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Economic Decline and Stress in 2023+

Effortless English Podcast | Learn English with AJ Hoge

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The Solution Is Preparation

People need to prepare themselves before things happen. There's something called normalcy bias. We kind of don't prepare for changes, especially big changes. So a lot of people avoid preparing. They think, oh, well, I'll just wait until it happens. But then when it happens, it's much more stressful. If you live simply if the economy is bad, you're ready, no stress. If the economy is good, you save a lot of money,. even better than fantastic. Marcello: The thing that really reduced my stress about money was this needing less simplifying your life.

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