The Relationship Between Friendship And Finances
- By
Julia Austin
Source: Peter Dazeley / Getty
Old habits die hard
Often, people hold clear beliefs that they think justify financial behavior. The habit is no accident, which can make it harder to un-learn. “I have some family members who think debt is okay…not mortgage debt, but consumer debt,” says Dorsainvil. “They believe ‘When I die I can’t take it with me’ or ‘When I die, this debt is not mine.’ That’s not healthy and is not a good financial habit to have and it’s going to take some time to break that habit.”
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