I recently watched the first episode of: Eddie Griffin's Going for Broke. It confirmed all my discussions about celebrities (or anyone w/ money) taking care of everyone they know.
Apparently, he is disbursing more money than he's receiving yearly. The solution to the problem is quite simple. Engage in the principles for Financial Freedom.
Number #6 Principle: Set Boundaries
The boundaries are set with you when a budget is established. However, this particular boundary is recognized for others who plead for monies and request for loans.
As I have coached clients in the past to look into the mirror and practice saying, “No”! Recently, a mother came into the office distressed the nearly six figure savings has depleted to less than $3000.00. She hadn’t realized that she was spending that much money on others. She disclosed her only son who is an engineer lost his job. He is married with two children. The wife is a homemaker who has no desire to change her job title. I encouraged her to cut the cord and persuade him to find employment any if it involved relocating. She is the typical parent who put others’ needs before hers. It’s time to say No or you’ll financially spiral downward.
It's time for Eddie Griffin and others to listen to an expert consultant to find and implement empowerment of self and finances. It's perfectly fine to tell others "NO" because you have to be the one to learn to take care of yourself.
This is not a selfish act. In fact, it's an act of love for thyself.
Be inspired,
Bahiyah Shabazz
Wednesday, September 16, 2009
Subscribe to:
Post Comments (Atom)
2 comments:
As we are seeing, Michael Jackson also had the same problem. A lot of people fall into this problem. They are living beyond their means.
Great advice!! I learned to tell others "NO" a long time ago for the same reasons you're bringing to light now.
Post a Comment