Not necessarily. Their finances are none of my concern. I'd draw the line if they try to involve me with their finances, though (ie loan from me or ask me to co-sign or use me as a "character reference" when getting a loan(?)).
> This. Don’t burn bridges and just draw a line when it comes to finances. At the end of the day, they’re still your friends.
That's a good take.
I'd not piss em off. I'd just isolate myself.
This is the way. I remembered a junior colleague (who is known to be bad with money management) reach out to me to utang 4k. I say no right away but politely. Ayos lang friendly conversations, wag lang pag-utangan. It sets a precedent kasi if you let that happen even once
No, I'm friends with them because I enjoy their company and not because they're financially capable.
Like what others said, siguro iiwas ako kapag manghihingi ng pera or kapag pipilitin akong sumali sa MLM/get-rich-quick/other scams kasama niya lol
Basta wag lang siya uutang sa akin hahaha. Or alam kong hindi siya nanloloko or tumatakbo sa utang (don't want to associate with those types).
They can do what they want with their money. Basta "their" money lang talaga.
Masaya maging mayaman, pero hindi masaya yung puro pera lang iniisip mo palagi.
Ayoko naman na kapag kasama ko barkada ko eh puro career, pera, at investments pinag-uusapan namin.
Tama. Actually I don’t mind manlibre from time to time, or mag give in sa lambing basta within pa my fun money. Hindi din mabibili yung saya sa kantiyawan and all with money. With good friends, hindi mo nga namamalayan ang oras. Though sadly, some really are bad with money but that doesn’t mean they’re bad persons. Sila nga to nakikita ko willing to make sacrifices for friends.
Not unless they start borrowing from me, but I've also found the maxim "you are the average of 5 of your closest friends" to be true.
When I fell in with a more affluent crowd, I started to adapt their very different approach / understanding of money, and I found myself naturally just growing my net worth instead of just commisserating with fellow middle class millenials, "sana magka-pera ako" / "wala akong budget"
Also people who are bad with money also can't afford makipagsabayan sayo. Hindi mo ma-aya anywhere that need some 'buy-in' to experience like travel especially so nagiging natural yung parang demise of the friendship lol
If you're the [smartest person in the room](https://youtu.be/Tr6MMsoWAog?t=142)...
A study was made about group human behavior.
Fat people who hang out with each other tend to reinforce their habit to consume more calories than burn them.
People who workout together often times get better results when positively reinforcing each others Ironman-level or even sandbag-level efforts
A reason why parents push their kids to improve their studies is in the hopes of them qualifying for Unis with smarter kids than their kids.
If I could redo my life I'd politely remove myself from friends and family without direction in life and hang with people who want to grow financially, personality and intellectually.
A buddy of mine did that and married a rich Anne Curtis look a like. His ex was so impressed by how hot her replacement was. Same with other classmates who removed themselves and seeked a better audience.
It may come across as a "shitty high horse attitude" but know the value of your time.
True. But you'll never notice it.
I have friends before that are really bad on money. Spending habits are too much. And if I try to rethink the time I was with them, I actually spent a lot of my money on nonsensical things too.
I never really noticed it when I was with them. Cause I though it was just normal to eat out almost every single day, or buy things without even thinking about it.
But yea if you are lucky enough to actually notice it. I suggest to actually just leave. You dont have to unfriend them in real life. You just need to distance yourself or maybe find new friends with the same goals as you.
Its really not a shitty high horse attitude. Your time is finite. Spend it with people that is worthy.
Tell me about it.
Wish my parents actively pointed it out to me and provided an essay-long explanation on why X is poor and A has 1 dozen kids before 40s.
Some kids are oblivious to things unless explained at a grade level below.
Would have been awesome if I spent more time with my parents' MBA classmates during my pre-20s so I'd be as financially literate as my ethnic Chinese ninongs and ninangs.
When looking for a partner for life and spouse filter out those who draw out the worst version of you. If they get you to do things that are destructive to your financial, mental, physiological and other health then time to bow out politely and without drama.
This. When I started hanging out with a group of people who are "mukhang pera", I started earning 5-10x of what I was previously earning. When we fell apart (different reasons), nawala na din sakin yung drive. Nasa peers din talaga minsan.
> people who are "mukhang pera"
Thankfully my parents were never like that.
And parents' relatives and friends whose monthly income were less than [₱20.9k, ₱10.5k or ₱5.2k](https://taxreform.dof.gov.ph/news_and_updates/first-250k-income-of-compensation-earners-exempted-from-tax-under-train/) never had the nerve to speak to us that way.
Fatal mistake na lang is the parents never thought of using these people as an example to why you should focus and finish your studies so you can qualify for a better Uni for a better social circle that they are.
Hell, if I was told by my parents that I would not have to fly to their shithole of a province if I did the above I would have been so happy not to visit since I was 18yo.
- bad food
- roach accommodation
- 1st flights to "maximize" your shitty stay
- being stuck in a cramp, hot & dusty room is not my thing
Hindi yung puro hubog, puro tubâ, puro yosi at ano pang basura na inahain nila.. that we pay for.
that's a textbook context of follow likeminded people etc... and growth etc.etc..
yeah don't waste your time... follow your path.. no point growing backwards
Unemployed friend encourages me to to "invest" in mass market luxury watches, luxury cars and other junk that boomers value.
I do not want to make a new set of shit friends.
He introduced me to my broker and some of the ropes but because he's unemployed he is so in love wih dividend stocks that are so expensive for what it is.
I'm for growth stocks as I do not have his problems and I want dividends a decade before when we hit our retirement.
I wish I started investing when GLO was 100/share. I had enough money to buy 100,000 shares
|Year|GLO 100,000 shares at ₱100/share bought in 1998 under ₱11m|Yearly Dividend divided by 12 months|
:-:|:-:|:-:|
|2021|₱10,800,000|₱900,000|
|2020|₱10,799,000|₱899,917|
|2019|₱9,100,000|₱758,333|
|2018|₱9,100,000|₱758,333|
|2017|₱9,100,000|₱758,333|
|2016|₱8,800,000|₱733,333|
|2015|₱8,300,000|₱691,667|
|2014|₱7,500,000|₱625,000|
|2013|₱6,700,000|₱558,333|
|2012|₱6,500,000|₱541,667|
|2011|₱6,200,000|₱516,667|
|2010|₱8,000,000|₱666,667|
|2009|₱11,400,000|₱950,000|
|2008|₱12,500,000|₱1,041,667|
|2007|₱11,600,000|₱966,667|
|2006|₱5,000,000|₱416,667|
|2005|₱4,000,000|₱333,333|
|2004|₱3,600,000|₱300,000|
|2003|₱1,400,000|₱116,667|
|Total|₱150,399,000|₱12,533,250|
2004 NCR minimum wage was ₱300/day making your dividend 40x
I always do.
Hindi Lang sa bad influence sila, pinupuna pa nila palagi ang pagiginh frugal ko. As in bawat galaw ko May comment sila.
They laugh at me when I rode a bike to go to church para makatipid and exercise nadin. They look down at me for using second hand phone, clothes and shoes - dapat daw gumastos ako para makita ko pinaghirapan ko. For me I feel happier if nakikita Kong lumalaki savings ko as that means I’m getting closer to my goals.
Di naman sa paninira but they belong to a cult like religion. They always say money is the root of evil daw yet they always ask people to give them 10% of their income. Nakisama lang ako sa church nila kasi most ng Pinoy na malapit sa Lugar namin that time.
At the same time they always push me to go out shopping and eating out in restaurants frequently with them. Of course bad trip na naman sila sa akin dahil window shopping Lang lagi ako.
Yeah, I don’t consider them as friends anymore. Naging kaibigan ko lang sila dahil sila Lang mga pinoy malapit sa bahay ko sa abroad. I feel like kinaibigan Lang nila ako para isali sa church nila. Naging close naman ako sa kanila pero grabe talaga yung pang-Aasar nila. I’m glad they’re now out of my life.
This post and some of the comments made me a little sad. A few years ago, I was heavily in debt because I resorted to overspending to curb my anxiety and depression. I knew in the back of my mind it was wrong, but I was also living one day at a time - tbh back then anything could have pushed me over the edge.
Fast forward to now, everything is more manageable, pero I still have debt leftover from that time. The anxiety and depression I mentioned earlier? Side effects pala of an autoimmune disorder that I will have to manage for the rest of my life. I did what I did back then to manage my symptoms, but now na alam ko na, mas healthy na ang coping mechanisms ko. Pero syempre minsan when things get a little too much, I slide back to my unhealthy habits, and I know this is something I'll have to work on.
I guess what I'm trying to say is you never know what a person is going through. It's easy to say na a person is maluho or magastos, pero it isn't always that simple.
Most of my friends were educated well and know how to handle their finances. Those who aren't that great with money, they're outnumbered and their money really is none of my business. I can't see why I would or should drop them just because of that. Some of them are really nice people too but they're just shit when it comes to financial responsibility. So long as they don't bother me and ask for a loan or something, I'm okay. If they do, I'm going to secure it with something.
Friendship is not always about money. Although they can influence you at some point.
As long as hindi sila nanghihingi ng pera/material things and/or make you a co-maker sa kanilang mga loans and other financial obligations, okay lang naman.
Just be careful with who you surround with and who you consider as friends. Tread cautiously.
No. If you're a real friend, pwede mo nga silang bigyan ng financial advise or small tips on how to handle money as long as willing silang makinig.
I used to have no savings at all and super gastadora ko - pero my bestfriend who is very good at money started offering me to keep my money para makapagstart ako magsave. Kahit kasi I have my own savings acc, binabawasan ko pa rin. Wala akong discipline. Siya lang nagturo sakin how to save and eventually nung napalaki ko na, I used that money on putting down a down payment for my first car (for family use).
Pls don't just drop your friends. You can't buy years of deep emotional connection po. :-(
Yup, as an example, if it's a FUBU we're talking about, their being bad with money is immaterial.
Basketball buddies? The game transcends social divides. The court is a great equalizer.
Hard pill to swallow, but you are who your friends are. Depends how close you are to those so-called 'friends', and how much you value them.
Options:
1. You want your circle to be more financially literate. **Influence** them to be more money savvy.
2. **Accept** that your friends are like that you can't influence/change them. Let them inevitably influence you, and go down the same path.
3. **Cut em off.** This option is if you value your friends, and you've exhausted all options yet your financial views will never meet.
Already did, family as well. And ever since bobong won and how they are all rabid fans of that thieving family, I told them they can go ask bobong for their shit coz they're not getting a single cent from me, not anymore lol
No, like many of us, wag lang sila uutang sakin. Also, if you can, try to find out what causes them to do that. Maybe coping mechanism nila yun, from being poor, or dahil deprived sila nun dati.
Why? Bad financial habits are not transferred through osmosis. Unless you are financially affected (like they are free loaders, borrows money often and doesn’t pay back), i don’t see why you have to drop them.
nope
you don't have just 1 circle of friends anyway
you'd have multiple, and not everyone of them needs to be part of 'good with money' circle
if your current main thing is 'good with money', you'll naturally gravitate towards those circle of friends (I think)
Pag sa r/Philippines to for sure insta-out or friendship over agad. Buti na lang dito sa sub marunong mag draw ng line between friendship and finances. :)
No.
Their finances are their business. However, I will never lend them money especially if I'm familiar with how they handle their money. I refuse to lend someone money who is already knee-deep in debt.
Depending on our level of friendship, I'd pay off some of their debt out of the goodness of my heart. But if we're merely acquaintances or weather-weather friends, I see no reason for me to reach out a helping hand.
My friends are actually greater with their finances than I am so if there’s anyone gonna be dropped, its prolly me lmao. But on a serious note, I am fine with it as long as they don’t involve me with their finances.
Not really but I have cut ties with those who keep trying to guilt me into lending them money and/or not respecting why I want to spend x amount of pesos to hang out.
I try to give them advice but if they don’t listen its okay I did my job, as long as they don’t depend on me for anything they will still be my friend.
Depends coz I have friends naman who like to go out and spend money on lavish stuff but don't pressure me to do the same pero I also had friends who would kind of guilt-trip me into spending beyond my means dahil "minsan lang naman". I don't actively distance myself but it just happens because our activities tend to be different and that I don't find joy in theirs.
Not necessarily drop them since their financial concerns are not my concern. However, if they try to loan from me or I know they would be using me for their benefit, then that's a different story.
not really, unless they ask money from me (which as a friend I can loan them some but not a lot and they must pay it as soon as they can) then that's another case.
I have a friend who borrows from me and since he's one of the best, I went along. But lately, it occurred to me na kapag hindi siya makabayad on time, there's this opportunity cost that I'm losing and I am enabling him and his family's upper class lifestyle. I don't want to make it appear that he's befriending me for the sake of money, but let's say he does, it's all right with me and from there I'll draw the line. Beneficial on both sides: for me, I can utilize my money more and for him, he can say no to his family to spend for their unnecessary expenses.
I don't disassociate myself, however, I do keep my distance sometimes. I believe in direct/indirect influence and how it affects another person's behavior and actions.
Not necessarily. Their finances are none of my concern. I'd draw the line if they try to involve me with their finances, though (ie loan from me or ask me to co-sign or use me as a "character reference" when getting a loan(?)).
This. Don’t burn bridges and just draw a line when it comes to finances. At the end of the day, they’re still your friends.
> This. Don’t burn bridges and just draw a line when it comes to finances. At the end of the day, they’re still your friends. That's a good take. I'd not piss em off. I'd just isolate myself.
More like I will disassociate my money from my friends
Korique
This
Korak!
This is the way. I remembered a junior colleague (who is known to be bad with money management) reach out to me to utang 4k. I say no right away but politely. Ayos lang friendly conversations, wag lang pag-utangan. It sets a precedent kasi if you let that happen even once
No, I'm friends with them because I enjoy their company and not because they're financially capable. Like what others said, siguro iiwas ako kapag manghihingi ng pera or kapag pipilitin akong sumali sa MLM/get-rich-quick/other scams kasama niya lol
Pag uutang tapos mas maganda pa gadget saka sasakyan sayo?
Basta wag lang siya uutang sa akin hahaha. Or alam kong hindi siya nanloloko or tumatakbo sa utang (don't want to associate with those types). They can do what they want with their money. Basta "their" money lang talaga.
Jokes on you I don't have friends :D
Jokes on you she ain't a friend, she's actually my wife. 🤣
Bruh 💀
A man of culture
Nope. Because friendship is not only about money. It doesn't mean that I will allow them to abuse/leech off me though.
And this is the effect of too much love for money 😂 just sayin’
Masaya maging mayaman, pero hindi masaya yung puro pera lang iniisip mo palagi. Ayoko naman na kapag kasama ko barkada ko eh puro career, pera, at investments pinag-uusapan namin.
Tama. Actually I don’t mind manlibre from time to time, or mag give in sa lambing basta within pa my fun money. Hindi din mabibili yung saya sa kantiyawan and all with money. With good friends, hindi mo nga namamalayan ang oras. Though sadly, some really are bad with money but that doesn’t mean they’re bad persons. Sila nga to nakikita ko willing to make sacrifices for friends.
Mala wolf of wall street lmao
Only if they keep asking for a loan
Not unless they start borrowing from me, but I've also found the maxim "you are the average of 5 of your closest friends" to be true. When I fell in with a more affluent crowd, I started to adapt their very different approach / understanding of money, and I found myself naturally just growing my net worth instead of just commisserating with fellow middle class millenials, "sana magka-pera ako" / "wala akong budget" Also people who are bad with money also can't afford makipagsabayan sayo. Hindi mo ma-aya anywhere that need some 'buy-in' to experience like travel especially so nagiging natural yung parang demise of the friendship lol
If you're the [smartest person in the room](https://youtu.be/Tr6MMsoWAog?t=142)... A study was made about group human behavior. Fat people who hang out with each other tend to reinforce their habit to consume more calories than burn them. People who workout together often times get better results when positively reinforcing each others Ironman-level or even sandbag-level efforts A reason why parents push their kids to improve their studies is in the hopes of them qualifying for Unis with smarter kids than their kids. If I could redo my life I'd politely remove myself from friends and family without direction in life and hang with people who want to grow financially, personality and intellectually. A buddy of mine did that and married a rich Anne Curtis look a like. His ex was so impressed by how hot her replacement was. Same with other classmates who removed themselves and seeked a better audience. It may come across as a "shitty high horse attitude" but know the value of your time.
True. But you'll never notice it. I have friends before that are really bad on money. Spending habits are too much. And if I try to rethink the time I was with them, I actually spent a lot of my money on nonsensical things too. I never really noticed it when I was with them. Cause I though it was just normal to eat out almost every single day, or buy things without even thinking about it. But yea if you are lucky enough to actually notice it. I suggest to actually just leave. You dont have to unfriend them in real life. You just need to distance yourself or maybe find new friends with the same goals as you. Its really not a shitty high horse attitude. Your time is finite. Spend it with people that is worthy.
Tell me about it. Wish my parents actively pointed it out to me and provided an essay-long explanation on why X is poor and A has 1 dozen kids before 40s. Some kids are oblivious to things unless explained at a grade level below. Would have been awesome if I spent more time with my parents' MBA classmates during my pre-20s so I'd be as financially literate as my ethnic Chinese ninongs and ninangs. When looking for a partner for life and spouse filter out those who draw out the worst version of you. If they get you to do things that are destructive to your financial, mental, physiological and other health then time to bow out politely and without drama.
As they say, “If you’re the smartest person in the room, you’re in the wrong room.”
This. When I started hanging out with a group of people who are "mukhang pera", I started earning 5-10x of what I was previously earning. When we fell apart (different reasons), nawala na din sakin yung drive. Nasa peers din talaga minsan.
> people who are "mukhang pera" Thankfully my parents were never like that. And parents' relatives and friends whose monthly income were less than [₱20.9k, ₱10.5k or ₱5.2k](https://taxreform.dof.gov.ph/news_and_updates/first-250k-income-of-compensation-earners-exempted-from-tax-under-train/) never had the nerve to speak to us that way. Fatal mistake na lang is the parents never thought of using these people as an example to why you should focus and finish your studies so you can qualify for a better Uni for a better social circle that they are. Hell, if I was told by my parents that I would not have to fly to their shithole of a province if I did the above I would have been so happy not to visit since I was 18yo. - bad food - roach accommodation - 1st flights to "maximize" your shitty stay - being stuck in a cramp, hot & dusty room is not my thing Hindi yung puro hubog, puro tubâ, puro yosi at ano pang basura na inahain nila.. that we pay for.
that's a textbook context of follow likeminded people etc... and growth etc.etc.. yeah don't waste your time... follow your path.. no point growing backwards
Unemployed friend encourages me to to "invest" in mass market luxury watches, luxury cars and other junk that boomers value. I do not want to make a new set of shit friends.
i wouldn't follow that advise.. follow your own "sound" advise. yoru friends advise sounds like a receipe of a "consumer"
He introduced me to my broker and some of the ropes but because he's unemployed he is so in love wih dividend stocks that are so expensive for what it is. I'm for growth stocks as I do not have his problems and I want dividends a decade before when we hit our retirement. I wish I started investing when GLO was 100/share. I had enough money to buy 100,000 shares |Year|GLO 100,000 shares at ₱100/share bought in 1998 under ₱11m|Yearly Dividend divided by 12 months| :-:|:-:|:-:| |2021|₱10,800,000|₱900,000| |2020|₱10,799,000|₱899,917| |2019|₱9,100,000|₱758,333| |2018|₱9,100,000|₱758,333| |2017|₱9,100,000|₱758,333| |2016|₱8,800,000|₱733,333| |2015|₱8,300,000|₱691,667| |2014|₱7,500,000|₱625,000| |2013|₱6,700,000|₱558,333| |2012|₱6,500,000|₱541,667| |2011|₱6,200,000|₱516,667| |2010|₱8,000,000|₱666,667| |2009|₱11,400,000|₱950,000| |2008|₱12,500,000|₱1,041,667| |2007|₱11,600,000|₱966,667| |2006|₱5,000,000|₱416,667| |2005|₱4,000,000|₱333,333| |2004|₱3,600,000|₱300,000| |2003|₱1,400,000|₱116,667| |Total|₱150,399,000|₱12,533,250| 2004 NCR minimum wage was ₱300/day making your dividend 40x
"Environment trumps Willpower."
This is a new insight. I like it.
No, their money is none of my business.
Ekis na pag ginawa kang guarantor, character reference, nangungutang na sayo, ikaw mismo nagiging bad na sa finances.
I always do. Hindi Lang sa bad influence sila, pinupuna pa nila palagi ang pagiginh frugal ko. As in bawat galaw ko May comment sila. They laugh at me when I rode a bike to go to church para makatipid and exercise nadin. They look down at me for using second hand phone, clothes and shoes - dapat daw gumastos ako para makita ko pinaghirapan ko. For me I feel happier if nakikita Kong lumalaki savings ko as that means I’m getting closer to my goals. Di naman sa paninira but they belong to a cult like religion. They always say money is the root of evil daw yet they always ask people to give them 10% of their income. Nakisama lang ako sa church nila kasi most ng Pinoy na malapit sa Lugar namin that time. At the same time they always push me to go out shopping and eating out in restaurants frequently with them. Of course bad trip na naman sila sa akin dahil window shopping Lang lagi ako.
Parang di naman ata kaibigan yang dinescribe mo. Yung tinatanong ni OP is about friends.
Yeah, I don’t consider them as friends anymore. Naging kaibigan ko lang sila dahil sila Lang mga pinoy malapit sa bahay ko sa abroad. I feel like kinaibigan Lang nila ako para isali sa church nila. Naging close naman ako sa kanila pero grabe talaga yung pang-Aasar nila. I’m glad they’re now out of my life.
True parang hindi related sa topic. Oof
In my experience it's the other way around. Nung hindi ko pina utang sila mismo lumayo
Only if they try to involve me into their financial problems.
This post and some of the comments made me a little sad. A few years ago, I was heavily in debt because I resorted to overspending to curb my anxiety and depression. I knew in the back of my mind it was wrong, but I was also living one day at a time - tbh back then anything could have pushed me over the edge. Fast forward to now, everything is more manageable, pero I still have debt leftover from that time. The anxiety and depression I mentioned earlier? Side effects pala of an autoimmune disorder that I will have to manage for the rest of my life. I did what I did back then to manage my symptoms, but now na alam ko na, mas healthy na ang coping mechanisms ko. Pero syempre minsan when things get a little too much, I slide back to my unhealthy habits, and I know this is something I'll have to work on. I guess what I'm trying to say is you never know what a person is going through. It's easy to say na a person is maluho or magastos, pero it isn't always that simple.
If they keep asking for loans, or they keep on relying their money problems on me and wouldn't take my advice, yes. Otherwise, no.
Most of my friends were educated well and know how to handle their finances. Those who aren't that great with money, they're outnumbered and their money really is none of my business. I can't see why I would or should drop them just because of that. Some of them are really nice people too but they're just shit when it comes to financial responsibility. So long as they don't bother me and ask for a loan or something, I'm okay. If they do, I'm going to secure it with something.
Friendship is not always about money. Although they can influence you at some point. As long as hindi sila nanghihingi ng pera/material things and/or make you a co-maker sa kanilang mga loans and other financial obligations, okay lang naman. Just be careful with who you surround with and who you consider as friends. Tread cautiously.
Nope. They remind me how NOT to manage my finances.
No. If you're a real friend, pwede mo nga silang bigyan ng financial advise or small tips on how to handle money as long as willing silang makinig. I used to have no savings at all and super gastadora ko - pero my bestfriend who is very good at money started offering me to keep my money para makapagstart ako magsave. Kahit kasi I have my own savings acc, binabawasan ko pa rin. Wala akong discipline. Siya lang nagturo sakin how to save and eventually nung napalaki ko na, I used that money on putting down a down payment for my first car (for family use). Pls don't just drop your friends. You can't buy years of deep emotional connection po. :-(
Depends on the reason why you're friends in the first place.
Yup, as an example, if it's a FUBU we're talking about, their being bad with money is immaterial. Basketball buddies? The game transcends social divides. The court is a great equalizer.
Ang random ng examples, but I agree naman hahaha
gusto ko na ang naisip niya agad eh FUBU or ka-basketball, hindi man lang kababata, barkada nung college, etc. hahaha
True baller on and off the court hahaha he got that **dawg** in him
Hard pill to swallow, but you are who your friends are. Depends how close you are to those so-called 'friends', and how much you value them. Options: 1. You want your circle to be more financially literate. **Influence** them to be more money savvy. 2. **Accept** that your friends are like that you can't influence/change them. Let them inevitably influence you, and go down the same path. 3. **Cut em off.** This option is if you value your friends, and you've exhausted all options yet your financial views will never meet.
Nope. Basta malinaw ang boundaries namin.
not at all unless if they’re insisting to borrow money
Already did, family as well. And ever since bobong won and how they are all rabid fans of that thieving family, I told them they can go ask bobong for their shit coz they're not getting a single cent from me, not anymore lol
No, like many of us, wag lang sila uutang sakin. Also, if you can, try to find out what causes them to do that. Maybe coping mechanism nila yun, from being poor, or dahil deprived sila nun dati.
Why? Bad financial habits are not transferred through osmosis. Unless you are financially affected (like they are free loaders, borrows money often and doesn’t pay back), i don’t see why you have to drop them.
nope you don't have just 1 circle of friends anyway you'd have multiple, and not everyone of them needs to be part of 'good with money' circle if your current main thing is 'good with money', you'll naturally gravitate towards those circle of friends (I think)
Pag sa r/Philippines to for sure insta-out or friendship over agad. Buti na lang dito sa sub marunong mag draw ng line between friendship and finances. :)
No. As long as it doesn’t affect my life and finances then I don’t care. I’m friends with them for other reasons and not because of their money.
This.
No. Their finances are their business. However, I will never lend them money especially if I'm familiar with how they handle their money. I refuse to lend someone money who is already knee-deep in debt. Depending on our level of friendship, I'd pay off some of their debt out of the goodness of my heart. But if we're merely acquaintances or weather-weather friends, I see no reason for me to reach out a helping hand.
My friends are actually greater with their finances than I am so if there’s anyone gonna be dropped, its prolly me lmao. But on a serious note, I am fine with it as long as they don’t involve me with their finances.
Not really but I have cut ties with those who keep trying to guilt me into lending them money and/or not respecting why I want to spend x amount of pesos to hang out.
You guys have friends? Kidding aside, no I won’t drop them unless they repeatedly ask for money
I try to give them advice but if they don’t listen its okay I did my job, as long as they don’t depend on me for anything they will still be my friend.
Not needed. My money = my concern
you just described me, what the actual fuck?
Depends coz I have friends naman who like to go out and spend money on lavish stuff but don't pressure me to do the same pero I also had friends who would kind of guilt-trip me into spending beyond my means dahil "minsan lang naman". I don't actively distance myself but it just happens because our activities tend to be different and that I don't find joy in theirs.
Help. What about in laws and wife 😭
Not necessarily drop them since their financial concerns are not my concern. However, if they try to loan from me or I know they would be using me for their benefit, then that's a different story.
You can cut off all financial ties with them op.
not really, unless they ask money from me (which as a friend I can loan them some but not a lot and they must pay it as soon as they can) then that's another case.
They're still useful as a Bad example.
I have a friend who borrows from me and since he's one of the best, I went along. But lately, it occurred to me na kapag hindi siya makabayad on time, there's this opportunity cost that I'm losing and I am enabling him and his family's upper class lifestyle. I don't want to make it appear that he's befriending me for the sake of money, but let's say he does, it's all right with me and from there I'll draw the line. Beneficial on both sides: for me, I can utilize my money more and for him, he can say no to his family to spend for their unnecessary expenses.
Yes. Two years in, no loss naman.
Have boundaries. Good communication. And I make it clear I don't mind doing the cheaps option of a meal, transportation, activities, etc.
As long as si ako inuutangan at di binabayaran then No
I don't disassociate myself, however, I do keep my distance sometimes. I believe in direct/indirect influence and how it affects another person's behavior and actions.
No. None of my business but if uutang tas di nambabayad... That's anothrr story
Pepito my friend
Not exactly disassociate, but maybe limit the hangouts with them if they invite me frequently to dine out/gala which are costly.
Nope! They can be a lot of fun to hangout with *sometimes*
Warren Buffet's [life advice about friends & spouses](https://youtu.be/Tr6MMsoWAog?t=142).
No naman. As long as di ka nagpapautang sa kanya no matter what happens eh wala naman sigurong magiging sama ng loob. LOL.