Question: What To Say To Someone Who Wants To Borrow Money?

What is a nice way to ask for money in a nice way?

3 Ways To Politely Ask For The Money That Someone Owes YouYou can ask them what use they have put the money to.

This is obviously going to remind them that they owe you money, and in case it genuinely simply skipped their mind, the best case scenario will be that they return it right then and there.

Ask them to cover for you someplace.

Give them a polite reminder..

Why you should never lend money?

The main reason to not lend money to someone is that you may not get it back. If someone asks you for money, it may be they haven’t handled their own finances wisely and/or a financial institution won’t give them a loan. … If you then make the loan and are not repaid, the relationship could be in jeopardy.

How do you say no professionally?

Here are 10 ways for you to say ‘NO’ in a polite manner:I’m honoured but I can’t.I wish there were two of me. … Sorry, I’m booked into something else right now. … Sadly, I have something else. … No, thank you but it sounds lovely, so next time. … I’m not taking anything else right now.More items…•

How do you say no when someone asks to borrow money?

How to say no when family or friends want to borrow moneyLISTEN FIRST. If you say no too quickly, your friend or family member might feel ignored, hurt, discounted or insulted. … ASK FOR TIME. If you feel pressured to say yes, offer to think about your decision for 24 hours. … MAKE A RULE AND STICK TO IT. … BE FIRM. … DON’T EXPLAIN OR MAKE EXCUSES. … OFFER OTHER AID. … RELATED TOPICS.

How do you politely refuse someone?

How to reject someone nicely “‘ I think you are a wonderful person, but I just don’t feel any attraction for you. … ” Straight up and honest. … “‘ Sorry but I’m not interested in a romantic or sexual relationship with you'”. … “‘ I’m not interested in dating right now, but thanks that meant a lot’.” … “‘ … ” … ” … “More items…•

What is a good excuse to borrow money?

If you’ve got family that can afford to foot the bill, school is a very good excuse to borrow money. Anyone can fall ill at any time or have an accident that lands them in the hospital. Without health insurance, hospital bills and medication can easily break the bank and put you into debt.

Is it wrong to ask family for money?

Here are tips for navigating how to ask your family for money and work on paying them back: Do have a plan: Don’t just ask for cash, figure out how you’ll pay the person back. “Have a valid reason why you need it, how it will help your situation and a plan on how you’ll pay it back with a timeline,” says Malani.

How do I ask a friend to loan me money?

With that in mind, here are some thoughtful ways to approach friends for a loan.Ask for Advice First, Services Second, Money Third. Money is not the only assist your friends can provide. … Put Your Friend at Ease. … Be Specific and Truthful. … Put It in Writing. … Return the Favor …

How do you reject someone nicely?

7 expert tips to reject someone nicelyBe honest. They don’t say that honesty is the best policy for nothing. … Prepare yourself. … Do it face to face. … Stick with “I” statements. … Know that what you’re feeling is normal. … Avoid putting it off. … Don’t give false hope.

How do you say no gracefully?

Here are some easy phrases and methods you can use to say no gracefully, to pretty much anything:Oh, no thanks.Oh, thanks, but I can’t.I have to pass on that.*Silently pass the donation/fundraiser form on to the next person after looking at it briefly*Sorry, I can’t make it.Sorry, it’s not in the budget right now.More items…•

How do you politely refuse to lend money?

When you speak to your friend or relative, firmly explain that you’re not able to provide him with a loan. For example, “I’d love to help, but I’m just not in a position to lend you the money right now.” This is short and to the point and does not give your friend or relative much room for argument.