S2 E1: "I'm financially stable, but my friends aren't. How do I handle the guilt?"

Today's Question
Hi Bitches! You guys have been so helpful to me. I graduated last year with no student loans thanks to my parents, I got a job in that field with a pretty good salary for an entry level position, I’m contributing to my 401(k) and I'm close to paying off my credit cards. So that's fantastic!

But as I'm looking at the near future of actually having a decent amount of money in the bank, emergency/retirement funds, living a bit more comfortably, I've started feeling really guilty.

Most of my friends come from a less fortunate background than me, whose parents aren’t able to be as generous, and also haven't been as lucky with jobs. I feel like I have no business having money in the bank when people I care about are struggling. And then I feel ridiculous for complaining about a problem that boils down to "I have too much money."

I’ve helped a couple of friends by covering a bill until they get their check, for example… but sometimes I overextend my budget by doing that, which obviously isn’t ideal. But I keep doing it because I feel awful that I have a safety net (with my parents) and they don’t!

I want to help my friends, but I also want to be financially stable myself. As money-savvy folks who are also very aware of the state of the economy, have you had any similar feelings? Do you have any advice?

Like this show and want us to keep doing it?
Show your love by becoming a patron. We're trying really hard not to do the whole corporate money thing. Disrupt capitalism today!

Want to ask a question?
Go to Bitches Get Riches and click "Ask the Bitches." You can also ask via our Tumblr. We get too many to answer them all--but donors are guaranteed an answer!

Need more of the Bitches?

Support the Show.