The concept of money boundaries melds financial tactics, subjective values and connections made in a certain lifetime. Consequently, while some folks realize that they can read part of book and gain knowledge even though they may not agree with the entire text, other folks simply claim that same book has no valuable information when they disagree with a portion of the text. Moreover, folks that come up with subjective strategies and boundaries concerning money are often more prepared. All in all, money boundaries are centered around comparisons, weighing out various options, and thinking and acting proactively.
- A money boundary is a point where a financial tactic comes into contact with something connected to another strong value and the other value is more important to you.
- A life change that is worth making should make you happier with your life. Most changes are a tradeoff where you sacrifice a little bit to gain a lot.
- Knowing your money boundaries – and the boundaries of other values in your life – makes it easier to discover which money strategies will work best for you in your life.
“Knowing your money boundaries – and the boundaries of other values in your life – makes it much easier to quickly figure out which money strategies will work best for you in your life.”