With age you see people fail more. You see yourself fail more. How do you keep that fearlessness of a kid? You keep going. Luckily I'm not afraid to make a fool of myself.
Children also have artistic ability and there is wisdom in there having it! The more helpless they are the more instructive are the examples they furnish us and they must be preserved free of corruption from an early age.
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Save your money. You're going to need twice as much money in your old age as you think.