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Are your friends sending you broke?

Updated: Jun 4

Friends on a boat
Are you going broke trying to keep up with the Jonses?

The NEWDAILY: 29th October 2014


Are your friends sending you broke?


As life progresses, so does your income, but not everyone’s income grows at the same rate. Friends that shared the same broke instant ramen or cheap pizza at uni may have moved on in tastes.


“Of course we all want to feel part of something,” financial advisor Peter Horsfield says. “However, overstretching yourself to keep up with the Joneses is both an emotionally and financially risky strategy.”


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