Setting boundariesis an important part of prioritizing yourself and putting your well-being first.
These tips will help you navigate setting financial boundaries in a positive and healthy way.
That is, you gotta review your spending habits and set a budget that you’re comfortable with.
Remember that it’s okay to have financial priorities that are different from others.
And it’s totally normal to disagree with your parents and other family members about money.
Communication is essential in strong and healthy relationships.
You’re allowed to say ‘no’ to things that make you uncomfortable."
Personal finance advisor, Lynnette Khalfani-Cox added, “you might’t think you are someone else’s financial savior.
Or that the worst-case scenario will happen if you don’t step in.”
You also need to be comfortable with the possibility of upsetting others with your point of view.
According to a survey released byCreditWise, 73% of respondents labeled their finances as a source of stress.
When you could’t offer someone financial help, there are other ways to help them out.
When someone you care about is struggling financially, you might help by offering them emotional support.
Sometimes being there for someone means providing them with kind words and encouragement.
