5 Reasons People Are Afraid To Take Risks

Most aspects of life hinge on our ability to take calculated risks. The growth and prosperity of entire countries, governments, and even civilizations depend on it.

 

Universities encourage students to devise innovative ways to solve problems and think outside the box. They’re taught that those who take risks are the ones who ultimately reap the highest of rewards.

 

However, our minds typically associate risks with the fear of failure and uncertainty. We grow weary of being judged and criticized, which affects our ego and deflates our self-esteem.

 

If this is the case, then why are people still taking risks?

 

For several reasons, but the most important is that taking risks is a positive learning experience. Think of it like this: if you take a risk and fail, you’ll learn something. And if you don’t fail, you’ll have achieved what you set out to do.

 

Yet, it becomes much more challenging to put these ideas into action because we tend to fear the unknown that comes with risk-taking.

 

If this sounds familiar, you’ve come to the right place. In this post, we rounded up five reasons why people fear taking risks that they should be taking to help them grow and prosper:

 

Fear

 

Fear is the top reason why we dislike taking risks. After all, no one wants to throw their comfort zone into disarray on purpose.

 

So, why are there people who still manage to do it with such panache? Are they more fearless and courageous than everyone else?

 

Unlikely. They do, however, have purpose.

 

In other words, those who take risks are just as afraid and anxious as everyone else. The difference is that they have the skill set that allows them to rise above their fears. They take a leap of faith and hope that everything will work out in the end.

 

Uncertainty

 

Why does the idea of change often evoke troubling images and difficult times?

Because we don’t like it when we’re not in control. And with change, we don’t know what’s coming or how we should respond.

 

For many, having to diminish their willpower and release their control is downright petrifying!

 

However, life as a whole is a series of risks that we take on a regular basis. They’re essential to living a happy, successful life and achieving your short- and long-term goals.

 

Judgment

 

Even though taking risks comes with many advantages, it also has a few downsides. One is that you could be exposed to rejection and harsh criticism.

 

So, rather than risk losing confidence in our decision-making ability. As a result, it can cause us to have a poor self-image and could even lose the respect of our peers.

 

The most effective way to counterbalance this is to start small. This will allow you to gradually build your confidence and learn new skills at your own pace. Also, taking small risks can help reduce your anxiety and fear of rejection.

 

Regret

 

Sometimes it feels that taking risks comes at a too-steep price. If we’re not equipped with the right tools to deal with these potential outcomes, we feel anxious and fearful. A common example of this is regret.

 

We know all too well how remorse, shame, and guilt feel like. That’s why we try to stay away from these intense feelings as much as we can. So, rather than make a decision that we later regret, we choose to do nothing instead.

 

Unfortunately, doing nothing reduces the chance of achieving great things and reaching high levels of success.

 

Failure

 

Unfortunately, our teaching and upbringing go against the idea that failure can be a ‘blessing in disguise.’ It makes us stronger, more resilient, and less fearful.

 

Growing up, we’re taught to believe that we need to make as few mistakes as possible. We’re told that this will help us get good grades, which will set us on the path to a successful and lucrative career.

 

However, this system is counterintuitive to living a fulfilling, well-balanced lifestyle. After all, a huge part of this fulfillment and balance is achieved after experiencing one or two failures. And since failure is always a possibility when it comes to taking risks, then we should learn to see it as a good thing rather than a deterrent.

 

How To Use Your Years Of Wisdom For A Better You

Becoming wise takes years of experience. Through our falls and triumphs, we slowly acquire this innate sense of what to do and when.

 

With wisdom, you learn how to learn from your mistakes, rather than be ashamed of them. You become better at knowing when to ask for help and understand that it doesn’t mean you’re weak or helpless.

 

In addition, you evolve into someone more interested in showing compassion and empathy rather than taking a self-centered approach. As a result, you begin to influence others simply by setting a good example.

 

One of the best things about wisdom is that it’s a skill that can be developed at any age. More importantly, is that we can put it to good use in our lives, for example, when we make decisions, build relationships, and nurture success.

 

So, how can you use your years of wisdom for a better you? That’s what we’re here today to find out!

 

Is Wisdom the Same as Knowledge?

 

No, they’re not the same. Wisdom encompasses a lot of things, including knowledge, experience, pattern recognition, empathy, engagement, and more.

 

Hence, without knowledge, you can’t gain wisdom.

 

Here’s why:

 

Knowledge is knowing certain pieces of information regarding specific topics. It acts as the foundation on which we can build our experiences from learning and failing.

 

Wisdom, on the other hand, is the ability to apply and put this information to good use. It can’t be claimed until we can learn and accept our mistakes and accomplishments.

 

Only then can you begin to improve your understanding of the world and make good decisions in almost every situation.

 

At its core, wisdom is realizing that life isn’t knowing all the right answers, but it’s knowing the right questions to ask.

 

How To Make The Most Of Your Wisdom

 

According to numerous studies, researchers discovered that a healthy gut microbiome is typically characterized by phylogenetic diversity and richness. Yet, what was even more fascinating is that they found that these healthy microbiomes were almost always associated with higher levels of wisdom and compassion.

 

Being able to empathize and see things from other people’s vantage points is one of the tenets of being wise. It also allows you to hone in on the needs, motivations, and fears of others.

 

Feel Less Isolated

 

Other studies found that wisdom is often correlated with fewer bouts of loneliness. This probably comes from the fact that wise people are often more tuned in with their emotional needs.

 

They’re also more willing to try new things and meet new people because they know it’s a great way to expand their horizons and open the door to a new learning experience.

 

Establish Personal Boundaries

 

Wisdom also brings with it just the right balance between your personal boundaries and those of others. So, you’re able to make contributions at home, work, and in your community without feeling the burnout that usually comes with taking on more than you can handle.

 

This ability to effectively navigate through life could be one of the factors that wisdom is linked to lower levels of anxiety, stress, and other mental health issues.

 

Foster Emotional Awareness

 

Knowing how to be aware of your feelings and emotions can help you take action when you start feeling things becoming too much to handle. Also, when you’re guided by wisdom, you tend to think before you act.

 

Embrace Change

 

Allowing wisdom to guide you allows you to have a more positive mindset. This makes accepting change and dealing with hard times more effortless.

 

Having an open-minded and hopeful approach to life is also a great way to see things more clearly, which leads to better decision-making.

 

Conclusion

 

Learning how to use your years of wisdom is critical for living a life of fulfillment and success. We listed several practical ways to put your wisdom to good use. Now, it’s up to you to apply them to everyday life.

 

Each one may not be easy to do at first. However, the time and effort you put in to reap the benefits of applying your wisdom will certainly be worth it in the long run.

 

6 Tips For Transitioning Into Retirement

It’s no secret that experiencing change can be a challenge. You’ll find this is true even when the transition you’re going through entails something long desired. The reason is, by and large, people are creatures of habit. So, when life’s rhythms get altered the upheaval can be immense.

 

The decision to bring your career to a close is one that invariably brings many feelings to the surface. Some of these feelings will be positive, and others, not so much.

 

A little bit of planning can help you through this process in as seamless and painless a fashion as possible. The following six tips for transitioning into retirement will help you on your path.

 

1.     Mitigate Financial Risks

 

Recent studies¹ have shown there are five major financial risks facing retirees: policy risk, market risk, health risk, longevity risk, and family risk.  Of these, the risks that most consistently become a problem for people are longevity risk (outliving resources) and health risk (medical bills/long-term care).  

 

The good news is that these are risks you can mitigate in many ways. For example, you can take care not to underestimate how long you will live, be realistic about the expenses involved in healthcare, and acknowledge the possibility of needing assistance later in life. 

 

In addition, if you take good care of yourself (physically, mentally, and emotionally) now, you will increase the likelihood of aging with grace and potentially reduce your medical needs and overhead later.

 

2.    Be Realistic About Spending

 

Paying close attention to what you spend each month before you retire will give you a sense of your monetary needs.  If you find that they are too high, begin paring down your expenses and reducing your overhead: the fewer places you hemorrhage money, the better.  Even if you have ample resources, it’s wise to pay attention to your spending to avoid unwanted surprises down the road. 

 

3.    Practice Prevention 

 

Your health and wellbeing should have been your priority throughout your life, but as you age, it’s untenable for them not to be. The difference between enjoying your retirement, or suffering the experience, can easily come down to lifestyle choices.  

 

So, if you haven’t already, make physical activity a part of each day, aim to eat a rainbow of food, cultivate sources of creativity and joy in your life, and spend time with people you love. Doing these things could lengthen your life, prevent illness and injury, and simply help to make your life better.

 

4.    Have A Plan

 

Work consumes a great deal of time. If you head into retirement without considering what those suddenly vacant hours will look like, you could leave yourself feeling unmoored. Creating a schedule for yourself that incorporates healthy habits into your daily routine can be a game changer.

 

According to a study for Psychology of Aging, “the retirement transition is multi-dimensional. The transition involves two developmental challenges: adjustment to the loss of the work role and the social ties of work, and the development of a satisfactory postretirement lifestyle.”²  

 

Anticipating these impacts in advance, and consciously facing them through planning and preparation, increases your chances for a happy retirement.

 

5.    Learn To Relax 

 

Learning to relax may sound silly, but many people are so conditioned to be busy that suddenly having free time can lead to an identity crisis. To counter this possibility, consider beginning a mindfulness practice such as meditation. Learning to sit, be still, and reflect inward will confer myriad health benefits and help ease you into retirement.

 

6.    Don’t Wait To Enjoy

 

Life is better when lived fully. Waiting for a future date to truly savor your existence can be a monumental waste of precious time. Life offers few guarantees, so if you want to avoid regrets, then make today matter. Once retirement begins, double down.  

 

Fill your moments with things you’ve long wanted to try. Vie to expand, rather than contract, as you age. Stay engaged, keep moving, and consciously cultivate your vitality. Doing this will help you transition smoothly into retirement and, what’s more, will foster a life worth living.

 

References:

 

1. ​​Hou, W. (n.d.). How Well Do Retirees Assess The Risks They Face in Retirement? Center for Retirement Research. Retrieved September 23, 2022, from https://crr.bc.edu/wp-content/uploads/2022/06/IB_22-10.pdf
2. van Solinge, H., & Henkens, K. (2008). Adjustment to and satisfaction with retirement: two of a kind?. Psychology and aging, 23(2), 422–434. https://doi.org/10.1037/0882-7974.23.2.422

 

6 Tips For Living With Integrity

Integrity is one of those things that’s difficult to put into words, but we still recognize it when we see it.

 

Still, many dictionaries try to describe it, like the Merriam-Webster Dictionary, which defines it as ‘honesty; honor; uprightness of character or action’.

 

Another definition is a ‘sound, unimpaired, or perfect condition.’ While this definition often refers to the condition of something tangible like the ‘structural integrity’ of a ship, aircraft, or vehicle.

 

This meaning has some relevance to the type of moral integrity we want to discuss in this post. This refers to how goodness is like a moral compass that must be sound and rational.

 

In addition, integrity shouldn’t be impaired by external pressures or difficult circumstances while still being true to clear and constant principles. This is when you can say for certain that your inner and outer lives have come together and merged in unity. Not surprisingly, the word integrity stems from the Latin word for bringing together or making whole, integritas.

 

Your sense of virtue should be unwavering regardless of the situation. This is the type of integrity that earns a good reputation.

 

Here are six tips for living with integrity.

 

Value Fairness

 

Justice and fairness are two vital pillars of integrity. They define how you treat others in your family, community, and workplace.

 

Everyone you meet will have a different perspective than you. And it’s important that you provide them with a safe space to voice their ideas without judgment or criticism.

Unfortunately, not everyone values fairness as much as you. So, it’s difficult to expect the same from others. But by asserting your sense of virtue, you’ll likely inspire others to imitate your positive behavior.

 

Define Your Core Values

 

Knowing where you stand on various topics can help you determine your values and principles. Do you value compassion and forgiveness? Or do you prefer to stand up for injustices no matter the situation?

 

Most times, we’re trained to do as we’re told and follow the teachings of those who came before us. However, you can do a bit of soul-searching to find out what your instinctual values are, and what you believe in your heart to be right and wrong even if no one comes right out and tells you.

 

Surround Yourself with the Right People

 

We all have people in our lives who don’t follow a virtuous path. Their moral compass seems to be off course and they’re fine with it.

 

These are the ones you should limit contact with as much as you can. Rather, surround yourself with people that you trust and respect and who value honesty and fairness like you.

 

And when you’re not sure what to do, ask them for help. They’ll help you see things from a different perspective so that you can make sound decisions that have a positive effect on your life for years to come.

 

Speak Your Truth

 

Over time, living with false beliefs will make you lose your true identity. In situations like this, you’re not just lying to yourself; you’re also lying to the people closest to you.

Being true to who you are and speaking your truth is the first step to living with integrity. It means that you’ve managed to integrate your core values with your actions. And, when it’s time to make a decision, whether big or small, your moral compass will easily guide you in the right direction.

 

Avoid Shortcuts

 

In this busy day and age, it’s getting easier and easier for people to get things done by cutting corners. Yet just because no one is looking doesn’t mean it’s right.

 

Living with integrity means being accountable for the work you do. This means not just getting the task done but doing it to the best of your ability without cheating by using shortcuts or cutting corners.

 

Find Your Purpose

 

Be willing to recognize that being alive means you have the ability to choose how you want certain aspects to turn out. This includes realizing your passions through exploration and discovery.

 

Even if one path ends up taking you off-course, that’s fine. Start a new path and enjoy where it takes you, making mistakes and learning along the way.

 

One way to find your purpose is to ask yourself these questions:

 

• What do I want to achieve in life?

• What do I need to do to reach my full potential?

• What makes me happy?

• What are my skill sets and how can I use them to help others?

 

Brainstorming Tips To Plan Out Your Future

Remember when we were taught in school how to brainstorm to generate ideas and resourceful solutions to solve problems? Since then, you’ve probably relied on your brainstorming skills once or twice without even realizing it.

 

Yet, in order to harness the true power of brainstorming, you need to learn how to use it effectively.

 

In this post, we’ll look at why brainstorming is useful and how to use it to plan out your future. Let’s get started.

 

Why Is Brainstorming Important?

 

Alex Osborn is one of the first ones to develop the original approach. He then went on to publish it in his 1953 book, Applied Imagination. From that point on, researchers have added and improved on his original technique.

 

Nowadays, the most popular definition of brainstorming is that it follows a relaxed and informative approach to problem-solving that also combines lateral thinking.

 

So, why is that important?

 

For starters, brainstorming sessions work by getting people unstuck and jolting them out of their routine and prosaic ways of thinking.

 

motivates people to come up with ideas that, initially, can seem a bit outlandish and even nonsensical. Some of these ideas can spark more innovative ideas, while others can be tailored into original, inventive solutions for a specific problem.

 

Brainstorming Tips to Plan Out Your Future

 

We all have some kind of vision for what we’d like our future to look like. That’s why if you want to move forward in your personal development, you need to plan out your future.

 

You don’t need to draw up every small detail, only a general layout will suffice. The most effective way to do that is to brainstorm.

 

Brainstorming exercises can be an immensely influential way to break through barriers and uncover new, innovative ideas.

 

Here are some useful tips to keep in mind when brainstorming to plan out your future.

 

Encourage Positive Feedback

 

When you’re brainstorming, you’re working to break down false assumptions about the limitations of the problem you’re trying to solve. Having an environment where you feel safe sharing your ideas and thoughts without the fear that you’ll be judged or belittled is conducive to a healthy brainstorming session.

 

Hence, to help you open up possibilities and come up with ingenious solutions, you should avoid passing judgment or criticizing during brainstorming sessions. It’ll only work to limit creativity and stunt the generation of innovative ideas and thoughts.

 

Create as Many Ideas as You Can

 

Rather than trying to come up with one big solution to your problem, try to generate as many little ones as possible. Focus on quantity instead of quality because the more ideas you come up with, the higher the chances are that you’ll eventually land on the next great one that you’ve been searching for.

 

Learn to Develop an Unconventional Approach

 

Unconventional thinking is sometimes frowned upon because they seem to be too far out there. These types of ideas don’t usually follow the usual way of doing things, which can be off-putting to some people.

 

However, by welcoming unconventionality into your brainstorming sessions, you open up the possibility of creativity and innovation. This leads to an increased number of ideas being generated and boosts the level of invention and originality.

 

Draw Inspiration from Others

 

The best way to draw inspiration from others is to combine as many ideas from different people as you can. Then, follow these steps:

Step 1: Evaluating each idea separately.

Step 2: Next, make three imaginary piles

• Innovative and workable

• Could possibly work

• Completely unsuitable

Step 3: Think about where you’d like to place each concept.

Step 4: Focus your efforts on the ones with the highest chance of finding a suitable solution to the problem or reaching a certain goal.

 

Try Different Brainstorming Approaches

 

Whether brainstorming alone or as part of a group, the process of conceptualizing ideas can reach a point where it’s no longer entertaining or even worthwhile.

 

This is when using a different type of brainstorming approach can be highly effective. Or maybe you can even use a combination of approaches to help you see the problem in a different light. Thus, you’ll find it easier to generate more creative and influential ideas.

 

To help you bring fun back into your brainstorming sessions, try the following approaches:

• Brainwriting

• SCAMPER

• The 5 why's

• The SWOT analysis

• Mind mapping

• Drivers analysis

• Gap filling