You probably already know this, but most of us use expressions that we’ve picked up from authority figures such as parents, celebrities or sports figures.
My mother had an interesting saying that I heard countless times while growing up. It was, “ … that is an up with which I will not put …”
Translated, it means: that is not acceptable to me and I won’t tolerate it.
As you sit there and read this blog post, ask yourself what you are allowing into your life that is not acceptable.
For example, are you tolerating:
• Too much credit card debt and not enough income?
• Too much job and not enough fulfillment?
• Too many personal finance arguments and not enough collaboration?
The reasons we tolerate these abuses (yes, abuses) and countless others is because we are not effective at setting boundaries.
What is a boundary?
It is a well defined limit aligned with your value system that you establish for your protection and that of your family.
If you hate credit card debt yet your partner is very comfortable paying with plastic, maintaining a balance and paying interest every month, s/he has violated your boundary around using a credit card.
If you and your significant other agree to set aside time once a week to discuss personal finance goals, and you’re always too busy to participate in these financial planning sessions, you have violated your partner’s boundary around communication.
Are you beginning to see how important it is to set boundaries around personal finance issues?
When you establish clear cut limits around financial planning, you send a message to yourself and others that you are serious about achieving financial freedom.
Being effective at setting and honoring boundaries is one of the keys to creating wealth.
How can I help you on your personal finance journey?
Own the power of your personal finances and retire a millionaire!
Marc Woolf
Blog Posts Copyright © Marc S. Woolf 2007 All rights reserved.
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