Avoid comparing yourself to others financially from "summary" of The Total Money Makeover: Classic Edition by Dave Ramsey
It's a trap. It's one of the most common traps out there, and yet so many people fall into it. Comparing yourself to others financially is a surefire way to sabotage your own financial journey. Why? Because there will always be someone who has more than you. Always. And when you start comparing yourself to those people, you lose sight of what's really important: your own financial goals and aspirations.
When you compare yourself to others financially, you're setting yourself up for disappointment. You're setting unrealistic expectations for yourself based on someone else's financial situation. And let's be real - you have no idea what's going on behind closed doors. That person who drives a fancy car and lives in a big house might be drowning in debt. Or they might have inherited their wealth. You just don't know.
But...
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