How to Borrow Money

Short of cash? Unable or unwilling to work for it? An easy, finicky solution is to borrow money, and there are two different manners in which to do this: professionally, via a bank, or casually, via an acquaintance. This is about the casual method of borrowing money. All you need are basic resources, the absence of fear, and the acceptance of one truth: You must put in effort for anything to be borrowed.



Steps
1. Read up! Research on different ways to approach it, and figure out which one works for you.


2. Make a list of kind, fortunate friends who must have two criteria other than their kindness and good fortune: You must be unafraid to petition politely to them and you must be able to accept the possibility of their declination.


3. Obtain the corporate, personal, and e-mail addresses of these people, if you do not have them already.


4. Read up on how to write a letter of proposal, following the most convenient methods and tips.


5. Be serious yet relaxed in writing the letter. Give your polite reasoning and expression of understanding ( if they decline) and appreciation (if they accept), being certain to leave the parenthetical expressions out. Be sure not to pressure, bribe, or make deals with the person. Get it to him or her as soon as possible.


6. Don't send another letter. If it has been over one month since the sendout date, call the person up and casually ask if they got the line from you. It is likely that they will give an honest reason. You don't need to go farther than, "Well, I'd really like an answer by..." and give a date. If not, then redraft it to another person, being sure to thank the initial person you sent it to for his or her time and then politely ending the call, without pressure, bribes, or deals.


7. When you do get money, write him or her a nice note of thanks, even having him or her over for a meal sometime, as with the receival of any other present. Good luck.




Tips

• Don't bribe, pressure, or make deals with the person, marring your likelihood of success.
• If they say no, accept it with appreciation and grace.
• In the thank you note, be short and sweet, without going into much detail about how the money was spent or how great a debt you owe them. This makes things tense later on.
• Do try, though, to pay the loan back if and when you can.
• DO not rely on loans as your primary source of income. You must work to make money.