Welcome to Vegas Boards!

The only Las Vegas Message Board and forum built by enthusiasts for enthusiasts.
Join today for free!

Borrowing friends/family money

Discussion in 'Off-Topic' started by Broncofn, Feb 24, 2016.

  1. Broncofn

    Broncofn
    Expand Collapse
    Senior Member
    The OG Habibi Hugger Founder's Club Gold Linker

    Joined:
    Feb 9, 2016
    Messages:
    2,392
    Likes Received:
    3,234
    How do you feel about borrowing friends and family money? If a buddy asks for 1k-whatever in a casino would you give it to him without a guarantee of getting it back? How long would you patiently wait to get anything back or if you get anything back and what would you say to the person?

    Would you borrow money to family? Doesn't matter if it's a time of distress or hardship.

    Have you ever been burned by family or friends that you borrowed money to?
     
  2. scottndindy

    scottndindy
    Expand Collapse
    Junior Member
    Founder's Club

    Joined:
    Feb 6, 2016
    Messages:
    112
    Likes Received:
    34
    Loaning money is a very touchy subject. If I'm going with friends and don't have a ton of cash on me at the casino I will tell them when we are walking in I don't have any extra to loan. This was after multiple trips of my buddies always borrowing.

    Family is an even tougher subject as I feel like family loans fall into 2 categories. First it's a sure thing you will be paid back and is no big deal. Unfortunately these aren't the type you get hit up for often. The 2nd is the family member who always seems down on their luck and you know you probably won't get it back. You only loan if you are comfortable never seeing your money again.
     
    • Like Like x 2
  3. wigwam_timeshares

    wigwam_timeshares
    Expand Collapse
    Junior Member
    Founder's Club

    Joined:
    Feb 9, 2016
    Messages:
    806
    Likes Received:
    179
    Family - if they need money I prefer to gift it than worry about repayment.

    Friends - I'm not lending you gambling money but if there is an actual need then I might lend it depending on the friend.
     
    • Like Like x 3
  4. shifter

    shifter
    Expand Collapse
    Degenerate Gambler
    The Chairman

    Joined:
    Feb 1, 2016
    Messages:
    2,532
    Likes Received:
    3,032
    Location:
    At The Tables
    Trips to Vegas:
    50
    Never loan money to a friend. It will end up costing you your friendship and your money. Better to give it and only lose one.
     
    • Like Like x 10
  5. Cross

    Cross
    Expand Collapse
    Wishing I was in Vegas
    Founder's Club

    Joined:
    Feb 5, 2016
    Messages:
    28
    Likes Received:
    10
    Location:
    Seattle, WA
    I can't agree more.
     
  6. Packer

    Packer
    Expand Collapse
    Member
    Founder's Club Platinum Linker

    Joined:
    Feb 7, 2016
    Messages:
    733
    Likes Received:
    735
    Location:
    Calabasas-Woodland Hills, Ca
    Broncofn, what do you need? Ill help you anytime!
     
    • Like Like x 2
  7. Hank

    Hank
    Expand Collapse
    Junior Member

    Joined:
    Feb 17, 2016
    Messages:
    189
    Likes Received:
    92
    Trips to Vegas:
    49
    Fortunately, I have a small family. And the few of them I speak with regularly, I trust completely. So, with them, I'd sign a blank check and know with certainty that I didn't have a thing to worry about.

    With friends...I have a deadbeat or two in my circle. Love them to death, but I have no illusions. So, when I do "lend" them money, I know it's just a gift and call it a loan to let them keep a little dignity.
     
  8. Broncofn

    Broncofn
    Expand Collapse
    Senior Member
    The OG Habibi Hugger Founder's Club Gold Linker

    Joined:
    Feb 9, 2016
    Messages:
    2,392
    Likes Received:
    3,234
    Lol, I know you would habibi, I'm just speaking from personal experiences and would like to know everyone's POV.

    As you know, I'm too nice.
     
    • Like Like x 1
  9. Packer

    Packer
    Expand Collapse
    Member
    Founder's Club Platinum Linker

    Joined:
    Feb 7, 2016
    Messages:
    733
    Likes Received:
    735
    Location:
    Calabasas-Woodland Hills, Ca
    Me too! It's only money. It comes and goes. Rather give it to them than gamble it away in one second. In my life I must say 98% of the time I got it back. I have borrowed money from friends as well, it's just what we do at times. I couldn't live with myself if I didn't pay it back. But so all of you know, don't ask me! LOL Except you broncofn!
     
    • Like Like x 1
  10. RockyBalboa

    RockyBalboa
    Expand Collapse
    Front Line Winner
    Founder's Club Silver Linker

    Joined:
    Feb 6, 2016
    Messages:
    584
    Likes Received:
    382
    Location:
    Houston by way of Philadelphia
    Trips to Vegas:
    13
    I have a couple people in my family who I wouldn't loan or give anything to. But outside of them I'd hook up whoever needed help. It would be more of a gift and if I ever got paid back then it's a bonus. Sometimes I've paid for things without them asking because I knew their situation was dire. This year I'd like to pay my grandmothers property taxes for her so I'm going to have my mom set it up for me since she does all of my grandmothers books.

    As for friends? My circle of friends is small but tight. A couple of them could call me up and I'd lend it to them no questions asked because I know they wouldn't ask unless it was a really bad spot.

    Others it would depend on the circumstances. Each situation is different and needs to be evaluated.
     
    • Like Like x 2

Share This Page

Loading...