How to Set and Communicate Financial Boundaries

Whether it’s a simple night out to dinner with friends or planning a vacation with your significant other, it’s important to be clear about what you can and cannot do financially. These are considered your “financial boundaries.” In this blog post from Financial Gym (founded and managed by Wake Forest alumna Shannon McLay, class of 2000), learn how to set and communicate your own financial boundaries while also being mindful of other people’s.

“Setting financial boundaries is in everyone’s interest. It prevents resentment from growing in your relationships and it means that when you do say yes, you are doing it from a place of true desire and generosity while honoring your own needs.”