Tom Bilyeu
👤 SpeakerAppearances Over Time
Podcast Appearances
I'm not a guy, I don't lose sleep over much.
But when I stop and think about most people, I think the stat is the average American, if they're hit with a surprise $500 bill,
Um, they're not able to make it.
They are living month to month.
You've got 30 plus million people now, um, out of work.
It's, you know, it trying to figure out like, um, definitely basics, right?
Uh, you've got, make sure that you're spending less than you make austerity first, cut, cut, cut, get your expenses down to as low as they can.
A hundred percent.
Um, what, what I'm hoping for is that there's, um,
I don't know, there's something that we can see in this kind of transition where either you've got a new rising power and there's opportunity with that.
I'm trying to find that sort of ray of hope for people of what they can do to be proactive, either to generate more income if they've lost their income or to be more proactive in their 401k.
I think about...
personal finance the way I think about health.
And right now I worry that people are outsourcing everything to somebody else, to the government.
They have a wait and see approach.
And what I'm desperately trying to figure out for myself is what level of proactiveness of learning about their health they can do to try to weather this storm.
Because short of just saving and cutting expenses,
Well, let me ask it another way.
Then who, who should they be voting for?
Like when you talk about a beautiful deleveraging, which one you should probably define that.