Lending Money out at Work PDF Print E-mail
Written by Richard Mbuthia   
Friday, 13 April 2007

Your colleague at the workplace is short of cash. Going to the Accounts office for a salary advance is out of the question for he was there just last week. He decides comes to you.

"Hi, bro, do you have a minute?" he says, his eyes searching your face.

"Sure, can I help you?" you say, putting your pen down to look at him.

"Well, I have a slight problem and I believe you can help a brother out."

You are all ears now as you half think - half guess what he is driving at and try to work out a reply. But as it were, he is a 'professional' at this game. He has done it so many times that he doesn't suffer from a 'conscience pinch'.

"Lend me some cash; I'll pay you back at the end of the month," he blurts and, unflinchingly, waits for a response.

You've heard about him and how he 'handles' people's money. He's known for doing a moonlight flit the moment he senses someone is coming for their money. As he stands there before you, with a woebegone expression on his face, you find yourself asking him "How much do you need?" against your will.
..........

Two months down the line and he still hasn't paid you. Every time he sees you coming he pretends to be so busy and not able to see you. You pretend not to see him too. It is not because you don't want your money back, but you find it hard to 'face' him about it. You secretly wish there were a debt collector you could hire to do the murky job for you. In the long run what started as an act of 'helping a bro in dire need' creates a rift between two workmates.

There are so many guys who behave like our guy here (let's call him John). This sours many relationships at our places of work. These Johns don't give a hoot about good money sense: when you borrow money be sure to return it as soon as you should. There is nothing closer to a man's heart than his money. So when you play around with it (don't pay back in time) you are, in essence, doing yourself a disservice.


A disservice?! Yes, and rightly so. You'll need this guy's help, either directly or indirectly, in future. And best believe, you'll be in a better position if you don't burn the bridges you have crossed because you just don't know when you might need to use them again.




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written by Masaa , April 15, 2007
Ha ha.It is not only at the workplace that this problem is common.There is this chick who I considered a very good friend of mine who once borrowed a huge sum of money from me with the promise of paying me back.I willingly did so respecting her enough and trusting her to keep her end of the bargain to pay it ASAP.I she had involuntarily mentioned to me a while back how she used to leech the men she went out with but since I knew I was not going out with her, I would be spared the same fate.
Lo behold! I was terribly wrong.When the time came to pay, she used to avoid me like you would avoid me like a leper.
I decided it was less stress following her than going out and earning that money back...and boy was I in need of the money.
It is now 4 years running and never heard a word from her.
I just said to myself, God looks over his people so kama hataki kulipa, fair enough....but it sure sucks to be shafted like that.
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written by Kamale , April 15, 2007
"Neither a lender nor a borrower be!"

I refrain from lending money, but when I do, I always first assume that it is some form of insurance as that could be the last time the person ever borrows from me. As I normally do not expect to be re-paid, I never give large enough sums of money which means the loss to me would be minimal. The loss however is considered a form of an insurance premium that if you do not repay, then that is the last time you will ever come back to me to borrow however sorry your story is!

Works all the time.
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I agree with you
written by Richard Mbuthia , April 15, 2007
Masaa, I agree with you about this whole shooting match. I was 'inspired' to write this piece 'by' a friend of mine who decided not paying me back my money was the name of a new best seller. I decided I would not 'run' after him any longer. You know what they say: Needing someone is like needing a parachute. Chances are that you won't be needing them if you they don't come to your rescue when you really need them. You catch the drift!
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Once bitten, twice shy
written by Ssembonge , April 15, 2007
More than 10 years ago I lent what I considered to be a large sum of money then to a trusted friend. To this day even though we are in contact, he has never repaid me. Even though the amount now sounds trivial, it was a lot of money to me then.

I learnt my lesson then. I only lend an odd tenner or fiver if someone doesn't have change. I'd rather give someone money to help them than lend it to out. Because of this I have parted ways with 'friends' whom i refused to lend money. Better to lose a friend than to lose a friend and my money.

The other thing I hate is when someone asks you to buy them something and they will pay you. While most people pay promptly I've had to deal with a few cases of people not bothering to pay me.
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Dont lend, just give
written by Honey Rider , April 15, 2007
If people are serious about borrowing, they know where to go...like a loan or those sharks called 'pay day loans' or shy locking. Period.

I don't lend people money, I just count it as given to them, that is if they ask. I don't even ask back. I also don't tolerate giving people money. I try to avert their immediate need and force them to now find the money to pay!

All in all, stinks!
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Silly lenders
written by jayawardene , April 16, 2007
I am currently out of work and I blame my predicament on the silly so-called work-mates of mine who are always eager to lend me money.

I have borrowed from 31 people in accounts (where I worked), sales, admin and even HR. I owe the managing director of GPF limited* a huge sum. His wife, who is also the company secretary sold a valuable item of jewellery in order to lend me some money when I was in a fix, and she hasn't told him yet. I am banned from most popular drinking spots down-town because of my credit woes.

My problem is that I am an addicted borrower. I just cannot help myself. When I borrow I am generous to a fault. People like my company because I spare nothing to give them a great time. I love to dress well and my bling is all imported from North america. My last girl said she fell for my aftershave which I use plenty off.

When I am broke I am like a wounded animal. My large tearful eyes convey a very sympathetic expression. I go into a trance and then I can spin a story so sweet(tear-jerkers are my speciality) that most times people force me to take their cash. They then turn round after a few months and bad-mouth me when I am unable to pay.....ungrateful sods
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re: Silly lenders
written by jayawardene , April 16, 2007

I owe the managing director of GPF limited* a huge sum.




*not a real company, by the way.
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written by Masaa , April 17, 2007
I agree with most posters here, big sums should be a no go.The problem comes in because I try to look at each person as an individual and hope it will go well since most of these people really are in need when they come for the money so I give in to their shidas and give them some money.

It is only later on that I see what kind of people they are.

I even remembered another case of a borrower, came to me needing money to go home saying she has been working that month and the money which was supposed to be out by the time she had left the country will be transferred directly to my account. Lo and behold! The lady had not worked that month, she had left with a huge amount of money and I was shafted.Yet again. I just said my prayers and went on.

Sometimes I get the feeling that when such things happen to me,God always pays me back in other ways....I do not know for sure , maybe I am just superstitious or I end up tightening my belt to make up for the lost money but it sure is painful to go through that.

Wewe jayawarende, you have some guts blaming everyone but yourself. Learn to keep your promises for God's sake.
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Last Updated ( Saturday, 14 April 2007 )
 
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