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Financial literacy chapter 1
Financial literacy chapter 1
Financial literacy chapter 1
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This aphorism really captures the uncertainty of the future, and how betting on the future is a big risk. It is supported with sayings such as “Live life to the fullest,” and “Life is short.” There are many reasons that the most dangerous risk of all is the risk of spending your life not doing what you want on the bet you can buy yourself the freedom to do it later.
This aphorism is talking about how trying to predict the future is a bet. It is impossible for one to see what will happen in a month, let alone 5 or 10 years in the future making this bet even more risky. There can be no certainty in that one will be able to buy one's freedom later because one cannot know what the future holds financially, what the world will look like, and where
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This pressure for things to be perfect causes them to spend more time than needed on homework and studying causing them to skip out on social activities such as hanging out with friends and hobbies that they love to do but can't find time. This is a perfect example of what this aphorism is warning against. They are skipping out on stuff that they would want to do in order to do well enough in school that they can hopefully make enough money to not have to work later in life. This is risky because they cannot know the future and they are giving up their joy at the time on the possibility that they will be able to buy it later.
Older adults reinforce this aphorism all the time when they say things such as “I'm too old for this” which further shows that one cannot know what is in store for them. When accounting for this it is easy to see how it is a big, risky bet that many take can result in a bad ending. Some of the things one might want to do right now they might not be able to do later in life as a result of health problems, kids, and other unforeseen
This quote represents the generational gap as it dwindles into nothingness. Age has become such an important factor for anyone in this era. Few realize, though, that every generation is nearly the same. The only difference between any two generations is technology. All generations are plagued by the same problems and all hope that their children won’t face the same hardships. That is a case, which will never happen.
An individual’s lack of outlook on their foresight has a direct effect on their fear level, as it relates to making difficult decisions in life. The author describes himself as “being a boy” for “scarcely a moment”, alluding to the confidence level he has in life, implying that he is fearful of the uncertain future. The
The quote itself can be translated into, an everyday person does not want to be happy and ambition. That person will settle with what will keep them alive. I agree with this quote for a few reasons. To begin, the people in today’s
“If you’re always battling against getting older, you are never going to be happy, because it will happen anyhow” (Albom, 120). This quote is from Morrie Schwartz who died from ALS. Morrie gradually learned to accept his coming death and aging so he could learn how to be happy. He also decided to share many aphorisms and lessons he learned himself to his friend and previous student, Mitch Albom. In the book Tuesdays with Morrie, Mitch writes his every Tuesday meetings down and explains the lessons he learned from his former coach. Morrie teaches people to live life through showing emotions, learning how to forgive, and knowing love goes on.
Often people are unwilling to take opportunity, Emerson tries to show this in his aphorism. Due to the risks involved, people sometimes miss their chance at opportunities. Just like the kid unwilling to wear his shoes for fear of scuffing them, we are often caught in the same struggle between risk and desire. The kid desires to wear, and to be seen in his new shoes. But the risk of scuffing his new shoes outweighs wearing them, in his mind. People often do not realize what they’ve missed because of risk involved, until its too late. Finally the little kid decides he’s willing to accept the risk of scuffing his shoes, but by the time he tries to slip his feet into the little shows he realizes he’s outgrown them and they’ll no longer fit. Disgruntled and distraught, the kid wants to wear the shoes more than anything now that he can’t wear them. Emerson hints that we should take opportunities as they come; and never hide in the face of risk.
In other words, no two individuals look at the life the same manner. I agree with this quotation. Maggie Johnson from Maggie: a Girl of the Street by Stephen Crane and Kino from The Pearl by John Steinbeck demonstrate this idea. Life could change for the good because of money and then you would be happy, but that was not the case your life changes to sadness and death.
“Fate is nothing, but the deeds committed in a prior state of existence”, Ralph Waldo Emerson.
The elderly vary in their feelings and attitudes about growing older. A member of the older community shared that the worst thing about growing old is that there is not much future in it. However, she looks on the bright side and comments
What the author may mean by this statement is relevant to the entire book. The overarching premise of the chapter is arguably the inclination to want to predict the future.
One cannot assume that an aphorism is statement promoting a tall tale with extraordinary events. Rather, it is a witty truthful statement that can be used in or out of context. Its extensive historic background explains how past writers have used aphorisms. Today, its purpose is used so boundlessly in many of areas such as the entertainment industry and politics. As aphorisms carry whimsy truths, it is only limited to carry out truthful insights. It must catch the audience with awe and express despair as being funny.
As we look back on our past we inevitably lose sight of our future, yet as we gaze into the future it seems so difficult to enjoy the present. Some say that we should live for the moment but they're so commonly the ones always whining about the unforeseen. Other say to live for a purpose, they seem inevitably to mean that you should neglect what's truly important in life in the name of money, power and fame. Uncle Sam says to live for your country, but that seems so commonly synonymous with dying for it, and if you do, you are a hero in my eyes.
“Only those who will risk going too far can possibly find out how far one can go.” This quote by T. S. Elliot tells us that in order to find out how far someone can go in life taking risks is a must in truly living. Taking risks could be small or large, difficult or easy, but in order to advance in what you want to achieve in life taking risks will get you where you want to be. In the stories and passages Beowulf, The Deep by Anthony Doerr, and Blackheat by Mark Brazaitis all prove to give an accurate description of how important taking risks are in a person’s life. These passages all have something to do with taking risks such as, The Deep, Tom takes risks in his order to truly live; Beowulf, the epic hero, takes risks in order to protect
What I found is that if one were to sit down, and think of their future realistically, they could certainly find an approach on life that will not cause one to regret the...
In the passage "10 Tips for Getting Good (or Better) Grades" it states, "Studying is critical to learning, which is critical to better grades- so do the work before heading out to have fun." So, as much as you want to be free from studying it is better to study, then to spend time on something else and be clueless when you have a test. If you study you will always get good grades on tests and assignments. Also, by studying you can improve your memory and it'll be easier to do things like the exams, word problems, etc. Studying is something that kids have to do because when you go to college your grades have to be very good, so that you
Although the passage argues that students are to blame for the mediocrity, but a deeper analysis is required. If all things are equal, children are a reflection of their parents so if they taught them to just get by, then the child will not have the motivation to go beyond the already lacking education system. Therefore when the student gets to high school his ways are deeply engraved in their character making visible change difficult. Sooner or later they watch their peers get by with doing the minimum intellectual work and getting the most from their other activities. After all, the student does not understand that minimum wage pays for a couple of things, but does not provide for a family. Although they may witness the other kids get by with the least amount of work and may wish to join them; their character discourages them from following. But any weak links in his work ethic will cause said student to give in and follow the crowd. As a result, when the new students come in, they will now witness his laziness and follow his example. An illustration is when a young man is trying to get fit and if people who are in the opposite mindset are consistently surrounding him, then he will also give in and not complete his