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Read below for Ormans advice onwhat everyone should implement in 2025 and how to do so.
True generosity means that giving must not drain you in the process, Orman said.
She explained that people shouldnt deplete themselves financially or emotionally in the name of generosity.
Do you give money to others when it means depleting your savings?
Do you support adult children when it means you are falling behind on your retirement savings?
These are red flags that your giving might be hurting your own financial health.
The Time Management Test
Its not just about money, either.
As the old adage goes, time equals money so confirm to protect yours and use it wisely.
If youve found that youre not spending enough time on your finances, youre not alone.
Ensuring you give yourself time to engage in financial planning can set you up for success in the future.
The Power of Saying No
The solution?
Saying no out of love rather than saying yes out of fear, Orman said.
This approach can help you build emergency savings and retirement accounts while maintaining healthy boundaries.
Sometimes themost generous thingyou can do is take care of yourself and your finances first.
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