The Word NO and Your Finances

The Word NO and Your Finances

Say No

Is the word No difficult for you to say?  Even when you know it’s the only logical answer?

Here’s the scene.   The pressure is on by family or friends to spend money on non-necessities or luxuries.  You don’t really have the money right now as your emergency savings fund has been depleted and you are not able to contribute to your retirement plan.

The pressure combined with guilt leads to a massive spending cave in.  You get yourself into debt.  Now you find yourself feeling like a wuss for the lack of the ability to say the word no.

The word no can change many aspects of your life for the better. This includes relationships, your financial world, your health and so on.  The word no establishes boundaries to protect you from being taken advantage of and from doing possible harm to some aspect of yourself or your financial situation.

Mastering the word no adds to your own personal strength, power, self-esteem and confidence.  

By the way, HOW you say it is important as well.  Loving yet firm is a solid delivery approach.

Dave Ramsey has shared his opinions on the word no in the video below.

If the presentation is a bit harsh for you, here’s a suggestion.

  1. Find your sense of humor.   ALWAYS!
  2. Visualize yourself feeling financially free because you DID have the courage to say no.
  3. Change the vision and substitute Dave with someone you love like Jon Stewart or Taylor Swift who don’t take any crap in their own way.  So now, do you notice that all of a sudden the concept is a bit more appealing?  😉

Tips for Saying No

Step into your personal power armor.  Flex your muscles.  What if you now make choices using wisdom and strength that all lead to a feeling of independence, freedom and confidence that you and your family will be taken care of and even thrive?  I’m going to bravely toss out there that it may very well be a preferable and more satisfying feeling than the “I deserve” thing 😉

Humility and strength are a wonderful combination and a huge powerhouse for your life not to mention an amazing inspiration to others.

It’s simply about saying no until you and your family’s needs and financial security are obtained first.  At that point, it will feel MUCH better for the times ahead where  it really does make sense to say YES.

Now it’s time to go.. and master the word no 🙂

Road Trip on a Budget – Ticaboo, Utah

Road Trip on a Budget – Ticaboo, Utah

We had no idea where our next Road Trip on a Budget would be.  It was time to scope out Groupon Getaways.  The element of surprise is my favorite aspect of shopping for travel deals.  You can find yourself traveling somewhere you never would have considered without a smokin’ hot deal dangling in your face. (more…)

Groundhog Day Spending:  5 Tips to Create New Habits

Groundhog Day Spending: 5 Tips to Create New Habits

Does it feel like Groundhog Day when you get your monthly bills? Have you experienced repeated guilt that manifests itself in your stomach like a lead balloon?  If so, then it’s time to be nice to your stomach and your financial situation.

Here are 5 tips to help create new habits and eliminate the Groundhog Day repetition with your spending.  Once you’ve found a method that seems best for you, practice is the key. This means that you must repeat the new positive behavior over and over to establish a whole new meaning to your personal Groundhog Day.

1. Find Alternate Habits

Find another activity that replaces your need to spend.

  • Take up a low cost activity that improves your life at the same time.   Yoga, nature walks or training for a 5K could take you to the next level in your health and well being.
  • Focus your energy on educational activities to launch a new career or take your hobbies to a new level of satisfaction.  There are free online classes with organizations such as Coursera.
  • Find new low cost (or free) ways to nurture your existing relationships with your family and friends.
  • Develop new relationships with people that have similar financial values and goals.

2.  Affirmations

Say these affirmations 3 times a day PLUS whenever you get the urge to spend.

  • “I use my personal power to say No to spending.”
  • “I don’t need to purchase anything that isn’t absolutely essential.”
  • “I am confident in who I am and don’t need to impress anyone.”
  • “I have no need to ‘Keep Up with the Joneses.’
  • “This powerful habit of ‘saying no’ will significantly improve my financial security, my confidence and my personal power.

3. Reward System

Establish a system to reward yourself and celebrate when you have achieved your goals.  Here are some ideas.

  • Give yourself a small prize that will delight you.  Purchase a special song that melts your heart like “Road of Life” or music that’s full of joy and makes you want to sing-a-long like “All the Way to Heaven.”
  • Celebrate each achievement with a pal over a glass of wine, smoothie or a chai tea.
  • Start a friendly ‘say no’/’stick to the budget’ competition with a friend where the loser has to buy a ‘treat’ for the winner.
  • Celebrate by allowing yourself to enroll in that low-cost class you’ve always wanted to take, but blew all available money on clothes, restaurants or travel.

4.  Put Blinders On

If you don’t see available money, then assume it’s not there to spend.  Have  your employer deduct amounts from your paycheck and send it directly to savings or a 401k retirement plan.

Wink. Wink.  “What money?”  “I only make x amount.” “I never had that money to begin with.”  Wink.

The Dogz found that in their experience, blinders worked very well  😉 

5.  Focus on Future

If you are someone that justifies unnecessary spending while completely ignoring your future financial stability, it’ s time to reset, reboot, and completely shift your thinking.

Which one of these 2 scenarios is more appealing?

  1. You must ask your children and friends for financial help every month in order to survive because you no longer have the energy or confidence to work.
  2. You are completely self sufficient, healthy and fully engaged in life with soul satisfying hobbies, wonderful relationships, and traveling to places that you love.

Example of statements that keep us from achieving the 2nd scenario are the following…

  • “You only live once.”
  • “I deserve this.”

Luxury spending ‘in the now’ has jeapordized the financial security of many people in later years.  Focusing on the future while taking control of the present can lead to amazing possibilities for your financial life in your golden years.  Picture what you want for your future, then make it happen.


Use the above tips to get your own creativity going.  It’s actually possible to find joy in saving and investing for your financial future.  Celebrate when you reach milestones such as getting out of debt and maxing out your contributions to your retirement plan.  Share what you’ve achieved on social media or on YouTube.

Know that life can be fan-freakin-tastic without luxury spending. Volunteer for good causes. Increase your compassion for yourself and others. Laugh more.  Love more.  Use your brand new habits to improve your quality of life.  Practice. Practice. Practice.  Woof!

Groundhog Day movie clip:  Below is a hilarious video of the evolution of Bill’s character as Ned the insurance salesman pesters him to buy insurance 🙂

Note:  Groundhog in featured photo belongs to large family that lives by the The Dogz’ bank.  

5 Tips for a Christmas Budget

5 Tips for a Christmas Budget

It’s important to establish a Christmas budget every year to make sure that you don’t overspend.  Check out the following 5 tips for an effective Christmas budget.

1.  Get Real

Your Christmas budget should be within the parameters of an all year budget and should make sense with respect to your current income.  Set your budget goals to avoid debt altogether or to not increase any existing debt. (more…)

Save Money on Pet Costumes

Save Money on Pet Costumes

If you are participating in the latest ‘dress up your pet’  rage and looking to save money on pet costumes, the best time to buy is when the sales kick in right after Halloween.  You’re likely to find some excellent costumes for Tucker & Fido that you can use next year… or anytime 😉   There are a wide variety of pet costumes available for purchase or you can make your own. (more…)

Road Trip on a Budget – Moab, Utah

Road Trip on a Budget – Moab, Utah

It was a glorious autumn weather forecast for Wednesday and Thursday in Moab,  Utah.  Sunny and mid 70’s, but how could we afford it?  The money game had recently been a bit tricky.  Yet we’ve been working nonstop…  and the red rocks and arches of Moab were calling us from 250 miles away.  The situation called for an obvious solution… Road Trip on a Budget.

Hwy 128 to Moab - Road trip on a budget