Friendflation: Why Money is Becoming More Relevant in Relationships
Having good friends makes it easier to get through life, have a better relationship and reduces the risk of death. But what if the friendship fails because of money?
The rising costs of maintaining friendships are being referred to as "Friendflation," a term coined by the Financial Times to describe the increasing expenses associated with socializing with friends. According to Psychotherapist Wolfgang Krüger, people with more financial resources must take responsibility for being sensitive to situations where others may not be able to afford certain activities.
The issue of money in friendships has become more significant due to the growing wealth gap and uncertainty in today's times. Experts, including behavioral economist Stefan Trautmann, note that the rising costs of dining out and other social activities have made 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.
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- Friendflation: Why Money is Becoming More Relevant in Relationships handelsblatt.com
