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A comment on John Carmack: I loaned money to anyone that asked me. Parent comment

Re:John Carmack: I loaned money to anyone that asked me by sillysaurusx on Monday January 09, 2023 @01:41PM (#34314204)
Sure. I didn't mean $7k specifically, but rather <amount you chose to loan>. Why loan someone a truckload of cash you can't afford to lose? It's kind of your fault at that point.

We helped my sister in law afford a down payment on a house. She still hasn't gotten a house after 6 months. Am I a bit miffed? Sure. But breaking off a friendship over a down payment seems absurd.

Life happens, and people tend to take a little while to figure it out. Who cares, it's not like we can take the money with us when we go to the next life anyway.

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Re:John Carmack: I loaned money to anyone that asked me by falcolas on Monday January 09, 2023 @02:02PM (#34314481)
Even if you're able to afford to lose it, setting the expectation that the loan needs to be repaid will stress the borrower. That can be enough, in my experience, to break a relationship.

Unless they're a sociopath, borrowing significant amounts of money from friends is usually considered to be a last resort, they're already in a bad place. Adding another monthly payment to their budget going to put them in a worse place.

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