Peer Pressure Spending Is SO Real – Here’s How to Combat It

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Don’t go into debt just to hang out with your friends. Here are a few ways to combat “peer pressure spending” and save money, even when others aren’t.
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Your friends are the type who always like to go out to fancy restaurants, but you’re trying to stay conscious of your spending habits. What do you do? In this episode of The Finance couch, financial consultant Ross Mack explains how to combat “peer pressure spending.”

22-year-old Camille, a college student in California, wants to know how to handle situations where her friends want to go out and spend money that she doesn’t have. Ross suggests communicating more clearly about her budget and spending limits, expressing that it’s okay to sit out certain experiences if it’s going to help her save money.

Ross also introduces tools like the Groove tool to help track inflows and outflows, ensuring students can save more and avoid debt. Camille realizes that open communication with friends about financial concerns can lead to more budget-friendly choices and reduce the pressure to overspend.
Join Camille on her journey to financial stability and learn how you can manage peer pressure and make smarter financial decisions. Don't miss out on these valuable tips to help you save money and achieve your financial goals.

Sponsored by Experian #FinanceCouchExperian


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