Comments on: Don’t be a douche http://www.punchdebtintheface.com/2010/01/douche.html A fun personal finance blog Fri, 10 Feb 2012 05:06:35 +0000 hourly 1 http://wordpress.org/?v=3.3 By: BRB http://www.punchdebtintheface.com/2010/01/douche.html#comment-3131 BRB Wed, 13 Jan 2010 21:57:05 +0000 http://www.punchdebtintheface.com/?p=802#comment-3131 I think there is another option which my parents did when they borrowed money from a friend of theirs. They actually drew up a contract and had it notarized and everything stating the terms and conditions of the loan and re-payment. I think there is another option which my parents did when they borrowed money from a friend of theirs. They actually drew up a contract and had it notarized and everything stating the terms and conditions of the loan and re-payment.

]]> By: Larry http://www.punchdebtintheface.com/2010/01/douche.html#comment-2985 Larry Sat, 09 Jan 2010 11:59:12 +0000 http://www.punchdebtintheface.com/?p=802#comment-2985 "Also the bible tells us not a borrow or lender be. Its amazing the finacial advice thats in the GREAT book" Sorry, but's that from Shakespeare. See my post above. "Also the bible tells us not a borrow or lender be. Its amazing the finacial advice thats in the GREAT book"

Sorry, but's that from Shakespeare. See my post above.

]]> By: FaithfulSense http://www.punchdebtintheface.com/2010/01/douche.html#comment-2938 FaithfulSense Fri, 08 Jan 2010 02:38:02 +0000 http://www.punchdebtintheface.com/?p=802#comment-2938 It strange but I've loaned money to family and trust me its a problem...family gets to comfortable. I am the youngest of 5 and the only girl. I was front my brother rent money while I was working 4 jobs and going to school part-time. I learned the power of NO. I know first hand the trouble with co-signing. I co-signed a car with father (bnig mistake the man is not finanically on page and Iknew that my fault on this one) needless to say car got repossessed and I YES I owe the bank 7K! ON top of my 40K student loans!!!!!!!! Now I lend for small things but if its keeping me from achieving my goals or putting me an uncomfortable situation financially....NO has become my best friend. I explain to them hey I have X, Y, and Z with my life I will not. compromise them. I refuse to borrow from anyone, if I do it stays with me until I pay it off. I owed someone 0.10 and and bother me for a week until I saw the girl again to give it back to her. Also the bible tells us not a borrow or lender be. Its amazing the finacial advice thats in the GREAT book It strange but I've loaned money to family and trust me its a problem…family gets to comfortable. I am the youngest of 5 and the only girl. I was front my brother rent money while I was working 4 jobs and going to school part-time. I learned the power of NO.
I know first hand the trouble with co-signing. I co-signed a car with father (bnig mistake the man is not finanically on page and Iknew that my fault on this one) needless to say car got repossessed and I YES I owe the bank 7K! ON top of my 40K student loans!!!!!!!!
Now I lend for small things but if its keeping me from achieving my goals or putting me an uncomfortable situation financially….NO has become my best friend. I explain to them hey I have X, Y, and Z with my life I will not. compromise them.
I refuse to borrow from anyone, if I do it stays with me until I pay it off. I owed someone 0.10 and and bother me for a week until I saw the girl again to give it back to her.
Also the bible tells us not a borrow or lender be. Its amazing the finacial advice thats in the GREAT book

]]> By: madonnaearth http://www.punchdebtintheface.com/2010/01/douche.html#comment-2916 madonnaearth Thu, 07 Jan 2010 23:35:32 +0000 http://www.punchdebtintheface.com/?p=802#comment-2916 I will loan a small amount of money to people I know once. If I don't get it back, I never loan them money again. I have one relative who will do anything she can to help me if I need it, so if she asks for a loan and I have the money to spare or even if I'm getting paid next week, I just give it to her. I will loan a small amount of money to people I know once. If I don't get it back, I never loan them money again. I have one relative who will do anything she can to help me if I need it, so if she asks for a loan and I have the money to spare or even if I'm getting paid next week, I just give it to her.

]]> By: RainyDaySaver http://www.punchdebtintheface.com/2010/01/douche.html#comment-2932 RainyDaySaver Thu, 07 Jan 2010 21:58:01 +0000 http://www.punchdebtintheface.com/?p=802#comment-2932 I lent my brother money when I was 19, and that's the only time I've even done a "personal loan." Definitely consider it a gift -- if you can't afford to not be repaid, you can't afford to lend it and chance that you'll never see that money again. I lent my brother money when I was 19, and that's the only time I've even done a "personal loan." Definitely consider it a gift — if you can't afford to not be repaid, you can't afford to lend it and chance that you'll never see that money again.

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