Borrowing money from friends and relatives


Well-known member
In our culture, relatives and friends are the first line of support aside from the family. When one needs money, it is the best friend that is sought for financial help. One financial adviser said that this culture is not good because it is like tolerating people to borrow money. When there is something to buy that is not really essential, one will borrow money simply because there is the rich friend or the wealthy relative. I agree that having no such support can make you endure the lack of money.

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