Unless you love your own company or you kind of love a life of solitude, you would love to socialise with your friends. It is quite obvious to feel peer pressure that pushes you over the edge, but there are many ways of socialising with your friends without burning a hole in your pocket.

Many a time, you find yourself overspending because you do not want to be ashamed of not being a generous sender to treat your friend. Unfortunately, it makes you run out of cash to meet your regular expenses, and, as a result, you end up relying on loans for bad credit with no guarantor and on benefits.

Here are some of the ways to socialise with your friends without compromising on your budget:

1. Open up with your friends about your financial condition

It can be hard to lay your soul bare to friends, but your true friends will surely understand your financial situation and be willing to help you achieve your goal. Of course, you do not have to give them an account of how much you have, but you can simply tell them you are turning over a frugal leaf.

When you tell them you are running out of money and would like to go Dutch, they will support your initiative. They will certainly understand that you want to do things for them despite being cash-strapped. They will appreciate it and support you.

A good way to save money is to find a savings buddy. You might have a friend who could be in the same boat. You can help each other achieve your goals. In fact, you do not need to spend a lot of time together in the bar or restaurant. You can simply invite over each other or have a leisure walk. Find people with the same hobbies in local communities and collaborate with them if you want to grow your network.

2. Save money on a night out

A night out is certainly expensive. When you are running out of money, you can reduce your gatherings with your friends. Make sure you plan your night outs so you know how much money you have to spend in a month.

You should keep it as little as possible so other important expenses like payments of a 5K bad credit loan are not halted. Once you have set aside money for a night out, you should ensure that you do not blow up your budget, which you can do by:

  • Reducing the risk of overspending. Consider the prices carefully and choose a budget-friendly option.
  • You should use cash so you are not under any false impression. Make sure that you leave your cards behind at home.
  • Avoid using online payment modes to make it a bit complicated and hassling to pay money.
  • You can even open a separate bank account for your socialising expenses. It will never let you go overdrawn.

You do not need to hesitate to refuse your friend if you do not want to because of a tight budget. Socialising cannot compel you to make all events.

3. Take advantage of discounts and special schemes

It is possible that you may not want to give up socialising with your friends. Maybe your friends do not want to change and you still like their company. There is nothing to worry about because you can use the following ways to save your money while having fun with them.

  • You should look for restaurants with cheap meals and deals.
  • Dine out during the week because prices will be lower.
  • Go to the bring-your-own bottle restaurant
  • Use discount codes and coupons.
  • Get cheap online movie tickets.
  • Take your own snacks to the hall. If snacks from home are not allowed, you should have something at home beforehand.
  • Grab the last-minute ticket deals for a concert.
  • Use a cash-back website to book or buy anything.
  • Prefer to stay at aparthotel if you are on vacation with your friends.
  • Avoid rounds when you are in the bar.
  • You should prefer some generic beverages.
  • Learn to say no. If you do not want to be part of the night, you should have an exit plan.

You should think of ways about how you can save money on your expenses.

4. Mix and match outfits

You do not need to buy a different outfit for each night out. Whether you are having fun in the bar or you are gathering together on an occasion, you should try to mix and match your outfits. Use neutral colours. It becomes easier to set combinations.

The more unique the colour you choose, the more specific the combination it will make. Use eye-catching accessories if your outfit is simple and basic. If you still need a new party outfit, you should shop around. You can get something at a good bargain. Charity shops are also a nice place to buy party clothes at lower prices.

5. Travel as cheaply as you can

Travelling by your own car can be exorbitant as compared to the public transport. If you have a plan to pick up your friend on the way, you can split cab fares. Trains are cheaper than cars if you all have to travel longer distances.

You can get train tickets at lower prices by booking in advance. Some train operations provide extra discounts to people travelling in groups. Keep tracking if you can get additional discounts by using codes and coupons.

The final word

Socialising is important. It makes you feel connected to the world. However, it does not mean that you should not care about your money to keep up with your friends. You should carefully set a budget for socialising expenses and stick to it, no matter what.

You should learn to say no if you cannot meet your friends. It should feel so difficult. You cannot go over your budget. Otherwise, it will add to your financial troubles.

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