Peer Pressure and Money: Do You Spend Differently with Friends?

 

I’ve read a blog of a certain Neal Frankle who asked himself the question: Do you spend differently with friends?  When you go shopping with a friend do you buy stuff which is actually too expensive for you?
Neal found out that many people struggle with these problems. He says that people don’t want their friends to think less of them and they want to make an impression while shopping.
This kind of negative peer pressure can also be very dangerous. Once you made a little mistake by not being honest with yourself and your friends about your budget, it could continue to a lie and a bigger mistake.
As a solution you should stay in your comfort zone while shopping, be honest and this will save you a lot of money and boost up your self-esteem.

Martijn Schelstraete

http://www.getrichslowly.org/blog/2009/08/11/peer-pressure-and-money-do-you-spend-differently-with-friends/