How to Be Prudent in Your Life

A year's worth of cash in your bank gives you time to think, which is what a lot of people don't understand. Gjournier: If it came down to it and I lost all my income and I only had five, then basically I'd invest all of it. Increase your income by starting a cash flow business or just offering services. Don't try to start a business where the potential downside is very high. Like any chess player, any fighter, any business person is looking for asymmetric returns.

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