What is the Yolo economy?

It’s fueled by anxiety around losses of loved ones, jobs or a sense of stability and normalcy, which pushed many millennials to reevaluate their professional priorities. The New York Times calls this phenomenon the YOLO economy, in which millennials feel more emboldened and risk prone.

Why do people make Yolo decisions?

Individual YOLO decisions can be chalked up to many factors: cabin fever, low interest rates, the emergence of new get-rich-quick schemes like NFTs and meme stocks. But many seem related to a deeper, generational disillusionment, and a feeling that the economy is changing in ways that reward the crazy and punish the cautious.

What is the purpose of the Yolo book?

The book has been refined over the years and is in its 5th edition for post-pandemic life. I literally wrote this book to help everyone who wants to YOLO to leave in a financially better position. Readers, how do you plan to take advantage of the YOLO Economy?

What is the semi-YOLO lifestyle?

I’ve been living the semi-YOLO lifestyle since 2012. The lifestyle entails doing exactly what I want to do when I want to do it. It is mostly because of living this lifestyle since a relatively young age that I feel rich. Yes, I gave up a crapload of money to be able to live free.