142 | Balancing Friendship and Finances: 4 Ways to Set Financial Boundaries with Your Friends

Money Files: Wealth Over Now

It is okay to value spending money differently than the way your friends value spending money. Sometimes, we are so focused on keeping up appearances or worried about missing out that we allow our friends to pressure us into spending money on things we don't really care about.

In today's episode, I share four effective strategies for setting financial boundaries with your friends. From initiating conversations about your money goals to suggesting alternative, budget-friendly activities, I'll cover how to keep your relationships strong without compromising your money goals.

You don't have to match your friends' spending habits or feel pressured to say “yes” to every event. True friends will respect your financial boundaries. Don't be afraid to be proactive and clear about your current and future goals. By setting these boundaries, you protect your finances and set a positive example for your friends.

Learn 4 ways to set financial boundaries with your friends including…

• [02:46] Practicing sharing financial goals with your friends

• [06:28] Being the friend that makes the plans

• [08:14] Being the friend that suggests something new

• [10:57] Getting comfortable saying no

Tune into this episode of Money Files to learn 4 strategies to set financial boundaries with your friends so you can maintain meaningful relationships without sacrificing your money goals.

Get full show notes and the episode transcript: https://wealthovernow.com/balancing-friendship-and-finances-4-ways-to-set-financial-boundaries-with-your-friends/

Links mentioned in this episode…

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