Ray Dalio

The main thing I'm trying to convey

is when people are ordinarily in an argument, they just argue.

And they don't know the ground rules, they don't have a process in place.

So if you look above it and you come up with whatever your rules are, it may be you could have domain,

It may be that you have a mutually agreed party that you would say, okay, let's plead our cases to and have them mediate it.

It could be a lot of different paths could exist to say, ah, I think that's a good path when we have a disagreement on how we plead our cases and then move beyond it.

But you need to have the path.

That's what I mean by principled level thinking go above it.

How should it be?

Instead of you know this type of thing, right?

We all need that in order to have successful relationships It's fundamental right when you got this and you're not going above it and saying why do you have this or how should this occur?

Then you've got trouble

It's the same for every individual, same for every company.

And if you understand this,

and you understand, well, there are three things.

The first is look at your income, your expenses, and your savings.

And then do a stress test so that you get yourself secure.

If you were to lose your income,

Or if the income were to fall beyond a certain level and you play that out, maybe that means you go get unemployment insurance or whatever.

How long can you live in an acceptable lifestyle and do you have a savings that is adequate for that?