Could Boundaries be the Key to Wealth?

Dec 05, 2024

Have you ever watched those women who walk into a room and just *own* it? The ones who command respect without even trying? I used to look at them and wonder what magic formula they had that I was missing.

Here's the thing I've learned through my journey as a money confidence coach and psychologist who's been on my own journey of self development - it's not magic – it's boundaries. And it's not about faking it till you make it (honestly, I hate that advice). It's about actually embodying that confidence from the inside out.

If you're:

  • Working extra hours without charging for them
  • Saying yes to every client request without checking your capacity
  • Letting people drain your energy in meetings
  • Constantly available on your phone
  • Undercharging because you feel guilty about your rates

...then your lack of boundaries is literally costing you money.

I see this all the time with my clients. One business owner I worked with was so scared of having an uncomfortable conversation with a client they didn't want to work with that they tripled their prices thinking the client wouldn't pay that outrageous price... but instead, the client paid the invoice without a worry - when if the client had set a boundary and been confident saying no, they would have avoided the issue completely.

Here's what's wild about boundaries – they start working their magic even with tiny steps. One of my earliest boundary-setting moments was actually about a lip gloss. A colleague reached across to use mine without asking, and for the first time, I spoke up: "I'd rather you didn't take my lip gloss without asking, please."

Such a small thing, right? But the dynamic shifted instantly. She saw me differently from that moment on – as someone who knew her worth and wasn't afraid to claim it.

When it comes to wealth creation, boundaries are your secret weapon. They help you:

  • Set and stick to your prices
  • Value your time properly
  • Stop overdelivering
  • Say no to projects that don't serve you
  • Protect your energy for revenue-generating activities

The more you practice setting boundaries, the more natural it becomes. It's like building a muscle. Start small, but start somewhere.

Ready to flex your boundary-setting muscle? Try these starter moves:

  • Add a buffer time in your quotes for unexpected work
  • Set specific hours for client calls and stick to them
  • Create a pricing structure and stop making exceptions
  • Define your scope of work clearly upfront
  • Schedule regular breaks in your day (and actually take them)

You don't need to go from zero to boundaried hero overnight. Maybe you're not ready to tell your biggest client "no" just yet. That's okay. Start with something smaller, like not checking emails after 6pm.

Keep in mind that when you start setting boundaries, people will push back. They're used to the old you, the one who always said yes, who worked late, who took on just one more thing.

That pushback is normal. Expected, even. But here's what I want you to remember: Your boundary isn't up for negotiation. You get to decide what works for you and your business.

When you've mastered this, you'll know your worth isn't up for debate, and your boundaries aren't suggestions. 

You're not being difficult when you set boundaries. You're being a smart business owner who knows her worth. And that's exactly the kind of woman who builds sustainable wealth.


Eloise Tomkins is a Money Coach and Psychologist who helps women in business reprogram their relationship with money using body based techniques. Her popular membership, the Millionaire Mindset Academy helps you shift your money fear so you can make more income without hustling harder. 

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