I need some help with the transition!
The last 8 months, I have been glued to the bi- weekly presentations of Chris (Many kind thanks!)
But now: I already have a garden for 15 + years, am willing to learn to do better, but hey! I am already producing more than I and my friends could eat! I let most of my 400 m^2 lot grow wild and still eat from it all year! My soil loves it! This lot could easily support a large family. I am not a people person, and not very able to connect.
About economics: A probably quite dense person like me falls asleep quickly! Right now, I have nothing to invest for now. So, even though I like to keep up, it makes me fall asleep easily…
I had no understanding of nor interest in economic years ago. I never cracked open a textbook and read from it. When I was young, my Dad used to try to ram financial info. down my throat. Instead of learning, I rebelled because of how he did that. Neither helped my distaste for ecomomics.
I feel the other reason for lack of interest was that was that I saw economics as this boring, bland science only about numbers. Numbers bore me, and I couldn’t see how any of it applied to me, or affected my life.
One thing changed all that. A very good friend of mine helped teach me the basics of the business cycle, some basics of investing, and etc. This was applied, it was practical. I saw how it related to my life. I cared because I saw how it directly affected me, my bottom line, my lifestyle, my future possibilities.
I slowly realized that economics affected everything, from whether single Moms would have enough to feed their kids, to how much I pay for meat at the store to what type of house was most likely to be built across the street from mine. Economics touches almost every aspect of human (and now, animal/plant/aquatic) life.
Perhaps if you find the theory boring, you can do like many of us did and learn some practice first, then go back to understand the theory behind the practice. The practice definitely made the theory more interesting for me, and easier to understand.
I tend to be biased this way. I learned about computers many moons ago through trial and error. If I had just sat down and read computer science books, I would’ve completely lost interested in computing.
Does that make any sense?
Study the Amish. They do self-sufficiency, but the also know how to sell into the mainstream to earn enough cash to buy land — not financial assets.
If there are no Amish nearby, Mormons are really good at managing both physical, self-sufficiency assets and also moving in the more conventional business markets.
Financial/market theory is not only a bit boring, most of it is also wrong. As stockman says this week, there is no longer a market out there that is following conventional financial theories that I learned in my MBA program. Stocks are driven by manipulation and mass psychosis, not fundamental business value.
Another thought for us all. Nearly a century ago, local communities invented Savings & Loan associations where the poor could accumulate meager savings and it could be used by community members to borrow for starting a small business or buying a home. Deregulation and speculation (& fraud) killed them all.
Now Credit Unions try to serve that niche. Our local credit unions are very good about financial education. If you have enough for a checking account, put it in a good, local S&L (ask people which one is good). Then ask them for help.
Good luck. And of course, also ask specific questions here. If you let us know where you are, we’ll do our best to help.
Not sure which transition you mean?
Your plot could help make connections perhaps, if you have surplus herbs and can make up new plants from cuttings. Sage, rosemary, thyme, lavender. Does your plot have an apple tree ?
My economics: nothing to see here. Was just toying with the idea of a few shares (again) and then the pandemic blew up. Not going anywhere near it now.
My 2 worries are 1) protein, I may have to keep chickens or learn to fish and 2) antibiotics.
See if there is a NextDoor community page near you.
Being stuck: that will be the feeling of very many of our fellow human beings.
I make a list of projects and tasks to be completed each day, without being rigid.
After I retired in January, I first had a few AHAH!!! months: No boss and obligations anymore, and even 200$$ more to spend. Many very old malfunctioning or useless stuff removed and recycled.
But in June, the epidemic and personal obligations made me realize that all my projects were stagnating. (and I gained 15 Kg in 6 months!) So I realized that for new retirees, discipline is very important!
OK, I got really well educated about epidemiology, immunology, etc. and got very sharp about my biology background. I still garden quite well and my social contacts are fine. I grow Artemisia for a research experiment, and hope to harvest many seeds for next year’s project.
Many setbacks for all of us! We can try to be aware, but still; hardly anybody gets through this without some serious damage!
I can recommend fennel, for the 15kg.
Hi tg43, may i respectfully ask why you need antibiotics?
Hi Cribbage, I’m thinking long-term planning with the antibiotics. I very rarely need them for myself, certainly not currently. I’m open to alternatives for this.