Three Strategies To Make Your Life Easier As Times Get Harder
by Charles Hugh-Smith of OfTwoMinds blog,
ZeroHedge.com
09/26/2015
Times are going to get harder going forward, for all the reasons that are already visible in today’s headlines. So what can we do to make our own lives easier as times get tougher? Here are three suggested strategies:
1. Don’t get enmeshed with dysfunctional people, families or businesses. When we’re young, we’re adept at making excuses for people in dysfunctional families and enterprises. We expect them to work their way out of their dysfunctions. We think we can help in this process.
Alas, we can’t. People usually can’t rid themselves of dysfunction without an extraordinary effort. Getting enmeshed with a dysfunctional person/family/business can only drag you down. The only way to avoid the mess is to avoid the dysfunctional person/family/business in the first place. Wish them well and get out.
2. Be fanatical about reducing fixed costs. This sounds so obvious, but it’s really the key to surviving hard times and building productive wealth, i.e. the kind that yields income, rain or shine.
Remarkably, people may acknowledge this in an abstract fashion but few actually live by it. The vast majority let their fixed costs rise with their income. Businesses move to pricier digs once they start feeling flush, and people move up to costlier vehicles, homes, clothing, vacations, etc.
The Rest…HERE
