Tips to Avoid Money Envy


Let’s start off by being completely honest and admitting that feeling jealous of other’s people success is really, really hard to avoid.

Whether you envy the lifestyle of the rich and famous or whether you would like to have a car as nice as your neighbor’s new model, financial envy is a horrible feeling that we all need to battle to overcome at some point in our lives.

So, how can you live more happily without feeling bad about wanting what other people have got? The following areas are where you can look to get rid of this nasty habit.

Truly Appreciate the Good Things You Have

You know, there are almost certainly people out there who feel jealous of you and what you have got. That’s just how jealousy works; there is always someone out there who has more than you. Sometimes you will be the person who has less and sometimes you will be the one who has more.

The only way to avoid falling into the trap of financial envy is to truly appreciate what you have. So what if your work colleague has a newer car than you? If you love and appreciate your own vehicle then you wouldn’t swap it for Jay-Z’s flash rides or any from Jay Leno’s amazing collection. Well, maybe you would but you aren’t going to let envy eat you up.

If you can find genuine pleasure in your possessions and lifestyle then there will be absolutely no reason to feel jealous of what other people have. On the other hand, if you aren’t satisfied with what you have then you could potentially feel envious of just about anyone you come across.

Think About Your Priorities

Ok, so let’s assume that your neighbor has a more expensive house and car than you, while he always has the latest phones and gadgets. Could it be that he simply has a different set of priorities from you?

While you might enjoy spending money on travelling or food, maybe the guy next door lives a frugal life in which his only joys are his car, his gadgets and home. Alternatively, it could be that you take care of your money and try and invest your money or build up savings and a pension fund, while he is heavily in debt?

At the end of the day it doesn’t matter. He has his priorities and you have yours. If you stick to your principles and handle your money well then there will be no problem. As for your neighbor and everyone else; they can get on with spending their money in the way they want to, can’t they?

Try Harder

There is another possibility that we have consider at this stage, although it is going to take a bit of serious reflection to do so. Is it possible that you could try harder to reach your own goals? If you have been letting yourself down in this respect then maybe the time is right to try a bit harder?

When we don’t do everything that we could to improve our own situation the easy approach is to turn our focus on other people’s achievements. Of course, this makes no sense but it can give us a false sense of what is really the problem.

As far as I can see, if we each try our hardest then we are likely to achieve what we want in a financial sense, provided that we set realistic goals. If this is the case then there would be no reason at all to feel jealous of anyone, would there?

Have you ever struggled to overcome feelings of financial envy? If so, how did you do it?

4 Responses to Tips to Avoid Money Envy

  1. I think it is hard to not feel envy every once in awhile. I agree with you that you need to bring yourself back to enjoying the things that you do have. Some envy is good because it can help motivate and push you but it only gets bad when it overly consumes everything you do.

  2. Money Beagle says:

    No matter what, it’s still going to happen. Trying to make sure that it doesn’t consume you or change your relationships with those you envy or your own approaches to money is the big challenge that we have to face.

  3. Financial envy boils down to the fact that we all (whether we admit it or not) measure how successful we are by how much “stuff” we have. When we see someone with more stuff, we feel like we are not as successful. It’s a tough perspective to shake….

  4. Stephen says:

    It’s definitely hard to overcome it but I just use it as a motivator. I know I might not have what they have soon, but someday I’ll have more if I keep my head down and stay focused.

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