The Courage to Say ‘No’ Financially: 6 Tips for Women

Updated: Sep 4, 2019



Women like me — and you! — tend to nurture and care for those we love, even to the detriment of our own needs. We support our loved ones in many ways — emotionally, spiritually, academically, physically. Women are also often called on for financial support, and we find it hard to say no.


How are you burdened financially by your children, significant others, parents, relatives, friends and neighbors? How do you evaluate the validity of their requests and handle them well?


First, ask yourself:

  • Whom do you feel the need to help (financially and otherwise)? Kids, parents, husband, boyfriend, church, your business, friends, kids’ schools, worthy causes?

  • What are some ways you can say no that reduce hurt and disappointment?

  • How can you put aside your own guilt while avoiding blame?

  • What methods can you use to rationally and kindly explain your limits?

Women’s impulse to help others can reduce their own financial security. According to the U.S. Department of Labor’s Women and Retirement, “Women are more likely to work in part-time jobs that don’t qualify for a retirement plan. And working women are more likely than men to inte