How to Say No to People Who Want to Borrow Money

MoneyMax.ph

Posted at Dec 12 2018 04:59 PM

Tired of people asking you for a loan for the nth time? Wondering how you can properly refuse family and friends who want to borrow money again?

Borrowing money is part of Filipino culture, and almost 22 percent of Filipino adults borrow money from family, relatives, and friends, based on the 2017 Bangko Sentral ng Pilipinas financial inclusion survey.

There are diplomatic ways to say no to family and friends who want to borrow money. Below are some suggestions.

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