The Spacious 500-Square-Foot Apartment

By David Geller   |   September 8, 2014

My wife and I just spent three weeks in a 500-square-foot apartment in Paris. I am grateful for our time together and the wonder we shared over one of the world’s most amazing cities.

At first, the apartment seemed quite small, maybe too small.  But then we visited one of my wife’s friend in Lyon who lives with her husband and two young children in a three bedroom, one bath,1300-square-foot apartment.

Magically, our 500-square-foot Paris apartment went from feeling cramped to feeling spacious.

Is the apartment small or spacious?  It depends on your perspective, just like our definition of rich or poor.

We feel poorer when we compare ourselves to our richest friends. We feel richer when we compare ourselves to friends who have less than we do.

Our natural inclination is to compare ourselves to those with more. We often feel like we are falling behind and we become fearful.  We may hoard our money, spend less, and give less.

But when we compare ourselves to those with less, we often feel more confident.  We feel empowered to use our money to enhance the quality of our lives and the lives of others as well.

You can help move yourself from fear to confidence. For the next week, challenge yourself to compare your wealth to the vast majority of humanity who have less, not the few who have more.  Does the simple act of shifting your perspective change how you feel or act?  Feel free to share your experience in the comments or email me directly.

David Geller

About the Author

CEO David Geller co-founded the firm in 1991 and led the creation of Behavioral Wealth Management. Recognized on numerous prestigious "top financial advisor" lists, David is an in-demand speaker for professional groups and JOYN workshops. His writings have appeared in The New York Times, The Wall Street Journal and The Huffington Post.

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