Essay on Do you agree there are two ways to lose our friend one is to borrow,the other is to lend
Answers
Answer:
Neither a borrower nor a lender be.” These famous words came from Polonius, Shakespeare’s chief counselor to King Claudius in Hamlet. As Polonius gives some fatherly advice to his son Laertes, Shakespeare gives some timeless advice to us: Do not lend money to friends.
Why shouldn’t we lend money to friends and family? Polonius answers that in his next line: “For loan oft loses both itself and friend.” Polonius knew that a loan to a friend or family member often results in the loss of both the money and the relationship.
In fact, loans between family members or friends can result in an entirely unexpected set of problems. Consider the following 10 reasons not to lend money to friends and family, and some tips to help you with damage control if you do agree to loan money.