Why How? Looking Outside Your 1% Bubble

Posted by on Mar 4, 2014 in Bridging and Awareness, Poverty | Comments Off on Why How? Looking Outside Your 1% Bubble

Looking Outside Your 1% Bubble

Financial comfort is one step up from knowing that you possibly can make it through difficult times. Once you have attained financial comfort, what’s most likely to set out is the temptation to create your own comforts and conform to the system because it seems that the system is finally working for you.

By falling into the trap of financial comfort, you start buying more, wasting precious hard-earned money on affordable short-term entertainment and disposable commodities. Many end up squandering the products of their hard labor, thinking that what they are spending are “extras” anyway. After shelling out a few hundred on brand new clothes, if the math still looks good, there’s a vacation to consider, a brand new car and many other good things that money can buy.

Upholding financial comfort while avoiding to become a victim of consumerism is, without a doubt, difficult. Our culture has simply been set up in a way that enforces and further encourages mindless spending. Everyone is made to think that they have to be the prettiest at their high school reunions, that they have to always keep up with their new found friends, or that they have to give every single thing their children ask for. All of these are false and are actually only distracting people from the fact that the whole game is fixed and that nobody is supposed to really win.

As harsh as it may sound, you are not supposed to be rich. But if you do reach the stage, it is crucial that you do not give up. Don’t fall into the traps of comfort. Most importantly, don’t give in to the numbing repeat thoughts that you can stop now or that you have to get yourself a reward all the time. Else, you can stay caught until God-knows-when. And with your money continuously burning, you’ll eventually end up to where you first started, or worse, hungry and in debt just for the lifestyle you have grown accustomed to.

So What Should You Do?

Enjoy the things you have.

A lot of people are so caught up with getting the life they want that they fail to notice each passing day of their lives. Many of us eat in front of the television, commute without looking at each other and spend summers wishing for another week off to spend.

If you are one of the lucky ones who no longer have to worry about making ends meet, then learn to enjoy what you have. Help your relatives, your neighbors or friends. Make time for yourself and for everyone you love. Visit new places and go out for an adventure. Instead of spending your money trying to impress other people, why not invest in projects that can benefit your community? This way, you are building wealth in every sense of the word.

Keep in mind your financial plans.

Find balance between momentary gratification and long-term goals. Reevaluate your lifestyle if you need to. Take into consideration new experiences and learnings as you re-strategize or revision your financial plans.

Always resist consumerism.

With the media culture always promoting consumption, resisting consumerism can be pretty vexing. Our economic principle glorifies consumerism as showcasing rational self-interest. If you refuse to go by the latest fashion, style, car, movie or even color, people will think there’s something awfully wrong with you.

So, to help you in this endeavor, surround yourself with people who value smart spending and simplicity. After all, you are now choosing a path that will stack the decks in your favor in the near future. Find people who, like you, favor minimalism. As much as possible, prevent yourself from buying things you don’t need.