Bluefield Daily Telegraph, Bluefield, WV

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November 26, 2012

Friends and money: Hanging onto both of them is hard

(Continued)

Dad was the opposite. He found that wealth was one byproduct for people living interesting lives. He was the kind of friend a wealthy person wants to have. Thus, his world was filled with them.

4. Friendship is a lifelong journey, not a drive-by experience.

I meet people who seem to trade in their friends for a new group every year or so. They try to be with the “in crowd” or never get too deep into getting to know someone.

All relationships require trust, love, giving, commitment and flexibility. People who have totally invested in their relationships are less likely to fall prey to an “entourage” or “posse” wanting their money.

Since family and friends are the primary reasons that people blow a lump sum, if you can invest in good quality relationships, you can go a long way toward maintaining financial success as well.

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Don McNay is a columnist for the Richmond (Ky.) Register. Contact him at don@mcnay.com.

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