Too secretive?

Barros

2 of my friends who were in my close circle of friends both earn considerably more than me. Yet they had an inkling that i had savings - and on night outs you should see them waiting for me to get a round in?

and one friend who insisted we get a taxi everywhere yet conveniently never had change to pay for it??? i'll give you it when i lift money ... yeah right.

needless to say, i dont go out with her any longer. sad i know but i remember watching Neighbours when i was about 11 or 12 and somebody loaned money to a friend and never got it back: then and there i learnt my lesson - never mix friends with money. Always ends badly!

I'd much rather have a night in with friends or even myself, than go out with a friend and be resentful as she doesn't put her hand in her pocket

Bloomberg

Barros wrote: »

2 of my friends who were in my close circle of friends both earn considerably more than me. Yet they had an inkling that i had savings - and on night outs you should see them waiting for me to get a round in?

and one friend who insisted we get a taxi everywhere yet conveniently never had change to pay for it??? i'll give you it when i lift money ... yeah right.

needless to say, i dont go out with her any longer. sad i know but i remember watching Neighbours when i was about 11 or 12 and somebody loaned money to a friend and never got it back: then and there i learnt my lesson - never mix friends with money. Always ends badly!

I'd much rather have a night in with friends or even myself, than go out with a friend and be resentful as she doesn't put her hand in her pocket

You learned a valuable lesson watching neighbours. Your savings target is impressive and I wish you all the best.

'Money lent, an enemy made'

Barros

^ who would've thought that Neighbours would have taught me a lesson! don't worry - i dont watch it anymore

And thanks very much - it'll be impressive if I reach it at least!! x

diable

I share my finances with my partner and not the tax man..........

rozmister

I really struggle to talk about money and have only recently started confessing (only to my best friends) how much debt I have. You could have cut the atmosphere with a knife when I told my boyfriend I was £5,500 in debt because I was SO nervous. I also never asked him how he paid for his brand new off the forecourt car or how much it cost because I wasn't comfortable but he told me anyway! I'm trying to be more open because if I admit I struggle with the pennies it's easier to understand the reason I'm cutting back in some areas.

My mother said Never a lender or borrower be and I try to stick to that. Occasionally I pay for our council tax (Shared house) before I get the money from my housemates but they do the same with gas/electricity and I have bought something from a shop for a mate whose paid me back but I don't do loaning money to be spent by someone else how they like and I never borrow money for general spending from anyone except my Mum and even then it's normally £10 on a Sainsbury's gift card so I can buy food!

Francesanne

We had a family friend who's now dead but her sister was always tapping her for money & she was a real softie & couldn't bear to see her sister cry (crocodile tears). Her sister always had fantastic tales of pity & hardship to spin & the younger sister just couldn't say no. She was owed over £4,000 & died without getting any of her money back (her husband to this day doesn't know what happened).

rozmister

Francesanne wrote: »

We had a family friend who's now dead but her sister was always tapping her for money & she was a real softie & couldn't bear to see her sister cry (crocodile tears). Her sister always had fantastic tales of pity & hardship to spin & the younger sister just couldn't say no. She was owed over £4,000 & died without getting any of her money back (her husband to this day doesn't know what happened).

Something similar happened to my aunt but it was her son! My cousin has a lot of issues and a drug dependency problem and knew his mum was soft and would "find" the money for him if he told some tall (or not so tall) tale about people with bats planning to break his legs or there being no money for gas in the middle of winter. When she died she owed £40,000 in loans she'd taken behind her husbands back to fund her son. Luckily she had taken every insurance policy going and they paid out on her death but it was so sad. Her own son He's in prison for life now as well so there's no happy ending either!

rogerblack

Lokolo wrote: »

To be fair, even people on MSE are like that when they first come, post their SOAs and it shows £30 a month for TV and Broadband... yet they are £x in debt paying 20% APR!

Frivolous spending, as long as it's held to a sharp minimum can be good for you.

You can save a lot of cash by getting in, and lying in bed in the dark, with no heating on.

But very few of us would consider that.

However - some degree of spending on entertainment can mean that you're less likely to slip on other things.

At the end of the day - 30/month is very, very easy to blow.

scottishminnie

Having contributed my thoughts to this a few days back I was highly amused and totally horrified (in equal quantities) when I overheard what I'm guessing was some sort of a loan/cash advance application being conducted on my train journey home tonight.

I couldn't believe what I was hearing - name, address, length of time there, previous address, length of time, employers, length of service, salary, outgoings. It was impossible not to hear the conversation and I was about 3 rows of seats behind! But the real killer came when the young lady gave out her switch card details - full number, start date, end date and then finally a 3 digit number which I could bet was the security code from the back. :eek::eek::eek:

So if there were any fraudsters in the front carriage of the Edinburgh to Dunblane train tonight they must have thought it was their Christmas and birthday rolled into one - this was one young lady who had no qualms about sharing her her financial details with anyone who cared to listen.

I suppose it takes allsorts to make a world:)

Bloomberg

scottishminnie wrote: »

Having contributed my thoughts to this a few days back I was highly amused and totally horrified (in equal quantities) when I overheard what I'm guessing was some sort of a loan/cash advance application being conducted on my train journey home tonight.

I couldn't believe what I was hearing - name, address, length of time there, previous address, length of time, employers, length of service, salary, outgoings. It was impossible not to hear the conversation and I was about 3 rows of seats behind! But the real killer came when the young lady gave out her switch card details - full number, start date, end date and then finally a 3 digit number which I could bet was the security code from the back. :eek::eek::eek:

So if there were any fraudsters in the front carriage of the Edinburgh to Dunblane train tonight they must have thought it was their Christmas and birthday rolled into one - this was one young lady who had no qualms about sharing her her financial details with anyone who cared to listen.

I suppose it takes allsorts to make a world:)

The woman on the train was extremely careless to say the least. In this day and age doing what she did was asking for trouble.

Going back to the original thread I strongly believe that money really does bring out the very worst in people which in some cases leads to theft from loved ones and friends. At the end of the day you do not owe your family and friends a living.

When people ask you how much you paid for something or how you afforded it, that is the height of rudeness. I think that there is little to be gained from disclosing your finances to other people. Talking about money in general is totally different from telling people about your own finances.

People should consider this scenario. What would happen if they won £20k on a scratch-card and told everyone about it? Think how many people would ask for 'loans' or expect a handout. The truth of the matter is that even if you offered to buy them a coffee and a cake out of your winnings - that is a coffee and a cake more than you are obliged to buy them.


:mad: