Merits Of Having Friends Who Can Lend You Money - 550 Words

Merits Of Having Friends Who Can Lend You Money (Essay Sample) Content: DOES BORROWING MONEY HARM FRIENDSHIP?It was once said by a great writer that, No man is an island and that no man can actually stand alone. We all know that a true friend will always stand by you at your times of trouble and thus giving all due sense to the saying a friend in need is a friend in deed.Ever since people have argued that borrowing money from friends is bad and others say that borrowing money from friends is not bad unless one gets to return the money on time. Borrowing money from friends usually comes with its disadvantages in that the money lent to you comes with so many strings attached. The fruits or benefits per say of the money lent must be seen at the end of it all. Failure to this, leads in disbelief in the friendship. One of the friends might see the partner as someone who cannot prosper no matter what and this may lead to the two parting ways.However, borrowing money from friends has more advantages in that it there is a potential debt forgivene ss. One is not allowed to borrow...