How much wisdom is in the old saying, “plan for the worst, but hope for best”? In this episode, Julien and Kiersten Saunders (@richandregular) argue against our cultural staple of indefinite optimism. There is now enough data to suggest that most working-age American’s financial forecast should include plans for a sudden job loss or significant disruption income. Nobody likes to imagine the worst case scenario, but it may be the key to building financial resilience. 

We cover: 
Income volatility and the probability working-age American’s income is likely to be disrupted
The most vulnerable demographic groups for wage stagnation 
What the ‘Two Income Trap’ is 
How to practice pessimism in the short-term and the long-term 

Full show notes and resources can be found here: www.richandregular.com/listen 

Connect with us in the Success Achievers Community where we host monthly training on a range of topics! It’s completely free to join and there are opportunities for networking, courses and special events. Visit: www.richandregular.com/achievers

This episode is sponsored by BELAY. Text the word SUCCESS to 55123 for your free download from BELAY or visit belaysolutions.com/success

How much wisdom is in the old saying, &ldquo;plan for the worst, but hope for best&rdquo;? In this episode, Julien and Kiersten Saunders (<a href="https://www.instagram.com/richandregular/">@richandregular</a>) argue against our cultural staple of indefinite optimism. There is now enough data to suggest that most working-age American&rsquo;s financial forecast should include plans for a sudden job loss or significant disruption income. Nobody likes to imagine the worst case scenario, but it may be the key to building financial resilience.&nbsp;
We cover:&nbsp;
<ul>
<li aria-level="1">Income volatility and the probability working-age American&rsquo;s income is likely to be disrupted</li>
<li aria-level="1">The most vulnerable demographic groups for wage stagnation&nbsp;</li>
<li aria-level="1">What the &lsquo;Two Income Trap&rsquo; is&nbsp;</li>
<li aria-level="1">How to practice pessimism in the short-term and the long-term&nbsp;</li>
</ul>
Full show notes and resources can be found here: <a href="http://www.richandregular.com/listen">www.richandregular.com/listen</a>&nbsp;
Connect with us in the Success Achievers Community where we host monthly training on a range of topics! It&rsquo;s completely free to join and there are opportunities for networking, courses and special events. Visit: <a href="http://www.richandregular.com/achievers">www.richandregular.com/achievers</a>
This episode is sponsored by BELAY. Text the word SUCCESS to 55123 for your free download from BELAY or visit <a href="http://belaysolutions.com/success">belaysolutions.com/success</a>

Not rich and famous. Rich & REGULAR. Sure, it would be great to be famous. But there’s a lot you can do on your income if you’re smart about it. Kiersten and Julien Saunders give out the tips and tricks but also dive deeper into the concepts behind wise money management.

Not rich and famous. Rich &amp; REGULAR. Sure, it would be great to be famous. But there&rsquo;s a lot you can do on your income if you&rsquo;re smart about it. Kiersten and Julien Saunders give out the tips and tricks but also dive deeper into the concepts behind wise money management.

Advertisement