You’ve probably heard the saying, “your vibe attracts your tribe.” But what does that actually mean? And how can it save you money? Here’s a breakdown:
Your vibe is your overall energy and attitude. It’s the way you carry yourself and the way you make others feel. Your tribe are the people who are attracted to your vibe. They’re usually like-minded people who enjoy spending time with you.
You don’t see Dave Ramsey (the guy who believes in paying cash for a house) hanging out with Nicolas Cage (who spent over $200k on a dinosaur skull). The people you associate with have a significant impact on your lifestyle and the decisions you make.
Here’s how having the right pals can help you save money.
1. You Share Similar Goals
The right buddies will be on the same path as you, pursuing similar objectives. If your goal is to be frugal with your money, having friends who are also frugal will help you save money.
However, if you have buddies who don’t mind spending a few hundred dollars on a night out, you won’t save a dime. Their extravagant spending will just drive you to spend more, pushing you further away from your objectives.
Aside from spending habits, the appropriate people might help you achieve your work objectives. If you have ambitious acquaintances who want to climb the corporate ladder, there’s a high chance you share their ambitions.
As your peers advance in their careers and receive promotions, it will keep you motivated to achieve the same. You save more as you earn more.
2. You Share the Same Values
Your ideal friends will share your ideals. Perhaps you prefer to spend your money on high-quality cuisine cooked at home and shared with friends rather than going out to an expensive restaurant.
When you have similar beliefs, your spending and saving patterns tend to be comparable. The appropriate pals will not judge you if you choose not to spend a fortune on a restaurant or a night out. They will understand your motivations since they share them.
3. You Lead Similar Lifestyles
Some people like to spend money. Some people save money. However, there are multiple levels of spending:
- Individuals who have $100 but spend $101. They enjoy spending money, but they do not overspend.
- People who earn more than they would ever require, hence money isn’t an issue.
- The YOLO population, who don’t plan ahead and spend every cent they have to enjoy today.
The plain fact is that your pals will have a complete impact on your spending. It’s critical to associate with people who share your values. Otherwise, you might spend your last dollar trying to keep up with the Joneses.
You can save money if you have the right friends. Why? Because when it comes to spending and saving, you’re all on the same page. When you find your tribe, you no longer feel the need to entertain others and squander money in the process. You enjoy spending time with others who share your lifestyle, values, and aspirations.