Do you have a money bestie? Basically, a money bestie is someone who will rally the troops and be by your side, no matter what. Think it about it as someone other than you who wants you to have rocking finances.
It doesn’t matter who they are (mine is my husband, love you honey!), the important thing is that they have your back (and vice versa), are willing to share resources and lend a supportive ear. They’re a person you can count on to have your best interests in mind, such as keeping you accountable for your financial goals.
Once you have someone who you know you can count on, never let them go.
Need more proof? Here are 3 more reasons why you need a money bestie.
A Money Bestie Stops You From Playing the Shame Game
Look, all of us have financial slip-ups. Just because you’ve made mistakes, doesn’t mean it’s the end of the world. Don’t you dare think that you’ll always be irresponsible with money, or you’ll be constantly at the mercy of people who will lecture your spending habits.
Here’s where your money bestie comes in. He or she will get you to stop blaming yourself and constantly thinking “oh woe is me”. Besides, it’s not very pretty and you are not a victim of your money situation.
Let your money bestie know your situations can give you a more objective view of the situation. If they stop you from playing the shame game, it’ll help you sleep better at night and clear your head to work on more productive things.
One of the best types of money besties is the “The #1 Fan”. They’ll not only encourage you, but call it like it is (aka your BS) when you need to get over yourself and push towards your financial goals.
They Help You Find Solutions
A money bestie is great as a sounding board. You can confide in this person and that’s an extra brain to help you brainstorm ideas, from everything to getting out of debt to the best way to do travel hacking. They may also have been in the same situation financially as you have and can offer tips and tricks that have worked for them.
For me, I used to get a lot of backaches and get massages and other medical expenses. My husband (then boyfriend) suggested that I stop buying bad shoes and focus on purchasing high quality ones. He even took the time to show me brands that work and stores where I could find them. Lo and behold, two weeks later my back problems were gone, saving me a ton of cash.
When you confide in this person, he or she won’t judge you. Both of you can be totally open minded about whatever solutions either of you present to each other. Trust me on this one.
They Push You Towards Your Goals and Dreams
A bestie wants to look out for your best interest and to see you happy. And that means helping you achieve some of those dreams, right?
A money bestie wants to show you that it’s all possible. Even if they may not have all the solutions, they’ll at least offer you encouragement when you feel like giving up. I know that when I was feeling really low about losing a few big clients, my husband kindly reminded me that I can get more.
Alright, I’ve managed to convince you (whoo hoo!) that you need a money bestie. Now you’re asking how you go about finding a money bestie. Don’t worry sista (or brotha), I got you covered.
There are so many facebook and twitter groups that focus on personal finance. Some great forums like Ready for Zero are also great ways to connect with others. Why not hop on some of them and see if anyone is posting about their situation, or asking for advice?
Now I’m not saying to reveal your whole life situation and bank details to someone you don’t know. That would be silly. Instead, message them, hop on a Skype call to get to know them better. You can even present a problem without going into numbers, whatever your comfort level is.
Depending on how comfortable you are find a third person to join the conversation.
Look to Your Spouse
I think the people closest to you should be money besties, hands down. But some of us are still uncomfortable talking about our money shame. Why is that?
Whatever the reason is, I promise you they won’t judge you. I used to spend a ton of money on consumer goods, and my husband kindly pointed them out to me, but he never judged me for it. I’ve learned to be a lot more mindful of my purchases, and evaluate purchases based on priority and my value system.
Find a Support Group in Your Area
If you’re the kind of person who really benefits from in-person meetings, then find a support group in your area. If you’re not sure where to start, try a quick search on places like meetup.com and see if there’s something there
You can also check out wife.org, which has a wealth of resources to search for money groups in your area.
Don’t like the groups in your local area? Start your own!