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The 8 Stages of Life That Make or Break You
Erik Erikson, the psychoanalyst who coined the term, “identity crisis,”1Source: Medical News Today found that humans typically go through eight stages of life.
Born in Germany, in 1902, to Danish parents but raised by a Jewish stepfather, Erikson grew up with a different upbringing from his peers.
In 1927, the psychoanalyst Anna Freud (Sigmund Freud’s youngest daughter) invited Erikson to teach at a private art school in Vienna.
Erikson began his training in psychoanalysis, becoming deeply influenced by Freud’s ideas on how childhood upbringing impacts people’s personality and growth. And he realized the following:
Do Hard Things if You Want an Easy Life
The other day my mom told me about a family member who had a flat tire on her bike. This relative doesn’t live an easy life.
She had a doctor’s appointment and when she pulled out her bike to go there, she discovered the flat. She doesn’t have a car. So she ended up walking to the doctor’s office. To make it worse, it also started to rain after a few minutes into her walk.
She barely made it. I thought, “Man, I’m lucky. I have an easy life.” But then I also thought, “I did a lot of hard things to get here.”
The Skill of Awareness Will Change Your Life
I’ve noticed that almost all my conversations about improving an aspect in life, whether that’s your finances, health, or relationships, always revolve around the skill of awareness.
Think about it. The other day I was talking to a friend about how I’ve been consistently earning money in the stock market for several years. He lost a lot of money this year with crypto trading and chasing meme stocks so he asked about my process.
I talked about how I don’t do any of that stuff and only stick to stocks I know. I use a combination of passive investing with the majority of my money, and I use a smaller amount to trade growth stocks. I call that the 90/10 rule.
My trading method is mostly based on Jesse Livermore’s system in How to Trade In Stocks. Using that method, I’ve consistently closed trades with profits ranging from 20% to 60%. And I haven’t closed a trade with more than a 10% loss in two years.
But reading that book alone will probably not make you money. As we were talking about the process of investing and trading, I constantly came back to the topic of awareness. For years, I’ve observed myself as I was investing, or at least, as I was trying to invest. Without awareness, I wouldn’t learn as much as I did.
The Life Plan: How To Plan Your Days, Months, and Years
Since 2015, I’ve been working on a life plan. I’ve been planning my days, months, and years. In this article, I will share how I do it, and what kind of impact this had on my life and career.
I was inspired to work on long-term planning by Jim Rohn. He talks about this in his classic seminar, How To Take Charge Of Your Life. It’s 30 years old, but his advice is more relevant than ever.
We have so many opportunities and shiny things that grab our attention that we let indecision paralyze us. Too many people wander around without a clear purpose. With planning, you can avoid that type of time-wasting and aimlessness.