“Financial envy can be the cause of a lifetime of debt and unhappiness.” Erin Aultman
How often do you hear about “keeping up with the Joneses”? Are you guilty of doing this yourself? This is an unhealthy way to live and it has to stop!
I can remember when I was young and feeling bad because one of, or all of my friends, had the most popular pair of shoes. And, if I’m being honest, up until about ten years ago, sometimes those same feelings would come over me when one of my friends was on a really nice vacation and I didn’t have the resources to take such a luxurious trip. Then I’d start to feel frustrated and angry with myself and the universe because I am not living my dream life and it seems like everyone around me is having the time of their lives. It feels awful and it is unhealthy to think like this because I know that I can have anything and everything that I want, I just need to change my mindset.
With the increasing popularity of social media, celebrity magazines, and reality TV, it has become so easy to get sucked into making comparisons. But this is not a good way to spend your time for several reasons:
When you compare everything you know about yourself to what you see of someone else, it is not a fair comparison because you are only seeing what others choose to let you see. For example: do you know how your neighbors are paying for that nice cruise they take every year during the holidays? They could be putting it all on a credit card and putting themselves further and further into debt. Meanwhile, you are focused on paying off your car so that you do not have car payments and can afford to take a nice trip in another year or two.
Not all financial goals are created equally. Some of us prefer to drive a new car and trade ours in each year. Some of us would rather not have a car payment for the rest of our lives, so we pay off our vehicles and drive that baby until it no longer runs. Some of us would rather rent a home so we don’t have all the responsibilities that come with buying our own home. This does not mean one of us is wrong and one of us is right, it just means we have different priorities. What is important is how we feel about our own current financial situation, and if you aren’t happy with yours, you need to be aware of some of these comparisons you might be making so that you can recognize them when you are doing it and check yourself.
Financial envy can be the cause of a lifetime of debt and unhappiness. When you fall victim to financial envy you are going to find it very hard to be satisfied with your financial situation.
We must choose happiness over the battle to keep up by creating attainable goals for ourselves and compare ourselves to our own goals. Then we celebrate our wins and update our goals as we reach them.
Action step: Stop with the comparisons already, financial envy does not look good on anyone.
Pay attention to how you feel when you recognize some financial envy creeping up on you the next time your BFF buys the newest model of the iPhone and change your thoughts around it. Be happy for them and remember that those are not your financial goals. You are working on your relationship with money and having a new iPhone isn’t in your budget right now. The phone you have works perfectly for your current situation. Then pat yourself on the back because you are one step closer to finding financial peace.
If you are comfortable with sharing, comment below about a time when you have had financial envy and tell us how it made you feel. There is no judgment here, we are all working together to improve our money mindset and I guarantee you are not the only one here who is guilty of feeling like this at some point or another. What is important is recognizing it and working to change it so that you feel better about your current situation. If you are not comfortable sharing, that is ok too, just be sure to take inventory of it for yourself so that you can work on fixing it.
A financial transformation specialist who partners with women to transform their money mindset and help them create a love affair with money that will make anyone jealous! Erin has a Masters of Science in Accountancy and has studied money mindset, as it relates to us individually and in our businesses, and the taxes that we pay, for over a decade.
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Three steps to survive back to school. Try Not To Overreact, Set Boundaries, and Take Extra Good Care of YOU.
I don’t know about y’all, but back-to-school time is always a humdinger in our family! Don’t get me wrong, I am always grateful to have my little lovelies go back into the care of those sainted teachers. But…
The mindfulness and other practices discussed in this blog are not meant as a substitute for licensed clinical therapy or medication as recommended by a medical doctor. If you are seriously depressed it is very important that you seek the advice of a licensed therapist or medical professional. If you are feeling at all that you may harm yourself or someone else, please call 911.
My son recently said to me, “mom, I wish your business was not about all of the peace and love stuff.” – Spoken like a true 14-year-old! LOL
My response to him went something like this:
AJ, my business is all about peace and love, joy and happiness, because I had so much depression and anxiety earlier in my life. And, I had to learn to heal myself so that I could live with peace and joy. Now I share that with others.
He seemed to understand and accept that. But, he brings up a good point.
“I have found that mindfulness, self-acceptance and meditation have given my daughter and I the strength we needed to get through the darkest of days and emerge blinking into this new life we have found ourselves in.” -Liane Richardson
It wasn’t until my recent experience with the death of my late partner, that I really realized the true darkness and pervasiveness of grief. It was if a light had been extinguished, the raw fear of realising that your life, complete with all the hopes and dreams you had together, was over. The support that I had so often taken for granted, gone in the blink of an eye. It has been fifteen months since his death, and I marvel at how resilient our daughter and I have been, faced with the lack of his physical presence in our life. It’s no time at all really, not in the grand scheme of things, but it sometimes feels that he has been gone forever. We have overcome all the major milestones for the first time and the rawness of our loss is fading.
There isn’t a one size fits all aspect to grief. In fact, it is quite a selfish emotion, we grieve for the loss of something or someone in our life, be it a person, a pet or a lifestyle. As such it is something that can overwhelm and, if we let it, consume us. That said, it is perfectly normal to grieve, and there isn’t a time limit, however, don’t let it be the sole focus of your life. Life comes at us pretty fast nowadays and change is something the majority of people shy away from. No-one chooses to wallow in grief, it really isn’t healthy, BUT it is an essential part of the process of momentous change after a loss.
I did a lot of research on grief and the grieving process after his death, especially trying to find a way to help our daughter live with her loss. Children deal with loss completely differently to us adults, my daughter needed to be with friends, to do normal things, not be whispered around or treated differently. Which was just as well because I nearly fell apart! It is true that one really finds out who your real friends are when the chips are down, and I was blessed to be surrounded by many people who softened the blow of his passing.
There is a general consensus amongst psychologists that there are stages to the grieving process:
- Denial. We can’t or won’t accept the loss and what it means for our future.
- Anger. With them for dying. With others for not saving them. With ourselves or a higher power.
- Bargaining. “Don’t let them die, please God, if you let them live I’ll do X.” Or in the event of their death ”if I do this God, will you bring them back to me?”
- Depression. This is the one that, if you allow it to take hold, will take you down with it. You dwell on the unfairness of it all, the lack of their presence in your life and the “what ifs” and “if only’s”. To be depressed as a result of the situation is a normal reaction to a loss and it is a necessary emotion to be able to heal and move on. To allow the depression to take hold of you is another thing altogether.
- Acceptance. The acceptance of your new reality.
There is no defined way that we will experience these emotions, indeed some of us won’t face all of them, although I did, to a lesser or greater degree. Ultimately the final stage is the one that will allow us to move forward in our new altered reality, because, like it or not, we can’t turn back the clock.
I have found that mindfulness, self-acceptance and meditation have given my daughter and I the strength we needed to get through the darkest of days and emerge blinking into this new life we have found ourselves in. He would be so proud of us and how well we have coped with his passing.
So we’ll keep on keeping on knowing that as each day passes the pain will slowly get easier to bear. I liked a quote I once saw on Pinterest, it said; Grief is like a stormy sea, the waves crash over you incessantly, gradually the storm, and the waves will subside and where once there were huge engulfing waves, there remain just tiny ripples and you can edge forward into your altered future.
With love and light,
Liane Richardson is a mother to four amazing children and a perpetual optimist bobbing around in the Sea Of Life. Her mission in life is to give others a helping hand or a shoulder to cry on. She is a strong believer in laughter being the best medicine (and chocolate!). What we think, we attract, so stay positive. Receive more goodness from Liane on her website: Liane Richardson
“Whether you think you can, or you think you can’t-you’re right.” -Henry Ford
When I started my journey to becoming financially fit, just a little over a decade ago, I had no idea where I was headed. I knew I needed to make some serious changes in my relationship with money because I was nowhere close to where I wanted to be, where I dreamed of being all my life. I knew I had the drive, I knew what I wanted my financial future to look like, but I didn’t know why I just couldn’t seem to get ahead and reach my goals of being financially free.
So what was stopping me? My money mindset!
Now some of you may be thinking, what in the world is money mindset and why should I care? I get it, I had no idea what it was until I started searching for a way to dig my way out of the $25,000 of debt I had got myself into because I wasn’t aware of the somewhat toxic relationship I had with money. I was living paycheck to paycheck and I wasn’t paying attention to where I was spending my money. I knew how much money I had in my bank account and when it was gone, it was gone. By the last few days of the month I’d be eating ramen noodles and driving around on the fumes in my gas tank hoping I’d have enough to make it to the bank to cash my check on payday. I was MISERABLE!
Courage does not always roar. Sometimes courage is the quiet at the end of the day saying, “I will try again tomorrow.”
The past couple of weeks have been a trying time for me. If you have been following my Facebook “Lives” you have heard me talking about how I attempted to go-back to grad school again and how it was a struggle. If you missed the videos, you can find them on @peacefullivingwellness
I was initially excited to go back to school. I was pursuing a degree in counseling, and as a coach I thought it would enhance my coaching skills. I started with a class called Theories and Practices and really enjoyed the subject matter.
The problem for me was the professor. (more…)