Never lend money to anyone unless you're giving money to others. Moreover, people who borrow money are irresponsible and foolish; they shouldn't let others involuntarily possess their labor.

My money is the result of my labor; no one has the right to use my labor without compensation.

I've seen too many people who stand to lend and kneel to collect debts; I've seen too much of it.

I now have a principle: if someone asks me for a loan, I can help by introducing them to a bank for a loan. Don't mention borrowing money to me.

Money has a cause and effect; I can't bring myself to ask others for a loan.

Why borrow money again? I think about it myself—if I were to lend money to someone, besides friendship, it would be for emergency help, not for poverty.

If you're in urgent need and our relationship is close enough, and you ask me to lend you 20,000, I would evaluate that your relationship with me is worth 20,000. I would consider this 20,000 as a gift.

The moment I lend it out, in my mind I call it giving money; I don't expect you to pay me back.

And I know that this 20,000 won't affect my life; lending it all out won't impact my life. I lend purely out of friendship, and I plan to give this 20,000 to you.

But if you tell me there's a business deal, an investment opportunity you want to seize, and ask me to lend you money, sorry. Because in my understanding, there is no investment opportunity that is 100% guaranteed to win.

You can't use my money to take risks. If your investment loses, frankly, we might not even remain friends.

It's better not to be friends anymore than that. I refuse you. Sorry, I won't take the risk for your investment or your business. Don't ask me for a loan.

So, in my philosophy, I won't lend money to anyone. People who borrow money should also refrain from asking for it, forever.