We all have millionaire plans, don't we?
Nothing weird about that. After all money plays a certain roll guaranteeing ones life standard (…and girls get attracted to it). Even though sociologists say money have diminishing effects on happiness with increased fortune, a larger fortune also increases independence. It really feels nice to do whatever I feel like doing without bothering about the cost.
I just had a meeting with an apartment broker to value my apartment which I am considering selling within a not so distant future. It ended with quite some disappointment since the value hasn’t increased as much as I expected. Combined with a persistent market stagnation affecting some other investments I can only conclude that my fortune is growing slower then planned.
Now, to the point. What does this realization mean. Lots of personality coaches and self help gurus suggest you should look into yourself rather then comparing yourself to others. This issue was also well described in an article in “The Economist” considering depressed millionaires. Despite having an impressive fortune seen with the eyes of common people, they didn’t consider themselves being rich since they didn’t compare themselves to the poor but to the other parents in they children’s private schools.
But I still disagree with the life coaches saying comparisons with others are bad fore you, since in my situation it is the look inside that created the discomfort of lower results. As a normal competitive person i intend to advance from my current level to a higher one disregarding other people (I have a large ego).
Perhaps a comparison to others wouldn’t be so bad after all. As most people I wouldn't describe myself as rich, but I have to admit that my life is free from economical problems. So what does that mean in a wider perspective. Well, the key is to choose the right group of reference for the comparison.
So I analyzed the statistical income distribution for the entire nation and as a matter of fact I found out that my current income hit spot on the 90 percentile, and taking my, in this context, low age into account it looks even better. In this new light it feels somewhat ridiculous to complain about private economy.
A new lesson learned after those considerations is to stop looking so much into myself and to start noticing ALL the others.
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