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Beyond The Dollar - Deep and Honest Conversations About How Money Affects Our Well-Being HomepageBeyond The Dollar - Deep and Honest Conversations About How Money Affects Our Well-Being

Deep and Honest Conversations About How Money Affects Our Well-Being

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By Beyond The Dollar

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Financial Follies of the Comparison Trap

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Do you find yourself feeling bad or jealous when you see other’s “success”? What happens when we start comparing ourselves to others?

In this episode, I (alongside former co-host Garrett Philbin) talk about how comparing ourselves to others takes a toll on both our financial and emotional well-being. We talk about how “keeping up with the Joneses” has evolved and been exacerbated by social media, how to catch ourselves when we fall into the comparison trap, and how getting clear on our priorities and values allows us to break that cycle.

We also go over some simple exercises and questions to ask yourself when you find yourself falling into the comparison trap. They also chat about how they’ve fallen into this themselves, and what they’ve done to get out of it.

What You Hear in This Episode:

  • The crucial difference between intrinsic and extrinsic motivation
  • How it’s easier to fall into the comparison trap today compared to even five years ago
  • What we can do to stop feeling negative when we find ourselves looking at other people’s lives
  • An extreme example of someone who pretended to go on a trip to Southeast Asia (and nobody knew she was faking!)
  • Why Sarah decided to delete her Instagram account

Resources:

  • Dutch Woman Fakes Trip to Southeast Asia, Surfaces Universal Truth
  • The Comparison Trap

 

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Filed Under: Podcast, Season 1

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