Many of us  develop inferiority complex for not having enough money and to overcome this, we develop superiority complex by getting into comparison mode to satisfy their ego. Comparison gives rise to jealously, envy, frustration, shame and anger. It may lead to crime. Singular pursuits of money and wealth have affected relations in many families. We, the financial planners collects data on income, expenses, assets and liabilities which are in the conscious state of the client but rarely  factor the emotions of the client which are in their subconscious mind. In fact we have  found in the “Well being camps”organised for senior citizens that the main cause of their unhappiness in life are the subconscious emotions about their comparative status. Many are already  rich, but they want to be richer than the others.The real financial freedom can be achieved by recognising these emotions and being free from these thoughts. The latest trend   to overcome tension is retail shopping therapy.Many feel they  can calm their disturbed nerves by going for a shopping spree or  purchasing relationships through gifts or going for lavish dinner/parties.These are temporary reliefs and do not address the  chaos created in the subconscious level. Benjamin Franklin has opined that money can create a vacuum in life. We need to respect wealth and put it  into right uses.Wealth not used properly creates mental upheavals.Our scripturers talk of four types of wealth i.e Financial, Physical,Social, and Emotional .Financial wealth alone can not give peace and happiness life.Further wealth is best enjoyed when shared with the society through charity. Bill gate,Tatas  and Aziz premji are  enjoying their created wealth by giving back to the society. The real satisfaction in life comes not from how much wealth one has. It comes from doing a job with passion or making lesser number of visits to the doctor or  less medicine purchased in comparison to last year or love and affection in a mutually supportive family. In fact standard of living and quality of life  is not proportionate. Surprisingly it is inversely proportional for many who mismanage wealth. One has to maintain a balance between the two to optimise on peace and happiness. Some senior Financial Planners are now offering counselling on Financial Life planning and help in not only achieving Financial Goals but also in achieving peace and happiness in life.