Why Your Neighbor Would Always Be Richer Than You Are
Whether you live in a rich neighborhood or in the country side, at some point in time you have probably
wondered why everyone appeared richer than you are. You check out your neighbour’s beautiful duplex and stare at his garage of exotic cars. The family that stays
nearby also appear to have lots of free time on their hands which they lavish on vacation trips and picnics. Is it the class of school his kids attend that you want to talk about?
how wealthy you consider yourself to be, there are others in your hood
who would be richer. While trying to find out why that neighbour seems richer, you should also find time to answer why you
think you are richer than your neighbour.
your eyes to some reasons you find it difficult to afford many things your
believe that we end up seeing. What you see on the outwards may not have any
correlation with happenings behind closed doors. Your skewed perception is what
makes you think he is richer. Forget about his well-trimmed lawns, the full garage and
those kids attending expensive schools. What you can see is his physical spending not
the current status of his finance. Just because you see him as a richer neighbour
doesn’t mean he is.
job or business? Often times, your standard of living is commensurate with what you
earn on a monthly basis. If your neighbour has got a more lucrative
business or job, chances are that he would appear richer than you. A better
paying job or business would make wealth accumulation faster thereby granting easier access
to a more comfortable lifestyle.
to success in life. In fact it is should be considered a meal ticket. I have often come across this popular saying that, ‘Certificate does not make a man, a certified mind does’ Irrespective of these
findings, highly skilled educated persons get more pay at work because they are
committed to a greater level of responsibility. Ideally, as
an office assistant you should not
expect to be richer than your neighbour who holds an MBA or PhD in the same company where you work, all things being equal.
the best way to judge how wealthy an individual may be. Many
employed entrepreneurs make more money from side businesses than what they
realize from their main job monthly. Having established new streams of
income and diversified his investment plans, your neighbour has secured better access to a higher standard of living which would eventually make him look
richer than you are in every regard.
Smaller Family Size?
to save and invest if his family is better planned. While you are struggling with innumerable
requests from immediate and extended family members, he is probably looking at expanding a
business you don’t even know exists. With a smaller family size, he is able to plan
better. This will ensure than more money is available to spend on luxuries and that
his children can attend better schools than your kids. You should never compare
the size of his budget with yours, bearing in mind that you have more dependents resulting in more mouths to feed and more
clothing and shelter to provide.
while in school or from his workplace, if your neighbour is better at budgeting
and resource allocation he would most times appear richer than you are. With
an effective budget, he finds it easy to save for business and a comfortable lifestyle. Why? Because only the most important needs are attended to per time. Develop your own budgeting skills and diversify your streams of income if you
want to be as wealthy as you think your neighbour is.
wealthier if he satisfies his immediate wants first. Though you
earn the same amount of money, by channeling your funds
into long-term investments you may appear ‘poorer’ than him, who is spends money on short-term luxuries.
Why? You prioritize differently.LIST: 10 Most Profitable Small Businesses To Start This Month
your neigbour allocates his money that makes him look richer. Whether
your neighbour make more or less than you make, do not let his ‘rented’ lifestyle
influence your spending habits. You will discover than many a times, that wealth
is a pure illusion. Inner satisfaction, happiness and fulfillment are what matter
most in life.
this is situation before. What did you do? How did you cope with ‘keeping up with the Kardashians.’
Share your experience especially on how you were able to prevent inferiority complex from setting in?