roommate and counting every penny to make sure  that I can make it until the end of the month  

室友，並計算每一分錢，以確保我可以讓它到月底。

has taught me a lot. I am still very careful  with money because I know what it means to cut  

讓我學會了很多東西。我對錢還是很謹慎的，因為我知道什麼叫 "斷"。

down on your meals to make the rent at the end of  the month. Back when I was a freshman, I wasn't  

在你的飯菜上下功夫，以便在月底賺取房租。當我還是個大一新生的時候，我還沒有。

thinking to make a lot of money, but I wanted  to get out of that desperate financial position  

想著賺很多錢，但我想擺脫這種絕望的經濟狀況。

because I had to make a lot of compromises.  I couldn't focus on my college because I had  

因為我不得不做出很多妥協。 我不能專注於我的大學，因為我有。

to work for hours every day to be able to pay  the rent. So my only hope was, once I graduate,  

每天要工作幾個小時才能付得起房租。所以，我唯一的希望是，一旦我畢業。

I will have the required skills to find a job that  will provide me with the comfort of free time.  

我將擁有所需的技能，找到一份能讓我獲得自由時間的舒適工作。

I will use that time to develop a business or  skills that will further increase my income. 

我將利用這段時間發展一項業務或技能，進一步增加收入。

It seemed like a reasonable plan; however,  it wasn't long enough that I realized  

這似乎是一個合理的計劃，然而，時間不長，我就意識到了

it wasn't as good as I thought because  I wasn't ready to wait a few years  

它沒有我想象的那麼好 因為我還沒準備好等上幾年

to graduate and then figure out what to do.  So I decided to try everything I could. I tried  

要畢業，然後弄清楚該做什麼。 所以我決定盡我所能去嘗試。我試過

to start an online business, got into real  estate, joined a little startup. And after  

要在網上創業，搞了房地產，加入了一個小小的創業公司。而後

years of commitment and hard work, I made it. When you don't have to worry about money,  

多年的承諾和努力工作，我做到了。當你不用擔心錢的問題，

trust me! Life changes. You no longer base  your every decision on how much does it cost. 

相信我生活改變了。你不再把你的每一個決定都建立在花費多少錢上。

You will suddenly have the freedom to do things  that are interesting to you, that matter to you.  

你會突然有自由去做那些你感興趣的、對你來說很重要的事情。

You will have the freedom to take a break from  everything and don't worry about the rent.  

你將可以自由自在地休息，不用擔心房租的問題。

You don't have to be a billionaire to  do that. It takes far less than that. 

你不一定要成為億萬富翁才能做到這一點。它需要的遠遠不止這些。


 So in this video,  

所以在這個視頻中。

I want to share with you some basic steps to  achieve financial freedom if you are just starting  

我想和大家分享一些實現財務自由的基本步驟，如果你剛剛開始

out or still on the way to do that.  
 

出或還在去做的路上。

Number 1 - Stay Cashflow Positive  
 

第1條--保持積極的現金流 
。

How good are you at managing your  cashflow? is eventually, what determines  

你在管理現金流方面的能力有多強？

how financially successful are you going to  be? If you have taken accounting classes, you  

你要在財務上有多成功？如果你上過會計課，你

probably know what cash flow is. But in college,  they teach that - Businesses have cashflow;  

可能知道什麼是現金流。但在大學裡，他們教的是--企業有現金流。

however, in life, we deal with the same problem.  We have to manage the inflow and outflow of cash.  

然而，在生活中，我們也要面對同樣的問題。 我們必須管理現金的流入和流出。

To keep your business healthy, you  have to make sure that there is  

為了保持企業的健康發展，你必須確保有。

more money coming in than going out, or at least  the amount of money that leaves the business  

進的錢比出的錢多，或至少是離開企業的錢的數量。

is equal to the amount that it receives.  It doesn't matter how much debt or expenses  

等於其收到的金額。 不管有多少債務或開支

the business has. As long as it generates  more cash than it loses, it's a good business. 

的企業有。只要它產生的現金比損失的多，它就是一個好企業。

Personal finance works exactly the same way.  It doesn't matter how much debt you have,  

個人理財的方式也完全一樣。 不管你有多少債務。

mortgage, student loans, car lease,  as long as you are cashflow positive. 

房貸、學生貸款、汽車租賃，只要你的現金流為正。


 2.  

2.

Don't take unnecessary responsibilities 
 

不要承擔不必要的責任
。

This mistake is literally one of the main reasons  why a lot of people are struggling financially.  

這個錯誤從字面上看，是很多人經濟困難的主要原因之一。

They might be cashflow positive, but then they  take a financial responsibility that they can't  

他們可能是現金流為正，但他們卻承擔了無法承擔的財務責任。

afford. I am not just talking about getting  a brand new car lease or credit card debt,  

負擔得起。我說的不僅僅是買一輛全新的汽車租賃或信用卡債務。

but they get into an expensive relationship  maybe or start a family. Don't get me wrong!  

但他們得到一個昂貴的關係 也許或開始一個家庭。別誤會我的意思！

I am not saying that starting a family is a bad  idea. But here is the equation, let's say your  

我不是說組建家庭是個壞主意。但這裡有一個等式，比方說，你的。

cashflow is balanced. You start a family, raise a  kid, your expenses increase, you get a second job  

現金流是平衡的。你成家立業，養育孩子，你的開支增加，你找到第二份工作。

or get a promotion, and your income rises as well. Not bad, right? 

或得到晉升，你的收入也會上升。不錯吧？

But as you keep getting older, your expenses rise  as well, and at some point exceed your income,  

但是隨著年齡的不斷增長，你的支出也會增加，在某些時候會超過你的收入。

so you become cashflow negative, and for the  rest of your life, you will be working hard  

所以你的現金流為負數，在你的餘生中，你將努力工作

to catch up with your negative cash flow, and  that's known as - generational poverty. You get  

以趕上你的負現金流，這就是所謂的--代際貧困。你得到

to the point where you don't have the means to  build capital that will get you out of poverty.  

以至於你沒有辦法建立能讓你脫貧的資本。

Most people today can't get financially  independent not because they don't work hard,  

今天大多數人不能獲得經濟獨立，不是因為他們不努力。

but rather they put themselves in a situation  where they have no other option but to spend  

而是將自己置於除了花錢之外別無選擇的境地。

every penny they earn. 

 

他們賺的每一分錢。

So, To keep your cashflow always  positive, you need to do, step number 3.

所以，要想讓你的現金流始終為正，你需要做到，第三步。

3. Build an investment portfolio  
 

3.建立一個投資組合
。

Around 4K years ago in a kingdom in ancient  Mesopotamia. There was a guy named Arkad who  

大約4千多年前，在古代美索不達米亞的一個王國裡。有一個叫阿卡德的人

was poor, like really poor. To escape poverty,  he worked hard to put food on the table; however,  

窮，好像真的很窮。為了擺脫貧困，他努力工作，把食物放在桌子上；然而。

when he received the payment for his service,  he put very little food on the table and lent  

當他收到服務報酬時，他把很少的食物放在桌子上，並借出

the rest of the money to a shield maker, who  then paid interest on the loan. Instead of  

其餘的錢給了盾牌製造商，然後由其支付貸款利息。而不是

spending that interest to improve his standard  of living, he lent it to another shield maker,  

把這些利息用來提高生活水準，他把它借給了另一個盾牌製造者。

thus growing his wealth even more. After repeating  this process for many years, his wealth grew  

從而使他的財富更加增長。重複這個過程多年後，他的財富增長了。

so big that he did not have to work again, and  ended up the richest man in that city, Babylon.  

大到他不用再工作，最後成為那個城市巴比倫最富有的人。


 You might not find a shield marker today to  

你今天可能找不到盾構機的標記了。

lend him your money, but there are clearly other  instruments that you can use to grow wealth.  

把你的錢借給他，但顯然還有其他工具可以用來增長財富。

Consider this. The S&p500 is an index that  measures the performance of the top 500  

考慮一下這個問題。標準普爾500指數是一個衡量前500家公司業績的指數。

US companies. Historically it had an average rate  of return of around 10 percent. This means that  

美國公司。歷史上它的平均回報率在10%左右。這意味著

if you put aside and invest just 1K dollars  every month into the SP500 when you are 20,  

如果你在20歲的時候，每個月只拿出1K美元投資到SP500。

by the time you get 50, you will have almost 2  million dollars ( $1,991,377). And That's just  

到你50歲的時候，你將擁有近200萬美元（1,991,377美元）。而這只是

with a thousand dollars. Imagine if you increase  that number every year to 2K or 3K or even 5K  

與一千美元。想象一下，如果你每年將這個數字增加到2千或3千，甚至5千

as your income grows, you will end up  with tenths of millions of dollars. 

隨著你收入的增長，你最終將擁有十分之一百萬美元。

That's how you keep your  cash flow always positive. 

這樣才能讓你的現金流始終為正。


 How to invest in the SP500 and how exactly does it  

如何投資SP500，它到底是怎樣的？

works, we have already covered that in a previous  video which link I will leave in the description. 

工作，我們已經在之前的視頻中介紹過，我將在描述中留下鏈接。


 But before we move on, here is a  

但在我們繼續之前，這裡有一個。

little disclaimer - we are not financial advisers,  and anything we say on this channel should not be  

免責聲明--我們不是財務顧問，我們在這個頻道上說的任何話都不應該被認為是對的。

taken as financial advice. You should do your  own research before making any investment.

視為理財建議。在進行任何投資之前，你應該做自己的研究。

4. Be liquid 

4.是液體

Don't go out and throw all of your money into the  stock market because investing isn't all sunshine  

不要出去把所有的錢都扔進股市，因為投資並不都是陽光的。

and rainbows. If you would put in a thousand  dollars into the S&P500 in June 200 7  

和彩虹。如果你願意在200年6月投入1000美元到標準普爾500指數中，7

and decide to withdraw it a year later because  you had an emergency. How much do you think  

並在一年後因為你有急事而決定撤銷它。你認為多少錢

you would have made on that thousand dollars? I  am sorry to say this, but Negative 50 percent.  

你會做的那一千美元？我很抱歉地說，但負50％。

You would need to wait another five years  (2013) just to earn your money back.  

你需要再等5年（2013年）才能賺回你的錢。

And that's how the market works. It jumps up and  down every day. Sometimes a crisis hits, and it  

這就是市場的運作方式。它每天都會跳上跳下。有時危機來了，它

might need a few years to recover. That's why if  you are serious about the stock market, you should  

可能需要幾年時間才能恢復。這就是為什麼如果你是認真的股市，你應

be in it for the long run to rip the profits. But to truly feel that you are financially  

是為了長期撕扯利潤。但要真正感覺到自己在經濟上的

independent, you need to be liquid. If something  goes wrong, you are not worried. You got fired,  

獨立，你要有流動性。如果出了問題，你不擔心。你被解僱了。

business is going south, a recession is around the  corner, no problem, you have got yourself covered,  

生意不景氣，經濟衰退在即，沒問題，你已經把自己搞定了。

you have enough cash to not worry about  the bills for at least six months.

你有足夠的現金，至少半年內不用擔心賬單。

5. Have a plan

5.有一個計劃

All of the things we have  talked about in this video  

我們在這段視頻中所談到的所有事情。

sound amazing, but how on earth do  you get the money to do all of that.  

聽起來很神奇，但你怎麼在地球上得到的錢 做這一切。

The only feasible option seems to win the  lottery. You can, of course try that, good luck! 

唯一可行的辦法似乎就是中彩票。你當然可以試試，祝你好運!

However you have another  option, plan your spendings! 

不過你還有另一個選擇，計劃你的消費!

You are not going to build a 6-month cash cushion  in a single month. You are not going to build a  

你不會在一個月內建立6個月的現金緩衝。你不會建立一個

million-dollar investment portfolio in a few  months. And guess what?! you don't have to! 

幾個月內就能擁有百萬美元的投資組合。你猜怎麼著!!!你不必這樣做!

Financial independence isn't the final  destination. The goal isn't just to make  

財務獨立不是最終目的。我們的目標不僅僅是讓

enough money and retire for good. Instead, to  put yourself in a position where you are not  

足夠的錢，並永久退休。相反，要把自己的位置，在你不。

going to base your every decision on how  much it cost. You are not going to accept  

你的每一個決定都是基於它的成本。你不會接受

that new job just because it pays slightly higher. You are probably going to continue working but  

那份新工作只是因為它的工資略高。你可能會繼續工作，但

instead working on things that matter to you the  most. With fewer financial problems, hopefully,  

而不是從事對自己最重要的事情。希望能減少財務問題，。

your life is going to be a little more colorful. 
 

你的生活將變得更加豐富多彩。


 I hope you guys have  

我希望你們有。

enjoyed this video. If you did, give it thumbs up.  And if you are new around here, then subscribe and  

喜歡這個視頻。如果你喜歡，請豎起大拇指。 如果你是新來的，那麼訂閱和

turn on your notifications. We are trying our  best to make great videos for you and hopefully  

打開您的通知。我們正在盡力為您製作精彩的視頻，希望能

help you achieve your financial goals. Thanks for watching and until next time. 

幫助你實現你的理財目標。謝謝你的觀看，下次再來。