Please welcome Natalie from over at Everything Finance, who will talk about keeping up with your neighbors financially. Everything Finance is a site about just that, everything related to finance. You can get information about investing, insurance, shopping, blogging, and making money online. Let me know if you would like to guest post on RFI.
We have all been there. You neighbor pulls up in his/her driveway with a brand new car and you instantly get a case of the green envies or that’s what I like to call it. You instantly start feeling bad about yourself and your financial situation. It doesn’t matter how many things you have or what is going on in your life. At the moment, you may feel insignificant despite all the good things in your life. You may get depressed and even feel encouraged to blow a bunch of cash just to feel validated.
This is a common situation that many people identify with every day. Our culture basically throws consumerist images at your face at every twist and turn. Our culture is one that is obsessed with celebrities and everything that they buy. The majority of these things like designer handbags are out of reach for the average person. Despite this, many people make themselves feel bad or put themselves in debt because they desire these fancy trinkets. Credit card debt is such a serious problem in part because of the crazy, silly spending that fuels it.
Keeping things in perspective is an excellent way to keep you from feeling envious of other people. Remember that you don’t know how the person purchased the items. They may be knee deep in credit debt or not paying essential bills. They may have the money to comfortably afford those expensive things, but that is not productive for you. Instead of feeling jealous or anxious, feel inspired to work harder to earn more in order to get the things you truly want. Sometimes seeing other people achieve things can be the motivating factor to achieve your dreams.
Finding things in your life to be grateful for can be another way to combat the feeling of needing to buy things. It can be hard but having that healthy appreciation for what is in your life will help. Take time to count your blessings and you will truly be happy. Make lists if you need it. Take the time to verbally say out loud what is making you happy in your life. Reciting how you feel can really do wonders for your self-esteem and keep you away from the temptation of spending thousands on things you don’t need.
Keeping up with your friends and neighbors can be very stressful. Sometimes the best thing to do is to disassociate from the situation and be grateful for what you have. You can also take it as an opportunity to motivate yourself to be more hard working. If you can find healthy ways with dealing with envy, then you have a much better chance of not feeling the temptation to spend and spend. Keeping up with the neighbors can make you feel better in the short run, but it can potentially destroy your finances. No fun indeed.