One of the most important things you can do to get yourself on solid financial footing is to be happy with what you have. A big cause of debt in this country is the “need” to be like everyone else; the newest car, the newest cellphone, the newest fashion…trying to keep up with everyone else is not only tiresome, but very expensive as well.
You need to start being happy with what you have and not be jealous of what they have.
You have a cellphone that works? Great, you are better off than most people in most other countries. You know what those newer ones do that yours still does? Make calls…
Does your car still start in the morning? Fantastic! Do you know how many people have to wait for the bus to get to work? (Not that I am advocating NOT taking public transportation; in fact, I take it everywhere and think more people should…but at the same time, I still have a car that starts in the morning.)
Are your jeans and t-shirts free of holes? Whoo – hoo! That means you can continue to wear them for a while more and not buy into the “fashion-o-the-moment” that will only be popular for about 3.6 minutes. I am a big fan of buying clothes that do not go out of style; following trends is too expensive and too tiresome. Stick with what works for you and you will be fine!
Do you have a roof over your head? Would you believe that there are millions who don’t? Sure, your house may be small and not up to date, but it’s yours…do you really need a house the size of Paris Hilton’s?
I guess my point is that for everything you DO have, there are people who DON’T have and we should all give that some thought before wanting the best, newest, most shiniest, whatever you want it to be…especially when you cannot afford it in the first place. Spending money that you don’t have, as the case so often is, just to be more like “them” will only lead to financial trouble. Be happy with what you have…you don’t need to be exactly like everyone else.