'We're all broke': Would you chase a friend for £5?

The story explores how much money people are willing to chase from friends for repayment. Some say $5 (£3.70) is the minimum worth asking for, while others have a higher threshold of around $20 (£15). Henry Payne, a 21-year-old New Yorker, says he has sent a request for $8.50, but would not go lower than $8. He admits he sometimes is the one needing to be repaid and can be forgetful himself.

Kaz Jahanbini, 19, finds it frustrating when he needs to ask for repayment, stating "if someone bought me something, I'm immediately paying them back." The study found that 76% of Gen Z who fronted money for a group expense were not fully repaid, and 55% said it created tension or negatively affected a relationship. Betsie Brooke-Taylor, a 19-year-old British student, finds anything under $5 worth asking back as "every little helps."

She sees a cultural difference between the UK and US, where technology like Venmo makes settling small debts easier. Annika Violet, 19, prefers to do something reciprocally, but if consistently paying, she would ask for $5. Hanako Stepper, her friend, finds it awkward asking for money but wishes she didn't. Money expert Laura Pomfret suggests being brave and bold in asking friends to pay back, as Britons in particular can find it awkward.