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Breaking Off a Friendship Because of Money

Savvy Confessions: Should I Drop My Cheap Friend?

This reader posted in our anonymous Savvy Confessions group, asking if she should drop a cheap friend. Do you have any advice for her?

I just made a new friend and I get along really well with her. Everything about her seems to be great, except she has this one flaw . . . I'm beginning to realize that she's quite stingy. She'll try to get away with not paying or she'll say she'll give them money later . . . and she doesn't! Is this a reason to break off a friendship? It's starting to get on my nerves.

Pose your own anonymous questions or off-load your work confessions by posting in the Savvy Confessions group, and I'll find the right expert to help you out.

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testadura67 testadura67 5 years
It's not necessarily a reason to break off a friendship, just set a very firm boundary that you will not pay for her or front her money. If you have a good connection with her otherwise, I'd say stay friends. Everyone has their flaws. If she owes you money, next time you're about to meet up ask her if she could swing by the bank on the way to meet up so she can pay you back what she owes you. If she dances around it, I'd say it's less of a stingy thing and more of a manipulative thing. Stingy's forgivable. Manipulative, not so much.
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