Friendflation: Why Money is Becoming More Relevant in Relationships
Those who have good friends find it easier to get through life, have a better relationship and reduce their risk of death. But what if the friendship fails because of money?
A recent trend known as "Friendflation" describes the rising costs of maintaining friendships, particularly in Germany. According to Psychotherapist Wolfgang Krüger, the increasing wealth gap and uncertain times have made money a more significant factor in friendships. The "Financial Times" coined the term "Friendflation" to describe the phenomenon, where expensive social activities, such as dining out and traveling, can create tension among friends with different financial means.
Experts, including behavioral economist Stefan Trautmann, note that there are limited alternatives to costly experiences, making it challenging for people to maintain friendships without feeling pressured to spend money.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
