Stop counting other people’s money

Your neighbor pulls up in a sweet new ride. Your co-worker announces she’s taking yet another trip abroad. Your best friend upgrades to a bigger house in a better area of town.

You’re pretty sure these people don’t make a lot more than you do.

So how are they able to spend that kind of money?

Maybe they’re up to their ears in debt, or they’re trust fund babies, or they’ll never be able to retire. Or maybe they’ve figured out the secret to money, which is: You can have anything you want. You just can’t have everything.

The new car, that house and that exotic trip are the shiny end results of a series of decisions hidden below the surface. In my latest for the Associated Press, why things aren’t always as they seem.

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  1. I will second this, I have learned from experience. In fact, I used to be even worse. I had a bad habit of looking up the wealth of famous business people when they were my age…and feeling absolutely terrible at how far behind I was at the same age. The second I stopped comparing myself to others was the second I started making forward progress.