Have you ever found yourself chasing the next big thing, only to realize that it never brings lasting satisfaction? Me too, which leads me to question what is “enough”? Here's how I navigate that =)
Everyone can compare themselves to someone more “successful” than them (usually defined by societal notions of success)
No one wins in this competition if they continue with the comparisons. It can lead to feelings of anxiety, depression, and worthlessness.
The only way to win is by not comparing yourself, or as Mark Manson would say, comparing yourself for the right reasons - the constructive reasons.
Moreover, according to what Morgan Housel wrote in the book ‘The Psychology of Money’, enough is not the presence of a certain amount of material possessions.
Rather, enough is a state of mind in which an individual feels content and satisfied with their life in general.
This can vary greatly depending on a person's values, goals, and life circumstances.
Overall, the concept of "enough" is highly subjective and personal.
It requires introspection and self-awareness to determine what truly brings contentment and satisfaction in life.
I’m not saying you should be satisfied with the bare minimum. I’m saying that there should be a balance between your past, present, and future:
Don’t spend all your time chasing that next internship or promotion. Enjoy the journey as well - and maybe think of the outcome as a by-product of the journey.
Be grateful to your past self for whatever you have today. Don’t let ambition increase faster than satisfaction.
As Housel writes, “Good investing (in anything) isn't necessarily about earning the highest returns, because the highest returns tend to be one-off hits that can't be repeated. It's about earning pretty good returns that you can stick with and which can be repeated for the longest period of time.”
For me, enough is when I’m happy, healthy, independent, have a work-life balance, and surrounded by those I love, in a job that adequately challenges me.
By understanding and embracing our own "enough", we can cultivate a healthy relationship with money and live a more fulfilling life :D