Borrowing money can feel like walking on eggshells. You need help, but you don’t want to sound desperate, damage your relationship, or make things awkward.
The truth is, there’s a right way and a wrong way to borrow money—and doing it politely can make all the difference.
This ultimate guide will show you how to borrow money in a nice way, with step-by-step tips, word-for-word scripts, etiquette rules, and practical examples for friends, family, and even coworkers. By the end, you’ll know exactly what to say (and what NOT to say) to get help without burning bridges.
Why Borrowing Money Feels Awkward
Money is personal. When you ask someone for financial help, emotions like pride, guilt, and fear often come into play. The person you’re asking might:
- Worry about not getting their money back
- Feel uncomfortable discussing finances
- Wonder why you can’t manage your own money
And you might:
- Feel embarrassed or ashamed
- Fear damaging the relationship
- Worry about being judged
But borrowing money is sometimes unavoidable—life happens. The key is asking in a way that is respectful, transparent, and reassuring.
The Golden Rules of Borrowing Money Politely
Before we dive into scripts and examples, here are 7 golden rules that make borrowing easier:
- Be Honest: Explain why you need the money without oversharing or lying.
- Pick the Right Person: Someone who trusts you and can afford to lend without hardship.
- Be Specific: State exactly how much you need and why.
- Offer a Repayment Plan: This shows responsibility and builds trust.
- Give Them an Out: Make sure they feel comfortable saying no.
- Ask Privately: Never borrow in front of others.
- Express Gratitude: Always thank them—whether they say yes or no.
Step-by-Step Guide to Borrowing Money in a Nice Way
Here’s the exact process to follow:
1. Decide Who to Ask
Not everyone is a good candidate for lending you money. Consider:
- Trust level: Do you have a good relationship?
- Financial stability: Can they afford to help without stress?
- Past experiences: Have you borrowed from them before?
Pro Tip: Avoid borrowing from people who struggle financially or who have expressed discomfort about lending money.
2. Choose the Right Time
Timing matters. Don’t ask:
- When they’re stressed or busy
- During family gatherings or social events
- In public
Instead, pick a calm, private moment. For texts or emails, send them during business hours.
3. Be Clear About What You Need
Vague requests create confusion and distrust. Instead of saying:
“Can you help me out?”
Say:
“I need $200 to cover my car repair this week.”
Being specific makes your request professional and straightforward.
4. Explain Why You Need It (Briefly)
Keep your reason short and respectful. Avoid dramatic sob stories or unnecessary details.
Good Example:
“My paycheck was delayed, and I need $150 for groceries until Friday.”
Bad Example:
“I’ve had the worst week of my life. My boss is a jerk, and now I can’t even eat…”
5. Offer a Repayment Plan
Nothing reassures someone more than knowing they’ll get their money back.
Example:
“I’ll pay you back on the 15th. If needed, I can send partial payments of $50 every week.”
Pro Tip: If possible, offer to pay interest or add a small thank-you gift.
6. Give Them an Easy Out
This removes pressure and shows respect.
Example:
“I completely understand if this isn’t possible—no worries at all.”
7. Say Thank You (Always)
Gratitude strengthens relationships, even if they say no.
Example:
“Thank you so much for considering—I appreciate you.”
How to Borrow Money from Friends Politely
Friends are often the first people we turn to, but it’s also easy to damage friendships over money. Here’s how to do it right:
- Be upfront and direct
- Keep the tone friendly but respectful
- Follow through on your promise to repay
Example Script:
“Hey [Name], I’m short on rent this month because of an unexpected bill. Could you lend me $200? I’ll pay you back by the 10th. Totally understand if that’s not possible—just thought I’d ask.”
How to Borrow Money from Family Without Awkwardness
Family can be more understanding—but don’t take advantage of that.
- Treat it like a business transaction
- Offer repayment even if they say it’s not necessary
- Put the terms in writing if the amount is large
Example Script:
“Hi Mom, I hate to ask, but I’m in a bind. Could you lend me $500 for two weeks? I’ll return it by the 20th. I’ll send you updates, too.”
Borrowing Money from a Coworker
This can be tricky. You need to stay professional.
- Keep it short and discreet
- Don’t make it a habit
- Pay back immediately when promised
Example Script:
“Hey [Name], I’m in a tough spot—could I borrow $50 until payday? I’ll give it back Friday. No worries if it’s not possible.”
How to Ask for Money in a Text Message
Texts are quick but require clarity and politeness.
Example Text:
“Hi [Name], I hope you’re doing well! I’m in a pinch and need $100 until the 15th. Would you be able to help? Totally fine if not—just thought I’d ask.”
How to Write a Polite Email Request for Money
Subject: A Small Favor (If Possible)
Hi [Name],
I hope you’re doing well. I wanted to ask for a small favor—I’m short on $250 this month due to an unexpected expense.
I can repay you by the 20th. Please don’t feel pressured at all; I completely understand if it’s not feasible.
Thank you so much for considering!
[Your Name]
What NOT to Do When Borrowing Money
- Don’t guilt-trip: “If you were my real friend, you’d help me” is manipulative.
- Don’t lie: Honesty builds trust.
- Don’t ask repeatedly without repaying: This kills relationships.
- Don’t borrow publicly: It embarrasses everyone.
Alternatives to Borrowing Money
Before asking someone for cash, try:
- Selling unused items
- Taking on quick freelance gigs
- Asking your employer for an advance
- Using a budgeting app to cut expenses
These options reduce the amount you need to borrow—or eliminate the need altogether.
Sample Repayment Agreement (For Large Loans)
If you borrow a significant amount (over $500), consider a written agreement:
- Amount borrowed
- Repayment date(s)
- Any interest or gift
- Both signatures
Frequently Asked Questions
Q: How do you politely ask a friend for money?
A: Be honest, state the amount, and offer a repayment plan. Example: “Could you lend me $150? I’ll pay you back next Friday.”
Q: Is it rude to ask for money?
A: No, if you do it respectfully and responsibly.
Q: How do you make it less awkward?
A: Use clear communication, give them an out, and always follow through on repayment.
