
A friend buys a house. Another posts photos of their new car on social media. A former classmate announces they've been promoted. Someone else shares pictures from a holiday abroad.
You congratulate them. You're genuinely happy for their success.
But as the excitement fades, another feeling quietly creeps in.
"What am I doing with my life?"
"Why am I not that far yet?"
"Am I falling behind?"
If you've ever had these thoughts, you're not alone. And contrary to what many people believe, they don't necessarily mean you're jealous.
Psychologists say this is often the result of Relative Deprivation, a tendency to judge our own progress by comparing it with the people around us rather than by looking at how far we've come ourselves.
Most people like to think they evaluate their finances objectively. In reality, our brains are wired to compare.
This means your financial satisfaction can change even when your income, savings and investments remain the same.
If a close friend suddenly buys land or gets a significant promotion, your own achievements may suddenly feel smaller, not because they have changed, but because your point of comparison has.
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Interestingly, we're less likely to compare ourselves with billionaires or celebrities.
Instead, we compare ourselves with people we believe are on a similar journey, like friends, siblings, colleagues and former classmates.
That's because our brains see them as our reference group.
If you graduated together, started working around the same time or grew up in similar circumstances, it's easy to assume your financial journeys should look similar.
So when one person moves ahead, it naturally raises uncomfortable questions about your own progress.
Today's comparisons happen more frequently than ever. Every day, we're exposed to announcements about promotions, business launches, new homes, weddings and holidays.
What we rarely see are the sacrifices behind those milestones.
We don't see the years someone spent saving for a deposit. We don't see the loans, failed businesses, second jobs or financial setbacks that came before the success.
Instead, we're comparing our everyday reality with someone else's highlight reel.
That comparison is rarely fair.
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Relative Deprivation doesn't just affect how you feel. It can also influence how you spend.
Someone who feels left behind may rush into buying a car they can't comfortably afford, take out a loan to maintain appearances or make investment decisions simply because everyone else seems to be doing the same.
Rather than making financial choices based on personal goals, they begin making decisions based on someone else's timeline.
Ironically, trying to keep up often creates more financial pressure than peace of mind.
The healthiest way to deal with Relative Deprivation is to change your benchmark.
Instead of comparing yourself with friends, compare yourself with your past self.
Ask yourself: Are you earning more than you were two years ago? Have you reduced your debt? Have you built your savings? Or are you making better financial decisions than before?
These are the comparisons that truly reflect progress.
It also helps to remember that financial success is rarely a straight line. People reach milestones at different ages, through different opportunities and under different circumstances.
Seeing your friends succeed can sometimes make you question your own progress, even when you're doing well financially.
That's because Relative Deprivation tricks your brain into measuring success against the people around you instead of your own journey.
Celebrating other people's achievements doesn't diminish your own. And your financial progress doesn't become less meaningful simply because someone else reached a milestone first.
The most valuable comparison you'll ever make isn't with your friends. It's with the person you were yesterday.
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