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Re: Add on from previous thread about my friend -
April 18th 2021, 10:30 PM
As I said in that same thread, it is the absolute worst idea to give people money of any amount! $5, $20, $350, $10k; whatever it is, there's always going to be something weighing on the giver's shoulder... that need for a return on the loan or gift — which this was. How you are feeling right now, wondering if you'll ever get that $10K back, is exactly what I see in so many episode of those mid-afternoon courtroom drama shows.
Person A (plaintiff) suing person B for money they "loaned" them.
Person B (defendant) is saying that Person A gifted them the money when it was needed.
Person C — the Judge — is shaking her head because how many times does this need to happen?
It was a gift you gave your friend when he needed help. If you were expecting money back, then that becomes a loan; not a gift.
You are perfectly valid to how you're feeling, because I'd be feeling kind of foolish too! Maybe you weren't expecting him to pull in the amount of money that you paid him in such a short amount of time; and you're almost like... hey!
This is a good lesson learn... I'm sorry it had to be the hard way, but it is what it is.
Never give people money, either as a gift or a loan, because there's always some sense of confusion.
The only thing I would ever gift of monetary value would be a gift card to Starbucks or a restaurant — never more than $50.
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