"Neither a borrower nor a lender be." Have you heard that saying before? It's usually good advice. But what does it mean? It means never borrow from someone nor loan money to someone.
Let's look at this example: Bob wants new running shoes. In two months, he has only saved $20. At this rate, it will be next year before he can buy new shoes. He decides to ask his friend Joe to loan him the other $100 he needs to buy the shoes he wants.
"Joe, would you loan me $100? I really want new running shoes. I run every morning. Can you help me out?" Bob asks.
"Why don't you save up the money?" Joe asks Bob.