The Sunday Transmission thought of the week:
The surest way to increased stress is limited choice.
How often do complaints about a commitment get thrown around? Pretty fucking often – whether joking or serious, the feeling of being stuck in a position is stressful. The idea of having few alternatives and having to stick out an unfavorable situation drives up stress and having choices with steep consequences is limiting. Either situation may force the brain to make compromises and justifications in order to make it through such a situation.
This week I am reminded of the power in having choices. Specifically, choice in income and financial stability.
Anyone paying attention to financial advice or interested in personal finance has undoubtedly heard about diversifying portfolios and multiple income streams. While powerful in practice, it is too narrow. From a wider perspective, this is really a promotion of choice; as in, when one income stream or investment dries up or goes sideways, you’ve got the other diversified options to lean on.
The future is unknown and to put on the blinders and follow one path is potentially setting up an eventual realization that the walls have closed in and there is no reasonable or quick way to pivot. Responsibilities, expenses, and time are working against you and the later on you may be, the harder it is to change course.
Always aim to provide yourself choices and you reduce the risk of getting stuck without an alternate path. Keep your eyes up and scanning the surroundings for potential opportunities and lose the blinders – else you are only hurting yourself.
Yours in strength,