Podcast: Rich and Regular

E11: Imagining your Worst Case Scenario

Episode Description:

In this episode, we argue against the American cultural staple of indefinite optimism. There is now enough data to suggest that most working-age American’s financial forecast should include plans for a sudden job loss or significant disruption income.   Nobody likes to imagine the worst case scenario, but it may be the key to building financial resilience.  

We cover: 

  • Income volatility and the probability working-age American’s income is likely to be disrupted
  • The most vulnerable demographic groups for wage stagnation 
  • What the ‘Two Income Trap’ is 
  • How to practice pessimism in the short-term and the long-term

In this episode we discuss

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Are you looking for a community of like-minded people who are just as passionate about personal development as you are? Then look no further than the Success Achievers Community.  And guess what?  It's free to join! Click here to connect with thousands of others around the world.

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