Money and Happiness
Comparing your financial status to others' only leads to discontent, and could even help land you in debt. Find out how to make your money obey your values, not your neighbors' spending habits.
To overcome money envy, we need to figure out our purpose, identify what we love and value most, and make our money obey our values by setting specific financial goals. Because if we achieve the things we value most, we'll be less riveted by what the neighbors are doing.
Using mental training to develop an internal center of control and "create our own reality." For example, one of my highest priorities is my children's education; school tuition and college savings put a sizeable dent in my family's discretionary income.
But when I long for a nicer car, I visualize my kids graduating from college, completely free to choose their path in life without the burden of student loans. That image reminds me that while I may not look rich to the rest of the world, I'm achieving wealth by my own definition, on my own terms.
This isn't a one-time exercise, but a lifelong struggle. The media, society, and culture will forever seduce us to betray what is genuinely meaningful for what is comfortable, beautiful, and enviable.
Based on Laura Rowley’s articles 2006.07.08
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