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229-Think Slow, Move Fast, and Prioritize Your Life (a.k.a. Why We're Moving!)

Radical Personal Finance

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How to Prepare for a Recession

In the next recession, many of you who are listening will be laid off from your jobs. What i was doing was practisinga ocess of war gaming with you to expose you to a way of thinking that you possibly weren't thinking about previously. The best word i know for this is the word i used, war gaming. They're trained constantly, again and again and again in the practice of, if this, then that. Here's an emergency situation. What do you do? And they drill and they drill, and they drill,. So we can learn to moderate those human responses by thinking carefully and slowly in advance and running those scenarios.

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