12 Good (Financial) Reasons to Get to Know Your Neighbors

12 Good Reasons to Get to Know Your Neighbors | AndThenWeSaved.com

Some people are very fortunate to have great neighbors that they interact with every day. I happen to be lucky in that area. There are for owners in my particular area of the building, and we all like each other and get along really good. We are part of a bigger complex (2 buildings total), and there is an HOA involved with the management of the property. I shared some of my experience with our HOA in this post: Belong to an HOA? Dude, I Feel Your Pain. How to Cope…

If we didn't live in a condo I doubt we'd know many of our neighbors. Most of our friends don't know their neighbors. I don't know about you but it seems so easy to just stay in a little bubble and not interact with people much. A sign of the times, maybe? When I was a kid growing in Newport News, Virginia, we knew all of our neighbors and hung out with them ALL THE TIME. It was fun, and helped build a sense of community.

If you're one of the many you also has no idea who their neighbors are, I would like to suggest some benefits of befriending them.

Here are 12 reasons why it can be highly beneficial (and financially-wise) to introduce yourself around your neighborhood and get to know your neighbors:

1. Peaceful Living

It can be far more peaceful to live among neighbors that like and respect each other, especially when they’re living in close proximity. Respectful neighbors are less likely to invade your space, be loud and rowdy, and make overall daily life stressful.

2. Safety First

Good neighbors watch out for each other and their property. Living in a proactive neighborhood can increase your family’s safety, as multiple sets of eyes and ears can help thwart criminal activity and promote a safer area. It's really nice to be able to give the neighbors a heads-up that you're going to be out-of-town, and be able to say “hey, can you keep an eye on our place?” That's an added level of security to have real-live eyes and ears looking out for you and your property.

3. Back Up Supplies

There’s the old cliché about neighbors and a borrowed cup of sugar. It really is convenient to have someone close by who can help you out when you need to finish dinner or borrow a shovel. We've recently had a mouse (! it scared the crap out of me!) running around our place, and we've joked that we want to borrow our neighbors cats to chase the mouse away. Hey, you never know when you'll need to borrow a cup of sugar or a cat.;)

4. Joint Ventures

If your neighbors live close by, you can join forces to beautify and build connections in the neighborhood. Plant a mutual garden, coordinate flower colors, or host a multi-family yard sale together. Share lawn mowing responsibilities or other chores around the homestead.

5. Family Camaraderie

Neighborhood get-togethers can be a lot of fun and super convenient since everyone lives close by. Neighborhood kids have other kids to play with and a safe environment to be active. We have some really fun neighbors. One couple has a 15th party every month. So, no matter what day of the week the 15th falls on they have a get together. Another time our neighbors had a “roaming” party. Everyone opened their door to our common stairwell, invited friends over, and the guests were able to go to all the units to enjoy appetizers and drinks. Our building was built in 1907 and each unit has similiar features but they're all just a little different  so it makes it fun to see each other's homes. The get-togethers and parties definitley add to a family feeling in our building.

6. Family Support

Neighbors are often very supportive of each other’s family needs, especially where the kids are concerned. Good neighbors can be helpful for emergency childcare and generally keeping a lookout for safety. Our sweet downstairs neighbor has come up to watch Henry on short notice. She's like a sweet grandma figure to him. Our other neighbors have also helped us out with Henry on occasion when we're in a bind. Especially since we don't have family in town I can't tell you how awesome it's been to have such have good relationships with the neighbors!

7. Vacation Help

Good neighbors can be especially helpful when you are away from home. They can keep an eye on your property, take in your mail, and walk your dog. Since we wake up early with Henry, and don't travel as much as we used to we often look after  and feed our 2 different neighbors cats when they are out-of-town. It's super easy for us to do, saves them money (and time) on taking their animals to a pet hotel, and then the kitties get to stay in their home and be comfortable.

8. Social Circle

Some neighborhoods thrive on over-the-fence conversations each day. Having someone close by to socialize with can create wonderful friendships that may not have otherwise happened. Now that the weather is warm a lot of the neighbors will sit on the stoop out front and talk. It's a real Melrose Place type of situation, and it's fun to catch up with everyone.

9. Good Advisors

Just like Wilson on the TV show Home Improvement (whoa, I'm really aging myself with these references today! 90's kid much?;), neighbors can be a source of good advice and are conveniently located when you need some guidance.

10. Business Networking

Your neighborhood connections can be a positive for your career. Your neighbors have friends and family of their own and can be instrumental in helping you promote your business or find the contacts you need for successful business connections. Many times in business it truly is who you know.

11. Errand Help

Many neighbors enjoy helping each other out and are happy to pick up some groceries, stop at the post office, or pick up your dry cleaning while they are on their own errand runs.

12. Source of Help

If you are ever laid up due to an injury or an illness, a kind next-door neighbor can be a great source of help during your recovery. They are close by for assistance when you need it most. After my c-section with Henry our neighbors brought over treats and food, and they really were kind and helpful during a stressful time. It was nice to know they were understanding of our situation.


Do you know your neighbors? How have you helped your neighbors/how have they helped you that has had (intended or not) financial benefits?