Is it common practice in New Zealand to lend money to friends or other students?
Lending money to friends or classmates is generally discouraged, as it can create financial and personal difficulties.
In New Zealand, it is generally not recommended to lend money to friends or fellow students.
While it may seem like a helpful gesture, lending money can lead to unexpected problems.
Why should I avoid lending money?Lending money can:
- Create financial pressure if the money is not repaid.
- Damage friendships or relationships.
- Cause unnecessary stress and worry.
Before lending money, consider whether you can afford to lose it and how it might affect your relationship with the other person.
Could lending money affect my visa?Yes. If lending money affects your ability to support yourself financially while studying in New Zealand, it could have implications for future visa applications.
It is important to manage your finances carefully and ensure you have enough money to meet your own living and study expenses.