When Friendships & Money Issues Collide

Ever had money issues and a friendship collide?

If you’re like the rest of us, your answer is probably yes. Lincoln Park Therapy Group Founder Nicolle Osequeda is featured in this article on The Cut that focuses on money issues and the challenging dynamics that come up when friends aren’t on the same page financially. 

A Guide to Non-Awkwardly Dealing With Money Differences Between Friends explores the ins and outs of handling money issues (and the potential for conflict) that can occur between friends when financial circumstances differ. It discusses some interesting statistics – like the stress friendships can endure when one person’s financial circumstances change – and offers some helpful tips to navigate the bumpy road that can develop between friends.

The article also shines a light on the internal conflict people feel when they experience competing priorities, like wanting to save money and also wanting to have a fun and engaging social life. Some helpful tips included in the article are be the right amount of candid, don’t assume you know best, and find neutral ground.

This article is especially relevant for millennials, new college grads, and people experiencing a Quarter Life Crisis – all circumstances that can bring about financial strain. It’s also relevant for anyone who is experiencing a major life transition, like losing a job, a recent divorce or break-up, or moving to a new city.

To read the full Guide to Non-Awkwardly Dealing With Money Differences Between Friends, click here.

Want to learn more about a Quarter Life Crisis? Check out more blog posts here, here, and here. And if you’re experiencing a Quarter Life Crisis or a major life transition, or if you just want some support around financial anxiety, schedule a time to come in and talk with one of our therapists. We’d love to meet you.

ABOUT THE AUTHOR

Nicolle Osequeda, Chicago Therapist Lincoln Park Therapy GroupNicolle Osequeda, LMFT, is the founder of Lincoln Park Therapy Group, specializing in anxiety, depression, and relationship counseling in Chicago. As a Certified Daring Way™ Facilitator, she incorporates Dr. Brené Brown’s research into her therapy. Nicolle holds a Master’s in Counseling Psychology from the University of San Francisco and is a Licensed Marriage & Family Therapist in Illinois and California. She is a Clinical Fellow of AAMFT, a member of IAMFT, and the Financial Therapy Association. Nicolle has Gottman Method training and has taught at DePaul University, dedicated to helping individuals and couples achieve meaningful change.  Read More About Nicolle Here

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Lincoln Park Therapy Group uses a strength-based approach to support overall wellness, healthy relationships and a balanced life. Please visit our blog to read articles, access resources and learn tips and tools to help you overcome a broad variety of psychological, social, and emotional challenges.

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