Part 5/7:
The psychological implications of lending money can create a backdrop for conflict; it often shifts how individuals perceive one another. Family gatherings, originally free of tension, can develop underlying stress when money is owed. Observing a friend spend frivolously while still owing a debt can breed resentment, complicating what were otherwise strong connections.
Furthermore, there exists a philosophical argument regarding debt: “the borrower is slave to the lender.” This idea instills a sense of reluctance to engage in lending, as it can create a power imbalance that alters the fabric of the relationship. Understanding that money often complicates interactions leads one to believe that there are usually healthier alternatives to offering financial help.