3 Ways To Set Financial Boundaries

3 Simple Ways To Set Financial Boundaries With Amida Wealth

June is the season of the father figure with Amida Wealth. In essence, it is the season that embodies YANG energy –Action, motivation, perseverance, and safety. In honor of the last few days of June, Amida would like to share 3 simple ways to set financial boundaries. A skill that requires practice and action. In other words, YANG energy.

But first, simply put – what are boundaries? Boundaries are guidelines or limits that individuals establish to define and preserve their personal, emotional, physical, and psychological space. In other words, they determine what is acceptable and what is not in terms of behavior, interactions, and relationships. For example, you keep your phone in the car when on a date with your friends’ or loved ones. In other words, you honor the present moment. Boundaries help individuals maintain a sense of self, protect their well-being, and establish healthy relationships with others.

The 6 Types Of Boundaries:

  • Physical: These boundaries define personal space and physical limits.
  • Emotional: This pertains to protecting one’s emotional well-being and maintaining separate identities and feelings. They involve recognizing and respecting one’s own emotions and the emotions of others, while not taking on the emotional burdens of others.
  • Intellectual: This involves respecting one’s thoughts, beliefs, and ideas.
  • Material: Related to personal belongings, finances, and resources. They involve setting limits on sharing personal items, or lending money.
  • Time: Time boundaries relate to managing and protecting one’s time and commitments. They involve setting aside time for self-care, prioritizing personal needs, and establishing boundaries around work, social engagements, and personal relationships.
  • Social Boundaries: Social boundaries involve establishing limits on social interactions and engagements.

Here are some popular books that explore the topic of boundaries:

Financial Boundaries

So what are financial boundaries? Financial boundaries refer to the limits and guidelines you establish for yourself regarding your personal finances. These boundaries help you make informed decisions about financial allocation, saving, and investing. Setting financial boundaries is crucial for maintaining financial well-being and achieving long-term financial goals. They establish accountability and strength. In other words, they show the universe what it is you are willing to be patient about, educate yourself on, and flow with in your wealth journey. Here are some steps to help you set financial boundaries:

#1. Define Your Financial Goals

First, start by clarifying your short-term and long-term financial objectives. These could include saving for a down payment on a house, paying off debt, or building an emergency fund. Everyones’ wealth journey looks different – what is it that you desire in your journey to abundance? Are you seeking more travel? Perhaps, you want to feel financially independent at a very young age and plan for retirement early. Ask yourself what it is that you desire in this life… and then get in touch with a financial advisor to help you clearly lay out the next steps. Be sure to check out our Amida blog: Empower yourself through financial planning.

#2. Green & Red Zone Your Finances

The Green Zone can be referred to as financial growth, and the Red Zone can be referred to as situations that are not aligned with our values, which actually elevate our levels of stress in unhealthy ways. The Green & Red Zone are states of mind, and a fantastic tool to use as we continue to expand throughout our wealth journey.

The green zone is the expansion state, the base energy is courage. This energy is harmonious, loving, and intuitive. The green zone produces growth, and self care. It is nurturing to the mind, body, and soul. When you’re spending money with purpose, this is the green zone. The green zone is all about spending money that aligns with our values. For example: you want to start feeling more peaceful, and spending time in nature. Perhaps, a green zone spend would be the purchase of a new bike or a new book and picnic blanket. This green zone spend is expansive, and feels good! It is aligned with the core desire to spend more time in nature.

In contrast, The red zone is the restriction state, and the base energy is fear. When it comes to money, when we are spending without a purpose, this is called Red Zone spending. Oftentimes, this spending is done out of guilt which is the lowest form of energy. An example of red zone spending would be the paying for everyones’ dinner at fancy restaurants without the aligned finances in place. Red zone spending is based in lower feelings associated with the ego. Learn more about this topic in our Green & Red Zone Blog

#3. Be Intentional With Financial Boundaries

Being financially intentional means being purposeful and deliberate in your approach to managing your money. It involves aligning your financial choices and actions with your values, goals, and priorities. For example, you want to save money for a house and live a healthier lifestyle – you could allocate your funds with this intention in mind. Perhaps, you host more dinner parties rather than going out to fancy restaurants. Additionally, you could be intentional about spending less money on alcohol when out with friends. Think: Green & Red Zone.

Lastly, it is important to always communicate boundaries. If you share finances with a partner or family members, communicate your financial boundaries clearly. Share your desires, and what your plan of action is. Discuss your goals to ensure everyone is on the same page and can work together to achieve financial harmony. Perhaps, your family and friends will want to join you?

Amida Wealth Family Conversations

At your next family or friends gathering, share this blog! Encourage a conversation about boundaries and what it means for each of the members at the table. Ask stories about different moments in time– perhaps, there is wisdom to be shared about passed experiences. Share Amida’s concept of financial boundaries, and encourage those around you to expand their wealth the Amida way!

Final Thoughts

In conclusion, life is about balance. How you do anything is how you do everything. In other words, the boundaries we set in everyday life can also play a role in our journey to wealth. Boundaries are a nourishing form of self care, and YANG energy. Establish what you want in this life, and set the necessary financial boundaries to get there. Remember, Amida is always one phone call and email away!



218 NW 24th street

MIAMI, FL 33127

Tel. +1305.809.0790

Email: experience@amidawealth.com


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