The etiquette of borrowing money

Don't you hate it, how quick some people are to borrow money, and how slow they can be at returning it? The power play is reversed and suddenly we're the ones embarrassing ourselves as we try to find ways of casually reminding them of their debt.

Borrowers with no regard of paying people back as soon as possible tend to be the kind of people with little value for money – probably spoilt. What they don't understand is that their friend is compromising their own spending habits while they do without the money they lent. Even if it was just sitting in the bank, that's interest lost. If it was something substantially expensive like a concert ticket bought over the internet with a credit card, that's interest being charged.

You think it's an even exchange frozen in time. In reality they're losing more money than they lent you. And they probably value your friendship too much to bring it up and make you feel guilty about it.

That person did you a favour. It's not up to you to pay them back at your convenience. If you can afford to be shopping, drinking, clubbing and going out to dinner in the interim – then you can afford to pay that person back.

Love, Noeline
xox