Do I have to pay interest on borrowing money?

Have you ever borrowed money from others and been borrowed by others? Did you pay the interest?

When writing about Weibo last night, a good friend sent me Weibo, saying that he would pay me back.

More than a year ago, she called me to borrow money to do business. I gave her 654.38 million at that time.

Then she told me that I borrowed 16 months, and the interest was 200 per month. I want to pay back 13200.

I was surprised to see this figure. Oh, my god There are still benefits! So much interest!

I remember when she borrowed money from me, she seemed to say that she would give me interest. I thought it was just a joke. I didn't take it seriously, and I didn't pay attention to what she said about how to calculate the interest. I didn't expect it to be true, I didn't expect so much!

I quickly told her: Why are you so interested? Don't lose yourself!

She said: higher than the bank, but borrowing money is in the family interest.

Not just "high", but many times higher, okay? The annual interest rate of bank time deposits is only 1.95%, which means that the annual interest rate of 10,000 yuan is only 195 yuan. And the interest she gave me was more than 3,000 yuan in just over a year. How many times higher? !

I believe that when no one lends money to a friend, it is the interest of others. But if others give interest, everyone will be very happy.

2.

I suddenly regretted it deeply. I borrowed money and paid it back several times, but I never thought about giving interest to others.

I didn't quite understand the concept of cost at that time. Of course, now I know that cost is the biggest benefit you give up.

When someone lends you money, his cost is not only the money he lent you, but also the income he will use to do some operations to increase assets if he doesn't lend it to you.

Specifically, people lent you 10000 yuan, and originally planned to use that 10000 yuan to buy a p2p wealth management product with 9% annual interest. Because he can't earn 9% interest a year by lending it to you, his cost is not 10000 but 10900. If you borrow it for one year, it means that people are short of 900 yuan and short of 188 1 for two years.

Because we borrowed their principal, they can't use the money to buy other values or earn more interest in a year or two or even longer. Have we caused them extra losses?

If we give them back the money they borrowed from us, aren't we cheating them? And inflation, you actually don't pay back as much money as others lend you. Isn't that shameful? . .

And why did you cheat someone who was nice to you? Are you out of your mind? Has conscience been eaten ...

In this way, it is natural to pay interest when borrowing money.

I believe that most people who are reading the article should have this awareness, and I should be considered as a later understanding.

It's a pity that I was young and ignorant and did a lot of stupid things, and I hurt many good people unconsciously ... I really regret it now.

3.

If a few people still don't quite understand this practice and think it is too mercenary, then don't talk about money, just calculate an account from the emotional aspect.

It's very kind of a friend to lend you money. Some people say that you want to test whether a friend is sincere to you, so ask him for money.

There is a saying on the Internet that you never know how bad your popularity is unless you borrow money. It is often found that friends who usually have a good time refuse to borrow money (of course, some people really have no money, but that is your mistake. Why borrow money from others when you know they have no money? )。

But some people may not be rich themselves, but they trust you and want to help you. They are willing to give you a hand or risk not getting the principal back. How kind it is! Of course, be grateful and repay them!

So we have to give them more than they gave us. This will first make us feel better, and it will also make them feel that it is worthwhile to lend you a helping hand at the beginning, and that you are a grateful person and this friend is worth making.

Then your relationship will be closer because of borrowing money to pay back the money, and it will be easier to borrow it next time. This is a win-win situation.

Do you think I won't lend my sister money if she needs it in the future? It's impossible. I'm definitely willing to borrow 100 million! (If I had so much money first, O (╯□╰) O. )

4.

Borrowing money can actually hurt feelings. Talking about money hurts feelings. So many people say don't borrow money from friends, and don't lend money to friends. It's easy to lose money. Often the money is lent out (or lent out), but the relationship is gone.

It would be even worse if you borrowed it and didn't pay it back. For the borrower, it is not worth the loss. How can this small amount of money compare with a good friend who needs timely help? If you get money, you lose a good friend, but you lose a lot.

For lenders, people and money are empty, money is gone, and friends are gone. It's really a loss of wife and soldiers.

This is a lose-lose situation.

However, sometimes life is forced, and the bank doesn't help, so it is understandable that you have to borrow money from your friends. Everyone has difficulties.

If you do something that is too risky, try to minimize the damage to your feelings. It would be great if we could enhance our feelings in turn.

So if we are borrowers, we must express our gratitude when we pay back the money, which will further our relationship.

It is suggested to give them some interest at a rate not lower than the bank deposit, invite them to dinner, give them a gift, and spare no effort when they need help. All these are ways to express our gratitude.

5.

To sum up, whether from the perspective of economic cost or from the perspective of emotion, interest should be added when paying back the money.

If you really can't talk about money naked, then you can pay your "interest" in other ways. There are many ways to be kind to others, but it doesn't have to be simple and rude money, as long as your friends buy your account.

You'd better pay interest when you pay back the money, do you agree?