It's No Secret

72. Friends & Money: Does Money Affect Friendships?

Catherine Emerson & Christine Jensen Season 4 Episode 72

In today's podcast episode, we’ll be chatting about how people's differing money situations can affect friendships and ultimately behaviour.

At some point, you’ve probably experienced a difference in wealth (or perceived wealth) between you and your friends. But should you let this difference in lifestyle affect your behaviour? Let’s discuss.

Specifically, we chat about:

  • Why there will always be differences in wealth between your friend groups
  • How your definition of wealth and priorities changes over time
  • What drives the feeling of competitiveness
  • How people tend to talk less about money as they get older
  • What you can do to stop comparing yourself to others

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Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

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