We have that experience when somebody would come to us and try to borrow money for various reasons. It is one of those moments when I used to impulsively say YES because I did not know how to say no.
Honestly, this has been my problem. There were times when I lent money and I did not get it back. And there were times that there were repeat borrowers.
I tried to overcome this by researching on the web the different ways that I can say no. It was not easy to do this. And it wasn’t an overnight process. I would actually practice mentally the line that I was going to say. I know some people were probably surprised when I started saying no without saying no.
A good friend suggested to me that I shouldn’t give details on why I am saying no. It turns out she was right.
Here are the lines that I used to politely refuse lending money to people.
- “Pasensya na, madaming gastos.”
- “I’m sorry but I value our friendship.”
- “Madami akong bayarin.”
- “Pasensya na.”
Ever since I started to say no without saying no, I eventually became used to it. In fact, I would consciously remind or ask myself if I am in a position to lend money. This is because I live on a budget.
This new habit has certainly empowered me. Everytime I politely refused, I was in fact saying YES to myself and to my financial well being. At the end of the day, it is just me fending for myself and my daughter.