Have you ever had a bad day, where it seemed like each little thing that happened pushed you further and further toward the edge of the cliff and then eventually – BAM – you were over the edge?
Its happened to all of us. But, what I’ve noticed is that some people reach that edge much more quickly than others. Some people are able to recover much more quickly than others.
Why is that?
I believe that it partially has to do with the amount of reserve the person has.
Here is a simple example:
You have $32 to your name. When the car all of a sudden stops starting and you find out it will cost $500 to fix it, that is a lot of stress. You had no reserve – in this case, of money – to be able to handle the stress.
If, instead, you had $,1000 in the bank and you had the same issue – it may still be stressful, but it doesn’t send you over the edge. You had a bigger reserve, which means that your better able to deal with the stress of the event as well as recover from it.
The idea of reserve doesn’t just apply to money. You also need a reserve of:
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