This guest post comes to us via Anna Newell of And Then She Saved fame. Anna went on a spending fast to get out of debt. She expected to save money. She didn’t expect that it would affect her social life. Here’s how she recommends dealing with friends who want to spend money and how to have a social life without going broke.
If the friend persists in their questioning or if they insist on paying so you can participate, tell them all about what you are doing and why.Tell them that you’re going to be in a better place at the end of the Spending Fast and that’s why you’re doing it in the first place – that will go a long way in helping the situation.
Go with your friends and do the cheapest (read: free) version of whatever they are doing.
If they are going for drinks, get a tonic water with lime so it looks like a drink and no one will give you grief. Have drinks at someone’s (or your) house before you all go out. If it’s dinner out that they’re doing, find a friend to split an appetizer with or eat dinner at home before you go.
Just don’t make it a big deal that you’re not spending money. Have a great time. Don’t focus on the not being able to spend money part. It’s not about spending money it’s about spending time with your friends and the money-spending-part is just a common side-effect of hanging out with friends. You’re being pro-active and doing what you need to do to get yourself out of debt. It’s a very good and responsible thing to undertake.
You might be surprised how many of your buds are in the same situation financial situation as you and you just don’t know it. Being broke and being in debt isn’t something that many people talk about. It’s typically considered very private information. A lot of people do what they have to do to keep up appearances and they may not be doing as well financially as they seem to be.
I racked up a lot of my debt because I kept doing things and buying things that I just could not afford because I wanted to keep up appearances and keep up with everyone else. I tried to avoid realizing and recognizing this for a long time and I got into a lot of debt because of it.
Free (or super cheap) things to do with friends
Eat your brown bagged lunches from home in the park together
This is a good one to do with work friends!
Start a Spending Fast Group Challenge
How much can you each save? This can be set up on a percentage basis (similar to how The Biggest Loser TV show does it since they all start at different weights).
Get a thrift store tennis racquet and go to the public tennis court and hit some balls
Even if you have no idea how to play tennis it’s fun to run around and whack the balls.
Do a clothing swap
Everyone rounds up all of their un-used and un-wanted items and trades. Everyone gets something new to them. (Here’s how to purge your closet without losing your mind.)
Host a game night at one of your houses
Check out movies from the library and gather up at someone’s house to watch
Variations on this classic saving money option is to theme it out: Horror/scary themed movies. 80’s movies. Nicholas Cage movies… Bonus: home popped popcorn is super cheap. If you already have Amazon Prime or Netflix there are tons of movies you can stream for free!
Get together and make crafts using supplies you all collectively already own
Who can bring what and what can you make?
Group bike ride
Everyone takes turns mapping out a route!
Backpacker.com can help you find the best trails in your area!
Volunteer Match is a great place to start!
Start a book club
Check out the same book from the library. Again, if you’ve got Amazon Prime and a Kindle, you’ll have access to tons of free books!
Team up with a bud and be getting-out-of-debt supporters for each other
Bonus: you’ll have someone to split appetizers with and cheer you along.
Google “free things to do in (insert your city here)”
There are probably a lot of things going on that you don’t know about!
Host a potluck
Just don’t buy anything new for the ingredients! Only use what you all already have in your kitchen. If you can only make a peanut butter and jelly sandwich make a couple and cut them in 4’s. There you go – finger foods! And really, who doesn’t love PB&J? Or host a breakfast potluck!
Do a group yardsale
Go to the public pool
If you’re here in Minneapolis, check out the Webber natural swimming pool!
Do a picture Scavenger Hunt
Make lists and separate into smaller groups. Here’s a great roundup of photo scavenger hunt lists!
Pull an HGTV and re-arrange a room in each others houses
It’s amazing what a fresh pair of eyes can do with a space!
Sit on a patio and ask each other questions you’ve never asked before.
Here are 55 ‘Would you rather’ questions!
Doing a Spending Fast is hard and you’ll have to make sacrifices. Dynamics of some relationships might change. Just know that despite the occasional awkwardness the hard times really do payoff in the long run. Trust me – it is so worth it!
How do you guys navigate budgets and friendships? I’d love to hear your tips in the comments!