E11: Imagining your Worst Case Scenario
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.
- 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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