FAQs
DON'T EXPLAIN OR MAKE EXCUSES.
Doing so only opens the door to a discussion and prompts your friend or family member to try to overcome your objections. Say, “I'm sorry, but I can't give you a loan.” When the person asks, “Why not?” just repeat your statement. Eventually, your friend or family member will stop asking.
How to reply when someone asks for money? ›
when someone asks you for money, don't just try to reply yes/no. instead ask them the reason, if you feel they are really in need you can help him/her. if you feel the use is not necessary then say it and deny.
How to respond when someone asks how much money you want? ›
Hold your ground with a non-response
Avoid revealing your desired salary or salary range if possible. This way, you don't sell yourself short and have a better frame of reference to negotiate from.
How to politely decline a request for money? ›
Make it a Policy:
Make a policy to NEVER loan people money or co-sign loans. When someone requests help, just say, “I have a personal policy to never lend money to friends or family.” If they ask why, you can say, “My relationships are too important to have money come between us.”
How do you politely reply to a request? ›
Here are few i recommend:
- Just wanted to follow up on…..
- This is a friendly reminder about…..
- Hope this message finds you well. I'm following up on…..
- Wanted to circle back on my previous email about…..
Five Ways to Respond to Requests:
- Yes.
- No (Here's a post from Alexander Franzen on How To Say No To Everything. She gives some lovely examples on how to frame a No in the kindest, clear way.)
- Stall for time. "I'm not sure. I need to ______. Can I get back to you?
- I can't do that, but I can do this.
- No response.
While it can be uncomfortable to deal with requests to borrow money, there are some actions you can take that might make it easier.
- Only lend what you can afford to lose.
- Set clear expectations and terms for repayment.
- Put the agreement in writing and have both parties sign it.
How to Answer, 'What's Your Expected Salary? '
- Research the market and salary trends.
- Consider giving a salary range, not a number.
- Diplomatically turn the question around.
- Now it's time to give a number, not a range.
- Always be truthful.
A flat “No” to their request might seem rude and uncaring. Instead, try something like, “I'd like to help, but I don't have any cash.” It's respectful, and it allows you to avoid feeling like a villain. Ask the beggar what they need. You could give your spare change, but you can't control what it will be used for.
What to say when a stranger asks for money? ›
How do I say no to people who ask for money (loan) from me? “No, sorry, I can't do that.” Say it clearly and directly, and be prepared to repeat it a few times before they accept it. You don't need to give a reason.
If you're constantly dealing with friends who ask for money to fund their desired lifestyle, you may begin to feel that you're being taken advantage of. So it's okay to set boundaries and specify that you're only willing to give friends and family money in situations where there's a genuine need.
How do you ask for money without seeming rude? ›
Crafting a Polite Request For Money
- Be transparent: Be open and honest about your financial situation and your need for money. ...
- Be specific: Be clear about the amount of money you need and the repayment terms. ...
- Show gratitude: Express your gratitude for the person's consideration of your request. ...
- Follow-up: ...
- Respectful:
Examples of politely declining a request
- "I understand the need to meet with a new client on short notice. ...
- "I understand the importance of beginning this project right away. ...
- "Thank you for the email. ...
- "Thanks for contacting me, and congratulations on applying for a new position.
Here's how to politely decline someone borrowing money:
- 👉 Keep Your Financial Status Private. ...
- 👉 Consider Your Relationship with the Borrower. ...
- 👉 Don't Be Pressured Into Saying Yes. ...
- 👉 Just Tell Them You Don't Loan Money. ...
- 👉 Practice Saying No. ...
- 👉 Listen and Empathize. ...
- 👉 Give Yourself Time to Think of an Appropriate Response.
You can say "no" firmly without being rude to the person making the request. Sympathize with the other person while being clear about why you're declining. Provide an honest reason for saying "no" and be gracious in your response to show respect for the other person.
How do I reply to a payment request? ›
Thank you for reaching out about the payment status for invoice [Insert Invoice Number]. I'm pleased to inform you that this payment is currently being processed and will be cleared by [Insert Date]. Thank you for your understanding. Please reach out if you have any additional questions or concerns.
How do you respond to a funding request? ›
Be clear and concise.
Tell the requester that you appreciate their request and know their cause is worthy, but give a sensible, well-considered answer.
How do you respond to someone sending you money? ›
What to Write in a Thank You Note for Birthday Money
- Thanks for your present! ...
- I'm so grateful for your money gift! ...
- The greetings and your present truly made my day, thank you! ...
- It was lovely to get this money gift. ...
- It was so exciting to share that celebration with you!
Tips when asking for your money back
- Be direct and honest: Don't beat around the bush. ...
- Be understanding: If your friend struggles to repay you, offer to work out a payment plan to give them some extra time.
- Set a deadline: When you ask for money back it's important to set a deadline for repayment.
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