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At BuBakes it's not just a piece of cake 
        - it's a masterpiece of cake!

To read or not to read this blog about weighing up decisions...?

4/7/2015

1 Comment

 
"You win some, you lose some" - a phrase often heard in Vegas, which is where I spent a(nother) week recently. 

I often have people tell me they don't think they'd like Vegas as they are not into gambling; and while I tell them there is plenty more to do there than hit the slots, there are of course some who take on Lady Luck and have a go.  It's the opportunity of a windfall that coaxes millions to the city each year, and for some it is a gamble well worth taking.
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What about when it goes wrong?  To me losing on the tables can be justified as I only travel with money I intend to spend (lose).  I weigh up the enjoyment I get from a hand of blackjack with the enjoyment I may get from spending the money elsewhere, and I make my decision as to how much that enjoyment is worth. 

We do this in everyday life without realising. Our life is pretty much a whole game of risk vs potential gain. We decide what we are going to do based on a likely outcome, and the chance of that likely outcome. We should also remember that for everything we gain there is always a loss and vice versa, the trick is making our decisions based on an assumption as to the gain vs the loss, considering both likelihood and magnitude.
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This isn't only the case when making life changing decisions, being aware of this can really affect everyday options.  To bring things down to a very basic level, I'm sure I'm not the only one who sees hotel toiletries as a bit of a treat.  To reference the Friends episode The one with Rachel's dream "Here's where you make your money back"  (flashback to Ross & Chandler and lots of maple candy).  

I used to grab the toiletries whenever I stayed away. I had boxes of them; they could be used in an emergency, and I felt if I didn't take them I was losing out. One box full became two, which became three. Suddenly it was a huge thing.  I was asked why I didn't just bin them and I responded that it would be a waste to, and then I would 'lose' having them.  It was pointed out that by getting rid I would be gaining a whole shelf of storage space in my rather storage sparse flat.  I weighed up which was more important to me and within a day they had been given away.

In a turbulent year I have made some huge decisions which have caused some substantial financial losses, however the possible quality of my gains has meant that I have concluded that those decisions were worth perusing. I know it might go wrong, but I also know that if it goes right it will be life changing.  Much like with my toiletries I have determined that my losses will have a more valuable payback.
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I find that working through matters in this way wherever possible enables me to have a more balanced approach to my life, and keeps things in perspective. Being aware of the decisions I am making and the reasons for them also gives me comfort in my choices.  The more I love the decisions I make, the less I need others to love them. 
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Try to think about this gain vs loss today; whether it be choosing your lunch option, meeting that potential partner for a drink, or deciding to stay at work one hour later - every single decision will have a loss and a gain attached. 

Take care, and always weigh up your options (or gamble) sensibly. 
Bu xx 

Oh, and for the record, I didn't win my millions - but it was worth every cent. 
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BuBakes is committed to reducing the stigma attached to Mental Health, and personally donates 25p for every order received to MIND.  This is kindly matched by three generous supporters, meaning a £1 donation is made per order.  If you would like to find out more about MIND, or make a donation you can do so here. 

1 Comment
sandie link
12/10/2015 01:56:31 pm

You are so right Liz. There is loss and gain in all we do. I continued a stressful career because I was worried about the financial loss. But eventually I took the leap and there was no loss. Only gain. That doesn't mean my bank balance is unaffected. Of no!! That is a definite loss! But the gain is doing what I love and that is priceless.

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    Bu

    Creator, baker & decision maker!

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