How generous are you with money?

Not very generous I have to admit.
I’ll always buy things for friends and family quite regularly, and give my siblings a quid or two when they need it. But I don’t lend money to friends.

I don’t like to give out money to everyone I know. Instead of giving it away, I like to do good deeds for people and buy them things.

I have lent large amounts twice. 5 and 10k, to the same friend who is reliable.
The first I forfeited interest, the second it was a short term thing of 3 months and they paid me $500 interest. I am generous with my daughter, but, she is paying me back on a loan right now.

Usually though I prefer not to lend, and in the case of my daughter, I have given unsolicited ‘gifts’, but, she has only asked for a loan once. It’s all good.

Depends on how much money I have. When I’m broke, I’m usually a miser until I get wealthier again (that’s exactly how I manage to become wealthier in the first place). Once I have a lot of money, I am very quick to buy things for people and share things I buy for myself. I don’t, however, ever lend money to people because I have had issues with people not paying me back. I also don’t give to people who beg on the streets because my city has a problem with scam artists. There is a local underground “bum school” where people go to learn creative ways to look pitiful so passers-by will give them handouts. I’m not joking. The local police have documented the whole thing.

I only “lend” what I can afford to lose. I always tell those to whom I give money, “Pay me back when and if you can. If you can’t, that’s ok too.”

For ages we just didn’t have any money to spare. Now that we have a bit of cushion I am more likely to give people great gifts than lend them money. I’ll cover lunch, a movie etc. I know the people who will reciprocate.

I have a tendency to not lend money. I think it can ruin a good friendship. For the few people who have been truly in need I just give the money to them.

I’m not sure how I’ll be with my kids. I think it is important to stand on your own two feet. My husband and I went through some really rough times and we didn’t borrow money. We cut back and back and learned to live a simple life. That’s a healthy lesson to learn.

@CaptainHarley Great principle. Same thing I’ve been doing since started working after college. : )

Ditto @CaptainHarley Don’t lend money to anybody unless you care so much for them that you can let it go if they don’t or can’t pay you back.

I’m generous when I have money to spare and very frugal and tight when I’m insecure about how much I’ve got.

I wouldn’t say generous exactly, but my husband and I are currently providing the majority of support to my youngest son, his two boys and wife, her mother and grandmother, and two of my adult grandsons, plus helping their mother out with car expenses.

My son is unemployed, and the rest of his family is unemployable. The two elderly women are receiving SSI and SS. One of my adult grandsons works part-time, the other receives food stamps.

Yes, I agree, don’t lend if you can’t afford to lose, or, a relationship is at stake.

I am a generous person though, it makes ME happy!
90% of the fun of winning the lottery would be in spreading it around to friends, family and the community, charities, etc. :-D

I only lend to friends who see constantly and I know will pay me back. Haven’t run into any problems…Yet. But the best way is in my mind “neither borrow nor lender be” and so on.

It depends on a lot of things. -Who the friend is, how dependable they are, how much they want, and what they are using it for. I love buying little gifts for my friends or treating them out to a meal or coffee. I know most of my friends would never ask for a large amount of money unless they knew they could pay it back. I like to be as generous as I can, however I also put my best interests first. Right now I am unemployed, but I still like to do little things. For example, I know my mom likes hydrangeas, so I picked her up some the other day as a little surprise for her. She knows I don’t have a lot of money so she knows what it is for me to buy something I don’t necessarily need. Also, going a little off topic, generosity can be given in other ways besides money. Sometimes just being there or helping out is more thoughtful than the exchange of money.

Very generous ..which is partially why I don’t have a lot of money. I’m working on it though.

For a long time I was giving too much – at the cost of my own basic needs (I always made sure my companion animals were healthy though, go figure). In the last few years, I’ve had to quit all monthly monetary charity because we were so short on money. It was very hard for me to do – I had a difficult time not feeling selfish.

I don’t lend money to anyone anymore. I give money without the expectation of return.

I only lend if I don’t need the money back and I expect to never see it again. That way, nobody gets upset if a loan isn’t repaid. In saying that, if someone kept asking I wouldn’t keep giving. If a friend really needed money and I had it, I would give it happily but not if I felt they were using me as a bank.

It depends on my relationship with the person. If the person is always making me buy things for them, then I’ll become agitated, but otherwise, if it’s someone who likes to buy me things, I’ll like to share my money with them too.

I’ve never had to lend large amounts of money before though, so I can’t answer that part. Usually I lend to people I know will pay back, but sometimes when they don’t.. I just try to forget about it and not seem stingy.

If I have enough money to get through the month myself then I am happy to help a friend out within reason. My best friend and I have each others bank details so that we can call the other up in times of need and say “mate can you pop a tenner in my account and I’ll pay you back when I can”.

@Leanne1986 Wow, what sweet friendship you got. : )

@mazingerz88 Yeah, she’s a good egg! :)