Are Your Friends Enabling Poor Spending Habits?
Have you ever gone out with a bunch of friends, had a great time but found your bank account much lighter when you got home? Or you went to store with a friend just to pick something up, but a few more items ended up in your bag? Whether or not you want to admit, sometimes friends can help enable poor spending habits.
You might want to take a hard look at your friends and avoid hanging out with these personality types:
Bargain Hunter
On first glance, you might think this friend is great to go shopping with. He knows where to go to get the best sales and always haggle his way into a better deal. However, if you find yourself buying things because it’s on sale and not because you need it, then your friend might be enabling a bad shopping habit.
Money to Burn
Money never stays long in this friend’s pocket. He likes to buy whatever catches his eye. Even if he’s got a trust fund or some other way to replacing that cash in his pocket, you find that when you’re hanging out, your money burns a little faster too.
The Latest Thing
Gadgets, video games, sports…it doesn’t matter what his interests are, except that he has to have the latest thing. Then he’ll bring his prize to you to show it off, and it gets you thinking, “Hmmm, I’d really like to get that.” Or worse, you’re at the store with your friend to pick up his latest prize and you find yourself picking one up as well.
Hey Look at That
This friend likes to browse, looking for things that catch his eye. When he finds that new, ...