1748: Friends with Money: Smart Strategies for Managing Wealth Gaps in Friendships

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.7 • 1.9K Ratings

🗓️ 13 November 2024

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Have you ever felt uncomfortable splitting a dinner bill with friends or hesitated to join a group vacation because of the cost? Maybe you’ve wondered if your friends view money the way you do. Friendships are one of the most rewarding parts of life, yet they come with their own set of challenges—especially when money enters the picture.

Today, we’re diving into this problem with someone who has tackled this topic head-on. Kristin Wong, an award-winning journalist and author, has explored the subtle, often unspoken ways wealth gaps can impact friendships.

Her recent article in The New York Times uncovers the nuances of these situations and how friends navigate the social and emotional dynamics of financial imbalance. Follow Kristin's Substack, "Untranslatable."

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Transcript

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0:00.0	Sometimes running a business can feel like cycling uphill
0:04.0	with square wheels.
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0:57.6	Lingo is a mark of Abbott.
1:02.4	So Money episode 1748, Friends with Money, top strategies for navigating wealth gaps without awkwardness.
1:12.6	You're listening to So Money with award-winning money guru Farnoosh Torabi.
1:17.6	Each day, get a 30-minute dose of financial inspiration from the world's top business minds,
1:22.9	authors, influencers, and from Farnoose yourself.
	...

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