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Financial resilience

freelancermaria

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It is inevitable to encounter financial challenges during the pursuit of one's financial goals. However, to achieve financial resilience, one must develop the ability to rebound from these challenges. Rather than interpreting them as failures, one should see them as opportunities for growth and improvement.

Financial resilience is the ability to overcome financial hardships and become stronger as a result. It entails developing healthy financial behaviors, such as saving and investing, to help people withstand financial problems.
 
One way to achieve financial resilience is to simply change our mindset. Like you said, how we see failure and negative experiences plays a major role. Our failures can be seen as an opportunity to learn and gain more knowledge that would enable us do better next time.
 
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