The Three Pillars is kind of a system to help with managing risk in life, the pillars are: Financial, Career and Family.
The idea is that if you have security on two pillars, you can have a higher lever of risk in one pillar.
For example: If you have strong finance and a supportive partner, You have security in the financial and family pillars. This allow you to take risk in your career, for example starting your own company or changing job.
If you for example have a job you like that gives you a good inflow of cash, and you have security in the family pillar, you can take more risk in the financial pillar, for example having a higher percentage of your capital invested in stocks.
Finally, if you have security in your career and financial pillars, you can take risk in you family pillar, for example this could be getting a child,or a pet.
I think it can be difficult to asses the security of your pillars sometimes, but the main thing is, don’t go without a job, and then take big financial risks. Or it might be a bad time to quit your job when your financials for some reasons is down the drain! And it might be a bad idea to get children when you don’t have a job, or if your can’t afford it.
I like thinking in terms of these three pillars when i think about where I am today, and how I can get to where I want.
Hope this is of some use to someone!
Cheers
-Samuraimannen
PS Thanks to Günther Mårder, credit for this idea to him!
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