Figuring Out And Handling Your Financial Boundaries

There will come a point where you’re going to try a frugal strategy or even read an article about frugality that just doesn’t make sense for you.

You’ll feel like doing it or even the mere thought of it means abandoning a part of you. You might force yourself to take on this change or simply reject it all together. Here are some strategies on effectively facing your financial boundaries so you can continue your journey to financial freedom.

1. Recognise A Financial Boundary When You See It

Even if you don’t clearly distinguish it yet, if you find yourself unhappy about a change you’ve made in your life, you have likely touched upon a kind of boundary between different values you hold dear. That subconscious discomfort is a blaring sign that you’re tip-toeing over the edges of some kind of life boundary and stomping over your personal values. While a life change that’s worth making should make you happier, there are some changes where you have to sacrifice a little bit in a certain aspect of your life to gain a lot in another. A trade-off isn’t actually good when you find yourself sacrificing more than you think or getting less than what you think in return for the change you’ve made. If you value your time, spending too much of it on a certain strategy for too little reward might not be the best strategy for you.

2. Don’t Overreact

Just because a particular frugal strategy doesn’t work for you, you’ll completely throw it out the window, or worse, you’ll reject all other strategies around it. You can overlook or eliminate a lot of good strategy by doing so. What you should do is to isolate that particular strategy that doesn’t work for you and try to figure out why it bothers you and what conflict does it bring in your life.

3. Find Out What Exactly The Boundary Is And What Value It Represents

When you’ve figured out why a certain tactic is bothering you and the reason behind a conflict, you’ll get to know what’s more important in your life. This is essential when it comes to filtering other strategies that might cross the same line and help you see that there are other alternatives that may fit the bill quite well while having less of a drawback for you.

4. Use Trial Runs

Unless you’re absolutely sure a certain strategy won’t work for you, be open to giving it a trial run of some kind. You’ll never know if your first impressions are wrong or not if you don’t even take chances. Put a strategy to test by committing to a thirty-day challenge to know if it works for you or not. You can also use this time to refine the tactic to your liking.

5. Give Yourself Time To Reflect

Take some time to really think about the choices you’ve made that are troubling you and reflect on why you made them, why you came up with such answer, and whether there’s a better way of handling it. This type of thinking will sharpen your decision making which can significantly improve your life as well as your finances.