{"id":1639,"date":"2008-02-25T05:00:56","date_gmt":"2008-02-25T13:00:56","guid":{"rendered":"http:\/\/getrichslowly.org\/blog\/2008\/02\/25\/friends-with-money-coping-with-social-spending-situations\/"},"modified":"2020-08-29T11:06:14","modified_gmt":"2020-08-29T18:06:14","slug":"friends-with-money-coping-with-social-spending-situations","status":"publish","type":"post","link":"https:\/\/www.getrichslowly.org\/friends-with-money-coping-with-social-spending-situations\/","title":{"rendered":"Friends and money: Coping with social spending situations"},"content":{"rendered":"
My friend Tim is in a rough spot. He recently got divorced, moved across the country, and started a new job. He’s making less than he used to, but his expenses haven’t declined much. I don’t think he’s gone into debt, but he’s walking a fine line.<\/p>\n
One problem is that he doesn’t have as much disposable income as most of his friends do. Because they have more money, they want to do more things, and the things they want do do are more expensive. This puts Tim in a bind. He wants to hang out with his friends, but he doesn’t want to overspend.<\/p>\n
I’ve been in similar situations in the past. It can be difficult to make smart financial choices when everyone around you is spending. You spend, too, in order to belong. Here are seven ways to cope with social spending situations:<\/p>\n
If, on the other hand, you’re financially well-off, be aware that your friends may not be in a similar position. Don’t suggest expensive activities. Don’t brag about money. Don’t flaunt it. Respect other people’s limits.<\/p>\n
For more on this subject, check out the following articles:<\/p>\n
Whatever your financial situation, remember that each of us comes from different circumstances. Don’t judge other people or<\/i> yourself based on what they do and do not buy. Make smart financial choices for yourself, and gently encourage your friends to do the same.<\/p>\n","protected":false},"excerpt":{"rendered":"
My friend Tim is in a rough spot. He recently got divorced, moved across the country, and started a new job. He’s making less than he used to, but his expenses haven’t declined much. I don’t think he’s gone into debt, but he’s walking a fine line.<\/p>\n
One problem is that he doesn’t have as much disposable income as most of his friends do. Because they have more money, they want to do more things, and the things they want do do are more expensive. This puts Tim in a bind. He wants to hang out with his friends, but he doesn’t want to overspend.<\/p>\n
I’ve been in similar situations in the past. It can be difficult to make smart financial choices when everyone around you is spending. You spend, too, in order to belong. Here are seven ways to cope with social spending situations:<\/p>\n","protected":false},"author":3287,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[496],"acf":[],"_links":{"self":[{"href":"https:\/\/www.getrichslowly.org\/wp-json\/wp\/v2\/posts\/1639"}],"collection":[{"href":"https:\/\/www.getrichslowly.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.getrichslowly.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.getrichslowly.org\/wp-json\/wp\/v2\/users\/3287"}],"replies":[{"embeddable":true,"href":"https:\/\/www.getrichslowly.org\/wp-json\/wp\/v2\/comments?post=1639"}],"version-history":[{"count":0,"href":"https:\/\/www.getrichslowly.org\/wp-json\/wp\/v2\/posts\/1639\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.getrichslowly.org\/wp-json\/wp\/v2\/media?parent=1639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.getrichslowly.org\/wp-json\/wp\/v2\/categories?post=1639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}