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Ask HN: How can I prepare for hard economic times?

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Re: Ask HN: How can I prepare for hard economic times?

#301
post #291

Earlier quoted context omitted.

Your wife is not the norm and it does not give us any general info about vegetarianism being supposedly unhealthy.

Logic check: grandparent's observation, if verified, disproves a universal claim that vegan/vegetarian is healthier. This is general information.

Logic check... Get off your high horse mate. Nobody is claiming that the vegan/vegetarian diet is the best diet for absolutely everybody, that would be an absurd claim. Outliers can and will exist. Eg. You have people that get health issues from eating onions, it doesn't mean that onions aren't healthy lol.

Re: Ask HN: How can I prepare for hard economic times?

#303

Earlier quoted context omitted.

This is sound. The difference between "below my means" and "at/above my means" is having a bunch of cash on hand so layoffs and market crashes are annoyances rather than crises. Not everyone can do this, but if you can, it's worth it for your sanity alone. Also learn to cook. Cooking is infinitely cheaper than eating out. There are a lot of comments about streaming services, which is similar to "make your own coffee.…

>is having a bunch of cash on hand so layoffs and market crashes are annoyances rather than crises If you really planned well, getting laid off due to market conditions can be a blessing. I've allowed myself a 3 month sabbatical before and it was amazing. My costs were higher than I wanted them to be, so I started to stress (unnecessarily really) toward the end. I'm in a much better position now though. Edit: Health…

Your edit is good information to know. I didn't realize California's ACA marketplace won't let you enroll if you lose your job and have the option for COBRA until it's exhausted.

https://www.coveredca.com/special-enrollment/

Re: Ask HN: How can I prepare for hard economic times?

#304
post #296

Earlier quoted context omitted.

fear mongering about vegetarianism implies a distinct lack of food awareness

I forgot we all mustn't question the current narrative

Who are "we" and what is the "current narrative"? I'm afraid you'll have to elaborate, I'm a bit of a luddite.

If you'd like to discuss any problems with widespread vegetarianism in India, which again, includes hundreds of millions of people, then I'm happy to continue this discussion.

Re: Ask HN: How can I prepare for hard economic times?

#305
post #291

Earlier quoted context omitted.

Logic check: grandparent's observation, if verified, disproves a universal claim that vegan/vegetarian is healthier. This is general information.

Logic check... Get off your high horse mate. Nobody is claiming that the vegan/vegetarian diet is the best diet for absolutely everybody, that would be an absurd claim. Outliers can and will exist. Eg. You have people that get health issues from eating onions, it doesn't mean that onions aren't healthy lol.

Funny! I tried to structure my prior comment to you with the exact same "get off your high horse" content since you were aggressive in your prior comments to the grandparent commenter, but didn't want to broach site standards.

We appear to have come to the same conclusion, so I'll leave it at that. Best of luck out there.

Re: Ask HN: How can I prepare for hard economic times?

#306
You want to become as self-sufficient as possible. You want your own success and survival in life to be a function of your own agency - not controlled by a bunch of opaque institutions whose success has nothing to do with you. Learn to grow food, cook well, repair your own home/vehicles, etc. Physical commodities are also very valuable when the economy is in a downturn IMO - 500k worth of stocks is nifty and all, but you can actually _live_ and _survive_ in a 500k home, for instance.

Re: Ask HN: How can I prepare for hard economic times?

#307
post #305

Earlier quoted context omitted.

Logic check... Get off your high horse mate. Nobody is claiming that the vegan/vegetarian diet is the best diet for absolutely everybody, that would be an absurd claim. Outliers can and will exist. Eg. You have people that get health issues from eating onions, it doesn't mean that onions aren't healthy lol.

Funny! I tried to structure my prior comment to you with the exact same "get off your high horse" content since you were aggressive in your prior comments to the grandparent commenter, but didn't want to broach site standards. We appear to have come to the same conclusion, so I'll leave it at that. Best of luck out there.

No post body was provided.

Re: Ask HN: How can I prepare for hard economic times?

#308
post #40

Earlier quoted context omitted.

> As public inflation numbers increase, make sure you are getting a commensurate increase in salary. Because that's easy to do for everyone?

> Because that's easy to do for everyone Is it? I don’t think it is. Why do you think it is?

That was exactly my point. It's absolutely not easy to do. I laughed when I read that.

Re: Ask HN: How can I prepare for hard economic times?

#309

Earlier quoted context omitted.

Does the math pan out when compared against salary increases in tech? I happily DIY things, but for the joy of self sufficiency. USA software engineer bias: At several 100k raises possible (which you receive every year going forward), even 50k one time savings are drops in the bucket over the course of a career.

I've thought long and hard about this issue. Why DIYing makes sense for millionaires: 1. Depth vs breadth of skills: You could double down and become the most efficient software engineer, giving you great depth of skills and you could just pay people to do things for you. This leads to a boring life and a flat personality in my opinion. I know too many people who just know how to do one thing well. They are very bori…

Apparently your long and hard thinking skipped the economics part.

Re: Ask HN: How can I prepare for hard economic times?

#310
post #305

Earlier quoted context omitted.

Funny! I tried to structure my prior comment to you with the exact same "get off your high horse" content since you were aggressive in your prior comments to the grandparent commenter, but didn't want to broach site standards. We appear to have come to the same conclusion, so I'll leave it at that. Best of luck out there.

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