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Dave Hilton offers helpful tips for negotiating and dealing with conflict. He should know, he has a masters degree in Dispute Resolution. Known as The Financial Conflict Coach, he helps people effectively resolve conflicts with their finances.
Negotiation is a strategic communication process to get a deal done or solve a problem
Conflict is neither good nor bad
It can bring about positive change or negative change. As an example: If the United States didn’t have a conflict with England then our nation would have never been founded.
Is there ever a time when negotiation isn’t useful?
To determine whether or not a negotiation will be useful or even necessary, sit down and determine if you value the relationship with that person, business, organization, etc. If you do value the relationship, be prepared to spend more time negotiating or compromising your position.
Tips for better negotiations:
- Remember that the other person could use negotiation tactics against you
- Anchor the negotiation by stating the first term/offer
- Use the “If I, then you” linkage
- Have patience
The YNAB Minute: Deleting old budget categories
Want to clean up your budget list? There is a simple procedure to follow to ensure the information isn’t lost and you don’t screw up your budget. Example: We deleted our “deck replacement” category and re-assigned the entries into another category that is used.
Thoroughly enjoyed this episode Steve as Dave is full of great incite and information.
Thoroughly enjoyed this episode Steve as Dave is full of great insight and information.