Money Saving Tips - How to Keep Other People From Spending Your Money

If you're a nice person, you probably find it hardon change" freeloader asks you for $10, say you
to say no when someone asks you for money.don't have any to spare.
After all, being nice means giving to those in need,Now suppose you have a business and friends or
right? But too much can be a bad thing, and veryfamily ask for special treatment "just because"
often, helping others too much is a very badthey are friends or family? You have to draw the
thing. People are apt to take advantage ofline here. There is nothing wrong with giving
generosity whenever and wherever they find it.freebies to relatives and buddies. Besides, it'd help
If there's one thing in the world a nice personyou too if they spread the word about how good
should know, it's this: Don't be too generous. Thatyour services/products are. But if your so-called
goes for your time, your trust and especially yourfriends and family don't know when to stop, tell
money. Stick to this golden rule and you avoidthem, as nicely as you can: "Business is business."
getting into a financial shipwreck over someoneMoney Saving Tip #3: Don't Be Shy About Saving
else's iceberg.There are people who deliberately squander
Now here are some tips to help you dodge thosemoney just to prove that they can. They do this
freeloading bullets.in an attempt to impress other people. Why live
Money Saving Tip #1: Avoid the "Group" Trapfor other people's opinions? Go the other way.
Some folks are only too happy to spend yourSave what you can no matter what others think.
money for you, or at least tell you how to spendWhen bad times come, you will be glad you did.
it. Here's a scenario:One great way to save money is to a use a
Someone in your circle of friends is going abroad.savings card. A discount card is a card you use to
One clever person in your group (no doubt, theget discounts and gifts from business
one who likes to take center stage and pokeestablishments that honor that discount card.
their nose at everything) comes up with a "groupDiscount cards can be for a specific product or
gift" idea as a going-away present for him. It's tooservice, or for many.
expensive for you and you know it. But theyBottom line: Save your money, period.
have all agreed on it and they expect you to chipMore Money Saving Tips #4: Learn to Say "No"
in your equal share. Never mind if your cat justSometimes you just have to say "No." Saying the
spent a week in the veterinary clinic or thenegative immediately closes the door to further
hurricane just tore off your garage roof.discussion. It may hurt, and you may lose a close
What do you do? You may be reluctant to sayfamily or friend who can't forgive you for turning
no because it's not "good" to say no or you feelthem down. But if you keep helping everyone,
embarrassed. But to agree would be to fall into awhere does it end?
financial trap. Instead, just say, "Oh, that's nice butIf your nephew has a brilliant new business plan
I already have a gift for him." Don't be squeamishand you don't have the money to help him get
about it. This is your money. No one has the rightstarted, you'll have to muster the courage to say,
to tell you how to spend it."No, I can't." Even if you have the money, but
Bottom line: Avoid getting into a group thing ifyou need to save it for other things, again, you
you're not sure how much it will cost you.have every right to refuse.
Money Saving Tip #2: Escape the FreeloadingYou can also go the middle way and give some
Tacticiansmoney but not as much as they would want.
You've seen them, the freeloading pirates. TheyNote though: Don't expect your money to come
are always looking for a free ride, a free mealback. Give it as a gift (but don't tell them that)
and whatnot. Say yes to them once and it willand assume you will never be paid. If you do get
never end. Don't be mince words with them. Youpaid, good. If not, well, at least they won't ask
can still be nice but put your foot down and letyou for another loan, right?
them know your limits. Next time a habitual "shortBottom line: Say "No.