Get All Access for $5/mo

To Meet Your Financial Goals, Set Clear Boundaries Gain back the control you want with managing your money.

By Brittney Castro

Opinions expressed by Entrepreneur contributors are their own.

It is not easy to see what areas of your financial life can use improvement. One of the best tactics is to set some boundaries, so as to gain back more control. Entrepreneur Network partner Brittney Castro recommends setting some boundaries for yourself if you are feeling drained by your financial life.

An important step is knowing when to turn people down and say no when carving out your financial goals. Whether it is a friend who is always asking for your help to cover her or a family member who always wants to know about your financial state, you can choose to turn down requests and live your own life.

Moreover, consider walking away from bad money decisions if they are making you unhappy. Castro stresses you have autonomy over your choices, and it's all right to choose a different path and create a fresh money life for yourself.

Click the video to hear more tips about developing boundaries in your financial life.

Related: Rise to the Next Pay Level With These Negotiation Strategies

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Brittney Castro

Founder and CEO of Financially Wise Women

Brittney Castro is the founder and CEO of Financially Wise Women, a Los Angeles-based financial planning firm for women where she offers a free 30-minute financial planning session. She is a certified financial planner and specializes in working with busy professional and entrepreneurial women who are passionate about life and want to gain clarity around their money.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from Brittney Castro

To Receive More In Your Life, Begin to Give More

3 Trouble-Free Tips to Help You Build Up Your Savings

Make Quicker Progress Towards Your Savings Goals With These 3 Tips

Editor's Pick

Growing a Business

You Need an Advisory Team More Than Ever. Here's Why — and How to Run One Effectively.

The right advice, particularly in a company's early stages, can be an existential matter: how to surround yourself with the right minds.

Growing a Business

4 Financial Blind Spots That Could Be Preventing You From Making More Money

If you're ready to grow but feel stagnated and not sure why, check out these common money secrets where revenue is hiding.

Business News

Chipotle CEO Addresses Backlash Over Portion Sizes: 'There Was Never a Directive to Provide Less'

The fast-casual chain has been under fire about inconsistent portion sizes.

Starting a Business

NFL Great Stefon Diggs Has a Plan to Change the Game in Fashion

Four-time Pro Bowl wide receiver Stefon Diggs has a burning passion for football and fashion. Here's his best advice for pursuing your dreams.

Starting a Business

How to Find the Right Programmers: A Brief Guideline for Startup Founders

For startup founders under a plethora of challenges like timing, investors and changing market demand, it is extremely hard to hire programmers who can deliver.