Skip to player
Skip to main content
Skip to footer
Search
Connect
Watch fullscreen
Like
Comments
Bookmark
Share
Add to Playlist
Report
If You’re The Friend With Less Money, Here’s How to Have Those Conversations
Pennygem
Follow
6/2/2025
Money is an extremely sensitive subject to talk about because of the shame and judgement that comes from it, but there are ways to manage different incomes in a friend circle. PennyGem’s Johana Restrepo has more.
Category
📚
Learning
Transcript
Display full video transcript
00:00
Everyone in a group of friends has different budgets.
00:06
Money is an extremely sensitive subject to talk about because of the shame and judgment that comes from it.
00:12
But there are ways to manage different incomes in a friend circle.
00:16
If you're the friend with a bit less money,
00:18
NerdWallet recommends that you think of experiences you want to invest in and those you'd rather skip.
00:24
Maybe you'd rather eat at home and pay for a concert instead.
00:27
Having a clear idea of this will help you accept some invitations and decline others with confidence.
00:34
You can also plan more affordable gatherings like hosting a potluck or going for a walk or a bike ride.
00:41
If you're the friend with more money,
00:43
Be compassionate when your friend says they can't make it or if they straight up tell you they can't afford it.
00:49
These conversations do get easier as you open up with each other.
00:53
CNBC points out that being open about finances with your friends can be empowering and will hold you accountable to meet your goals.
01:02
JOYS
01:04
.
01:05
eksigy
01:12
EЭто
Recommended
0:57
|
Up next
The Smart Way to Handle That Bonus Paycheck.mp4
Pennygem
6/20/2025
1:00
Pay Attention to These Mistakes You Might Be Making on Video Calls
Pennygem
6 days ago
1:15
Stop Car Crime in Its Tracks With These Helpful Tips That Do Not Cost a lot of Money
Pennygem
6/23/2025
1:08
American Tourist Describes Moment She Survived Sinking Ferry in Bali
People
6/6/2025
0:25
Lilo, Stitch & Tom Top Weekend Box Office
Cheddar News
6/2/2025
0:59
Retirement Discussions Should Revolve Around Other Things Beside Just Saving Money
Pennygem
3/17/2025
2:41
The Pickup Trailer #1 (2025 Movie) Eddie Murphy, Keke Palmer
Zero Trailers
6/9/2025
3:15
There was bad news and good news across the NFL on Monday morning
AtoZ Sports
6/9/2025
0:33
Sister Hires Limo to Pick Brother Up From School and Prove Bullies Wrong
People
6/2/2025
1:15
Trust Us When We Say It’s Worth the Hard Work to Save Up for a Down Payment
Pennygem
1/9/2025
1:25
Starting a New Relationship? How to Have That Money Conversation
Pennygem
6/3/2024
1:11
Here’s How to Get Through Those Tough Money Conversations With Those Closest To You
Pennygem
2/23/2024
1:01
Inflation Can Change the Way You Spend Money
Pennygem
8/20/2024
44:37
Maggie Rose Should Not Be Underestimated | Biscuits & Jam | Season 6 | Episode 14
Southern Living
yesterday
0:35
How to Store Onions in Pantyhose
Southern Living
4 days ago
0:39
How to Make Pontoon Dip
Southern Living
5 days ago
1:03
Should You Get That Joint Credit Card With Your Spouse?
Pennygem
5 days ago
1:00
The Most Common Video Call Mistakes—And How to Avoid Them.mp4
Pennygem
6/17/2025
0:48
The Best Strategy for Retirees to Combat Loneliness.mp4
Pennygem
6/16/2025
1:00
Saving for a Down Payment Is Hard — But It’s Crucial
Pennygem
6/9/2025
1:12
These Are the Alternatives to Owning a Home That Everyone Should Consider
Pennygem
6/6/2025
1:22
Be Careful Financially If You Want to Install a Pool This Summer
Pennygem
6/5/2025
1:12
Should You Retire Or Actually Start Working Again?
Pennygem
6/4/2025
1:09
Why Did These Things That Used to Be Free Cost Us A Lot of Money Now
Pennygem
6/3/2025
1:09
If You’ve Been Laid Off, Use That Time to Learn New Skills
Pennygem
6/2/2025