How do you continue living after very bad financial decisions?

Start saving with no mercy.

We all do mistakes and we all take bad financial decisions sooner or later in life.

Personally, after a big financial mistake, I normally enter into an extreme saving mode.

In this way I am able to:

  1. Regain focus on what really counts in my life;
  2. Appreciate how little I need to live a joyful life;
  3. Accumulate quickly a not irrelevant sum to make up for my mistake;
  4. Appreciate that my values are stronger than a financial loss: I do not let this loss destroy my mood for a long period of time.
  5. Understand from my mistakes so that I do not make them anymore in the future.

I know first hand that a bad financial mistake is painful, but I hope that with focus, patience and perseverance you will regain what you have lost and never lose confidence in yourself.

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