Vincent Chan shares recommendations that use people to look richer than friends: ‘You are not behind’

It is easy to feel behind when people show the highlights of social media. Financial guru Vincent chan Recently split this trend and People look richer than in fact.

It is important to know that people look rich, because the breaking of facades can continue with the “Joneses” period. Instead of comparing the wealth based on how your friends look, Chan advises to pay attention to your finances. Even offers an optimistic thinking to remember.

“You’re not behind,” he said.

According to Chan, the ways people look richer than their friends.

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Most people use credit card debts, they look richer than them. The high credit card debt allows people to buy luxury items, and they may seem wealthy if they show these items. But this is not a true wealth.

Chan explains that the average American average American is $ 7,000 for free credit card debt. Looking beautiful does not necessarily become a good financial situation. Chan reminds me that millionaires have the most cheap car and wearing normal clothing.

Being a millionaire consists of saving money and make good financial decisions for a long time. These people avoid these shopping because of luxury items, because of their financial habits.

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Many people compare themselves with others. They look like a criterion for other people’s success, but many of these comparisons go down to material goods. It was used why “keep up with Joneses” was used for more than 100 years of expression.

If someone in a friend group has a luxurious bag, other people will follow the suit in the group of friends. Chan, developing this cycle by developing a clear vision for your life, can avoid this period by knowing what you want.

Having meaningful life goals allow you to compete against yourself instead of using benchmarks to compare others and measure your success.

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Visible expenses are another sign of people who look rich, but it’s not really rich. If they drove in a luxurious car and have the latest iPhone model you may feel like in front of someone. However, Real Wealth comes down to invisible details such as your bank account, stock portfolio, financial security and peace.