Posted:
#1
I have a close friend who lost his job several months ago. He is tapped out
of savings, maxed out on credit cards and is getting desperate. He called me
last night in tears practically begging for a loan. He said he has no money to
pay next month's rent or bills. We live in the bay area and the cost of living
here is astronomical. As crazy as it sounds, he needs around 4-5 Gs just to
get him by for one month.
He's not one of my wife's favorites and she is against us loaning him
money. He has a history of cheating on girls (including a friend of hers) and
he's a bad drunk. Over the years, these two patterns of behavior have put him on
her shit list. We actually got into a big fight about helping him and she's not
budging on her stance. But, he's been a good friend of mine for a long time and
my conscience is getting the best of me.
I have roughly $10,000 wrapped up in my offshore account (the only account
my wife doesn't track). I am thinking about emptying it out and giving it to him
with a repayment date of; when he can afford it. This will get him by for a
maximum of 2-3 months. He needs to get by for at least 2 months because if/when
he does land a job, it'll be another month before he draws his 1st paycheck. He
told me that if I lent him the money, he'd start a repayment plan with me as
soon as he finds that job. He does have some employment prospects, but nothing
concrete yet. So, it could be several months to years before I'm repaid.
I've really been looking forward to the Bowl games and NFL playoffs.
Obviously, I am going to have to sacrifice one of my favorite hobbies and
selfishly - this is hard for me to do. But honestly, I don't think I'll be able
to sleep at night if I don't do this. However, if I know what's best for me, I'll
likely have to keep this from the wife. Again, I'll have my conscience working
against me - I don't like hiding things from her.
I've got a moral dilemma on my hands and feeling torn on what to do. I'm
looking for a little advice....What do you guys think?
0
Tough decision, cant make a call bc im not in ur shoes
....silk hit it best, offer what you can as much as you can without your real money being involved....
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