Whether you know it or not, your friends influence you both personally and financially. Are your friends’ money habits helping or hurting you? When I was in a financial mess years ago, most of the people I hung out with were in the same boat: bouncing checks, visiting payday lenders, etc.
It’s been said that I could guess your net worth by averaging the net worth of your five closest friends. Am I saying you should ditch your current friends? Not necessarily. But if you’re trying to become financially healthy, seek to spend more time with people who have positive money habits.