Finance is learned through Failures!
I was checking out some of the twitter posts and I realized that there are people who learn from the mistakes of others. And then there are people who learn from the mistakes of their own. I tend to fall into the 2nd category of people who do mistakes and learn.
It's a bit difficult to say that finance is often passed down through the genes. Because it is not. Instead it is learned over a steps where we tend to fail a lot. Which kind of shows you that life is more difficult than we can even imagine in the first place.
So this post I wish to cover on this particular topic.
Photo by Kelly Sikkema on Unsplash
You gamble, YOU learn Savings!
Unless you gamble with the money, you would not learn the value of the savings. And the thing is that more we gamble and more we have issues with the finance, it is not easy to understand the value of savings. As most of the things that we have around teach us what it feels to have it.
We live gratitude and also we take things for granted. So when we make gamble of our luck and savings. We tend to make strong mistakes. When you make mistake there is going to be a strong lesson too. So it all depends on what you choose to mistake into.
Failure, Calculated Failure and Disaster
When you dont make mistake you create a disaster and you take less risk which is kind of a failure too. So it all depends on what we choose to get into when we want to solve some of the life issues. So failure has a definition. Which means you are not supposed to make mistake.
When you do mistake knowing there are specific problems at phase, you need to find out ways to minimize the issues. Which kind of shows you that disasters happen when we least expect them. You choose to solve problem as they come.
A lot of personal finance is like yoyo. And when you choose to embrace the failure, you also get the lessons learned with it. And that means you choose to avoid those next time. This is how logically finance should be learned.
Posted Using LeoFinance Alpha
Yes, given one has the right mindset... much can be learned from painful failures!