Money may not be the root of all evil, but it’s certainly the cause of a lot of conflicts in relationships. This is true not just in romantic relationships, but in friendships too. In fact, a Bread Financial™ survey revealed that 21% of people had lost a friendship over money and 26% felt financially incompatible with friends.
Money conflicts aren’t always what you might picture, either. While it’s perfectly understandable for someone to get mad if their friend constantly mooches off them or borrows money and doesn’t repay it, it may seem strange to find out that friendship conflicts can arise over a rich friend being too generous. Yet, this can definitely happen, and experts say it’s not abnormal.
Let’s say, for example, that Jessica and Amanda are in their early 30s and have been friends for years. Jessica has a lot more money than Amanda, though, so she regularly treats Amanda to lavish dinners and expensive outings.
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While Amanda appreciates the gesture, she’s also started to become resentful. She’s now wondering if she’s nuts to be mad that Jessica wants to be so giving, and she’s not sure what to do to stop feeling like a charity case without offending Jessica or hurting her feelings.
Fortunately, experts say there are solutions to preserve the friendship.
It’s not unusual to resent a friend who constantly treats you to expensive outings
First things first. Amanda isn’t crazy to resent Jessica’s generosity.
“It’s completely normal to feel aggrieved when a friend consistently covers hefty bills,” Maya Montalto, an associate therapist at Gateway to Solutions, told Moneywise. “It’s uncomfortable to feel like you owe people something financially, or like your friendship is being bought.”
Jessica’s financial success may also make Amanda question her own abilities, which can naturally lead to resentment.
“In my experience as a therapist, most people will feel resentful, and it is not because you don’t like the dinners or think your friend is showing off,” said Silvia M. Dutchevici, president and founder of the Critical Therapy Institute, told Moneywise. “It’s because, as I often say, it’s never just about the money.”
Dutchevici explained that money can be a “stand-in for worth, competence, freedom, power, and control,” so when Jessica pays for an experience Amanda can’t afford, Amanda may feel uncomfortable about her own place in the world.
“All of a sudden, you judge yourself as being less hardworking, less smart than your friend, etc., and that’s because we have been told a myth, namely that becoming rich is within our capabilities rather than shaped by social constructs. We feel shame,” Dutchevici said.
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You can maintain a friendship with a money disparity, but it requires effort
While Amanda’s feelings are normal, they could also damage the relationship if Amanda isn’t careful. Fortunately, there are things she can do to manage her feelings. And that starts with some introspection.
“Before assuming the friendship is the problem, I would encourage someone to get curious about what they are actually feeling,” Dr. Lauren Chase, founder of Climbing Hills Counseling, told Moneywise. “Is it jealousy? Embarrassment? Guilt? Feeling indebted? Fear that your lives are becoming too different? Once you can name what is underneath the resentment, it becomes much easier to figure out what you actually need.”
Bisi Gbadamosi, a licensed therapist and founder of Mindful Blooms Counseling, also agrees that Amanda must start by examining her own feelings, and also suggests that Amanda try to reframe her mindset.
“Spend some time getting to the root of the resentment,” Gbadamosi told Moneywise. “Then spend some time thinking about the positive reasons your friend may cover the dinners. Do they value your company and want to be able to enjoy your company? Give yourself a chance to think about why they may be being generous.”
Gbadamosi also recommended that Amanda think about the positive ways she contributes to the friendship. “It can be easy to forget the good things you bring to the friendship. Money isn’t the only way to leave an impact,” Gbadamosi advised.
Once Amanda has done the work of understanding why she’s upset, it may be time to talk with Jessica.
“It can be helpful to talk openly with your friend before those feelings build up,” Chase said. “You can appreciate their generosity while also saying that you would like to do things together that feel more comfortable financially. Maybe that means having dinner at home, choosing less expensive restaurants, or planning activities where money is not the focus.”
By getting to the root of her resentment and guiding Jessica toward cheaper pastimes, Amanda will hopefully feel better about the situation so she doesn’t end up among the one in five Americans who have lost a friend due to finances.
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Christy Bieber has 15 years of experience as a personal finance and legal writer. She has written for many publications including Forbes, Kilplinger, CNN, WSJ, Credit Karma, Insurify and more.
