How To Politely Decline Someone Borrowing Money

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How To Politely Decline Someone Borrowing Money
How To Politely Decline Someone Borrowing Money


How To Politely Decline Someone Borrowing Money -

With a bit of resilience in your financial toolbox and a little practice you can get better at saying a hard no and avoid spending that isn t in your budget 01 of 05 Build Resistance At first blush it might look like accountability setting boundaries or even budgeting is the solution here

Say no kindly When someone asks to borrow money we can feel guilty and maybe even ashamed when we don t immediately say yes even if giving them money would put us in financial hardship

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Tips for Politely Declining Money Borrowing 1 Be honest and respectful Clearly explain your reason for not lending money while emphasizing that it is not a personal rejection 2 Suggest alternatives If possible offer different solutions or resources that may assist the person without directly lending money 3

Tell the person that you have a policy of not lending money to friends and family because you don t want any uncomfortable feelings between the two of you she said Or if the person borrowed money from you in the past and didn t return it Claytor said it s fine to gently refresh their memory without being rude and obnoxious

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The common dilemma to borrow or not to borrow Asking friend or family to lend you money doesn t feel good but to reject those asking you is not easy either When facing such situation most people don t like to lend their money out but most people doesn t want the relationship to go sour just because of small amount of money either

Finally wish the person good luck If you re simply unwilling to lend the cash Claytor said it s OK to just be totally honest Tell the person that you have a policy of not lending

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Say no kindly When someone asks to borrow money we can feel guilty and maybe even ashamed when we don t immediately say yes even if giving them money would put us in financial hardship

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How To Say No When Family Or Friends Want To Borrow Money

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Say I m sorry but I can t give you a loan When the person asks Why not just repeat your statement Eventually your friend or family member will stop asking OFFER OTHER AID

Say no kindly When someone asks to borrow money we can feel guilty and maybe even ashamed when we don t immediately say yes even if giving them money would put us in financial hardship

Say I m sorry but I can t give you a loan When the person asks Why not just repeat your statement Eventually your friend or family member will stop asking OFFER OTHER AID

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