Over the weekend I learned that my submission won the “Editor’s Choice” category in NetWorthIQ’s April personal finance tip contest!
My tip was basically an iteration of the age-old wisdom “don’t try to keep up with the Jones’.”
I believe, however, it’s truly difficult to reach any financial goal if you’re worried about having things others have or, conversely, worried about what others will think as you accumulate wealth.
Visit NetWorthIQ to read my winning personal finance tip or their summary of personal finance tip winners.
If you are unfamiliar, NetWorthIQ provides a free online tool for tracking your net worth month to month. It’s easy to set up and allows you to compare your financial situation to others in your state, occupation, and age group.
And of course, thanks to NetWorthIQ for the prize – a $50 Amazon.com gift certificate!