Sunday, February 1, 2009

How to Have Your Best Recession EVER Tip #3

Tip #3 Talk About Money

Now I know many of us were raised not to discuss such "private" matters with others. We were told we "shouldn't" discuss money issues with friends, acquaintances, strangers, whomever. I'm here to say that this is one of the WORST things we can do during a recession.

Part of what makes money challenging to manage is the shame of not having it. This shame may lead one to agree to go out to a dinner they can't afford, go to an event with friends that doesn't fit into their budget, get placed in a situation where they are asked to spend money they don't really have.

It doesn't have to be like this. One of the most liberating and empowering things you can say to a friend is,

"I'm sorry, I can't go out, I'm on a budget and can't afford that."

What feeling comes up for you when you read that? Dread? Fear? Excitement? No matter what feeling it is, you still have the right to say no and protect you dwindling funds. When you stand up for yourself, it will make it easier for others to do the same. If you practice this more often, you'll be guaranteed to feel more in control, and have your BEST RECESSION EVER!

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