71–80 of 194 posts
Start with going over your latest bank or credit card statement and really think about where your money has gone and where it should be going.
"How do you eat an elephant? One bite at a time!"
Beyond that, consider the Epicurean Tetrapharmakos
https://en.wikipedia.org/wiki/Tetrapharmakos
especially point three. If you think about it, what you truly need to survive is easier had than you might think.
> “...I'm afraid that in this new reality my software/management skills won't be of any use in 6 months.” I’m curious: What do you mean by this?
It worries me that, as a huge percentage of the web runs on ads, if lots of industries get into trouble, the ad space will inevitably suffer as well. The cascading effect of that will most probably affect in a very obvious way every company I've worked for, layoffs will oversaturated the market and my current skillset will be insufficient to give me any competitive advantage.
Earlier quoted context omitted.
You should be looking at borrowing from a bank. The Fed does not lend to individuals.
So step one is "found a bank"?
I know that Launch School is doing a webinar about this topic the coming days, titled:
'How to Navigate a Recession for Software Engineers'
I am not affiliated with them, but here is the webinar link:
Math and physics carried me through two recessions so far. I never got rich, but also never poor.
Aim to be an expert in your field = what you love to do and you'll be fine. High performing people are unaffected during crisis.
I'm a "high performer", a core collaborator in a big open source project and a library maintainer of a few libraries with 10M+ weekly downloads on NPM. I have a BSc in CS and lots of "good" industry experience in strong start ups for long-ish ( 5 year ) durations. I'm definitely going to be impacted by this recession. I was impacted by the 2008 recession and I was impacted by the dot-com bubble. A lot of friends went…
Perhaps I'm projecting but I think that cloud skills will be the enterprise Java/.Net of this recession. There is a trough of skills and a pretty clear line, it reminds me of desktop apps to web apps around 2008 as well.
develop a flare for barter and trade. learn how to provide the things people actually need. general construction trades and adhoc engineering. farming. hunting fishing. veternary skills surgical skills midwivery dentistry. localized /offgrid/on site power generation. production of fuel from raw materials.