1 min

  • Some things are worth worrying about, others a not.
  • Try to own less things that you cannot afford to lose. Things that you cannot afford to lose (a house, apartment, car...) should be insured (low fee, high deductible).
  • Plan your spending. 50/30/20 rule is a good place to start - first number is what percentage you get to spend, second is what you get to save, third is what you must invest.
  • Invest at least 20% of income.
  • Have a "pagalve" of at least 3 months of avg expenses. Increase accordingly to your level of paranoia
  • Do not worry about downturns. If you do everything listed here, you're reasonably prepared for it, whatever it looks like.
  • Do not worry about something you cannot do anything about.
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