3min chapter

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712: Brad Klontz | Harnessing the Power of Financial Psychology

The Jordan Harbinger Show

CHAPTER

The Secret to Happiness Is Relative Deprivation

relative deprivation tells us that your status is not based on an active evaluation of how much money you have in the bank, for example. The problem is there's always somebody that has more than you, right? So it's easy to go, well, i can get to that level. And then you're just constantly making that negative comparison. It's really hard to have an accurate perception of where you are, because there's almost no such thing as 'perfect'

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