When should we not give money to others?
While you may feel pressured or obligated to offer a loan, it's important to consider whether it makes sense for you and your financial situation. For instance, if lending money to someone would put a strain on your own finances and make it difficult to keep up with your bill payments, it's probably not the best move.
It is believed that Tuesday is a day of battle and conflict. Furthermore, it's a common belief that borrowing anything from someone else on this day can bring misfortune into your life. Know why it is considered unfavourable to borrow or lend money on Tuesdays.
We lose both money and friend. If we lend money to a friend, remember that we may not get our money back. This can change the relationship between us. It can lead to tension between us and our friend, and it can also lead to guilt and anger.
Few rules: never lend to a friend an amount you are not willing to lose. Don't lend money just because they are friends. Don't lend an amount that will put your personal family in jeopardy, unless it's a true friend.
A cash gift is a frank admission of economic support, but it's socially acceptable for older family members to support younger ones. Cash can be given from someone who receives a service, such as a homeowner, to someone who gives that service, such as a trash collector.
Never Give Money on Thursdays
So this is a very common thing people follow. They avoid making any kind of monetary transaction that involves giving money in any manner to anyone. It is believed that Thursday is a day of Lord Vishnu and Goddess Lakshmi, the controller of wealth is the wife of Lord Vishnu.
- Do Not Purchase These Things: Individuals should not purchase anything made of coal, salt, wood, or iron on Saturday. By avoiding it, people's lives are free of challenges, difficulties, and unpleasant problems. In addition, individuals are forbidden from buying brooms, black shoes, pens, or paper.
It's fine. So if there's a wedding, graduation, rite of passage, or holiday on the horizon, and cash is what you want or need, please know that—as a bona fide expert in gift-giving etiquette! —I am telling you it's fine just to say so.
Giving money as a gift—or even asking for money as a gift—used to be considered tacky. But not anymore. "Money is an appropriate gift," says etiquette expert Elaine Swann, founder of The Swann School of Protocol. "Studies say that it is the most welcomed gift—the one gift that most people want."
Don't ever gift, loan, or lend something to a man who isn't committed to you. There is such a thing as, “relationship privilege.” This is one of those things. I would even argue that true financial intimacy — shared finances — shouldn't come until you've married the person, if ever.
Should I offer money to a friend?
If you fear it could ruin your friendship or you know you'll hang on to feelings of anger or resentment, you'll want to say no. Most financial experts agree that you should think of loans to friends or family as gifts, which lessens the expectations of repayment.
Just say no, and stick to that one simple and final answer. DON'T EXPLAIN OR MAKE EXCUSES. When you say no, don't offer explanations or excuses. Doing so only opens the door to a discussion and prompts your friend or family member to try to overcome your objections.
Deuteronomy 15:8 says, “You shall open your hand to him and lend him sufficient for his need, whatever it may be.” Turning to the New Testament, in the Sermon on the Mount, Matthew 5:42, Jesus says, “Give to the one who asks you, and do not turn away from the one who wants to borrow from you.”
A lot of people feel bad about giving cash because they think it shows laziness and does not express any feeling or thought. It is wrong. If you really care about someone, you don't need an object to express that.
If they say why not, just tell them you aren't giving money away to anyone and there's no point in asking. You are not going to change your mind. 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.
Key Takeaways. A cash gift can provide a range of financial benefits to the recipient. Money can be fairly easy to transfer from one account to another. Remember to consider the tax implications of your financial gift for both you and the recipient.
Originally Answered: can money be transferred on sunday? Within the same bank, from one a/c to another: YES. For a/cs in other banks via NEFT/RTGS, it'll be effected next working day of the banks. For Holidays, please refer Real Time Gross Settlement System and http://www.yourmoney.co.in/neft-holidays.htm.
- Doing the laundry: ...
- Taking out the garbage: ...
- Washing hair: ...
- Taking a haircut, shaving or cutting nails: ...
- Worshipping Goddess Laxmi alone:
Thursday is the best day for financial transactions as the lord Jupiter is significator for wealth. Also Jupiter signifies ethical practice of business transaction which favors win-win situation for both parties. According to astrology, Wednesday is the best day of the week to take money and give it away.
All the devotees' sufferings and ailments are removed on this day by worshipping Shani Dev with proper rituals. On Saturday, making donations is considered significant since it pleases Lord Shani.
What should we donate on Sunday?
This day is auspicious for Sun God who is believed to bring good fortunes. Wheat, red flowers and ruby should be donated on Sunday.
Salt - Purchasing salt on Saturdays denotes financial loss and mounting debt. Individuals with little financial resources must not taste or bring salt home on Saturdays.
For example, your parents may give you money for a holiday or graduation present. However, it can also be an illegal pyramid scheme that can cost you money and potentially land you in jail. Anytime you are giving or receiving cash as a gift, make sure you are doing it legally.
The appropriate amount of money to give as a birthday present to someone who is not poor and would likely buy things for themselves depends on your relationship with the person, your budget, and local customs. A general guideline would be $20-50 for acquaintances, $50-100 for friends, and more for close family members.
As the gift recipient, never ask for money (unless you want to look greedy). No matter the size of the gift of money, always practice gratitude and share your generosity. Consider sending a simple thank you note expressing your appreciation and sharing how the money impacted your life.
