Comments on: Beware of the Company You Keep

By: James

James — Wed, 26 Dec 2012 03:11:15 +0000

There is also a flip side to this. If you spend time with those who are richer than you, you’ll also hopefully develop some of their personal finance habits – which may help educate you or give you access to better/more lucrative investing opportunities.

By: Yakezie Carnival: Setting Your Clocks | 20 and Engaged

Yakezie Carnival: Setting Your Clocks | 20 and Engaged — Mon, 12 Mar 2012 13:09:32 +0000

[...] @ Saving Advice writes Beware of the Company You Keep – Choosing to associate with people who share your values about money will make it easier to [...]

By: Link Love | Preserving Pennies

Link Love | Preserving Pennies — Sat, 10 Mar 2012 10:54:59 +0000

[...] Beware of the Company You Keep – Saving Advice – This post reminded me of a chapter in ‘The Wealthy Barber Returns’ that talked about the difficulties of having friends and neighbours from all over the pay scale. I hadn’t thought about the impact that this had on us prior to reading the book but it has really stuck with me and I’ve been mulling it over quite a bit every since. (Stay tuned for an exciting giveaway announcement next week that may or may not have to do with the aformentioned book!) [...]

By: Gail

Gail — Fri, 09 Mar 2012 08:08:40 +0000

Sometimes it pays to live the simple life and be semi-hermits (or in hubby’s case a hermit)! I go to a Bible study at a friends house, but other than that I don’t go visiting at all. I love my house and its reasonable mortgage for the space we have. My husband built the house with help from friends so it cost us about $110,000-120,000 to build (land given to him by his father), but we have to insure it for $500,000 because of all the special features hubby managed to install by repurposing things like marble and granite from a school in town that was torn down, and other things that make a truly unique home. The Jones’ would probably envy us LOL! My most frequent visitor is my son with the same attitude about money that we do and that helps alot.

By: Julie @ Freedom 48

Julie @ Freedom 48 — Thu, 08 Mar 2012 02:43:03 +0000

So true! I find it incredibly difficult with my family. Some of my close family members are big spending, high class, fancy ass people! We, quite simply, are not. We’re constantly turning down invitations for concerts, events, meals out, or outlet shopping trips to the U.S. I try to find other ways to be able to spend time with them and connect… without spending a ton of money. It’s hard.

By: Julie

Julie — Wed, 07 Mar 2012 02:12:45 +0000

I completely agree with you…and what you find when you take this approach is that you don’t end up with a large number of close friends because it really isn’t that easy to find people that live within their means and aren’t trying to impress others. (at least here in Southern California) The older I get, this becomes even more important. I am no longer interested in having to impress anyone, and I don’t want friends that like me because of what I own. If they even pay attention to what brand of purse I carry, they aren’t a good match for me.

By: John | Married (with Debt)

John | Married (with Debt) — Tue, 06 Mar 2012 19:30:04 +0000

I agree. I was tired of always feeling down about my job so I started avoiding those coworkers who only complain.

It worked wonders.