A couple of months ago I paid a $100 deposit for a friend as she had no money, knowing that within a few weeks she would get it refunded into her account and would be able to pay me back.
However, I know she must have it back now, but she seems to have completely forgotten about it. I have dropped some pretty obvious reminders but she seems oblivious.
I'm a single parent with 2 kids, one still in childcare, my business is struggling and money is tight, but my friend is much worse off than me as she's unable to work. I don't want to bring it up as I'd feel like a total bitch, but I actually do need that money. I feel I should just let it go but to be honest I'm really annoyed about it.
What would be a good way to approach this, or should I just let it go and remember not to loan her money in the future?
4 Replies
Well, it doesnt matter whose situation is what, its your money and a loan in good faith to help a friend, she should give it back. But, i also now live by this saying, never loan money you cant afford to lose.
Basically kiss it goodbye when you loan it and if you get it back, bonus. Because money is a shit and will wreck families and friendships. And if she is really struggling its possible she was already in red before it came in, so she never physically had it and is finding it hard to come up with and has to prioritise big companies that add late fees and threaten you with consequences.
So i would ask for it very clearly, then i would let it go and never loan her a dollar again.
Is there really a chance that she forgot?
I know if I borrow anything, especially money, it is constantly in my head until I pay it back, whether its $5, $50 or $500.
I would let her know you're in need of the $100 you lent her and if she doesn't pay you back then I would just never lend her anything again.
I know what it is like to be struggling, but I also know that I would never take money off a friend or family member and not pay it back.
Could be mum brain...just ask for it back.
Also don't ever loan what you can't afford not to get back.
Don't hint, ask. With my sister if she borrows a larger sum I let her pay it off as she doesn't work (so in your instance maybe tell her you need it back but can make do if it's $50 per fortnight). If she's going to pay it back she will, if not don't lend again.
I got stung lending money to a friend, $400 for her boyfriend to "get to his new job" about 3 years ago. Not only did I not get it back but she's completely cut me off, I know she has the same number as other friends have said she's contacted them. I tried to call/text when I came across a massive bag of free toys that I went and picked up for her, still nothing. It's a shame, she's my sons godmother but it appears we're over.