Is Loaning Or Giving Helping?

Israel has a friend who’s asked Israel to loan him $5,000. Israel doesn’t have $5,000 to loan him, but he’s willing to give him $1,000. Should he do it?

QUESTION: Israel in Georgia has a friend who’s asked Israel to loan him $5,000. Israel doesn’t have $5,000 to loan him, but he’s willing to give him $1,000. Should he do it? Dave doesn’t have a problem with giving someone money, but he wouldn’t loan it.

ANSWER: If you’re willing to give this guy a fifth of what you have, I’d want to know that it saved his life. It sounds like he’s out of control with his money and you’re not. I don’t know that you’re necessarily helping him, but if you want to give him some money then do it. But there’s no way you make a loan. Certainly don’t hand over all your money.

What you have to ask yourself is whether or not you are really helping this person by doing this. Or are you participating in their stupidity? I think there’s a good chance that it’s the latter. I think you can love him a lot better by saying you love him enough to not ruin your friendship.