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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To have a rule not to lend money?

134 replies

Autumnbum · 16/10/2024 18:05

Long story short, I’m due to come into a lot of money I plan on paying off my mortgage but still should leave a considerable sum. I no longer work (early 40s) and this money is to last me the rest of my life. I won’t get a good pension because I only worked part time.
My best friends know about the fight we have been through and I haven’t disclosed the actual amount I will receive.
One of my friends is going through a nasty divorce, has stated that money is tight and she needs a new bathroom and kitchen, but then she’s dropped little comments here and there about how I could lend her money so she can sort her house out, this has all been said in jest and she hasn’t out right said can you lend me £££.
I have always believed that when you lend money it comes between you and ruins friendships, but then would she resent me for not even considering it? How do I say no without her resenting me?

OP posts:
MrsKwazi · 16/10/2024 18:13

Do not share your financial information with anyone, ever. Nothing good ever comes of it.

As for your friend, she is not your friend, so if she takes offence it is no great loss. Just tell her all the money is allocated, and leave it at that. Shit all conversations about money down straight away.

BCBird · 16/10/2024 18:11

No.one needs a new kitchen.and bathroom, unless the others are not working. Even so that is not ur responsibility

TeenLifeMum · 16/10/2024 18:10

I’ll always amazed by the cheek of people!

romdowa · 16/10/2024 18:10

Stop telling people your financial business. Just make it plain that the money is being put into your pension for your future and you have no accesses to large sums of money.

BabyCloud · 16/10/2024 18:10

To add - If she resents you then she isn’t a real friend and not a friend that you should have around anyway.

Loopylu60 · 16/10/2024 18:10

I agree, don’t loan money to anyone. Put the money in an investment account and tell her it’s tied up for the next few years, she doesn’t need to know any more than that

cestlavielife · 16/10/2024 18:09

She does not "need" new kitchen bathroom. Nice to have.
Just say no.

BabyCloud · 16/10/2024 18:09

I would shut any comments down and distance from them if I had to.
The absolute cheek of people these days - a new kitchen and bathroom would be thousands 😳

Whaleandsnail6 · 16/10/2024 18:08

Yanbu at all. Tell her the money is all earmarked and leave it at that.