Answer:
Indeed, I believe that each person must identify their personal philosophy in order to determine what their goals are in life, and the way in which they can be achieved. Otherwise, if the person does not identify what ethical and moral values make up the philosophical component of it, he will most likely be involved in situations that will be uncomfortable from a personal, ethical and moral point of view. In short, knowing what one's personal philosophy is is necessary for greater mental and sentimental stability.