Healthy Financial Boundaries With Family And Friends

Frugal Friends Podcast

We've all been there; lending to friends and never seeing that money again, 'splitting the bill' when you only got a salad and a water, standing up in a wedding without realizing all the hidden costs. Whatever the situation, setting financial boundaries with friends and loved ones can be tough, but necessary! Today we talk identifying our financial boundary lines and how to draw them.

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• Yup, you’ve heard this sponsor before, and they’re back to remind us that ‘no’ is an acceptable answer AND a complete sentence.Saying NO:

Notable Notes:

What the Internet has to say:

This artcile from Holly Scherer dives into how to set healthy boundaries with your family

What Jen + Jill have to say:

• What’s mine/what’s not mine - look at the situation simplistically
• How to identify our boundaries: Brene Brown defines it best as she describes boundaries are essentially “what’s okay and what’s not ok”

More from the Internet:

This article from Workable Wealth describes how we can set money boundaries with friends

More from Jen + Jill:

• Identify the various types of 'financial frenemies' you're dealing with
• Have a strategy for supporting friends

BILL OF THE WEEK - Thank you Ally for sharing your bill with us about duck bills!!

• frugalfriendspodcast.com/bill If you want to submit your bill of the week visit to leave us a bill

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Lightning Round

Our financial boundary stories

• Jen- bridesmaid, bridal shower cost
• Jill - boating (speaking expectations), helping someone move

Wrap-up:

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Thanks for listening! See you next week!

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