6 Ways to Set Financial Boundaries and Stick to Them
Description
Here’s the thing: we all need boundaries. In our health, work, relationships, and finances…we need boundaries.
Boundaries are there to protect your peace and prevent you from causing unnecessary harm.
Setting financial boundaries is especially important because they keep you on the straight and narrow.
They keep you focused on doing the things that will help you reach your financial goals.
If you struggle with setting financial boundaries, you don’t want to miss this episode! I’m sharing 6 ways to set financial boundaries and actually stick to them.
As your situation changes, your boundaries change…but always having those limits will keep you moving in the direction of your goals.
Here's a glance at this episode:
- [01:59 ] Raya shares how failing to set financial boundaries back in college resulted in her overspending on material things, leading her deep into debt.
- [04:35 ] Boundaries, especially financial boundaries, are there to alert you when you’re moving in the direction of stress and negativity. They are designed to help keep you on track.
- [09:58 ] Get comfortable with saying “That’s not in my budget”, so when something comes up, you can easily decline with an affirmative statement.
- [14:09 ] Know where you stand when it comes to lending or gifting money, so you can avoid rushed or emotional decisions.
- [17:26 ] If you want to stick to your boundaries (financial or otherwise), you need to learn how to clearly communicate them.
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Resources mentioned in this episode:
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