When we're ready to win, we should also be ready to lose. However, many people are only ready to win and aren't prepared to lose. This is a mistake because what they're doing is gambling, with a high risk of losing, and only the lucky ones can win.
We actually have control over our money. This means we can calculate how much money we can safely allocate to gambling, and that it's safe, or in other words, won't interfere with our needs or finances. The problem is when someone comes to gamble with money and aims to win to pay bills or even cover basic living expenses.
No one wants to lose. They can not accept the reality when they lose which makes them angry and want to recover their losses. We see many people get caught in their emotional trap because we lose control and want to keep playing. We forget that wins and losses in gambling is usual so we don't have to feel bad. That is why when you play gambling, you should spend the money you can afford to lose. That is the key you must have so when you lose, you will not regret. No suggestion to use more money to play gambling because we need to allocate the income to all of our daily needs.
Yes, that's absolutely true. Nobody wants to lose, and that's not just in gambling, but in anything. And to be honest, I don't really want to lose when I gamble, and I think everyone feels the same way.
However, we quickly realize that the possibility of losing is very high. In other words, gambling is something that carries a very high risk. This means that psychologically, we must truly prepare ourselves mentally to accept defeat.
This is what really helps us achieve true financial security. Because if we don't do what we've been told, our finances could be in disarray.