A Nugget from the Suze Show-Stick together!

We enjoy watching the Suze Orman Show. One thing she said today really rang true for me. She was talking to this poor girl, almost 21 yrs old, who got a credit card at 18 with a limit of $400. She "spent it" right away and continued to do so with subsequent cards. She...not lying...did not know she had to pay that money back. Seriously??? Parents are responsible for teaching their children financial responsibility. But that's not what I'm here to talk about. I don't even have kids. What I'm here to pass along from her show today was what she said next.

People in your life inflence your financial decisions (or something like that). She was talking about how growing up, apparently this girl has been handed everything. But here is what I took from that statement.

People join support groups all the time. They hang out with like minded people to get through challenges and struggles in their lives. They go out with people who eat healthily when they are trying to lose weight, lower their cholesterol or just be healthier. They exercise and train with people who have the same fitness goals. Why should financial health be any different?

Share your goals with your friends and family so that they can be supportive and you can support them. If you have a neighbor who has similar goals and circumstances, you can really benefit.

At home: Couples or singles living in adjacent apartment? Cook and share meals, split family sized portions that are often less expensive than single servings. Share herbs and spices that a small household might not ever use all of can be divided instead of wasted.
Share coupons with one another.

Going out: Split large entrees with a friend, encourage one another to make smart restaurant choices, and snack at home before going out.

Team up with people who can help you achieve your goals.