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Originally posted by MikeboydUS
Success in finance requires us to be informed. It requires confidence in ourselves. We have to know our limitations and adapt around them. We have to plan for the long term. Most importantly we have to know when and where to take risks.
I have seen others splurge on possessions, dining out and travel, while they wonder why they have no money. I have seen people try to support a stay at home wife and then have mutiple children, while they wonder why they have no money. When people do those things they must take responsibility, but it hurts. Its very painful when we have to face the fact that we made choices and took actions that cost us, but if we face it, we can learn from it and adapt.