Lessons Learned in Loosing Money

Upon the closing of our last two investment properties yesterday and loosing our entire investment, I have these thoughts….

It’s more fun to make money than to loose money…..

There are more life lessons to be gained in loosing money than making money…..

The things that are truly valuable don’t cost money……

Money brings worries.  Without any money there is less to worry about……

Don’t count your chickens before they hatch and don’t spend money that you don’t have…

Make smart investments and find a good money manager. 

 Be careful about going into business with family and friends……

When making risky investments, be willing to loose it all and make sure your pockets are deep…. For instance… don’t mortgage your home….

Remember it’s not the end of the world….

 Count all your blessings…..

After loosing money, eat warm chocolate chip cookies…..

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5 Comments on “Lessons Learned in Loosing Money

  1. This reminds me that we grow most through adversity, not when all is well.

    Wise woman, you are…but I guess I already knew that. 🙂

  2. this is perfect because its not about losing your money but loosing it, which is pretty much what you did 🙂

  3. It’s not my money…never was!!
    I make it my job to be the best steward that I can be.
    So yes…maybe good advice or prespective.
    But if God led you in the direction to invest or move–as mentioned above; then isn’t it all in his hands, and the results, are they his or not?
    So I say…pray…do what God shows you and that is really all that matters. It is probably easier to make money and more of an education to loose money; but it’s not yours anyway. 🙂

  4. Indeed.

    The corollary to these conclusions is the mantra I adopted after the death of my Dad, who left us way too young:

    It’s only money; it’s not cancer.

    When we had to sell our home at a loss because the economy tanked in the east coast state where we lived in order to move to my husband’s new job here, it was very disappointing. Particularly since we were faced with much higher housing prices in the Pacific Northwest.

    But one can recover from financial difficulties. So I just said my little mantra and that put everything into perspective.

    We both have so many blessings to count, don’t we? 🙂

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