How Money Is Changing Friendship | Hidden Cost for Millennials & Gen Z | It's All Relative

Friendship and money, class differences, millennials, Gen Z, social mobility, and the Bank of Mum and Dad. How money is reshaping our friendships.We don’t like to talk about money when it comes to friendship.It feels uncomfortable. Slightly taboo. Almost… inappropriate.Friendship is supposed to be the one space where money doesn’t matter.And yet, increasingly, I think it does.In this episode of It’s All Relative, I explore how money is infiltrating our friendships and why this feels particularly pronounced for millennials and Gen Z.One event can wipe out your disposable income for months.And beneath that sits something deeper.A growing divide between those who are financially supported by the Bank of Mum and Dad… and those who are not.In this episode:00:00 Intro03:29 Celebrating Friends Milestones04:08 Bank of Mum and Dad05:51 Money Divides by Generations08:03 Cross-Class Friendships10:28 Friends as Comparison11:31 Well-being and Ranking12:54 Gender Status Differences15:08 Community Questions17:49 Competition and Networking22:39 New Status Games24:56 Friendship Above Status28:29 Work Friends and Decline🔔 Subscribe to the ChannelA weekly show exploring generational change, work, wealth, family and the forces shaping modern life.Subscribe so you don’t miss the next episode.📩 Subscribe to My SubstackRead the full essay this episode is based on:👉 https://drelizafilby.substack.com/p/how-money-infiltrates-your-friendship📚 Buy InheritocracyMy book on inheritance, class and the Bank of Mum and Dad:👉 https://www.amazon.co.uk/Inheritocracy-Time-Talk-Bank-Mum/dp/1911709809🌍 Find Me HereWebsiteInstagramLinkedIn