I'm looking for ideas to add to the following:
*** Preparing for the 2020s
With the world increasingly in turmoil, you cannot assume that things
will continue as they are today. The world in 2020s will be very
different than what you see today. Here's what you should do now to
prepare yourself for the 2020s.
* Get an education. We're hearing a lot these days about how college
is a waste of time, and that it's better to go out and start a
business and get rich. From 1975:
http://www.tarleton.edu/Faculty/anewsom ... rticle.pdf
This may have been true during the huge credit bubble of the early
2000s, but it's less true today, and will be completely untrue by the
2020s. Starting with the fiscal crisis in 2008, the trend is that
less and less money is available for speculative businesses. Too many
people have been burned, and the trend is continuing. More and more,
investors are going to require proof that an idea will work and make
money, and they're going to require specific skills, skills that you
can get in college.
This means that you not only have to go to college, but you have to
actually learn as much as you can (as opposed to goofing off all day).
Every day you spend learning at college, every class you attend, every
homework assignment you complete, will be valuable to you in the
2020s.
* Use free time to develop skills. You can use me as an example of
this -- when I was unemployed, I used the time to develop online web
skills and develop Generational Dynamics. Do not waste time sitting
around drinking beer watching television, or attending parties. Use
online resources to develop skills, or else volunteer for projects in
your community, to develop skills that you can use in the 2020s.
* Develop a strong sense of ethics. Many people consider ethics and
morals to be old-fashioned concepts, and many of those people are now
bankrupt or in jail. The need for ethics and morals is trending
upward, and will be very strong in the 2020s. Do not assume you can
get away with scamming people, because you won't succeed for long.
* "Trust but verify". There are many scams going around today, and you
should not take anything for granted, but you should also not
automatically reject new ideas. Just check everything out before you
join or invest, and don't get involved in any scheme that harms
others, even if you've been harmed yourself.
* Avoid ideologies. The philosophy of everyone in Washington today --
the administration, the Republicans, and the Democrats -- is to throw
mud and point blame. Both sides are right in that sharply reducing
spending will trigger a financial crisis, and continuing to increase
debt will trigger a financial crisis. Learn to think for yourself,
and don't depend on people in Washington whose motives are suspect to
tell you how to think.
* Protect yourself, your family and your community. With banking
crises going on around the world, you should not assume that you're
immune. Look for ways to protect yourself. Stock up on canned goods
and candles for an emergency. Keep some cash "stuffed in your
mattress," as they used to do in the 1930s. Stay aware of what's
going on in the world. Remember the words of satirist Ambrose Bierce
from a century ago: "War is God's way of teaching Americans
geography." Don't find yourself caught off guard by a crisis in "some
country that nobody's heard of, with people that nobody cares about."
Crises have a way of traveling fast.