New trend: Young people are dumping their wealthier friends, because they’re too expensive to hang out with. Over a third of Millennials and Gen Zers have at least one friend who makes them spend more than they should.
The most common things that well-off friends cause us to overspend on include restaurant meals . . . drinks at bars . . . vacations . . . and elaborate celebrations for things like birthdays. Clothes and spa treatments are two more big ones.
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