Your savings provide for the people you love if they ever find themselves in a pinch.
Be the boss of your money and get the Empower app
You’re the one others can always rely on – emotionally and financially
Your loved one is going through a financial emergency, and you are powerless to help
You’re seen as the parent of your friend group, and money is no exception to the rule. Whether it’s keeping a spare bedroom that others can crash in or lending your siblings the cash they need to make ends meet, you only feel financially comfortable if you know the needs of the people you love are being met. The problem is, the money you’re giving isn’t always disposable income. You’d rather go broke supporting others than admit that your own needs aren't being met.
Your role as 'the responsible one' was adopted very early on in life. You may have grown up in an environment where your parents weren’t always able to meet your needs. You coped by learning to need less. You stepped in as a sort of surrogate parent for your younger siblings, taking care of those even more vulnerable than you. This gave you a sense of purpose. Now, you may carry around guilt associated with being ‘the successful one.’ To quiet that guilt, you redistribute your earnings instead of spending it on yourself.