Pastor Bolaji Idowu explains why lending money to friends is a mistake, noting that it can easily strain a friendship.
This insight was shared during the program titled Filling Financial Gaps at Harvesters International Church.
Bolaji Idowu emphasizes the importance of financial discipline and believes it is not wise to lend out one’s hard-earned savings, especially to those who may not be responsible with their own finances.
Instead of lending money,Bolaji Idowu prefers to give what he can spare without expecting repayment.
He cautions that borrowers often resort to emotional manipulation to avoid returning the money, highlighting the potential pitfalls of lending to friends.
See reactions to the video here
promise_akabudu said: “It’s all fun and games until you are the one that needs to borrow. Just use discernment and your discretion is all, table turns.”
michael._u wrote: “You don’t even need such friends to be honest. People that can’t keep to their word/not trustworthy should be far away.”
nwadiuto.amaka agreed: “💯I’m currently not in talking terms with a friend because I asked for the ‘ordinary 15k’ I borrowed her. It became ‘ordinary’ because I asked for it which meant I was disturbing her. I sha left the money and the friendship for her after all the insults.”
henry_aniegboka_ stated: “It’s better to be called stingy, cus as Nigeria dey you fit loose the money and the friend 😂😂”
dee_touchofbeauty commented: “I’m sorry but I don’t agree..if it’s my very close trustworthy friend.Nahh..plus i no fit borrow person wey no fit borrow me…We have always needed money one point in our life. if everyone was like this how unfit survive.Borrow people that have proven to be trustworthy!!!”
