7 friendships that are a danger to your financial life

Taking control of finances is not an easy task. Knowing where you spend and having control over what you buy is not for every woman. But sometimes you need to save some money to secure that dream trip at the end of the year. However, it’s not just your willpower that matters.

Often, some friends end up being dangerous for your financial life, always encouraging you to spend a little more, going to expensive places and showing off what you have and what you don’t have.

For you to know and identify who these friends are that can be dangerous for your financial life, the financial consultant and economics professor, Luciano Simões, listed some of these types of friendship.

For him, the best way to avoid a negative influence on finances is to be authentic and choose your friends wisely. A good tip he tells is to identify the habits and places that his friends go to and see if they fit his consumption power. “It all depends on your choice and how much you value your hard-earned money,” he stresses.

7 types of friendships you should beware of

These friends are better known as “friends of the jaguar” and they will not contribute anything to your financial life, on the contrary, they will always be encouraging you to spend more and reach your credit card limit. If you want to have a balanced financial life, the tip is to reassess how much you let them influence you on a daily basis.

1. Slack friend

The slacker friend is the one who, because of his friend, asks you to pay the bill for him every time. He always claims he’ll pay you later, but you never see the color of money. His time off is so great that he is no longer ashamed to borrow money and not pay it back later.

This is that friend who always calls you collect, who arrives at your house opening the fridge and asking what you have to eat and who always arrives at parties empty-handed asking you to “cover his”. There is definitely no solution to this case, even if he gets a good job, he will always take your time and spend your money instead of his.

2. Party friend

You, for sure, have a friend who doesn’t leave the club and, worse, always goes to the most expensive places and orders the most expensive drinks. “Cool, outgoing, but he doesn’t measure financial efforts to always go out, he loses track and ends up leading you to spend together”, defines Luciano.

If you lack authenticity and, from time to time, say no to this friend, without a doubt he is a steal for your financial life. “Be strong and decisive and, in some cases, don’t answer the phone at the end of the month, because there is only the limit of the card to spend and, if you answer, say that you already have a commitment”, guides the consultant to get rid of bigger problems .

3. Interesting friend

You know that friend who is always wanting to know how much you earn, how you managed to buy that new cell phone and is always on your tail just because of the money. So, this is the interested friend. “I believe it is the worst of friendships. By observing your economic condition, he becomes your best friend, spooling a ride to the point where you become her driver, and you can even count on your credit card for that most expensive party”, warns Luciano.

It is a kind of friendship that is not worth pursuing, since what matters to him is your money and not your friendship. Don’t be afraid to end a friendship like this and look for friends who share true friendships without needing to know how much you have in your bank account.

4. Boastful friend

Imagine that friend who always has the fashion bag, always has a new shoe, always goes to the best restaurants and clubs and is always showing what she has. For this is the ostentatious friend who will always care more about having than being.

The danger is that you feel influenced and buy at her pace. This can lead to your account going into negative and multiple bills to pay. Let her flaunt everything she has and you try to show her that what matters is friendship, conversation and the good times you spend together and you don’t have or don’t have the fashion bag.

5. Begging friend

“It’s that dear friend who doesn’t know what work is, keeps borrowing some money and is always in a difficult situation, and he’s not ashamed to ask”, says the consultant. He’s always in need of money, whether it’s to pay off his credit card or a new debt he’s made and you’re always the first person he turns to at those times.

For those friends who keep asking for money, you have to learn to say no. “Borrowed money is only lost to a friend and the value is never recovered, people are not ashamed to ask, but you will be ashamed to collect, believe me”, says Luciano. And worse, when charging your deadbeat and beggar friend, he will always come with the excuse that you are not a good friend and don’t understand the difficult financial situation he finds himself in. It is often at this point that the friendship ends and you still come off as a bad friend.

6. Shopaholic friend

Do you have a friend that whenever you call him, he always says he’s at the mall doing some shopping? This is the shopaholic friend, he’s a shopaholic and can’t go a weekend without buying a new item. Worse still, if that friend always asks for your company for shopping. Then it is important for you to stay alert and know how much you can spend on one of these outings.

The tip that Professor Luciano gives is to be aware of how much you earn and how much you can spend. “Have a goal for what you’re saving up, be strong and decisive,” he declares. If this friend of yours is a big spender and doesn’t meet his standard of living, don’t want to follow his rhythm and avoid going shopping with him.

7. Negative friend

Are you dreaming of buying an apartment and, for that, you decide to save as much as possible, but you have that friend of yours who says it’s impossible, that you won’t be able to save and that doesn’t support you in your decisions to leave the nightclub of the weekend aside to save a little money. This is the negative friend and its influence is not good at all.

Friends should always be by your side, encouraging you and believing in you and your goals. Negative friends who just think that nothing will work out should not be part of your days, because in addition to being bad for your finances, they will always let you down and not believe that you can achieve what you want.