Building capacity for endurance and resilience requires space. One of the reasons it is hard to start saving and investing is because you first need to be able to handle the basic noise. You cannot build if there is nothing extra to build from.
The concept of extra can even trigger people as insulting. One of the biggest pushbacks I get as a campaigner for savings and investment is that for the vast majority of people, this seems ridiculous. When I start saying you need self-restraint, and to spend less than your income. The trade-offs people must make are often hard. “Nothing kills an activist like a mortgage and school fees”.
Life starts living people, rather than people living life. Responsibilities make people much more conservative because they have obligations. There is less capacity for flexibility because people have made commitments that are important to them.
Advice is usually autobiographical, because it is heavily dependent on the story of the person giving it and where they came from. These questions do not have easy answers, but how we create space is a beautiful question.
Early Growth is Fragile
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