Unless you have managed to avoid ANY news recently, you are probably aware that the 2016 Rio Olympic Games are taking place right now. Opening Ceremonies were held on Friday night and the competitions are already well underway.
The Olympics Games put athletes in direct competition with each other. I find it to be exciting – and inspiring – to watch. There are so many amazing stories, and you don’t have to look far to see parallels to many important life lessons: hard work, self-discipline, teamwork, perseverance, mental toughness, self-esteem.
I wonder how some of the Olympic swimmers feel when an event is decided by seconds, or even a fraction of a second. Check out these results from the Men’s 100m Breakstroke:
|2||3||Cameron Van Der Burgh||58.69||1.56|
That’s a spread of less than 3 seconds!
I loved this race – first, because Adam Peaty is insanely fast, and second, because Cody Miller was so pumped to win the bronze medal. He didn’t beat himself up for “only” winning third. He celebrated his success! Seriously, please watch the first ten seconds of this video. Is that happiness, or what?!
Unlike the Olympics, however, when it comes to money, we are not in direct competition with each other. You control your savings and spending, and if you’re working toward your goals, it doesn’t matter what everyone else is doing anyway.
Still, it can be easy to start comparing ourselves to others. We see someone else’s house, car, vacation, wardrobe, whatever, and compare it to our current situation. BUT, there are a lot of details we can’t see. Sure, they may have nice things, but do they have an emergency fund? Are they in major credit card debt? Have they started saving for retirement? Maybe they have, maybe they haven’t.
Again, it doesn’t matter. It’s about your financial plan.
Perhaps, a better question to ask yourself is if you even want that house or car. If so, maybe you need to adjust your plan to account for those goals. If not, keep working toward the goals you do want to achieve. And either way, if you’re doing what you can to work toward your goals, you should acknowledge and celebrate those efforts.
Until next time, enjoy watching the Olympics and don’t forget to Let Luc!