1. WHEN THE BILL COMES
In Singapore, a passion that bonds us together is our love for food. Naturally, you will find yourself at the center of a large gathering in a restaurant or an eatery. But there is always a tad of confusion once the bill comes. Do you split the bill evenly or do you pay separately (only for what you ordered)?
Light can shine into the situation if the organizer of the gathering speaks up beforehand about the payment arrangements. Otherwise, speak up for yourself before you order. This way, you will not be shocked if you end up paying more that S$50.
2. WHEN YOUR IRRESPONSIBLE FRIEND BORROWS MONEY
In a big clique, there will always be that one person who seldom pays for the money he owes. Although your irresponsible friend is always present during his time of need, he immediately vanishes as the due date of payment comes.
The situation may seem complicated at first but you can surely get out of it. Simply say that you wish to help however, you do not feel comfortable in lending that “amount” at the moment.
3. WHEN YOU ARE OUT WITH A RICH FRIEND
Aside from the irresponsible friend, there will always be a “rich” friend. Whenever you hangout, you end up spending more than you desire because you feel pressured to keep up with your friend’s lifestyle. The situation gets worse if you promised to treat that friend out and he orders the most expensive thing on the menu. I only hope that you have enough money!
To solve this embarrassing dilemma, be honest to your friend about your financial capacity. Explain that you really want to hang out but your tight budget does not allow you to. If he is a real friend, he will understand.
4. WHEN YOU GET DECLINED
There is nothing worse than having a sales clerk or a waiter tell you that your credit card has been declined. In fact, a 2013 survey by CouponCabin.com rated this as the “most awkward money moment”. I can attest to how unpleasant this money-related experience is.
A couple of years ago, I was working as an administrative officer at a fitness studio. A rising Hollywood celebrity came to pay but her credit cards got declined. She was furious at me and gave her debit card instead. Thankfully, the transaction was successful.
You can handle this situation better by keeping your cool. Talk to the personnel privately and arrange an alternative form of payment. Consider going to the nearest ATM to withdraw some cash.