No one wants to feel left out, and it can be difficult to
say no to expensive activities when your friends are going and you know
that you will miss out on a good time. However, if you are trying to
save money or cut expenses,
it’s important to determine how to maintain relationships without
spending more money than you want to (or than you can afford). Some
friends will understand if you simply say that you don’t have the money,
but some won’t.
On top of that, some of us are not comfortable talking about
money or admitting that we are trying to cut costs. It can be difficult
to resist peer pressure spending, or simply spending because you don’t
want to miss out. Fortunately, you don’t need to cut out all your fun
just to save money; there are ways to save on your clothes and your
activities without missing out completely. Here are five tips to try.
1. Bring the party inside
If your friends are planning to go out for an expensive night that
includes dinner, a concert, and a bar hop, you are probably already
seeing dollar signs in your head. If your friends are set on seeing the
concert, then you might not be able to negotiate that aspect of the
evening. But you can save money by inviting your friends to pregame (or
hang out after the concert) at your house. You don’t need to mention
that you want to save money. Even ordering dinner in will probably save
your wallet from going in the red. In general, if you are able to
encourage your friends to hang out in a low-key setting
more often, you
will save money but still be able to get together.
You can also consider hosting a guys’ night at your house just to
make the idea of staying in a bit more organized. Grilling and beers,
poker (you don’t have to have high stakes), playing sports, or a video
game night are just a few ideas from Fearless Men.
2. Dress for the future
If you like to be a sharp dressed man, and your group of friends also
dress well, it is probably important to you to maintain this part of
your lifestyle. According to Real Men Real Style,
it’s important to have quality shoes that fit well. Leather shoes can
be expensive, but they can last you for years. If you are willing to
invest in a few quality pieces that will last for a long time, you
actually can save money instead of purchasing imitation clothing that
needs to be replaced often. You can also help your clothing to last
(and therefore save you money) by using quality hangers for your suits,
shoe trees for your shoes, and by being careful with the way you wash
your clothes.
If you really need to purchase clothing on a budget, try waiting for
sales, shopping at stores that offer discount name-brand clothes (like
T.J. Maxx), and even consider high-end thrift stores.
3. Limit your spending
If you don’t have a budget, make one.
A budget is essential if you want to save money. Once you determine how
much you can spend on eating out and other fun events each month, stick
to it. You don’t need to share your budget with anyone; you simply need
to keep on track. If someone invites you to an event that isn’t in your
budget, don’t go.
If you’re worried that missing out will distance you from your
friends, then find a way to get together that does fit in your budget.
If you can’t attend an expensive dinner, then ask about getting together
to watch a game at a friend’s, or at a bar if you have a little extra
money for that. You will be in a strong financial situation if you are
able to limit your spending, but that doesn’t mean you have to miss out
on time with your friends.
4. Just say no
It’s important to know what you really want. If you’re spending money
simply to keep up with your friends, but you couldn’t care less about
the movie they are going to, then skip it. Save your money for the
things you really want to go to — that way you will save money and enjoy
yourself when it matters most.
If you are truly worried about losing face in front of your friends,
you can always come up with an excuse. You don’t need to share your
financial goals or worries; simply say you are busy or that you really
are not interested in going.
5. Adjust the cost
If you are set on going where your friends go, and you don’t want to
miss out once in a while, then you will need to figure out ways to make
your plans cost less. If you are meeting friends at an expensive
restaurant, choose to eat first sometimes. If you eat before you go, you
won’t be tempted to order expensive food just because you are hungry
and your friends are eating. You can also discreetly use coupons at a
restaurant as well (try websites like RetailMeNot
or search for the specific restaurant on a search engine). Consider
heading home after an event instead of facing an expensive bar tab, or
if possible, walk to where you are going instead of sharing a cab or
paying for parking.
Saving money doesn’t have to be embarrassing or force you to miss
out; it is possible to dress well and have fun with the guys without
spending too much money.
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