Most of us have a person in our life who causes us to spend more than we can afford to. Although we may care for them, we cannot escape the fact that every time we come into contact with that person our purses feel a little lighter.
“The good news is that, while you may not be able to change their behaviour, you can learn to manage how you respond to them,” says Cebisa Mfenyana from Metropolitan.
Cebisa offers advice for dealing with the financial foes in our lives.
Farah is the friend who earns more than you and it always seems as if she’s wearing a new outfit or going shopping! “The problem with a friend like Farah,” says Cebisa, “is that we feel pressurised to match their lifestyle – even if we can’t afford it. She will invite you to go out for lunch and a movie, then on the way pop into a boutique store and nag you to buy something.”
“When she invites you to join her shopping or for drinks, gently explain to her that you have not made provision for that in your budget, and that you have a financial plan in place.” A true friend will respect your priorities, and suggest that you spend time together doing something that is fun but doesn’t cost a lot of money.