What are the common mistakes people make that ruin their lives?
Craig Weiler, Master OpinionatorWritten Oct 16
I’m in my mid 50’s, so my examples are people who have reached my age and have little to nothing to show for it. Those people are pretty predictable.
Not Careful With Money
I’m not rich, but I am careful with money. For this I have my own home and I am self employed and most of my debt is the house. The house has been steadily appreciating in value and will provide us with a tidy sum someday when we sell and move to someplace cheaper.
I know a woman who owned her own home and had enough money, but wasn’t frugal and couldn’t keep it together. She is in her 70’s and lives with her sister solely due to her own bad financial abilities. She is always poor now. Her quality of life sucks at this point. If you get to your fifties and you’re not established financially in some way, it’s almost too late. For us ordinary people it takes many years.
It’s hard to imagine in your 20’s, but monetary stability over the long haul is important to your financial future.
Not Careful with your body
Nothing will ruin your life faster than a bad accident, whether you’re riding a bike, a bicycle or driving a car or participating in a sport or doing a dangerous job.
But this also includes eating badly, no exercise, smoking etc.
If your body gets damaged enough, you lose the ability to work and you’re now a poor person for the rest of your life. Of all the mistakes that people make, this is the one I see the most of: older people with disabilities, poor living conditions and no future.
Going it alone, never partnering up
Two people can live better than one. There is a great deal more financial security and physical safety when two people are looking out for one another. It doesn’t have to be the perfect relationship because an ordinary one is far better than none at all.
Edit:
Not embarking on continual self improvement
Self improvement is dreadfully slow and the real benefits might not show up for years. You have to begin young and keep at it all your life. Not doing this means that once you hit your 50’s, you’re still making the same mistakes that you did when you were 20. This is rare; most people do continually improve themselves, but those times I’ve seen someone not do this the results were disastrous.
Once they got to their 50’s it all caught up to them. A dead end job, no solid intimate relationship(s) and poor health. The trifecta of misery.