Quote from book "The Psychology of Money" by Morgan Housel - "as much as we recognize the role of luck in success, the role of risk means we should forgive ourselves and leave room for understanding when judging failures" Reflection questions - "How do you judge yourself when you fail?'

When You Fail, Do You Judge or Understand Yourself?

“As much as we recognize the role of luck in success, the role of risk means we should forgive ourselves and leave room for understanding when judging failures.”
— Morgan Housel, The Psychology of Money

It’s easy to celebrate success. We write about it, post about it, frame it on our walls.

But failure?
That one we carry in silence. Often with shame, regret, and a harsh inner voice asking:
“How could you mess this up?”

But what if failure wasn’t proof of inadequacy—but simply a dance with risk?

And, Housel reminds us—luck and risk are silent partners in every outcome.

You might do everything right and still not win.
You might fumble and still land safely.

So when things don’t go your way, the better question to ask is, “What was within my control, and what wasn’t?”

In therapy, we often uncover how early experiences shaped our beliefs about failure.
You may have grown up with silent messages like:

  • “Failure is not an option.”
  • “Success is the only proof of your worth.”

But therapy helps you to create space and rewrite that narrative.

Every time you step out of your comfort zone – be it in love, business, health, or relationships – you invite both success and risk.

So if something doesn’t go as planned, pause before the self-blame and, try asking: What would I tell a friend in this situation?

Many of us carry financial and emotional beliefs passed down from parents or culture – beliefs that can quietly shape how we react to failure.

Working with a coach or therapist helps uncover these limiting beliefs.
It helps you live a more resilient, abundant, and emotionally rich life.

Want to become aware of your financial beliefs—or your deeper self-perception around failure?

Whatsapp us to book a session with a coach at Shreehi.
www.shreehi.com
Shreehi – Simplifying Mind & Being


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