Comments on: Are Your Friends Putting You in Debt? http://masteryourcard.com/blog/2008/06/09/are-your-friends-causing-you-debt/ The best Credit Card Debt Blog online Thu, 02 Feb 2012 13:31:13 +1100 http://wordpress.org/?v=abc hourly 1 By: 6 Lessons Learned From Being In Debt | pfbloggers.com http://masteryourcard.com/blog/2008/06/09/are-your-friends-causing-you-debt/comment-page-1/#comment-9126 6 Lessons Learned From Being In Debt | pfbloggers.com Tue, 18 Nov 2008 14:41:05 +0000 http://masteryourcard.com/blog/2008/06/09/are-your-friends-causing-you-debt/#comment-9126 [...] wrote an article some time back about how friends can keep us in debt. Sometimes sticking to our budgets is hard to do when friends on a different payscale are [...] [...] wrote an article some time back about how friends can keep us in debt. Sometimes sticking to our budgets is hard to do when friends on a different payscale are [...]

]]> By: Liz http://masteryourcard.com/blog/2008/06/09/are-your-friends-causing-you-debt/comment-page-1/#comment-4647 Liz Thu, 21 Aug 2008 16:05:56 +0000 http://masteryourcard.com/blog/2008/06/09/are-your-friends-causing-you-debt/#comment-4647 I no longer get into this trap, but I do have some friends (husband and wife) that did about two years ago - and I might have been one of the ones they were trying to keep up with. Then my friends bought a house and all the maintenance costs that go along with it. They did the right thing at that point, admitted they were a little strapped, and put a moratorium on the outtings. This was fine, since instead of going out we would gather at their newly-purchased home and have a pot-luck dinner. It saves me money too, which is a good thing. Unfortunately, this has been going on for about a year and a half now, and literally the only time we (I am now engaged to her brother) see them is when we go over to their house. They didn't even come to the family camping trip this year, even though our parents paid all the camping fees for us, and the campground was only 25 miles away from home. Have they not caught up on the expenses, or has it just become a habit to stay at home? Or perhaps they've just transfered all their overspending to the house itself. Overspending is bad, but isn't it also stressful for yourself and your marriage if you never leave home even for inexpensive outtings? I no longer get into this trap, but I do have some friends (husband and wife) that did about two years ago – and I might have been one of the ones they were trying to keep up with.

Then my friends bought a house and all the maintenance costs that go along with it. They did the right thing at that point, admitted they were a little strapped, and put a moratorium on the outtings. This was fine, since instead of going out we would gather at their newly-purchased home and have a pot-luck dinner. It saves me money too, which is a good thing.

Unfortunately, this has been going on for about a year and a half now, and literally the only time we (I am now engaged to her brother) see them is when we go over to their house. They didn’t even come to the family camping trip this year, even though our parents paid all the camping fees for us, and the campground was only 25 miles away from home.

Have they not caught up on the expenses, or has it just become a habit to stay at home? Or perhaps they’ve just transfered all their overspending to the house itself. Overspending is bad, but isn’t it also stressful for yourself and your marriage if you never leave home even for inexpensive outtings?

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