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Episode 3669:
J.D. Roth explains why failure is a normal part of managing money, drawing on his own $35,000 of consumer debt, several failed payoff attempts, and years of stock picks that tanked before he embraced index fund investing. He works through the seven abilities John Maxwell says let successful people fail forward, from rejecting rejection to varying their approach. The takeaway is that you are not your mistakes, and it is never too late to change direction.
Read along with the original article(s) here: https://www.getrichslowly.org/failure-is-okay/
Quotes to ponder:
"But you are not your mistakes. Own them, learn from them, and move on."
"The wonder of the future is that it can be built upon the ashes of the past."
"Fall down seven times, get up eight."
Optimal Finance Daily is a daily personal finance podcast where we narrate the best articles on financial independence, investing, saving money, and money management, read to you by a professional narrator so you can grow your wealth a little more every day.
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