If you’ve ever gotten into conversations with broke friends about money, you know how hard it is to determine if they actually want your help. There are several ways to figure that out and perhaps lead your discussion to a deeper level. If that happens, you’ll learn more about your friend’s financial struggles and perhaps be able to offer some counsel.
However, the counsel part is when it gets really tough. If you’ve had success with money, the answers seem obvious. You know what must be done.
Change your habits.
Spend less and save more by following a budget.
Get out of debt.
Invest, invest, and invest some more.
The sad thing is your broke friends might not want to hear any of that. They are in financial trouble for a whole host of diverse reasons. And those reasons have a grip on their life that will make it hard to break free.