Accountant explains: You might be richer than you think

👉 Sign up for your $1-per-month Shopify trial here: https://shopify.com/nischa My products: 📶 Intentional Spending Tracker (free): https://nischa.me/ist Timestamps 0:00 – Why most people feel financially behind 1:00 – Borrowed lifestyles & the debt data you need to see 1:51 – When is debt actually okay? 2:39 – The comparison trap 3:48 – Upward comparison & the psychology behind it 4:13 – How social media expanded the comparison pool 5:32 – The 3 financial markers that show you're on track 6:04 – Why AI is making us financially lazy 6:53 – Hedonic adaptation (the hedonic treadmill) 8:18 – The history of status symbols 11:21 – What's actually worth chasing today 11:53 – How to define YOUR version of a good life DISCLAIMERS & DISCLOSURES This content is for educational and entertainment purposes only. Nischa does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal. This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Thank you for your support! *T&C's apply