Wealth Is Control
You can truly control your fate now.
It used to be almost completely out of your hands.
The nature of danger has transformed radically in just a few centuries — we used to have these dangers to contend with daily:
natural illness
animal predation
access to clean water
lack of shelter
lack of food
Today we still contend with the “the natural world” - however modern medicine, agriculture, infrastructure – these have drastically reduced the risk of succumbing to illness, starvation, or exposure.
However, this doesn't mean risk has vanished. It's merely evolved.
The New Risks: Financial Insecurity, Volatility, and Stagnation
In our sophisticated society, the dangers we face are increasingly financial.
Financial insecurity: The inability to meet basic needs like housing, food, and healthcare.
Job loss or underemployment
Unexpected medical bills
Disability or loss of a breadwinner
Volatility: Sudden economic downturns, job losses, or unexpected expenses that can derail our plans.
Market crashes
Natural disas…
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