If you want to preserve your relationships as your financial status changes, approach your interactions with forethought and care.
...
Be sure to include the following:
“Keep in touch with your friends and be honest with them about how you are feeling.” --Celebrate and maintain a sense of humor together about the changes, Denslow says. --Use Facebook, Skype and other tech tools to stay in touch between visits, Rosen says.
“People don't like talking about money,” says the financial therapist Simonne Gnessen. “So rather than tackle a situation that is difficult, they say nothing, which can create conflict and break up friendships down the line.” The wealth gap also affects romantic relationships.
How to Help Your Financially Struggling Friend (without making things weird)
How to Handle Making More Money Than Your Friends
The four stages are 1) Acquaintance, 2) Peer friend, 3) Close Friend, and 4) Best friend. Let's take a closer look at each one. All friendships initially start out as an acquaintance.
The lack of structure that friendships are based on means there's not always pressure to see friends often or prioritize them like we do with our immediate families. As a result, maintaining our friendships can be hard and we often find that many people end up floating out of our lives as easily as they came in.
For the rich, money cannot buy happiness, but for the poor money can. Money can buy safety, security, a house, food, water, shelter and yes friendship and love, because most people are not interesed in the poor for love or friendship, so of course money is more important than friendship.
Friends are important – they give us a feeling of belonging, bring fun and laughter, lend an extra hand, offer emotional support, and give guidance when you need it. And, whether you realize it or not, their influence goes well beyond the moment. Your close friendships help to shape the course of your life.
Concomitantly, a person with Sudden Wealth Syndrome may notice a change in how their friends, family, and colleagues interact with them upon news of their new financial status.
...
Sudden wealth syndrome.
| Sudden Wealth Syndrome (SWS) | |
|---|---|
| Medication | No medication |
We put together this list of statements to avoid saying to a friend who's working toward financial fitness, and what you can do instead.
Give the person information on low-cost housing, insurance, etc., as needed for the situation. Be tactful and matter-of-fact about it. Say something like, “I heard about this great program for insurance for kids of parents who are having financial troubles.
Ways to help family and friends with their finances
Yet No Comments