yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

My Tips for Dealing with Uncertainty Like What the U.S. is Facing Today


2m read
·Nov 8, 2024

But what can the individual do? And just to summarize, what can the collective do to stop or slow the decline that clearly, you know, you can measure has occurred?

First, be financially strong. Have a good income and balance sheet. Think about how many months or years you could live if you didn't have an income. The more financial security you have, the more maneuverability you have both to protect yourself on the downside and to take advantage of opportunities.

Know how to achieve a balanced portfolio; this is very important, I think, financially. And then, be with people—your community is the source of happiness. Psychologists have studied that, above a basic level, income is not a source of happiness. Community is the highest ranked source of happiness.

So, how you work well with others is crucial. I think meaningful work and meaningful relationships are vital to being productive and to also have the joy of those relationships. I think it is of paramount importance.

Then, also realize what the risks are. That's why I wrote them in the book. You know, the risks of—well, there are many kinds of risks. Do you understand those risks? And where are you? Where do you live? What are those risks?

It’s important to recognize that the world is domestically and internationally breaking into different ideologies and different economic systems, really. That happens state by state, as well as around the world.

Understand which are the places that are the best for you in those circumstances, and be aware of those risks.

More Articles

View All
Journey Through the Largest Cave in the World | Expedition Raw
We started our two-day journey through the jungle toward the world’s largest cave. We’re here to photograph this cave in 360-degree images. You know we have to descend into vast empty darkness. I have a cold sensation along my spine, feeling like, how on …
Economic profit for firms in perfectly competitive markets
In this video, we’re going to dig a little bit deeper into the notion of perfectly competitive markets. So, we’re going to think about under what scenarios a firm would make an economic profit or an economic loss in them. Now, as a reminder, these perfec…
Homeroom with Sal & Congresswoman Karen Bass - Wednesday, August 26
Hi everyone, Sal Khan here. Welcome to this Homeroom live stream. As always, I’m very excited about the conversation we’re going to have with our guest today, Representative Karen Bass. But before we get to that, I’ll give my standard announcements. Fir…
What EVERYONE Needs To Do With Their Money ASAP
What’s up you guys, it’s Graham here. So I want to begin this video on a very serious note. As many businesses and cities begin to shut down, cease operations, close schools, cut hours, and inevitably begin laying off workers, it’s really more important …
TIL: We Have Lost 50% of Wildlife Since 1970 | Today I Learned
So one thing that really surprised me was from 1970 to 2010. You know, in 40 years, we’ve lost over half our wildlife population. In 2014, there was this study that was done, and basically what they do is look at elephants and tigers and fish and all the…
Explore the Stunning Beauty of Laos's Louangphrabang | National Geographic
Set at the confluence of the Mekong and Nam Khan rivers, the port town of Luang Prabang in northern Laos is an exceptional combination of natural splendor and abundant spiritual traditions. [Music] The town was designated a World Heritage Site in 1995 for…