Money clubs are a great and fun way to stay on top of your finances. With friends supporting you, you can conquer the world and money issues! LearnVest shares how you can start one. Thea, 31, a lawyer, lives in Brooklyn, NY. Although her friends are, in her own words, “bright, savvy, awesome women,” many felt lost financially — much like she did. “In fact, almost all of them knew someone Read more

This reader posted in our anonymous Savvy Confessions group, asking if how she should behave with her friends since she makes a lot more money than they do. Do you have any advice for her? I make more money than my friends. Like a lot more. Many of them are barely scraping by while I'm living comfortably. I feel really bad about it and I try to cover up my lifestyle by not talking about the Read more

Traveling with pals is a blast, but trips can get complicated when the group isn't organized. It may seem easier to simply send a few texts and start booking, but a little bit of prepurchase prep can help to keep people happy. Even better? Planning ahead of time allows for more ideas and more research, so you're more likely to have that incredible vacation you're hoping for. Have a prep Read more

This reader posted in our anonymous Savvy Confessions group, asking if she should give her friend a reality check. Do you have any advice for her? I'm not sure if I should bite my tongue in this situation but I'm a little worried about my friend. She's talking about buying the latest smartphones and she recently went on a trip to Vegas. Oh, yeah. She's also unemployed. I know that her parents Read more

This reader posted in our anonymous Savvy Confessions group, asking if she should crash at her friend's for free. Do you have any advice for her? I recently moved to a new city to job search. My friend offered her place for me to stay rent-free while I job search. I've been here for a month now and I've offered to pay for half the rent, but she insists that I don't. She's been so gracious to Read more

Save money and revamp your wardrobe all at once by hosting a clothing swap with your friends. Not only will you get a chance to clean out your closet, but you'll also be able to add new items for free. Make the event as small or as big as you'd like, and keep things fun by serving playful cocktails with simple appetizers. A few tips to make the swap run smoothly: Ask each friend to bring the Read more

Fed up with friends who keep bragging about money? OnSugar blogger Beauty and the Budget shares some great suggestions on how to deal. If there is anything that worsens how you feel about your financial situation, it's probably being around someone that always brags about money. For me, one of the most difficult things is to hear others bragging about their impressive salaries and benefits Read more

When you're dining out with friends and the check arrives, things can turn uncomfortable quickly. Is the tip included? Should the cost be divided evenly? Some people just ate appetizers, some people just had drinks, and only a handful brought cash — what do you do? Follow these quick tips to keep things pleasant when the bill appears. Make a date with the ATM. Unless you regularly keep cash Read more

After months of traveling, gift-giving, and pricey nights out, save money and score quality time with your pals by hosting a board game potluck party. Invite over a handful of friends and ask each person to bring his or her favorite board game plus a snack to share. Take care of the drinks yourself or ask guests to pitch in if things become costly. A few entertaining tips to try: Set up a table Read more

SavvySugar spoke to Mike Melby, CEO and founder of PayDivvy, a free service that allows you to pay all of your bills in one place and split group expenses. The inspiration for PayDivvy came from Mike's own experience juggling his personal bills as a young professional and shared expenses with roommates. He says, "For three years, there was confusion, hassle, social friction, and financial drain. Read more