Steps to Personal Resiliency
Two steps:
- Ruthlessly suppress expenditure. Cut down every expense to the bone, to where you’re almost uncomfortable. This helps you get innovative. (Be careful. If you cross the line, your productivity/thinking capacity crashes HARD and FAST, so test often and fire quickly.) Gauge your progress by watching your monthly burn rate (consumables, food) drop.
- Pair your capital with your time and energy to invest in productive assets. That is, stuff that further erodes your expenses while enhancing your quality of life (less toxins in the home) and economic capacity (skills). Examples? Miiu is full of them, with tons more coming.
Do this alone, and you’ll be OK. If you’re good, you’ll be able to fend off a reversion to third world living standards. Do this with a market, however, and you will thrive, with an ever increasing standard of living.
-Shlok
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Aug 6, 2011
+1.