I think part of the struggle is that young people are not prepared to take a step (or several steps) down from what they had with their parents, or what their parents had at their age. I just don't think parents talk to their kids about how much saving, struggle, sacrifice, luck, and planning went into that 3-bedroom 2-bath house. Instead, all we see are media examples or people just getting everything easily.
It is human nature to want more. I think to be satisfied with less we have to remind ourselves often of a few things:
1. Look at how much we really do have compared to what is really the minimum needed to survive. We are rich already. We aren't living in mud huts with dust floors, with only one set of clothes and no other property, no medical care, walking 10 miles daily for water that isn't clean, and eating only rice day in and day out.
2. Look at what really makes us happy. It usually isn't stuff. Prove it to yourself by hiding your favorite objects from yourself for a month. You'll soon realize you get by just fine without most of them (the computer would be the hardest for me, but I know I would adapt).
3. We always think we want more home, more space, more land. But when you get it, you aren't really happier. Having it brings on more work - more maintenance, more debt, more cleaning, more taxes, etc. Adding more space just to hold more unnecessary stuff does not improve quality of life. Same thing with that new car - you'll get a buzz from it for awhile, sure. But is it really a $30,000 buzz? Doesn't it get you from A to B pretty much the same way as your older car? Psychology studies of people who won the lottery show they aren't happier, they don't have fewer problems than the rest of us. In fact, that sudden wealth often brings a lot of stress. Instead, psychology studies show that however happy you are, you're likely to be that happy regardless of your circumstances taking a drastic turn for the better or worse, aside from short-term fluctuations.
otowi
of CO
@
Apr 13, 2009 10:28:48 AM
Also, some people CAN'T work at home
Zogby may think we'd rather work at home, but in some professions, that's just not possible. I'm going to be a mental health counselor at some point in time....I'm sure clients would be thrilled to video-conference with their mental health counselor who could be sitting in sweats in their bed, not to mention all the HIPAA problems that could cause.
Some people choose to work in their office because they are more productive in their office, away from the distractions of spouses, children, and pets.....
Veronica
of NY
@
Aug 25, 2008 15:01:38 PM
Content, but worried
I'm very content with what I have/own -- I don't want more. But I worry that what I DO own (mainly, my house) will be lost due to economic difficulties...so all in all, not very zen-like. :-(
Single Mom
of
@
Aug 25, 2008 14:38:53 PM
I'm with you
I'll deal with what I have, but I too want what I can't have. I share a room in an overpriced apartment where the rent is probably more than my mom's mortgage and I'm swamped with educational debt.
Sure I'm only 24, but growing up I always had a house with a front yard, a back yard and a driveway. Granted that was because my dad was in the Army until I was 9, so the houses we lived in weren't "ours" until he left the service and my parents bought a small 3 bedroom house on a quarter acre of land in a rural suburb in MA.
I don't want a mansion, but a small 3-bedroom house with a yard and a driveway would be nice to have by the time I settle down and start my own family.
Kimberly Palmer, senior editor for U.S. News & World Report, writes about how to save money, avoid scams, manage debt, and be a savvy shopper. Send your personal finance questions to her for expert money advice.
otowi of CO @ Apr 13, 2009 10:28:48 AM
Veronica of NY @ Aug 25, 2008 15:01:38 PM
Single Mom of @ Aug 25, 2008 14:38:53 PM
Veronica of NY @ Aug 25, 2008 14:23:49 PM
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