Expert Bankruptcy & Debt Relief Insights

Friendship is having a moment now. Sure, the media is telling us that we are doomed to be lonely, that everyone else is confiding in chatbots, leaving them no time for us, so that soon we will start confiding in chatbots, too, because it will be our only choice. Remember, though, that the media has told us all kinds of other scary things, and we have easily found evidence to the contrary just by looking up from our screens. Those of us who are old enough to remember the days of hanging out at the mall are using our smartphones to text our friends and talk to them about things that we thought were so personal that you could only talk about them with therapists or chatbots, things like money. Everyone is stressed about money, even those of us at an age where we thought we would be financially stable, even the sandwich generation, the middle-aged folks who are supposed to be a source of financial support not only for ourselves but also for our parents and our children. Your friends can make your tough financial situation easier to bear, but they probably cannot help you get out of debt. You and your buddies can, however, pool your money for a consultation with an Oakland lawsuits, collections, and creditor harassment lawyer.

A Sense of Connection That Money Cannot Buy

When money is tight, it is easy to spend energy thinking about the things you would buy if you could afford them. A $12 Chick-fil-A meal is twice as tempting when you only have $11 in your bank account. You count the minutes until payday, and when you are lonely, you tend to spend the time scrolling through e-commerce sites, and eventually you end up using buy now pay later (BNPL) to buy more stuff you can’t afford.

Interacting with a human friend can give you the feeling of connection that makes the minutes until payday go by ten times as quickly, even if you only interact in ways that accommodate your broke lifestyle. Talk on the phone while one of you is riding the bus home from work and the other one is folding laundry while her baby sleeps, and then spend the next few days sending follow-up texts. Complaining about how broke you are to someone who is also broke makes payday arrive faster than when you consume content that makes it look like everyone has money except you.

A Financial Accountability Buddy

Having a friend that you can trust is priceless. You can even detail your debt repayment efforts and your endeavors to spend even less than you already do on your shoestring budget. You can talk and text about every snowflake in your debt repayment snowball. Some people even choose to open joint bank accounts with a friend. The friends deposit the money there that they are planning to save for big purchases, for debt repayments, or for an emergency fund; usually, each friend also has his or her own separate bank account.

Contact the Law Office of Melanie Tavare 

A debt relief lawyer can help you if you are financially poor but wealthy in terms of friendship.  Contact the Law Office of Melanie Tavare in Oakland, California, or call (510)255-4646 for a case evaluation.