Be open to alternative income sources from "summary" of CONQUER The CRASH-You Can Survive and Prosper in a Deflationary Depression by Robert R Prechter
The idea of being open to alternative income sources is crucial during times of economic uncertainty. In a deflationary depression, traditional sources of income may not be as reliable as they once were. This means that individuals must be willing to explore new opportunities for generating revenue. Diversifying income streams can provide a level of security that relying on a single source cannot offer. By exploring different options for earning money, individuals can better protect themselves against financial instability. This could involve starting a side business, freelancing, or investing in alternative assets. It is important to approach alternative income sources with an open mind. This means being willing to step outside of one's comfort zone and try new things. While the idea of pursuing unfamiliar opportunities may seem daunting, it is necessary in order to adapt to changing economic conditions. Being open to alternative income sources also requires a willingness to learn and grow. This may involve acquiring new skills or knowledge in order to take advantage of different income-generating opportunities. By being proactive in seeking out new ways to earn money, individuals can position themselves for success in a deflationary depression.- Being open to alternative income sources is about being flexible and adaptable in the face of economic challenges. By diversifying income streams and exploring new opportunities, individuals can increase their chances of surviving and even thriving during difficult times.
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