Codie Sanchez sold her Porsche, Range Rover, and luxury items after realizing status-driven purchases made her miserable. She argues extrinsic goals damage mental health, and that flaunting expensive things signals insecurity, not success.
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Here's why. I sold my Porsche, my Range Rover, big houses and got rid of all my expensive shoes. I thought when I bought them that I was cool and I'd be happy following other people who have them. But the truth is, I wasn't. In fact, I got less happy every time I bought something showy. We started looking around for who else has more and resetting the bar just got higher. This is called intrinsic motivation versus extrinsic motivation. Intrinsic means you really want it. Extrinsic means other people tell you that you should want it. That makes us miserable. Status games equal bad mental health states. So I sold everything or gave it away. And I realized I didn't really need much. The life that you build isn't a representation of logos. The life that you build is the experience that you have every single day. All of these hype fools showing you fancy cars, that's your number one red flag. If they have to show you extrinsic things to make you think that they're cool and happy, intrinsically probably means their bank accounts a lot smaller than they say. They aren't actually as successful as they say they're not happy, that's for sure.
