Having a budget and staying away from spending can be affected if you have several types of people around you that affect your financial stability.
They are family members, friends, or even co-workers who may pressure you emotionally or socially to make purchases or spend money when it was not in your plans to do so. Many times, compromising social situations can force you to give in!
The 3 Types of People Who Affect Your Financial Stability
Young people are often easy targets for these kinds of influences. Still, adults can also be affected in their pride if they are asked questions such as: “you have no money,” or ” your wife/husband won’t let you spend.”
To help you escape these situations, Arkapital has identified the 3 types of people who affect your financial stability. Decide to stay away from bad economic influences and prioritize your planning.
The False Advisor
When a friend or colleague assures you that you should invest or “take advantage of the opportunity” to do business based on their financial “expertise,” you should be careful.
Blindly trusting people’s recommendations with no verifiable business experience can result in bankruptcy or financial problems for years to come. Only experts in financial services or workers in the banking field can give you tips or advice. Take care of your wealth, and do not believe in false advisors!
The one who challenges you to spend
There is never a shortage of friends who invite you to buy, consume or dispose of money even if they can’t afford it. They usually ask you to go places or shopping. If you respond negatively, they often use coaxing phrases to make you feel bad and give in.
These friends who dare you to spend your money are common and take advantage of emotional weakness to get their way. They often cause you to have debt and family problems. They even encourage compulsive consumer behavior.
The key to avoiding them? Be firm and remember the spending priorities and luxuries you can afford. In addition, it can help to limit outings and casual encounters with these types of people.
The one who looks for accomplices
It’s no secret that shopping is pleasurable, and it’s even more so when we do it in company. A third of the types of people who affect your financial stability are those who seek to push you to spend with them.
They may wrap it up with phrases like, “What if you buy one too? This kind of clothing looks good on you, buy it!”. These are direct invitations to consume just like him and thus enjoy both of them waste money.
Although not as aggressive as the first two, this type of person can also push you to buy unnecessary things. We invite you to be neutral and resist temptation by keeping in mind your spending control.
From Arkapital, we understand that the types of people who affect your financial stability may be very close family members or even crucial people in their jobs.
That is why we invite you to maintain a neutral attitude and be firm with your decisions. We have experts in financial services who can advise you in the process and help you maintain a healthy relationship with your finances. Take this opportunity to make a significant change!
