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15 Money Etiquette That Everyone Should Follow To Live Happily

By Jyoti Galada, 3 April 2018

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A wise person should have money in their head, but not in their heart – Jonathan Swift

Money and Relationships don’t go together. Money matters can turn any relationship sour if not handled properly. For our feelings are intertwined with our financial position. Simple questions and actions from our side can put others in awkward situation. Our pricking or unwise words related to money can trigger negative emotions in others or put them in an awkward situation. Good manners are important to all. Unfortunately, our lifestyles have changed but our thinking towards money matters remain the same. If we do not have money etiquettes that please all then it can lead to resentment and ruining of relationships.

1“What’s Your Salary?”

Earning of a person decides his social status in the society. If earning is huge then social status is high and with it comes high respect and power from the ordinary people. If earning is low then your relationships are limited to low sections in society. This very question will show the narrow-mindedness you have. Never judge a person with the salary he earns. 

What’s Your Salary

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2“Her Gift Was Cheap”

It’s very rude to comment on how other people spend their money. You must have expected an expensive gift assuming your friends financial position. But you may be unaware of your friend’s true financial situation and the debts and losses they are making. Still, they gifted you what they could afford. Your comments will not only hurt your friends but also affect their attitude towards you. 

Gift Was Cheap

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3 “He Spent So Much On Hair Treatment”

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Do not criticize the extravagant expenses of your known people. Every person has a right to spend their earned money the way they want. For you, it may be an extravagant unnecessary expense but it’s their call to make. Yes, they could spend this money in a different way but your comments will make them think negative about you. 

Spent So Much On Hair Treatment

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4 “Let’s Go To Michelin Stars Restaurant”

You may be in a position to afford an expensive restaurant. But your friend may not have revealed his correct financial status to you. Your offer may encourage him to make some excuse and avoid the wonderful chance of spending time together. If you are unaware of the financial position of someone, it’s better to ask them to make a suggestion. 

Michelin Stars Restaurant

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5 “Let’s Gift Our Boss An Expensive Watch”

Gifts that people give each other vary financially related to the degree of closeness in relationship and gifting policies of each person. Your idea of collectively gifting an expensive item may not appeal to all for your feeling may differ from others feelings towards the person. So asking everyone to shell out more money may come as an unpleasant surprise for some. It’s better to ask everyone to either contribute as per wish or jointly decide on an amount.

Gift Our Boss An Expensive Watch

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