The power to say no: Take control of your financial destiny

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The power to say no: Take control of your financial destiny

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Power is not key to understanding. Well it is one of the strongest words in the English language. It’s a small word, but those two letters have a strong punch. When you say no at the right time, you have the power to set healthy boundaries, reduce unnecessary stress, and protect your mental health.

But it’s not really hard to say – especially when it comes to work or money. Take this from me, a longtime freeman. For many years, I was afraid to turn down any opportunity, even if it meant congestion and burnout.

Fortunately, there are strategies that can allow you to harness the power not to become more successful and happier. Instead of burning the bridges on the road to financial freedomyou can’t smooth the sidewalk.

So let’s look at how you can harness power not to your financial advantage.

Why is it not so hard to say?

Many of us learn from an early age that it is not a selfish word. Think of toddlers who have irritability: “No, no no no no!”

We are also taught that we should often put the needs of others above our own, giving instead of taking. For many of us, pleasing others is just built into our brains.

When it comes to a job, a solo career or even a simple one side hustle and bustle, if you say no, it gets even harder. This is because money is at stake.

Let’s say it’s 5:00 in the afternoon and your boss runs to your booth and asks you if you’re going to stay up late to put together a presentation they forgot about.

Some other day this scenario may be fine. But it’s your son’s birthday and you promised to take the whole family for pizza.

No matter what your knee reaction would be now, I bet you would say yes in this scenario and miss the pizza party. After all, if you say no, you may be overlooked for promotion, right?

Here is another situation to consider. Let’s say you have a successful freelance writer career and receive an email from someone asking you if you can write a 5,000-word report with a quick turnaround.

The thing is, your salary is lower than your usual rate. And you don’t even like to think about it. It completely transcends your niche.

But I bet you would be tempted to say yes. After all, freelancers should never refuse to perform, right?

When is it okay to use power no?

Okay, sometimes you absolutely can’t refuse a task or a job. If you said no, it would definitely cost you a position or lose an opportunity you may never receive again.

In the gut you will know when to give a definitive yes. Clearly, this would mean high opportunity costs if it were rejected.

However, it can be harder to figure out when a resolute no is needed.

Here are some criteria to consider:

1. Is your safety at risk?

This one should be stupid. If someone asks you to do something that doesn’t make you feel safe or uncomfortable, don’t do it – no matter how much money they offer you.

This ranges from entering into a personal relationship with the boss to using dangerous equipment for which you are simply not qualified.

Entering a toxic relationship or injury at work is simply not worth the extra money. Use the power no and move forward, make sure you set strong, clear borders with everyone asking you to do something outside of your comfort zone.

2. Is there a service in your wheelhouse?

If you do any freelance work, you’ll occasionally have to do work you simply don’t know – and you’re also not thrilled to learn how to do it.

If you can afford to pass on your income, definitely don’t do it. Wait for jobs that excite or interest you. Chances are there’s a better opportunity around the corner.

If you could use the extra work, consider how long it would take you to learn about the topic or complete the task before you say yes. The concert may not be worth the time it would take you to reach speed.

3. Will this bring you closer to your goals?

If it seems that the opportunity offered could deplete your time or resources, decline it. As an entrepreneur or even a side scammer, you know you have a limited amount of energy and time you can give.

Successful people say no all the time. I like this quote from the late Apple co-founder Steve Jobs: “Innovation is saying no to 1000 things.”

Remember, your ultimate goal is to achieve financial freedom as soon as possible. Don’t say that to anything that could send you on a detour or otherwise distract you from better opportunities.

4. Do you already have enough to do?

You may have read about the difference between mindset deficiency and the mindset of growth.

One of the unpleasant side effects of thinking about scarcity is that you are prone to hoarding.

Think of it this way: when people are afraid that the store will run out of toilet paper, they accumulate it. They fill their cabinets, basements and every bit of storage space with TP rolls.

It’s the same with the lack of mindset about job opportunities.

When freelancers are afraid that they will run out of jobs, they make as many performances as possible, regardless of quality.

You know what? Most of the time, this accumulation is unwarranted. And it can lead to burnout.

Just as the TP copier’s house will be full of Charmina, your calendar will be so full that you’ll neglect important work, book twice, or scatter your talents too much. And none of these scenarios lead to financial freedom.

5. Is it paid enough?

You need to ask yourself this question every time someone offers you any opportunity.

In the name of exposure or experience, it’s so easy to sell short. Although everyone has to start somewhere, accepting an opportunity that doesn’t pay off fairly is never a good idea.

For example, one thing is to do fun, relatively brainless, but low-paid activity like taking online surveys in free time. Another thing is to do it instead of the opportunity with better pay.

Sometimes it’s okay to accept a lower paid job when you’re desperately short of money or if you want to start a door in a really great company. Ask yourself: Will this opportunity bring me closer to financial freedom?

And definitely don’t embark on a job that would end up costing you money instead of earning it. So when a friend comes to you with a multi-level marketing (MLM) scheme, go the other way.

How to use power no: how to say no

Here are our best tips on how to say no.

  1. Be clear about your boundaries
  2. Be polite and honest in your answer
  3. He doesn’t feel guilty

When you’re ready to be a negative Nellie (but in a good way), it’s time to say, “Thank you, but no thank you.” Here are some tips on how to do it.

1. Be clear about your boundaries

Before you turn down any opportunity, make sure you have a good understanding of where your professional or personal boundaries are.

A great way to do this is to write a mission statement for yourself. For example, you can write something like this in your planner or notebook: “I am a professional freelance writer working in the field of personal finance. My payment rate is $ 50 per hour. I don’t have to work more than 30 hours a week and never on the weekends. ”

Repeat this mantra before you respond to the opportunity. It will help you stay firm and not miss out!

2. Be polite and honest in your answer

Never, ever make up excuses and give a vague answer. Thank you to the person who made you the offer, but give a clear reason why you cannot accept it.

It certainly doesn’t hurt to say, “No, thank you. The rate is lower than I usually get. ”Who knows? Maybe they’ll go back to the drawing board and offer you a better deal.

Similarly, you will probably deserve respect if you say that you are already booked or that you do not feel well informed about the project.

And if you’re polite, the bid designer may be the first to come to you the next time he has a project that is more suited to your salary range and experience.

Here’s a tip for professionals: if you’re nervous about turning down an opportunity, there’s no harm in writing a script that you can read for yourself.

TIP: If you’re nervous about turning down an opportunity, there’s no harm in writing a script that you can read for yourself.

3. Don’t feel guilty

Feelings of guilt and regret take up valuable time and energy. Don’t waste resources on beatings because you said no.

Instead, go out and go on the path to financial freedom.

To learn more about achieving financial freedom, check out our Financial Freedom in Uncertain Times course:

Frequently Asked Questions

Here are the most common questions about the power of saying no.

Do freelancers have to give notice?

Self-employed persons are not obliged to inform unless this is stated in your contract. However, it is considered good etiquette if you warn the client that you will end the relationship at least two weeks in advance. This gives you both the opportunity to tie all the loose ends.

How can you say no to the boss without sounding rude?

First, no reasonable boss expects an employee to agree to their every request. If you politely say no, you can actually show your employer that you have the initiative.

If you are unable to meet the requirement because you already have too much on your plate, make it clear that the task you have been asked for will reduce the quality of your work.

And if it is contrary to family obligations, be polite and honest in doing so. Your boss will probably understand. And if not, look work for yourself!!

Bottom line

Saying is not easy is scary. But instead of thinking negatively about it, focus on its positive power no.

After all, if you say no, there can be better, more lucrative opportunities. By using this powerful word at the right time, you can better control your financial destiny.

Remember the old saying, “When one door closes, the other opens?” In the search for financial freedom, this is usually the truth.

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE

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