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The Cut

How Do I Deal With My Rich Friends?

The Cut

New York Magazine

Personal Journals, Documentary, Arts, Fashion & Beauty, Society & Culture

4.41.7K Ratings

🗓️ 8 December 2021

⏱️ 29 minutes

🧾️ Download transcript

Summary

We trust our friends with the most intimate details of our lives. Yet for a lot of us, talking about finances feels off limits. So what happens when you find yourself in a friendship where money becomes an issue? In collaboration with NPR's Life Kit, the Cut's Jazmín Aguilera tries to find a solution. First, she talks to TikToker Tom Cruz, who went viral for showing the world a spreadsheet of his friends' incomes. He says radical transparency is the key to managing friends and money. Then she talks to Otegha Uwagba, author of "We Need To Talk About Money," on how to deal with friends who are much wealthier than you. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:43.1

The cut. The cut. The cut. The cut. The cut. The cut. When I was five years old, my

0:54.8

mom would sometimes pick me up on her lunch break with her coworker Lori. One

0:58.7

particular Friday, she took me to upper-crust pizza. It was a convenient spot

1:03.3

for her and Lori. But to my five-year-old mind, the gold banisters and big

1:07.4

leather boots meant that this place was a high-class joint. We sank into the

1:12.4

boots, drank sodas out of mason jars, and ate our square pizza slices. It was a

1:17.2

good time until the check came. And dear listener, this was not an expensive

1:22.1

bill. It was lunchtime prices at a pizza parlor in a sleepy beach town. But I

1:27.4

didn't understand anything about money yet, being five years old. And remember, I

1:31.4

was taking the name upper-crust literally. So when Lori and my mom started

1:36.1

doing the old, no, please let me pay tug of war. I blurted out, mom, why are you

1:42.2

fighting her? She wants to pay for it? Let her pay for it. It's free money. Of

1:46.6

course, they laughed. And this story continues to be a family favorite. We bring up

1:49.8

every time we go out together to this day. But what little five-year-old

...

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