How to See Beyond the Obvious Financial Options

Financial Options

Imagine a salesperson knocks on your door and presents you with three options.

You can pick Product A for $50, Product B for $75, or Product C for $90.

They carefully explain each of the three options, describing the pros and cons, and even recommend Product C, because it’s the best value.

Which one should you choose? Product C, because it’s the best value? Well, maybe you should pick Product A, because it’s the cheapest. You could, you know, choose Product B – that way you wouldn’t look like a cheapskate but you wouldn’t end up paying the highest price.

Wait a minute.

Do you see what’s happening? You think there’s only three options. In fact, that’s not the case at all.

Sometimes it’s hard to see beyond the obvious financial options.

Here are a few more options . . . .

  • Say “no thank you” and close the door. You don’t have to buy.
  • Negotiate the price down of the product that would work for you.
  • Choose multiple products – perhaps these are killer deals and you should buy two or three products.
  • Ask where the salesperson completed their training – you just realized that you’d like to get into the business.
  • You realize that you don’t need these products, but you know someone who does – offer to take the salesperson’s phone number, and call them back if your friend wants to order some of these products . . . you could take a cut of the sales.
  • The salesperson made you laugh, put on quite the presentation, and you want to help their cause – consider making a donation.

Depending on your particular circumstances – and your feelings about door-to-door salespeople – you can choose to do a number of different things in response to being presented with only three options.

We’re Selling Ourselves Short All the Time

The truth is, we’re selling ourselves short all the time. Whatever the financial decision, whether it’s how we might choose to get out of debt, build up savings, or start a new business, we can buy into the lie that there are only a few ways to do each.

For example, if you’re trying to get out of debt, you might think the only way to do that is to make a budget. Sure, that helps, but why not try to get an extra job as well and blast your debt out of the water in half the time?

Wanting to make some extra money by starting a franchise business? Why not try starting an online business instead? Or maybe sell some things around the house if you don’t have time to start a business. Or hold a fundraiser for your cause.

Don’t Limit Yourself

Starting to get the message? Options abound.

If you don’t remember anything from this article except for one thing, remember this: It’s worth the time to brainstorm additional options, big and small, to discover the best possible course of action for you –regardless of the situation.

How to See Beyond the Obvious Financial Options

Here are some steps you can take to gather all of your options, regardless of what you’re going through:

1. Stop and think.

Before you act, stop and think. Get in the habit of stopping yourself before making a hasty decision.

Don’t impulse. Don’t think you have to.

2. Get multiple opinions.

The more exposure we have to various opinions, the more doors will open.

Read financial books. Talk with financial coaches. Expose yourself to ideas.

3. Practice creative thinking.

Unfortunately, many education systems discourage creative thinking and complex problem-solving. They encourage finding the intended answer, not a unique, abstract answer.

Challenge yourself to think outside the box – in fact, think outside of the room the box is in.

Final Thoughts

This isn’t easy. Many times people are stuck because they don’t even know they are. If they only knew there was a better way, a new way of thinking, and a new way of doing, they could take the appropriate steps to escape and see beyond the obvious options.

I know I struggle with this – a lot. Finding the financial ruts I’m stuck in is the most difficult part. Where can I do better? Am I bogging myself down with old, outdated financial practices that are keeping me from flying higher?

If you recognize that you’re limiting yourself, you’re on the right path. Never think you’ve fully arrived, once you do, you’ll halt all progress. Are you ready to see beyond the obvious financial options?

What’s holding you back from flying higher? What are your financial goals, and what are some unique and new ways you can think of to accomplish these goals? Leave a comment!

  1. William Cowie

    The key, of course, is to not be reactive, but proactive. When you’re reactive is when you only think of the options presented to you. When you’re proactive, that’s when you’re forced to look at all the options you can find.

    Very good post!

  2. Emily McDonald

    Awesome post! I think that we are often trained to find the most canned answer available in the split second that we take to solve our problems. The truth is that if it really is a big problem, it isn’t going to be solved in 2 seconds. I try to tell myself to slow down to the speed of creative thought, and remember that I have all that you need, right now.

  3. Sandra

    My immediate question is…what do you mean by “value”?

  4. Paula

    This article is such a great reminder and encouragement! Playing in the box or coloring within the lines can feel so safe, but it is not always the best or only answer. I appreciate your thoughtfulness. Thank you!!

    • John Frainee

      Thank you for your kind words Paula!

  5. Jerusha

    I love this post! Thanks for the encouragement to think outside of the box and find creative solutions for our financial issues. Keeping my mind sharp by thinking this way helps me move forward in the right direction a lot of times, when otherwise it would be so easy to accept that I’m stuck in a rut and can’t find a way out of it!

  6. James

    This is a great post. About a year ago, I made a decision to take full advantage of any opportunities that came my way (within reason and after praying about it). Through that process, I evolved into seeing opportunities that were not necessarily presented to me. This has opened a whole new world to me and has provided many blessings. Praise the Lord.