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I bet that a substantial majority of people's long term goals involve money to some extent. Want to live in a van and surf all day? You do actually need money
by strken 1y ago
I bet that a substantial majority of people's long term goals involve money to some extent.
Want to live in a van and surf all day? You do actually need money for that, particularly if you want to do it indefinitely.
- K0balt 1y agoSure, resource potential is important. But putting all of your eggs in one basket can push you into a corner, especially in the sense of -feeling- cornered. Options, even if they exist primarily in theory, are a force multiplier. For example; If you have a “good” job, but it is trending toward a flat trajectory, and you have a set of skills that requires a complex set of circumstances to be employed, it may be too risky to move to a new location simply because the downside is so severe. It can be a 1:4 bet paying 10:1 odds, a bet you definitely should take, but if losing means your family doesn’t eat, you can’t take the risk. If you know you can find a way to get by even with day labor if things go badly until you can stabilize your situation, you can take those beneficial risks. It’s a matter of being prepared to roll with the inevitable punches, and being able to make decisions based on the knowledge of that readiness. Being less fragile, even antifragile.