdown's resolution.

I treat it like money otherwise remitted to a church: Even though it's not per se tax deductible, I treat it as money remitted to an institution/individual with no intention of it ever being returned.

fwiw, YMMV, YOLO, piihb & STTBD
Posted by CockyTime
Baton Rouge
Member since Nov 2015
3148 posts
Posted on 1/11/19 at 9:58 pm to
If he's a friend in need, I think you give him the money with the hope he repays you but without the expectation
Posted by BlindTiger7
Houston
Member since Sep 2016
2681 posts
Posted on 1/11/19 at 9:58 pm to
Lemme hold tree fiddy
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