How I Keep Friendships While Being Frugal

My friend Leif over at FiveYearFIREescape.com was kind enough to submit this guest post about how he keeps his friends while being frugal at the same time. Without further ado, take it away Leif! 

I’m Leif and my wife and I retired a couple of years ago and started a blog about finances for busy people. We got there with some saving and normal investments and we keep it up because we still have some amazing goals (that’s important for this process). 

But first, who is this guy?

…Back to our time-eating, money-spending friends:

Going out for dinner and drinks is both fun and a normal thing to do (unlike epic levels of saving). Even if you try your darndest to keep the bill small, you still somehow spend fifty bucks at the end of the night.  

Option A – I deserve to go out. Hey, I get it. You work hard, and you deserve to blow off some steam at the pub or take your in-laws out for dinner, right? Option B – I can’t afford that. So the other option is to start dodging these outings altogether. I’d rather stay in, guys. 

So what do we do? Well, it seems like we have two options: 

Bring your friends into your goals

“I can’t” isn’t part of our vocabulary. We bring our friends in on our plans and get them to be our cheerleaders. 

1 – Say no. After you say no, don’t waiver. 2 – Remind your friends of your super goal (remind…not surprise) 3 – Offer up something that works for everyone:

Our power phrase to stay frugal

One of the reasons we like this phrase is that it’s pretty badass but not threatening. Like we are mafiosos of saving.  

So here’s what happens next.  

The response will be awesome! 

Swipe up now to read the full post!