Kielan | 23 | Portland, Ore.

Kielan only lends money to friends for emergencies

Photo credit: Cara Hopkins

Has money ever caused a problem between you and your friends?
Yes. Friends owe you money and they don’t pay you, and they don’t feel like they should pay you. It generally causes a problem.

So you’ve lent money to friends?
Oh yeah. I’ve lent a lot of money to certain friends and not gotten paid back.

Why do you continue to lend to them?
I don’t lend to them anymore—I don’t even talk to them.

How many friends has this happened with?
Two or three. I’m a pretty good judge of character, so I know when someone’s going to screw me over.

Has it been large amounts of money?
No, because that’s how you ruin a friendship. Unless it’s like your really close friend and it’s an absolutely necessary thing, like you’re saving someone’s ass. But I feel like it shouldn’t happen with large amounts of money.

What would be the maximum?
Kind of depends on what it’s going to. If it’s going to something I can actually see them investing in and I know I’m going to be getting my money back, then I could see lending $1,000-plus. It depends on who it’s going to. If it’s just 50 or 100 bucks to a friend, it’s not that big of a deal.

If you’re going to lend someone money, have you ever talked about repayment terms ahead of time?
Yes, I have. And it’s worked out before. I had a friend who I had to lend $1,700 to before and he fully paid me back.

You guys talked about the repayment plan ahead of time?
I mean, I saved his life.

Literally?
Yes. He owed some bad people money and he needed to get it taken care of.

Have you ever borrowed money from a friend?
Yes, but never anything big.

But if you ever did need to borrow money, you know what it’s like to be on the other side.
Definitely. But I don’t like owing people money. I don’t like being in debt. Ever.