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When Your Friends Have Money but You Don’t (mint.com)
19 points by Concours on Sept 4, 2010 | hide | past | favorite | 3 comments



You know, it's not that I have friends who make a lot more money than I do, it's the fact that I have friends with significantly different spending habits.

We can both afford a nice restaurant out with our girlfriends, however, to me it's ridiculous to pay a 150% markup on a bottle of wine, meanwhile, my friend has ordered the hundred dollar appetizer and the bottle of Opus One. Of course when the bill comes, "It's simpler to just split it even..."

sigh

He makes more money than I do, but carries a lot more credit card debt than I do too. I'm sure if we hung out more, I'd be in debt too...


Do you friends actually make more, or do you just think they do based on an opulent lifestyle? People see the trappings of wealth, but not the debt. They assume everyone else is at least as responsible with money, because no one ever mentions the crippling credit card debt, student loans, and mortgage that are eating their friends alive.


Jaded by the fact that all articles on Mint Blog are simply written as linkbait to get you to push visitors to their service, I would suggest that this post is a 'poor mans' (no pun intended) version of Rich Dad, Poor Dad (http://www.amazon.com/Rich-Dad-Poor-Money-That-ebook/dp/B000...).

If this advice interests you, check that book out for sure.




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