Big Mistakes and Bigger Lessons

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Money-mistakesBy Karina Arancibia – Financial and Life Coach.

Some great lessons come from the mistakes we make…

When was the last time you made a mistake? I know sometimes it’s not easy to admit it. We don’t want to feel like we don’t know what we are doing, or that we did something wrong.

Usually when we make a mistake we can have different reactions, we might dwell on it and maybe  talk to ourselves. We might get upset and kick ourselves or we could also feel down, and that we didn’t know any better.

Lots of emotions with deal with, some people might be able to keep it cool and balanced and  that’s great and if you are able to control that. I have to admit that although I tried, to keep my cool, there is frustration inside, but also my brain starts looking for solutions and answers, I start questioning things.

Don’t think because I write this blog I don’t make any money mistakes, those have been some of my biggest lessons in my financial life, and I pass those to my kids and whoever is willing to listen.

I had an incident a few weekends ago, and it had to do with my car. My breaks broke in the middle of the night and I could not stop on a red light, I was fortunate enough that nothing happened just a scare and I was close to a friend house and I parked it there. The break was literally on the floor, wow never seen that before.. yea some people were laughing. 

Well four weeks before,  I took my car  to a mechanic that I was referred to my someone I trusted. So I did, he did the work and charged me, not cheap..  he said he didn’t have a debit machine etc and asked for cash, first red flag…  so I got the cash and paid and the person that referred me was the witness. The bill was to come later and he was preparing it .. another red flag never received it.  There was a noise in my car that wasn’t going away. I called and dropped by and left messages no luck!! then the incident happened.

See, I usually take my car to the dealership, but everyone tells me they charge an arm and a leg, etc so this time I thought ok I will try this.  Although my car knowledge is not bad, I guess it is important to say here that I am a female and I feel that I am treated a little different, I could be wrong, but I’m not the only one that thinks that way, with females and mechanics. At the dealership, I never had problem and have guarantee, plus it’s important to them to keep me as a customer not make a quick buck.

Is it difficult  to admit? yes!! absolutely.  I should have listen to my gut, my intuition those red flags.  I will tell you by experience that this has worked for me, to pay attention to what my intuition is telling me, and so far it has been correct.  By facing and admitting our mistakes we can take responsibility, make corrections and grow and not blame others. Where did we go wrong? What could we change and do better next time? by reflecting on our mistakes we learn the lesson and we can pass that on to others. Next time remember the bigger the mistake the bigger the lesson and that’s life, avoid the drama just face what it is fix it make it better next lesson. I must say this is probably one of the most difficult blogs I’ve written since it exposes another side of my life, but I also think in the sharing there is also much more learning.

I was finally able to fix my car with a trusted mechanic, after I told him the story. I had a few opinions and help from my brother in law how I trust, it all worked out in the end.

Don’t be afraid to make a mistake,  it makes you more authentic, recently I read Steve Jobs made tons of them and it didn’t turn out so bad after all.

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*If you are aiming to improve your financial situation and think you could use some help, you can email me at

About Karina Arancibia

(Español a continuación) Karina Arancibia is a financial counsellor and life coach, whose helped individuals achieve their financial goals for over 22 years. She studied at the University of Toronto and has continued her education on social and human development. She has created and edited Women's magazines. She has conducted numerous seminars and workshops, and appeared on various expert panels and media platforms throughout her career, such as CTV and The Glove and mail. Karina has her own radio show called As Women, where she showcases and interviews women on a mission. Her positive approach, charisma and empathy for the wellbeing of others among other ingredients, are some of the keys to her success. She understand the that women roles have changed over the last years and works on empowering working on their strengths. A mother of 3 children and she is also a champion of health and wellness and a certified Zumba instructor. --- (Esp) Karina Arancibia es consejera financiera y Life Coach, quien ayudado a personas a alcanzar sus metas financieras por más de 22 años. Estudió en la Universidad de Toronto y ha continuado su educación en el desarrollo social y humano. Ella ha creado y editado revistas femeninas . Ha realizado numerosos seminarios y talleres , y ha aparecido en varios paneles de expertos y plataformas de medios a lo largo de su carrera , como CTV y el periodico The Globe and Mail. Karina tiene su propio programa de radio llamado Como Mujer, donde promueve y entrevista a mujeres emprendedoras en una misión. Su enfoque positivo, carisma y empatía por el bienestar de los demás , entre otros ingredientes , son algunas de las claves de su éxito . Ella entiende que el rol de las mujeres ha cambiado en los últimos años y trabaja en la capacitación y fortalecer sus habilidades. Una madre de 3 hijos y además apoya la salud y bienestar e instructora de Zumba certificado.

Posted on 5 May, 2016, in English, Finance, Spanish and tagged , , . Bookmark the permalink. Leave a comment.

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