Stop drowning in debt to impress your friends
Stop drowning in debt to impress your friends. We love our friends and family. However, we can’t spend money we don’t have to impress them. For many people social media has become an opportunity to display what they do, where they go and how much they make and have. Living for social media and to impress friends and family can destroy your budget and prevent you from building wealth.
Live within your means
Create and stick to your budget. The pictures of your friends in Maui look amazing. And your pictures in Maui will receive many interactions and likes. However, your budget and finances will suffer. A great way to avoid the mental strain is to disconnect as much as possible from social media. Easier said than done, I know. But trust me not seeing your friends on the beautiful beaches of Maui will allow you to stick to your budget and not suffer from FOMO fear of missing out.
Stop drowning in debt to impress your friends
Be honest. It’s never easy to tell your friends and family no. Especially due to your lack of finances. However, spending money you don’t have will leave you drowning in debt and far removed from achieving your financial and life goals. Being honest with your friends and family will initially feel like a cry for help. But it will also allow you to take a huge weight off of your shoulders. A weight of trying to show to the world you are ok. It’s ok not to be ok. Budget Build Buy resources will make it ok but it takes work.
Share your goals with your friends and family. Tell them and detail to them what you are working towards and why. Your friends will appreciate your honesty and support you even more.
Set limits
If you do decide to do stuff make sure you stay within your budget. Don’t allow pressure from others to spend on things you can’t afford just to keep up with appearances. If your budget is dinner and a movie. Stick to a dinner which fits your budget. Trust me, you won’t enjoy that expensive meal when you’re struggling to pay your bills and months later are still paying for it.
