Correct

吃亏是福

/ chī kuī shì fú /
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Collocation

1
吃亏是福的古训
2
常言道,吃亏是福
3
俗话说,吃亏是福

Definition

吃亏是福

Literally means:

suffer losses is a blessing

Actually means:

today's loss means tomorrow's gain

吃亏 means incurring or suffering a loss.

This phrase means since no one is able to be the winner in every front, some minor loss once in a while should not be taken as a big deal. It also means that true fortune only favors those who are no afraid of being at disadvantage. To be in a disadvantageous position often means loss at the start. But such situation tends to bring out lenience and magnanimous in one's character a generous person will get more understandings and respects from others, and that will often help the person to avert misfortune or even change a temporary misfortune into good luck.

吃亏,受到损失。

吃亏是福,指做人不能事事占着便宜,吃点亏无所谓,只有不怕吃亏的人,才会真正有福气。吃亏虽然意味着个人有所损失,但是有利于培养宽厚与大度的性格。而宽宏大量的人,往往可以得到人们更多的理解和尊重,甚至可以消灾免祸,化祸为福。

Example

Used as a minor sentence, or as object or attributive. (作小句、宾语、定语)
1
ye
爷爷
jīngcháng
经常
duì
shuō
  
:
zuòrén
做人
néng
shìshì
事事
zhàn
zhāo
biàn
便宜
  
,
chī
diǎn
kuī
yàojǐn
不要紧
  
,
chīkuī
吃亏
shì
  
!

Grandpa often said to me: "Being a man can't take advantage of things cheap, it doesn't matter if you lose something, it's a blessing to lose!"

2
Yǒude
有的
shíhou
时候
zǒng
tīng
ye
爷爷
  
,
nǎinai
奶奶
shuō
chīkuī
吃亏
shì
  
jiù
tài
jiě
理解
  
,
wèishénme
为什么
chīkuī
吃亏
shì
  
?
guò
不过
yǒu
ràng
zhēnzhēnzhēngzhēng
真真正正
de
liǎojiě
了解
dào
liǎo
chīkuī
吃亏
shì
  

There are times when I always listen to Grandpa, Grandma said it is a blessing to suffer. I don't quite understand why it's a blessing to suffer. But once let me really really understand that it is a blessing to suffer.

3
Yǒuxiē
有些
rén
gēnběn
根本
zhīdào
知道
chīkuī
吃亏
shì
de
zhēnzhèng
真正
意义
shì
shénme
什么
  
,
jīngcháng
经常
cháoxiào
嘲笑
xiē
那些
liàng
气量
hěn
  
nénggòu
能够
chīkuī
吃亏
de
rén
shì
shǎguā
傻瓜
  

Some people simply don't know what it's really like to lose money, and often laugh at people who are angry and can suffer.