Our friendships are supposed to be sources of joy, but when money gets involved, it often complicates things to the point where we don’t know if a person can be trusted or not.
This is the dilemma shared by a user nicknamed Goldilock1234 on Mumsnet’s Am I Being Unreasonable forum, where she recounted a tricky situation with a woman she has known for a very long time.
The single mom recently received additional funds and gave her friend a substantial sum to cover an urgent mortgage payment. But as time passed, tensions arose, and the simple favor turned into a source of stress.
Image credits: Ave Calvar (not the actual photo)
Image credits: Getty Images (not the actual photo)
Image source: Goldilock1234
Earlier this year, Bread Financial, a financial services company providing payment, lending, and saving solutions, conducted a study and discovered that lending money to friends can, indeed, come at a high cost.
More than half (57%) of respondents reported borrowing money from friends at some point, with bills being the most common reason at 63%.
However, nearly a third (30%) of these borrowers also admitted they have never repaid their friends. This often leads to friction in friendships, with 33% of respondents indicating that repeated borrowing without repayment was a top driver of relationship tension.
Among the most interesting findings, 21% of the 1,670 people surveyed have lost a friendship over money, and 26% feel they are financially incompatible with their friends.
Image credits: Curated Lifestyle (not the actual photo)
People were really supportive of the woman
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