I am a gold lender because I own more gold than I can use in my own trade. I
desire my surplus gold to labor for others and thereby earn more gold. I do
not wish to take risk of losing my gold for I have labored much and denied
myself much to secure it. Therefore, I will no longer lend any of it where I am
not confident that it is safe and will be returned to me. Neither will I lend it
where I am not convinced that its earnings will be promptly paid to me.

The Richest Man in Babylon

Only lend money you have as a surplus

Money is a precious commodity and it should be treated as such. Only lend money to people you know and trust and be sure that you can afford to lose the money if they don’t repay you.

The case for only lending money you have as a surplus

There are a few key reasons why it’s generally advisable to only lend money you have as a surplus. Firstly, if you don’t have a surplus of cash, lending money can put you in a difficult financial position. Secondly, if the person you’re lending money to doesn’t repay the loan, you may find yourself in debt. Finally, even if the person you’re lending money to does repay the loan, there’s always the risk that they may default on the loan, which could leave you out of pocket.

The benefits of only lending money you have as a surplus

There are many benefits to only lending money you have as a surplus. For one, it helps to ensure that you will never be in a position where you are struggling to make ends meet because you have loaned out all of your extra money. Additionally, it can help build good relationships with others, as they will be more likely to trust and respect you if they know you are not putting yourself in a difficult financial situation in order to help them out. Finally, it can give you a sense of financial security, knowing that you have a cushion of money that you can rely on in case of an emergency.

The drawbacks of only lending money you have as a surplus

There are a few drawbacks to only lending money you have as a surplus. First, if you have a small surplus, you may not be able to lend a large amount of money. Second, if you only lend money you have as a surplus, you may not be able to earn interest on your money. Finally, if you only lend money you have as a surplus, you may not be able to help out a friend in need.

The bottom line on only lending money you have as a surplus

Many people choose to only lend money that they have as a surplus. This means that they will not lend money unless they have extra money that they can afford to part with. This can be a good strategy if you are not comfortable with the idea of lending money and not getting it back. It can also help to ensure that you do not end up in a difficult financial situation if the person you lend money to does not repay you.