5 Ways to Gracefully Turn Down a Request for Money


Gracefully Turn Down a Request for Money

Gracefully Turn Down a Request for Money

One of the most important things an athlete needs to learn after he signs a contract is how to say no.  Ron Peoples with Peoples Wealth Management says that you will have friends and family that you don’t even know ask you for money. A foundation is one way to direct requests for future consideration politely.

  • Keep it short : If your shut friend or loved one has asked for money, you’ll feel that you simply have to be compelled to provides a reason why you’re not able to lend money. however really you do not have to be compelled to offer any explanation. you do not have to be compelled to feel guilty, thus no explanation needed.
    Try the subsequent sentences:
    “I’m sorry, but no.”
    “I’m not really in a position to lend you money.”
    “That’s extremely not possible for me.”
  • Be definitive : instead of ambiguous. Sometimes, in order to preserve people’s feelings, we do what’s called “the partial decline,” where we sort of, kind of, just maybe, still leave the gate a little bit open – even though we know we’re never going to do anything with it. That just leaves the other person in a state of limbo, unsure of what to do, but still feeling like there’s a chance.
  • Be polite : You neither have to be nervous nor have to make the person feel bad for asking money. Just be polite when you decline the request as the person has shown some confidence in you. The idea is not to humiliate the person but to maintain a good and cordial relation with him.
  • Offer advice : If a close friend or family member approaches you for loan, and you can’t help but wish you could, you could suggest ways they could raise money. At least you are trying to show that you care.
  • Consider offering something else : If it’s easy to do so, maybe instead of money, you can offer to make an introduction for them that might be valuable, or you will provide up some services, or maybe simply offer some advice. This isn’t necessary, however if it’s a detailed friend or colleague, it’s a pleasant gesture.

Here ar many things I even have seen work well that don’t cost lots of money:

1. Have volunteer photographers at events who take photos of individuals, and tell them, “Find the photos on our Facebook page tomorrow and tag yourselves in them.”

2. Videos are a number of the most partaking stuff you will post on your page — what regarding videos of “Meet the folks behind the scenes?”

3. Crowd-source many things — Have many things you’re up for changing? Open it up to a crowd-sourced call that people will solely participate in on your page.



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