We all know at least one person in our lives who strives to keep up with the Joneses. They look to others for inspiration on how to dress, what car to buy, how many children to have, what career to go into, and even which hobbies to cultivate. And that person might very well be ourselves. While turning to others for ideas isn't a bad thing, shadowing everything they do because you crave validation and want to feel as though you're part of the in-group is taking it a step too far. Essentially, you're obliterating all that makes you stand out! Who cares if your neighbor drives a Bentley? If you're satisfied with your Nissan Maxima, that's what matters. Maybe you're the only person at work who doesn't have a dog. So what? There's nothing wrong with being a cat lover. Or perhaps you're the only one among your peer group who isn't in a high-powered career. As long as you're happy in your profession, why should you bother switching fiel...

A few days ago, I came across a picture on Facebook that had the following caption: "We buy stuff we don't need -- with money we don't have -- to impress people we don't like." Perhaps you can name a few people in your life -- whether at work or at the gym -- who do precisely that. Maybe that person has been you from time to time. The sad reality is that people often become so hung up on the things they perceive as missing in their lives that they lose sight of everything they already have. In many cases, this results from direct comparisons to people in their circle, thus igniting the urge to "Keep up with the Joneses." As I've said before, there's nothing wrong with indulging yourself every so often. Eat at that fancy restaurant you've been wanting to try. Buy yourself that expensive pair of shoes you say online. You work hard for your money; if you have the means, why not? I take issue, however, with people who have to have the...

Many of us complain of being strapped for cash, forcing us to put off vacations and even milestone events like graduation, marriage and having kids. But we don't realize that our poor spending habits are likely to blame. Whether you're living on credit or spending significant sums on stuff you may not even use, such practices add up over time, resulting in in a mountain of debt, depleted savings, and other unfavorable consequences that can wreak havoc on your life. Look in your closet or drawers. Do you have various items that still have price tags on them? That probably means that you bought them to jump on a sale, not because you really wanted them in the first place. I caution people against buying things simply because they'll get something free or a second item half off, for example. It induces us to buy things we otherwise wouldn't buy if they weren't on sale. So, what happens? These things are left collecting dust at home while your bank account...

Many people fail to understand that, as Confucius once stated, "Life is really simple, but we insist on making it complicated." Okay, maybe life isn't as simple as Confucius makes it out to be. Regardless, his sage advice still holds to a certain extent in our consumer-driven, bigger-is-better, dog-eat-dog world. As I've stressed in prior posts, some people are just too hung up on material stuff. They're profligate spenders of the worst kind, running up their credit cards until they begin receiving calls from credit collectors. These individuals really have no idea how much pleasure they can derive from simpler pursuits like taking a jaunt around the park, swimming at the beach, or simply hanging out with their closest comrades. Society wants us to believe that in order to earn people's respect -- not to mention your own -- you must have an expensive car, large house, and all the other bells and whistles that constitute the so-called American Dream....