Follow MyPFJourney
Hello and Welcome!
My name is Jacob, a husband to a wine-blogger wife, father to two bouncy-boy toddlers, and I'm the owner/author of My Personal Finance Journey. By day, I am a scientist working in bio-pharmaceutical development. Personal finance has been my hobby since 2007 when I started teaching myself through books (that finance B.S. degree didn't teach me much!). Learning how to save, adopt a frugal mindset, and invest my own money soundly has allowed me to have a savings rate > 50%, increase my net worth by > 20 times, grow my career, and always do what I love. Check out the About Me page to learn more!

Do you ever stop to think about how much you really have? I sure hope so, because if youโre reading this post on your personal laptop or tablet right now, you have tons more than the average person in this world. On this day, I suggest that you stop, think, and be thankful.
Have you ever wanted something simply because someone else had it? I think we all have! Itโs in our nature. Letโs take kids for instance. There might be a group of kids playing, each with their own toy, and then one kid decides to pull a different toy out of the closet, one that everyone knew about and didnโt grab. But, now that this kid has it, the other kids want it. We have all seen this before havenโt we? For whatever reason when someone else has something we are wired to want it.
Unfortunately, many of us do not grow out of this habit of wanting. When our friends and neighbors buy new cars, we suddenly get the itch to buy a new car as well. We know that itโs not a wise purchase (due to our lack of cash and the quick depreciation on the vehicle), but we begin to justify it. We suddenly start noticing that our current car โbreaks down all the timeโ and โgets terrible gas mileageโ, when in actuality the car is a perfectly fine automobile and might last another ten years if you just take care of it. The reason for buying the car is simple – we want it so we talk ourselves into buying it.
As human beings, all we really need is a roof over our head, food in our bellies, and clothes on our back. If we shared a house with ten of our closest friends, what would all of that really cost us? Maybe $200 a month? But how much do we actually spend per month? For many of us, the monthly cost of keeping all of our stuff is well over $3,000 a month. Isnโt that just insane?!
And, with all of this spending, we are still left wanting more. Instead of a 2,000 square foot house, we think we need a 3,000 square foot house! Instead of a six-year-old domestic car, we would really like a brand new luxury car. And for what reason? Just because it looks cooler? Or maybe because we want others to envy us?
I donโt think I have ever quoted Oprah Winfrey before, but this saying is absolutely spot on:
โBe thankful for what you have; youโll end up having more. If you concentrate on what you donโt have, youโll never, ever have enough.โ โ Oprah Winfrey
Thankfulness and happiness really go hand in hand. If you are thankful for what you have and are happy with what you own, then you will likely be blessed with even more. But, if you constantly want what other people have, then you will just be wanting for your whole life, because there is no way that you can afford to buy everything. It is best to be thankful.
While we are out wanting all day, many of us forget to consider the needs of others. Do you ever stop to think about how good you actually have it? There are millions of people out there that do not have access to clean water, and you can access it from your home by taking about 5 steps to your left and turning the faucet.
There are millions without the luxury of owning a car, but still walk 10 miles or more each day purely for their survival. You have a car that can drive you hundreds of miles, but you just want a shinier model.
The next time you want something, consider the life of the needy. How would they view your desires? Again, be thankful for what you have and you will only grow in your happiness in this life.
How about you all? What have you desired lately that is totally unnecessary? Will you be thankful instead?
Share your experiences by commenting below!
**Photo courtesy http://www.flickr.com/photos/hgaronfolo84/116858703
$779.13 โ Community and Charity 10% Monthly Blog Income Give Back #’s 32-45 โ May 2014-May 2015 Edition
A Complete Guide To Saving Money On Your Taxes By Cleaning Out Your Closets
$168.15 โ Community and Charity 10% Monthly Blog Income Give Back # 29 โ February 2014 Edition
True or False: Money is the Root of All Evil
Charity Finances in Uncertain Times
Session expired
Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.
Great comment, Olivia!
First off, I stopped caring what people thought of me quite a while ago. Many people at work think that I’m just cheap and don’t understand that financing would make my life a whole lot more enjoyable. Little do they know that I actually enjoy life MORE by having less (with much fewer payments).
If I give gifts to my friends’ children that they’re not grateful for, then screw them! I might be better off with different friends that aren’t so hoity toity.
Honestly, most of my co-workers are jealous and envious (some of them have broken down and told me). They would much rather not live their paycheck to paycheck lifestyle, but when they brought on all that debt, they thought that it was the only option.
Olivia, just keep living your life simply and do the things that make you happy. If you hate debt and want to live simply, then do that. If your friends make you feel inferior because of it, then yes, you need new friends. I’ll be your friend – I think you’re awesome already! ๐
Derek@LifeAndMyFinances recently posted…4 Tips to Finding a Rental in Today’s Market
There is very little we actually NEED, you are right, but many things are expected. It’s odd to deal with contemporaries and explain, ” I don’t have a cell phone”, when they ask for your cell number. Then get friendly advice about the “options out there” you should be aware of. Or when they mention a show you HAVE to watch, and explain you don’t have cable. Or when confronted with yet another car repair on your older car, a friend says, “Why don’t you just get a new car for a change and avoid all that?” And after some self doubt, you do the calculations, and find it’s still cheaper to own the old paid off car with repairs than a new one even if it’s paid off.
Once our kids became a certain age the line between “want’ and “need” became very flexible. All based on expectations from outside.
Many of my husband’s colleagues are well off. We’ve given modest (within our means) thought through gifts to their kids when they married. And they weren’t appreciated.
How do you maintain your balance point in a society screaming, “I want more, you should want more too”? Get new friends? Live an a tiny house in the woods somewhere? Any suggestions?