Living With Financial Regret
Regret can be a funny thing. The difference between regretting an action and being happy about it is related solely to the result. We make decisions with the information we have at the time; regret pops in when that information changes or we find out it is wrong. Financial regret is no different. When I spend money on something it isn’t a mistake. It may be an impulse buy where not much thought went into it. This is almost never done by accident. It is easy to look back on decisions and think about what you could or should have done.
What you don’t know is what would have happened had your decision been different. Would things be better, would things be worse? Would you ever get the opportunity to make what ended up being a great decision had you not made a bad one previously? I’m talking about alternate timelines which is a topic that is filled with paradoxes and endless loops.