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I went through a period where I loaned money to anyone that asked me

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Re: I went through a period where I loaned money to anyone that asked me

#211

Earlier quoted context omitted.

The financial disconnect in tech versus the rest of society is crazy. Casually handing out $7k is a wild statement for most of the world.

But that's irrelevant, it was not a big loan for the OP.

Relationship dynamics change when money gets involved. Especially when its a lot of money for at least one party.

Re: I went through a period where I loaned money to anyone that asked me

#212

Earlier quoted context omitted.

> She thought I was crazy and was laughing cause I had been conned by an ex. I then explained if I never saw my $40 again it was money well spent. One less person in my life bringing with it their chaos I was surprised by some of this, especially this last part. Firstly, $40 is not a lot of money. Hardly a "big con". Second, I think the "money well spent" part is that you helped her in some small amount, when it was…

>Second, I think the "money well spent" part is that you helped her in some small amount, when it was obvious she was suffering, and you didn't expect anything in return. Let's be clear here: the "out of gas" story was almost certainly a lie and OP knew it. He helped her buy a small amount of drugs. I have a sibling struggling with drug addiction for the past 6+ years, constantly "borrowing" money from others and nev…

I have a brother with schizoaffective disorder who is homeless and uses meth. I'm not naive. But I stand by what I said.

Re: I went through a period where I loaned money to anyone that asked me

#213
post #65

Earlier quoted context omitted.

Eh. He was a junior designer when he was fired. And if Carmack felt bad about how McGee was being treated at the company Carmack owned, he could have done a lot more about that.

3/12/98 ------- American McGee has been let go from Id. His past contributions include work in three of the all time great games (DOOM 2, Quake, Quake 2), but we were not seeing what we wanted.

Yes. Many people, including McGee, worked on those games.

And it is totally possible that his work wasn't sufficient to remain employed. It's possible he produced too slowly or not enough or his work needed help, etc.

Are those games still "all time great games" without McGee's contributions? Very likely. Without Carmack and Romero, that's a different story. And even though Romero had no input on Quake 2, it's built off of Quake, so it carries a lot of that with it.

And the whole question is complex. These games sold well. McGee did work for these games as an employee. Does he deserve a percentage of sales? If so, how much, etc? Or is it much the case with the people who worked on Microsoft Word. It was a job and they did their part and were paid for that part. I don't see anyone trying to get the Office team a percentage of Office sales, even though that would make some people fantastically wealthy.

Re: I went through a period where I loaned money to anyone that asked me

#214
post #93

I loaned a close college friend $7000 last year. Due to life circumstances and lack of family resources, he was stuck in a rural area with no developer jobs. He was having trouble landing a remote job and I ignorantly asked why he wasn’t applying to in-person jobs on the west coast. He told me that he certainly wouldn’t be able to afford to move and I told him “don’t let that stop you”. Fronting him moving expenses w…

I “loaned” a college friend a few thousand when they were in a tight spot (getting their life back after being charged with a crime they didn’t commit). I might be paid back someday, but I’m also perfectly happy for it to be a gift.

(I call it a “loan” because they preferred to think of it that way. I made clear at the time that it would be fine if they never paid me back.)

Re: I went through a period where I loaned money to anyone that asked me

#215

Obviously, it really comes down to who you're lending money to. I've lent money to a few people and generally been repaid fairly quickly. Mostly just a few hundred dollars to be repaid the next pay day, or maybe at tax return time. I suspect a final small repayment may have been missed here and there because those involved (myself included) forgot, but that's about it. The largest loan I made (a few thousand dollars)…

Thanks for sharing this story.

Re: I went through a period where I loaned money to anyone that asked me

#216

Earlier quoted context omitted.

But that's irrelevant, it was not a big loan for the OP.

It was for the recipient. And the recipient is the one who'll be feeling the pinch (stress, anger, etc) of paying it back. $7,000 / 24 = $300 (roughly an extra car payment)

I am sure it is very nice of you that you protect your friends from making the stressful and angering mistake of becoming indebted to you, but the OP is expressing an attitude towards money that makes it sound like it is less of a mistake to be indebted to them.

Re: I went through a period where I loaned money to anyone that asked me

#217

Earlier quoted context omitted.

Why would you pay so much just for them not to annoy you? That seems a very high price for some peace and quiet. I would just cut off contact with those people. I don't really get this much because I'm not rich, but if people ask me for loans just to get money out of me I will be the one breaking off contact. On the other hand I have a friend of mine who has loaned money and never paid me back, but she is always in a…

Guessing from the username Monero-xmr, they accidentally found themselves in the $100-millionaire bracket. More money than a person could spend in a lifetime. What do you do with that kind of wealth?

Fair enough, I suppose it really changes your view on money (though I notice that super rich people I know are actually less generous in general). For me $1k would really be a lot especially just for someone to shut up.

Re: I went through a period where I loaned money to anyone that asked me

#218
post #35
post #8

Earlier quoted context omitted.

That is so surreal to me. I had to loan money from friends for real emergencies and always made sure they get paid - often more than they gave. How can one not be guilt-ridden until their deathbed?

If you're struggling, and get $1000 from someone who made $100M on crypto, would you be in a hurry to pay them back, or even care at all?

They say "don't count other peoples money". Loan is a loan. Ask for a gift if you want charity.

Re: I went through a period where I loaned money to anyone that asked me

#219

Earlier quoted context omitted.

But that's irrelevant, it was not a big loan for the OP.

It was for the recipient. And the recipient is the one who'll be feeling the pinch (stress, anger, etc) of paying it back. $7,000 / 24 = $300 (roughly an extra car payment)

That's why the recipient should think carefully about how valuable the purchase is.
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