Compete with Only Yourself
They only person you should be outdoing is yourself!
Too often, people get caught up in what other people have or what others are doing. It's those social pressures of the world that make some people rush into marriages, rush to have babies, rush to buy houses, rush to buy fancy cars...you get the picture. What's the rush? Why do you think you have to keep up with your friends, family, and neighbors? Who made those rules?
As comedian Kevin Hart jokes in a comedy skit, "stay in your lane". If more people did this, there would likely be less debt. That's a bold statement, yes, but think about it. More Debt - Rushing to buy a fancy house and car because that's what "everyone" around you has will likely lead to mortgages and car payments that are higher than what you can afford at the time.
Only once you can accept your current financial position and only make purchases that reflect your true values will you find peace. Trying to keep up with everyone can be exhausting, stressful, depressing, and all kinds of bad.
The truth is that there will always be someone doing better than you and there is always someone who may not be doing as well as you. No matter how much or how little you have, you're better off when you don't compare your life with the lives of others. Set goals that are meaningful to you and your loved ones. Don't spend what you don't have to impress or compete with others. Focus on self-improvement, being a better you. The rest will come with time and effort.
Too often, people get caught up in what other people have or what others are doing. It's those social pressures of the world that make some people rush into marriages, rush to have babies, rush to buy houses, rush to buy fancy cars...you get the picture. What's the rush? Why do you think you have to keep up with your friends, family, and neighbors? Who made those rules?
As comedian Kevin Hart jokes in a comedy skit, "stay in your lane". If more people did this, there would likely be less debt. That's a bold statement, yes, but think about it. More Debt - Rushing to buy a fancy house and car because that's what "everyone" around you has will likely lead to mortgages and car payments that are higher than what you can afford at the time.
Only once you can accept your current financial position and only make purchases that reflect your true values will you find peace. Trying to keep up with everyone can be exhausting, stressful, depressing, and all kinds of bad.
The truth is that there will always be someone doing better than you and there is always someone who may not be doing as well as you. No matter how much or how little you have, you're better off when you don't compare your life with the lives of others. Set goals that are meaningful to you and your loved ones. Don't spend what you don't have to impress or compete with others. Focus on self-improvement, being a better you. The rest will come with time and effort.
Stay out of debt by spending within your means no matter what others are doing!