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Personal Finance

Personal Finance

Ask yourself how could you destroy your financial health.

Before you worry too much about how to make more money make sure you have figured out how to not lose money. If you can manage to avoid these problems, you'll be far ahead of many folks and save yourself a lot of pain and anguish along the way.

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MORE IDEAS FROM THE SAME ARTICLE

Failure Premortem/ Kill the company: one of the applications of inversion, in which you imagine the most important goal or project you are working on right now, then fast forward six months and assume the project or goal has failed.

Marie Kondo, the author of The Life-Changing Magic of Tidying Up, uses inversion to help people declutter their homes.

It is a mental model, a way of thinking backward about what you don’t want to happen. It is about taking an idea upside down and thinking about what could go wrong.

Applying inversion to productivity you could ask, “What if I wanted to decrease my focus? How do I end up distracted?” 

Avoiding mistakes is an under-appreciated way to improve.

Inverting a good marriage can show you how to avoid a bad one.

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