“Too many people spend money they haven’t earned to buy things they don’t want to impress people they don’t like.” ~ Will Rogers
This quote has been used by many in various forms. The true source is unknown, but it has been attributed to Will Rogers. It’s a great quote because it applies to so many of us, no matter our age, sex, income, or financial situation.
I don’t know about you, but I’m just as guilty as anyone on this. Yes, it sounds childish to buy something that we don’t like or need just to impress a buddy, co-worker, or neighbor, and it is. But we have this human desire to want people to talk about us, think we are cool, and look at us as “successful.” This not only makes us shallow but can also lead to financial trouble down the road.
The opposite of trying to impress people is not to care what others think. I’m convinced that not caring what others think of how you handle your finances is one of the most powerful financial principals you can follow. Not only will it change your finances for the better, but it will also improve your perspective on life.
Have you ever fallen victim to buying things to impress people? If so, when did you do it and what was the purchase? What was the end result?