Grey Rock Your Finances

accountablilitypartner boundaries budget budgeting finance friends greyrock rideordie toxicpeople Oct 25, 2023

Why it’s important to keep your financial business to yourself and not tell your business to certain people especially when it comes to your debt.

Friendships are a crucial part of our lives. I’ve been blessed with sisters from other misters and my ride or die. They have my back and I have their back. I’m there for my tribe with my car, empty trunk, a shovel, and my cellphone at home so it doesn’t ping cell towers. I watch a little too much Dateline. It's those friendships where you can share anything, including your debt.

Then there are the toxic relationships. Unfortunately, sometimes that includes family. These are the relationships that are damaging, draining, and hold you back from achieving your full potential. We will talk about those relationships more but today we’re going to focus on why it’s smart to keep your mouth shut and go in silence.

Toxic people are happy to have you pour your heart out to them about your financial troubles. They may act supportive, but they are enjoying your pain. They’re horrible people.

I had a friend who constantly belittled my accomplishments, criticized my choices, and made me feel insecure. Because of my own self esteem issues, I felt she was right.

It took me a long time to realize that this friend was toxic and holding me back from achieving my goals. Once I distanced myself from her, I felt more motivated, confident, and focused on my aspirations. I was able to build new friendships with people who believed in me, supported me, and challenged me to grow.

To identify and navigate toxic friendships, it's essential to trust your instincts. If you feel uncomfortable, drained, or belittled around someone, it's likely that this friendship is not serving you. Additionally, pay attention to how your friend treats you and others, their values, and goals; do these align with yours?

Communication is also a crucial aspect when it comes to managing friendships. If you feel like your friend's behavior is unacceptable, you can express your concerns and set boundaries?

Share your life with those who you know have your back. They may be able to give you feedback. Help you through this tough time. Help you stay motivated. And just be there for you and you for them.

If you’re both going through the same issue, you have someone to share and connect with. You can develop good financial habits together. If you’re not sure of something, you can run it by them.

You can be each other’s accountability partner. Having that kind of support is priceless.

It’s always best to be extra careful when it comes to sharing all your information. Only share with those you fully trust. Those who support your growth. And you do the same for them.