EP103 Are you a financial bully?
Some people push their financial agenda on others without considering the impact. These actions could be intentional or unintentional, and they may not be aware that they are doing it. Often these actions occur without malicious intent. However, it can still result in people feeling shame or embarrassment about their financial situation. It can lead to people spending money they don’t have rather than having uncomfortable conversations about money.
Today, I share how to judge if you are a financial bully and reveal how you should approach difficult conversations surrounding money. I share how you can use these conversations to set a baseline for future situations. I highlight the phrases that you should be mindful of to determine whether you’re pushing your financial agenda on someone else. I also share how you can remove financial bullying from your life.
“It is okay to have financial priorities that are unique to you. It’s your life and you should be living it the way you want.” – Tracey Bissett
This Week on Young Money:
- How to assess if you are a financial bully.
- How to approach conversations about money.
- Eliminating bad feelings and pressure from future situations.
- How to handle a financial bully if you encounter one.
- Phrases a financial bully might say.
- How to eliminate financial bullying from your life.
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Steveark
I often encourage my wife to spend more on herself but it isn’t bullying. We’ve always been frugal and have accumulated several million dollars in investments prior to retiring early and it’s a little difficult for her to learn how to spend on her self even though we can now afford almost anything. It’s way easier for her to spend on her priorities when I encourage her to do so, she does the same for me.