What you should not focus on while working towards your financial goals

Money is a subject which is generates intense emotions of envy and greed which leads to comparisons. It leads to comparing the lifestyles, purchases of our friends, family and colleagues. While it is good to learn from others by observing them, however it may not be such a good idea when it comes to our financial life. For a successful financial life it is best to set goals for ourselves and measure success against achievements against those goals, rather than focusing on what our friends, family or colleagues may be doing. Paying attention to what others are doing will leads us on a downward slippery slope of failures against our financial goals.


It does not matter if your friend bought a new cell phone, or some in your family bought a house or if your college went to a exotic vacation abroad. It is bets to set financial goals for yourself and measure achievements against those goals.

Focusing on others will be injurious to your financial health

The message is simple, we need to focus on what our end goals are. We should observe others to see what they do and not what what they have. We can learn from what they do to incorporate the good things in our financial lives. We could also observe and learn the blunders of others which need to be avoided in our personal finances.