Psychological well-being is a broad concept that encompasses several dimensions, one of which is the ability to understand oneself and others, and to have a sense of purpose or direction in life. Having self-awareness and insight, the ability to understand one’s own thoughts, feelings, and behaviors, and the ability to understand and relate to others, is an important aspect of psychological well-being.

Having a sense of purpose or direction in life, also referred to as having meaning or personal significance, is another important aspect of psychological well-being. This can involve having a sense of goals and objectives that one is working towards, as well as having a sense of belonging and connection to something greater than oneself, whether that be a community, a cause, or a higher power.

The development of self-awareness and self-understanding is one of the key tasks of the human development, this is the stage where the person differentiate oneself from others, and starts to understand one’s own self, emotions and behaviours.

There are different ways to foster self-awareness and understanding, such as therapy, mindfulness practices, journaling, and other reflective activities. Similarly, finding one’s sense of purpose or direction in life can involve exploring one’s values, interests, and passions, setting goals, and volunteering or getting involved in causes that align with one’s values.

Having a good understanding of oneself and having a sense of purpose or direction in life can lead to a greater sense of fulfillment and satisfaction, and can provide a sense of direction and motivation in decision making process. It also can improve one’s relationships with others and can lead to a more positive and resilient attitude towards life’s challenges.