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Having knowledge of lending money is one of the most critical things in life. It helps you to save that money were to get lost when you had lent to unnecessary people. In life, there is a group of people to whom you need not lend money to them because they won't return. We as a human being, we need to say NO to some people mostly when to is not appropriate if we want to be rich and financially independent for a long time. Below are some people you should not lend money to them.
1. A liar - a liar is someone who never fulfills its promise. They tell you by next week they will return your money but they don't live by their words. Lending money to such people leaves you in shambles; this is because they don't fulfill their promises. You will be uncertain about when they will return your money because of untruthful ways.
2. An unemployed person - an unemployed person who doesn't have income inflow. They don't work but they are there to be fed. Never accept their plea in lending money. This is because there will be high chances of them not returning your money because they don't have an inflow of income.
3. People who spend money extravagant - never lend money to someone who is not economical. It is easy to identify who is a careless spender. The way someone presents herself or himself you can easily identify if he or she is economical or not. They like to borrow money and spend on luxurious things and not basic things. The reason you should not lend money to them is that they don't value it. If you lend money to such people definitely, you won't get back.
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