Love, romance, work, ethics, etc. Need some advice? Ask Grasshopper.

Viewers should add their opinions and answers also. Do you think I know everything?



[QUOTE]The older I get, the less I know.

 

what's the difference between price and worth?

and why if you add less to both of them, you get two totally different meanings?

 

why are you grasshopper? isn't the master supposed to call the pupil grasshopper?

Rice

 

Price is the arbitrary and subjective placement of value on a commodity. ie Law of supply and demand is not a factor.
Personal in nature.

Worth is the objective and inherent value of a commodity governed by the law of supply and demand.

Just my 3 cents.

 

Ole Mighty Grasshopper... I need your wisdom!

My roommate and I have been friends since the start of our freshman year. He is one of my best friends on campus. On Valentines Day he wanted to buy his girl a bracelet. He did not have the money, but I said I would give it to him if he paid me back. He has not paid me back since then and it's coming close to the end of the year. Also before Christmas Break, his girl was playing my GameBoy Advance. She still has it and keeps telling me she is going to bring it to me. I really won't want to get REALLY mad and fuss them out because I can go over board. How should I react and approach this situation?

 

Thug:
Money should always be lent accompanied by a written document that is evidence of the loan. An I.O.U. that should include repayment, interest and due date. It isn't good business to lend money to family or friends. You should lend money to family or friends only if you are willing to convert the said loan into a gift.
You may have to write this one off. Have your friend take you out for an evening on the town and then chalk it up. Remind him of the loan.
Regarding your GameBoy, borrow money from the friend that you lent the money to (value of your GameBoy) and pledge your Gameboy as collateral and let them sort it out. Some people think money and GameBoys grow on trees.

Bottom line. Don't lend without written documentation. Don't lend your stuff out unless you want to gift it.

 

Rice: I couldn't remember the old dude's name.

 

Wow
Think I'll take your advice!