How to Say No to Someone Asking for Money: Tips and Examples

How to Say No to Someone Asking for Money

It can be an uncomfortable and awkward situation when someone asks you for money. Whether it’s a friend, family member, or even a stranger, it can be tough to know how to respond. While you may feel the pressure to say yes, it’s important to remember that you are not obligated to lend money to anyone. In this blog post, we will discuss some strategies on how to say no to someone asking for money and provide you with some examples.

Be honest and direct

When someone asks you for money, be honest with them and let them know that you cannot lend them the money. Be direct and avoid making excuses or beating around the bush. You can say something like, “I’m sorry, but I cannot lend you the money at this time.” Being honest and direct is the best approach as the person will know that you’re not just avoiding them or trying to get out of the situation.

Offer alternative solutions

If you cannot lend the person money, consider offering alternative solutions. Perhaps you could help them create a budget or offer to lend non-monetary support. For example, you could help them find a part-time job or offer to watch their children so that they can work extra hours. By offering alternative solutions, you are showing that you still care about the person and are willing to help in other ways.

Set boundaries

It’s important to set boundaries and stick to them. If someone continues to ask you for money after you’ve said no, don’t be afraid to communicate your boundaries. You can say something like, “I’ve told you that I cannot lend you the money, and I do not want to discuss this any further.” Remember, it’s okay to say no and stick to your boundaries. This will help you avoid being taken advantage of in the future.

Use “I” statements

When communicating your decision, it’s important to use “I” statements. For example, instead of saying, “You shouldn’t be borrowing money from friends,” you could say, “I prefer not to lend money to friends.” Using “I” statements can make the conversation less confrontational and more about your personal preference.

Don’t feel guilty

Finally, it’s important to remember that you are not responsible for someone else’s financial situation. While it can be difficult to say no, you are not obligated to lend money to anyone. Don’t feel guilty or ashamed for saying no. It’s okay to prioritize your own financial stability and wellbeing.


Saying no to someone asking for money can be a challenging situation. However, by following these tips and examples, you can navigate the situation with grace and confidence. Remember to be honest and direct, offer alternative solutions, set boundaries, use “I” statements, and most importantly, don’t feel guilty for saying no. By setting your own boundaries and priorities, you’ll be able to take care of yourself while still offering support to those you care about in other ways.