Friends and Money

Friends and Money

Whether you know it or not, your friends influence you both personally and financially. Are your friends’ money habits helping or hurting you? When I was in a financial mess years ago, most of the people I hung out with were in the same boat: bouncing checks, visiting payday lenders, etc.

It’s been said that I could guess your net worth by averaging the net worth of your five closest friends. Am I saying you should ditch your current friends? Not necessarily. But if you’re trying to become financially healthy, seek to spend more time with people who have positive money habits.

Spread the Word!
Christine Luken
 

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