Smart Way #44: Money buys friends but not the kind you want

Money buys friends but not the kind you want

No one likes to think they might be using money to buy friendship. But if you’re constantly picking up the bar tab for your friends or lending them money without getting paid back, chances are you’re stuck on a merry-go-round of being taken for granted.

Do you have friends who somehow ‘forget’ to pay you back when you buy them a concert ticket, or perhaps a mate who constantly catches a ride in your car without ever contributing to petrol costs.

Worse still, you might even be going into debt for others. If so, it’s time to wake up and realise the damage you’re doing to yourself. Stop believing the media when they tell you that spending on others will bring you popularity, or that money will buy you happiness.

I’m all for being generous, but you need to think about your motivation for that generosity.

To quote the late British comedian, Spike Milligan: ‘Money won’t bring you friends, but it will bring you a better class of enemy!’ It’s true – friends that are attracted to you because of your money aren’t friends at all. Learn to say no, have self-respect, bring your best to others and expect the best from them.

Smart Way #42 of Making It on My Own; 52 Smart Ways to Smash It in the Real World.