Bible Money Matters

Christian personal finance

Menu
    • About
    • Archives
    • Contact
    • Close
  • Making Money
      • Popular Articles

        • 50 Ways To Make Money: Maximizing, Creating And Increasing Your Income
        • 10 Weird And Unconventional Ways To Make Money
        • Making Money With A Blog (e-Book)
        • 10 Places To Sell Or Trade Your Unused (Or Broken) Electronics
        • Ways To Make Extra Money Series: 20 More Income Generating Ideas From Our Readers
        • Making Side Income Can Help Blunt The Impact Of Becoming A One Income Family
        • Earn Cash Back With Discover it® Credit Card
      • Recent Articles – Making Money

        • Best Sites Like Fiverr To Make Money As A Freelancer
        • 13 Of The Best Independent Contractor Jobs
        • 25 Of The Best Gig Economy Jobs
        • How To Make Money Blogging: Turn A Blog Into A Business
      • Categories

        • Making Money
        • Investing
        • Retirement
        • Jobs & Work LIfe
        • Money
        • Income
    • Close
  • Saving Money
      • Popular Articles

        • 50 Easy Ways To Save Money Every Month
        • 10 Weird And Unconventional Ways To Save Money
        • 10 Practical Ways To Save Money And Increase Your Net Worth
        • How To Save Money On Just About All Of Your Regular Monthly Bills
        • Ways To Watch TV Without Paying An Arm And A Leg For Cable TV
        • Save Money On Your Hospital Bill - Just By Asking
      • Recent Articles – Saving Money

        • Living Stingy: 13 Tips For Spending Less
        • How To Save $100k In 7 Practical Steps
        • Stairs App Review: Save And Invest To Earn 4-6% Interest
        • Honey Review: Save Money Automatically When You Shop Online
      • Categories

        • Saving Money
        • Frugality
        • Planning
        • Finance
        • Saving For Retirement
        • Savings Accounts
    • Close
  • Banking
      • Best Rates For 2019

        • Best Credit Cards
        • Best Savings Accounts
        • Best Mortgage Rates
        • Best CD Rates
        • Best Brokerages
        • Free Credit Scores
      • Recent Reviews

        • M1 Finance Review: Free Trading App And Automated Investing
        • Tablo 4th Gen Over-The-Air DVR Review: The Best Device For Cord Cutters
        • TradeStation Review: Commission Free Stock And ETF Trades
        • Firstrade Review: Commission Free Trades on Stocks, Crypto, And Options
      • Categories

        • Bank & Software Reviews
        • Investing
        • Credit
        • Banking
        • Mortgage
        • Insurance
        • Family Budget
    • Close
  • Recommended
  • Video
    • Close

What We Can Learn From Jeremy Abbott’s Olympic Fall

By Melissa 1 Comment - The content of this website often contains affiliate links and I may be compensated if you buy through those links (at no cost to you!). Learn more about how we make money. Last edited February 17, 2014.

Share
Pin1
Tweet15
Share2
18 Shares

“When discouraged some people will give up, give in or give out far too early. They blame their problems on difficult situations, unreasonable people or their own inabilities.

When discouraged other people will push back that first impulse to quit, push down their initial fear, push through feelings of helplessness and push ahead. They’re less likely to find something to blame and more likely to find a way through.”
– Steve Goodier

I’m an Olympics junkie.  I’m scared of heights, so it’s with sweaty palms and bated breath that I watch Olympic events like snowboarding and ariel skiing.  Because I can’t ice skate more than two feet without falling in the most ungraceful manner, I love to watch figure skating–the men’s, the women’s and the couple’s.

olympic-skater-fallI was watching the men’s short program the other night when I saw U.S. figure skater, Jeremy Abbott, fall. Falls in figure skating aren’t unusual, but this was a colossal fall.  He fell hard on his hip and slid across the ice until he crashed into the side of the rink.   He clutched his injured side and just lay on the ice, pain etched on his face.

I, like most other viewers, I’m guessing, expected him to get up and leave the ice.  After all, he couldn’t recover from such a fall score-wise, and he was clearly hurting.

I watched in amazement as he seemed to ponder what to do and then did the unthinkable.  He got back up and began skating again even though he was probably a good 15 to 30 seconds behind  his choreographed routine.  He did all of his jumps and his routine flawlessly from that point on.

After the fall, Abbott said in an interview:  “‘I wasn’t going to let it go. I was like, ‘Not this time.’ My personal story has always been about perseverance and always getting up when I fall,’ said Abbott. ‘Maybe I’m not Olympic champion, but I can teach the world about that'” (ABC News).

Indeed he did.

His lesson is an excellent one, especially when it comes to personal finance.

The Lesson To Be Learned: Don’t Give Up

Getting into debt, significant debt, is all too easy to do in our society.  Unfortunately, once you’re in debt, digging your way out is a slow, painful journey.  Many people give up because it’s just too hard.  Better to stay in debt, make minimum monthly payments, and accept that this is the way life will always be.

Even if you keep yourself out of debt, saving for retirement is a huge obstacle for most people.  When expenses keep rising and fewer and fewer people are getting raises, just surviving without going into debt is enough for most people.  Financial Samurai recently shared recommended 401(k) amounts by age, and my husband and I, while we have saved, aren’t yet on the low end of retirement savings for our age according to the graph.

Getting discouraged about personal finance is easy.  Lying on the ground like Jeremy Abbott and wallowing in hurt is easy to do.

Jeremy Abbott had no real reason to get up and skate in pain, but he did.  He wanted to prove that he’s not a quitter, and he can be proud of the rest of his performance.

Whether you’re 35 or even 55, it’s not too late to right your finances.

Even if you’ve been in debt all of your life, you can still get out.

If you haven’t saved for retirement, you probably won’t be able to save as much as you should, just like Abbott was no longer a medal contender once he fell.  But any amount you start saving now, no matter your age, will help make your retirement a little more comfortable.

Have you wanted to give up financially?  How do you encourage yourself to continue on?

Related Posts

  • 3 Debt Lessons To Learn From The Pursuit Of Happyness

    Sometimes it can feel that the odds are against you, but real life heroes like Chris Gardner from The Pursuit of Happyness can give insight…

  • Don’t Let College Debt Crush Your Will To Learn

    Nobody ever said that attending college was going to be easy. In fact, with the downward spiral of the recent economy putting the crunch on…

  • 8 Financial Lessons To Learn From The Duggars

    Here are some money management strategies from the Duggar family that have allowed to live debt free despite raising 19 children.

Share
Pin1
Tweet15
Share2
18 Shares
Last Edited: 17th February 2014 The content of biblemoneymatters.com is for general information purposes only and does not constitute professional advice. Visitors to biblemoneymatters.com should not act upon the content or information without first seeking appropriate professional advice. In accordance with the latest FTC guidelines, we declare that we have a financial relationship with every company mentioned on this site.

This article is about: Get Out of Debt, Retirement

About Melissa

Melissa, a mom to three (ages 15, 10, and 9), blogs at Mom's Plans where she writes about homeschooling, health eating, frugal living, and paying down debt. She works as a freelance writer and virtual assistant.

Comments

    Share Your Thoughts: Cancel reply

  1. Jon@2-copper-coins.com says

    I’m reminding of one of the climactic scenes in “Chariots of Fire” when Eric Liddell is knocked down during a race, gets back up and wins the race. He faced a moment of decision when he was knocked down, and he made the right choice. Our finances are sometimes going to knock us down but we must get back up.

    Reply
Previous Post: 30 Bible Verses About Investing: Getting Good Counsel, Planning Ahead And Diversifying
Next Post: 5 Positive Habit Changes To Secure Your Financial Future
Discover Investment Platforms

Popular Posts

  • 21 Easy Ways To Earn Free Amazon Gift Cards
  • 10 Best Free Tax Filing Services And Software Online
  • 21 Apps That Pay You Real Money Fast
  • 17 TV Apps And Live TV Streaming Services To Watch TV Free
  • 30 Legit Online Jobs That Pay Well
  • 37 Easy Ways To Get Free Gift Cards
  • How To Get Free Stock
  • 40 Easy Ways To Get Free Money Fast
  • 21 Places To Read Free Books Online
  • 24 Legit Online Jobs
  • 17 Best Work From Home Jobs: A List Of Legit Online Jobs That Pay Well

Recent Posts

  • A Eulogy And A Remembrance Of My Dad, Mark Lloyd Anderson
  • Why Do We Celebrate Our Independence On The Fourth Of July?
  • Enjoy Your Memorial Day But Let’s Remember Those Who Gave The Ultimate Sacrifice
  • 25 Bible Verses For A Happy New Year!
  • Merry Christmas To One And All: The Original Christmas Story
  • 401k Contribution Limits And Rules
  • Traditional And Roth IRA Contribution Limits Announced
  • M1 Finance Review: Free Trading App And Automated Investing
  • Tablo 4th Gen Over-The-Air DVR Review: The Best Device For Cord Cutters
  • Living Stingy: 13 Tips For Spending Less

Disclaimer

The information contained in BibleMoneyMatters.com is for general information or entertainment purposes only and does not constitute professional financial advice. Please contact an independent financial professional for advice regarding your specific situation.

In accordance with FTC guidelines, we state that we have a financial relationship with some of the companies mentioned in this website. This may include receiving access to free products and services for product and service reviews and giveaways.

Any references to third party products, rates, or websites are subject to change without notice. We do our best to maintain current information, but due to the rapidly changing environment, some information may have changed since it was published. Please do the appropriate research before participating in any third party offers.

Amazon and the Amazon logo are trademarks of Amazon.com, Inc. or its affiliates.

We respect your privacy: Privacy Policy.

Thanks for visiting!

Bible Money Matters - Seen On These Sites and more..
Bible Money Matters is a personal finance, entrepreneurship and investing community. Give more, save more and live more.

Copyright © 2025 · Bible Money Matters | Sitemap | Advertise | Privacy Policy