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Wisdom and Decision-making

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Wisdom and Decision-making


Our lives are crammed with them, from the little and ordinary, such as what to dress or eat, to the major and life-changing, such as who to marry and to whom, what career to take, and how to raise our children. Make your choice! Every day, we make hundreds of decisions. Almost every decision we make involves some form of foresight into the future. People’s lives are dominated by decision-making. Older people frequently hold significant jobs and must make various crucial personal decisions, such as which retirement alternatives to pursue, how to invest their life assets, and how to best live out their remaining years. Similarly, young individuals must decide which job route to pursue and which institution to attend. When should you buy a house? We imagine how our decisions would make us feel in each situation, as well as the emotional consequences of our actions.We typically choose the one that we believe will make us the happiest overall. However, we all make mistakes that leave us miserable or full of regret.


We are where we are now as a result of decisions we made in the past. The decisions we make now will influence where we are tomorrow. To suggest that learning to make intelligent judgments is critical is an understatement. It is invaluable. The decisions we make affect our very life, calling, leadership, success, and fulfillment. Furthermore, smart selections are made with filters. Decision-making filters include elements such as values, facts, and submission to the truth in the context of one’s values, as well as, most significantly, wisdom. The question is, what does wisdom imply, and why is it crucial in decision making?


Wisdom, according to the Oxford Dictionary, is the characteristic of having experience, knowledge, and sound judgment; it is the attribute of being wise. A wise person is more likely to look back on their lives and state that everything that occurs to them is for the best, to fully admit their faults and losses, and to continue to strive for improvement. According to Paul Wink and Ursula M. Staudinger’s Journal of Personality, “True personal knowledge consists of five components: self-vision; the ability to exhibit self-development; attentiveness in terms of historical epoch and family history; the realization that priorities and values, even our own, are not absolute; and an awareness of life’s complexities.” Furthermore, intelligent people typically attempt to understand problems from multiple perspectives, not just their own, and as a result, they exhibit patience, and this type of personality is typically associated with the elderly.


Many laypeople associate wisdom with old age when questioned about it. When we think of wisdom, we don’t normally think of youth. It is probable that in ancient civilizations, knowledge was strongly tied to age, where tradition trumped change and arriving at old age was a link between age and knowledge. However, as with most things nowadays, they are more sophisticated. Indeed, the majority of psychological research literature rejects the notion that aging produces wisdom. Cognitive functions tend to slow down with age, but this has also been demonstrated to be due to cumulative information stored in the brain. In terms of introspection, experiences undoubtedly come with age. The more things you have to look back on and learn from, the more conceptually you grasp a situation. As a result, having greater knowledge allows you to empathize more with others.


According to a journal paper titled “The Wisdom of Experience: Autobiographical Narratives across Adulthood” by GlüCk, Bluck, Baron, and Mcadams, people of all ages can be wise, but wisdom varies as a person’s perspective on time changes. A young person, for example, may choose a job with intelligence, but that individual does so with the illusion of a limitless future ahead of them. An older person, on the other hand, will demonstrate a certain level of wisdom in making a decision, knowing that time is restricted since he or she is aware that time is ticking. According to Monika Ardelt, a sociology professor at the University of Florida, wisdom exists only to the extent that smart people exist. According to her concept, wisdom can increase with age, but it does so only for those who seek it and engage in fostering it.


Indeed, it is a well-known fact that experience is the best teacher, and as you age, you may become more familiar with the term “wisdom.” Nonetheless, knowledge may appear distant to someone who does not seek and invest in acquiring the experience necessary to evolve. Oscar Wilde, an Irish poet, famously stated, “With age comes wisdom, but sometimes age comes alone.” As humans, we are prone to making mistakes. A single blunder does not determine your entire existence. Making mistakes just means growing and becoming stronger. Recovering from a mistake is one of the most beneficial things you can do. You must fail from time to time in order to rise like a wave with renewed power and insight.


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