Wednesday, March 10, 2010

“Money & Friendship”

Some people believe that it harms a friendship when one borrows money from a friend.

Do you agree or disagree with this opinion and why? Use specific reasons and details to support your view.
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I strongly agree to the above. In this essay I shall elaborate my view point.

First of all in this time of money crises every one is under great pressure. None has spare money to lend. Secondly everyone must plan expenses in proportion to one’s earnings. In bare necessity one can take loan from banks. People do not want to borrow from money lenders and banks because of three reasons: - (a) Payment of high interest rate, (b) Time bound repayment, (c) Failure to repay results into penal interest and legal litigations and court cases. When one borrows from a friend there is no payment of interest, borrower is least bothered about time bound payment because lender friend shall not resort to legal action though he suffers money hardships. Asking a friend to lend money reflects sheer selfish motive of the borrower. “Selfishness & Friendship can’t go together”. In light of friendship lender friend may not remind for returning money thus relations may be strained.

Also money is the root of all evils. Any hot argument in connection with, return of money between two friends may result into offences like stabbing or killing thereby resulting into miserable consequences for rest of the life.

Summarizing, I strongly opine that one should always “cut according to cloth” and spend in proportion to ones income. Secondly one must save regularly in order to meet with any contingencies. After all a friend also have his own expenses and responsibilities towards his or her family. It is not at all justified to borrow money from friends and any such borrowing money may harm the friendship.

(270 words)