Financial Feminist

157. How to Set Financial Boundaries for Weddings, Family, Friends, and more

May 16, 2024

Discover how to confidently set financial boundaries in relationships, decline expensive invitations, and navigate tricky situations like weddings. Learn practical tips on protecting your finances and friendships while taking control of your financial well-being.

26:47

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Quick takeaways

Express gratitude for invites but communicate financial constraints to set boundaries effectively.

Early involvement in trip planning, open communication about budget, and discussing cost-sharing can prevent financial stress during group travel.

Deep dives

Setting Boundaries Around Social Events and Activities

When faced with invitations to dinners or expensive outings that don't align with your budget, it's essential to set boundaries. Express gratitude for the invite, communicate that the expense isn't feasible at the moment, and suggest an alternative that fits your financial constraints. Open communication and suggesting cost-effective alternatives can help maintain relationships without compromising your financial well-being.

Introduction

2min

Reflections on Memory and Financial Boundaries

2min

Navigating Financial Boundaries with Friends

10min

Navigating Financial Boundaries in Personal and Business Relationships

5min

Importance of Setting Financial Boundaries in Relationships

4min

"When it comes to setting financial boundaries, you have to figure out what those boundaries are — and you also need to listen to them." Tori Dunlap

Do you ever find yourself saying "yes" to dinners, trips, or events that you can't really afford? Do you feel pressured to invest in your friend's MLM or attend a destination wedding that will break the bank?

In this episode, we dive deep into the uncomfortable topic of money and relationships. We provide practical tips and scripts on how to navigate tricky situations, from declining extravagant invitations to breaking up with your financial advisor. We'll even tackle the controversial topic of weddings and the insane expectations they often come with. Tune in to learn how to confidently set financial boundaries, protect your friendships, and take control of your financial well-being.

Read transcripts, learn more about our guests and sponsors, and get more resources at https://herfirst100k.com/financial-feminist-show-notes/157-how-to-set-financial-boundaries-for-weddings-family-friends-and-more/.

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Financial Feminist

157. How to Set Financial Boundaries for Weddings, Family, Friends, and more

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Setting Boundaries Around Social Events and Activities

Navigating Financial Boundaries in Group Trips

Dealing with Wedding Expenses and Financial Expectations

Remember Everything You Learn from Podcasts