How to Handle Money Envy
If your friends’ fancy vacations or shopping sprees are turning you into a little green-eyed monster, try these tips to change your financial mind-set.
Green With Envy
A version of this article originally appeared on Learnvest.com.
The first version of the iPhone came out in 2007, but I didn’t buy one until 2012.
For five long years I put up with endless jokes as friends gawked at my old-school flip phone.
It wasn’t that I didn’t want a smartphone—I felt left out when I couldn’t participate in conversations about the pros and cons of iPhone covers, and silly because my phone couldn’t take pictures or play songs. I wanted what they all had, but I just couldn’t afford it.
And I was envious.
We’ve all heard that money doesn’t buy happiness, but sometimes it’s hard to contain our green monster when we struggle to buy, achieve or do things that other people seem to afford effortlessly: Why do they have it when we don’t?
The trickiest part about overcoming this toxic emotion is that it’s entirely up to us. If we can’t afford to quiet our envy through spending, we have to do it by changing our thoughts.
That’s why we turned to Scott Krakower, DO, an assistant unit chief of psychiatry at Zucker Hillside Hospital in Glen Oaks, N.Y., and Ella Lasky, Ph.D., a psychologist in New York City, to help shed light on how we can beat money envy of all sorts.