When I got my first job, I was introduced to a 401k for the first time. I had no idea what it was, how to handle it, or how to maximize its value in my life. No one explained the basics: how to manage it, grow it, or even what it meant to be invested. When I eventually left that job, I cashed out the 401k without truly understanding the long-term impact of that decision. I even paid penalties.

I vividly remember the financial advisor explaining the fees, but there was no conversation about the bigger picture—no guidance, no options presented, no questions about my situation or my goals. At the time, I thought I was making the best decision for myself, but looking back, I realize how much better I could have handled that money if I’d known what I know now.

That experience taught me an important lesson: money is not something we instinctively know. It has to be learned.

We often assume that, like learning to walk, we should just "know" how to manage money. But the truth is, understanding money is not imprinted in our DNA. It requires intentional learning, guidance, and practice. Without that knowledge, it’s easy to make decisions—like cashing out a 401k—that can affect us for years to come.

Learning From Our Mistakes

If you’ve ever made a financial decision that you regret, you’re not alone. The good news is, those mistakes don’t define you. In fact, they exist for a reason: to teach you. Mistakes are some of the most powerful tools for growth—if we choose to learn from them.

When we reflect on our choices, we gain valuable insights that help us make better decisions moving forward. The danger lies not in making mistakes but in ignoring the lessons they offer. By learning from the past and committing to financial education, we can break free from harmful patterns and create a stronger, more secure financial future.

Money Is a Skill You Can Learn

Managing money is a skill, not a talent or an instinct. Like any skill, it takes time, effort, and guidance to master. And just like we don’t learn new skills in isolation, we don’t have to figure out money on our own. Seeking support—from books, courses, or coaches—can help us bridge the gap between where we are and where we want to be.

It’s also important to remember that financial literacy isn’t just about the present. The knowledge you gain today will serve you for years to come, even if it doesn’t feel immediately relevant. Every bit of learning builds a foundation for future success.

The Opportunity to Take Action

If you’re ready to start learning money, take a moment to reflect: What financial decisions have you made in the past that you can learn from? What steps can you take today to educate yourself and gain confidence in managing your finances?

And if you’re looking for a starting point, I’m hosting a one-hour workshop this month where I’ll be diving deeper into these topics. It’s a space to gain practical tools and start building your financial confidence in a supportive environment.

Remember, it’s never too late to learn. Every step you take brings you closer to the financial future you deserve.

Your Money Life Coach Christiane