Stability & The Prospect Of Failure: The Opportunity Cost
Sometimes the stipends we might earn in the present means that the opportunity we we can get a hold of, becomes a priority. We might even exchange the prospective growth and experience we might accrue in other to secure tiny bread crumbs in profits, all in the name of seeking stability. It's all about fear. Sometimes we fear ground zero so much and why not?
No one deserves to be there, but sometimes our actions become too questionable, it hardly justifies the fear we mostly feel. The truth is that people who are always seeking to secure only today and tomorrow are always pessimistic. But they'll not see it this way. Nevertheless, pessimism is not entirely a bad thing. In some situations, it buys us the safety we need or desires, to keep surviving.
A Losing Game Of Trade
However one thing is that these people lose out on their present position if they bank on the future and they also know that they'll lose out on the future, by safeguarding only today, but they still chose the former anyway. Making it seem like being poor is a bad thing. *I think poverty isn't bad, and this because of how people have been changed and redefined by its impact.
However, I've managed to explain how it limits people rather than challenge or task them to do better, so mental limitations tend to keep people psychologically bound, it takes a lot of time for this mentality to wane or die unless one becomes intentional about it.
Sacrificing Potential For Stability
Now, this isn't 100% bad and this is because a huge percentage of some people's financial personalities are a fragment of their past failures. So if people carry their failures on their minds in every opportunity they chase, they might attain stability, but never realize their financial potential. Some people are okay with stability.
Hell, I need some stability in my life, my health has been hit, romantic life has been uncertain, due to circumstances I couldn't and still cannot control, but then, I might ignore any prospects of futuristic wealth, just to guarantee stability in my life. I don't mind not personally realizing my true potential if I can just be stable, but then this doesn't mean the opportunity cost isn't as crucial as well.
Risk & Its Inevitability
Everyone indeed wants to attain a position of stability, but total or definite stability without undertaking potentially rewarding risks is another example of mental limitation. Another instance is that some people see crypto as risk, so what they do is sell all their assets at the slightest sign of green and abundance, putting it into ventures they deem riskless.
forgetting that inflation, insecurity, and mismanagement happens in real-time too. Let's be factual, it's people who seek stability that often gambles a lot. but they justify this by saying they're seeking more stability, at the end of the day, they're still living in the waters of risk, blinded by the illusion of safety. But then, I wouldn't blame anyone for this.
The Life We Might Choose
This is the knowledge we possess is how we're going make decisions. No one should be mocked for what they choose in life instead, it's important to allow the lessons gotten from some experience to be an adequate teacher.
On the flip side, people can actually break out of mental limitations, it's quite difficult to do so for physical limitations. For example, I've been limited a lot in my life, and sometimes, no matter how psychologically pumped up I am, my mind cannot undue physical aberrations, this has affected my money and financial aspirations.
Most times, I'm grateful for how technology and the internet have created flexibility and opportunities beyond the physical
We're Walking Proof Of growth & development
This means that the idea of total stability is not life-changing. If we were meant to be stable, then life wouldn't present variety, risk is not dangerous, and sometimes our fear of capitulation is what makes us think so. At the end of the day, there's no perfection for anyone, and this is why we end up doing what we deem right for us.
Interested in some more of my works?
Reviewing A $400 Samsung Galaxy A72 (photos Included)
Hive's Scalability & The Compromise Of Commitments
Money: The Consequences Of Making The Right & Wrong Decisions
The Nigerian Economy: Monopolizing Incompetence
The Experiential Process of Understanding Money
A Case Of Theft On Hive: Here's Why Some People Choose Scam.
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While this post is overrewarded imo I want to make it clear that I'm against overdownvoting/adjusting of the other posts and will keep an eye on it in the future to counter if it keeps occurring.
I accept, and understand you fully, thank you as well.
Yeah, sometimes we get so caught up in seeking stability that we forget about the potential growth and experiences that we could have. We end up settling for small profits in the present, all because we're afraid of starting from scratch. It's understandable, but it can limit our potential.
While it's not necessarily a bad thing to seek stability, we should also be open to taking risks that could lead to greater opportunities. We shouldn't be too pessimistic or afraid of failure, because sometimes taking risks is necessary for growth. Ultimately, it's up to each of us to decide what's right for our own lives.
Well, there are obstacles to attaining greater heights. In my hive journey for example, I just want to achieve stability to put off some target off my back. People are the obstacles we have sometimes.
These days I have been trying to make upgrades to my medical practice. I had been backwards because of my financial state but with a little bit more money, I can risk more...its technically not even a risk...just a slow paying decision in the long run.
Everyone wants to make upgrades, the system would eventually burn you, you'll need upgrades to stay afloat.
Screwed if you do, screwed if you don't.
I agree with you on this, I think attaining stability entails that we should open our mind to some calculated risk and undertake it. Getting rid of mental limitations will create room for more stability. Even though no one can get it all right, but the best is to break out from fear and take up the rewarding risk
We cannot get it 100% right, we can only try, however most of the risks we fear are somehow inevitable, it's limiting when we logically consider them. However, I don't judge people, some people have a reason for choosing to be in that position
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Risk and reward tends to go together when it comes to investment. It's not a surprise that people are afraid of the unknown but sometimes it's just unavoidable. Things are changing all the time and things never stay the same forever. People just prefer to stick to what they do know and are used to though. Learning from that and moving onward is the best way to move on forward.
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The unknown is avoidable, but sometimes we become too obsessed with stability that we forget life itself is not mean to attain a finite height of stability, we just try our best. But, we live to seek it (stability) no matter how imminent risks seems
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I have always value more stability than anything else, that probably has to do with my personality, for me stability means peace, live calm without stress on a day by day and it comes in many ways as you mention financially, personal live, loves ones there is a point in life that you just want to live calm despite what you have or not, I think I'm on that stage in life and I'm only chasing progress that benefit my children, thx for sharing ✌️
Stability absolutely means peace, you're absolutely right about this. I also value stability like you've said as well. I guess everyone with a certain responsibility at a point in time would value their stability.
Taking risks and embracing the possibility of failure can often lead to greater rewards and opportunities for growth, even if it means sacrificing a certain degree of stability in the short term.
Yeah, a certain degree of stability in the short-term can work a lot of magic, however, many people know this and are still not willing.
If you are willing to grow, you must be willing to take risks.
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Exactly big man, something must go for something
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True..That is why they say that experience is the best teacher in life .
The more we live , the more we learn
Well, I think people can be too critical and judgemental of others even when it comes to teaching them. So learning without the burden of criticism can be freeing.
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Romantic life 💓 is sometimes a thing of the mind and when the mind is over crowded with other things, the space for love and romance becomes slim but who help us if not ourselves taking the decision to be where we want to be.
A side hustle is always a good way to begin "unlocking potential", while simultaneously maintaining a level of stability. This is very much an ancient path that many have followed, eventually branching out once potential is realized.