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What should you do when a rich friend invites you on a holiday?

3 pointsby colinprince5 months ago

2 comments

elmerfud5 months ago
I like this article especially the first two points that it makes are critical and bother a lot of people for some reason. I can tell you from experience I have more disposable income than most of my friends. Those two points are critical.<p>I absolutely understand that I may suggest we do something that is well outside of their budget. This can be something as extravagant as a vacation or as something as simple as which restaurant you want to go to. There are always those people who don&#x27;t understand the concept of money budgeting and finances but most people with moderate or even high wealth didn&#x27;t inherit it they earned it and so they still conceptually understand these things. So simply mentioning that it&#x27;s not within your budget gives a real legitimate concern and then being able to accept that some or all of it may be paid for.<p>Generally if I&#x27;m suggesting something like this to my friend I already have an idea that it may be out of their budget. When they bring it up we can just have a very honest conversation about what would be in their budget and maybe they pay something and I pick up the rest. Because as my friend I know they&#x27;re not extorting and exploiting me for money but I want them with me to enjoy the time that I&#x27;m having.<p>Now this dynamic gets turned on its head when you&#x27;re less affluent friend constantly asks you for money or to take them places outside of the budget. That person quickly stops becoming a friend because I&#x27;m happy to do very modest things with my friends as well because they&#x27;re my friends first. The financial difference is not really relevant to a true friendship.
cityzen5 months ago
First you sit them down and watch Saltburn.
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