The ratio wasn't that different before the pandemic, where over 60 percent of Americans

在大流行之前，這個比例並沒有什麼不同，超過60%的美國人

did not have an extra thousand dollars in case of an emergency.

沒有多餘的一千美元以備不時之需。

And that's not because people don't want to save but rather because they are in that desperate

而這並不是因為人們不想儲蓄，而是因為他們處於那種絕望的狀態。

financial situation where they have no other option, especially the young people.

他們沒有其他選擇的財務狀況，特別是年輕人。

You get out of college, and you already have a huge burden on your shoulders (student debt)

你從大學畢業後，你的肩上已經有了一個巨大的負擔（學生債務）。

that will most likely keep you in that poor financial position, no matter how hard you

這很可能會使你處於貧窮的財務狀況，無論你如何努力

work.

工作。

A student debt, some credit card debts, maybe a car loan if you purchased a car while you

學生債務，一些信用卡債務，也許是汽車貸款，如果你購買了一輛汽車，而你卻沒有購買。

are still in college.

仍在讀大學。

The question is, how are you suppose to build wealth when every passing day that you are

問題是，當你每過一天，你就會發現你是如何創造財富的？

not paying your debts, your debts are growing.

不支付你的債務，你的債務就會增加。

And if 2020 taught us something, nothing is guaranteed.

如果說2020年教會了我們什麼，那麼沒有什麼是可以保證的。

You can graduate with a 200K dollar degree and yet you won't find a job because the world

你可以在畢業時獲得20萬美元的學位，但你卻找不到工作，因為這個世界

is changing.

正在發生變化。

Even if you work hard enough to pay all of your debts, you are probably going to have

即使你足夠努力工作來償還所有的債務，你也可能會有

a family and kids and a mortgage by then, which means more financial responsibilities

到那時，有了家庭和孩子，有了抵押貸款，這意味著更多的財務責任

and less savings.

和更少的儲蓄。

It seems like the system is designed in such a way to lock you in that position where you

似乎該系統的設計方式是將你鎖定在那個位置上，你

have no other choice but to keep working your entire life.

沒有其他選擇，只能繼續工作一輩子。

You see, when you are a kid.

你看，當你還是個孩子的時候。

You are not much worried about that because you have to go to school, then to college,

你並不怎麼擔心，因為你必須去上學，然後去上大學。

and you imagine that once you graduate, everything will be sorted out. 

而你想象一旦你畢業，一切都會得到解決。

You will find a good job, and that will be the end of your financial miseries; however,

你會找到一份好的工作，這將是你財務困境的結束；然而。

once you graduate and find yourself in that workplace, you understand that was just wishful

一旦你畢業，發現自己在工作場所，你就會明白這只是你的一廂情願。

thinking.

思考。

That's why here in this video, we will find out how to break that system?

這就是為什麼在這個視頻中，我們將找出如何打破這個系統？

How to get out of the rat race?

如何擺脫老鼠的競爭？

How to start building wealth?

如何開始積累財富？

And what is the 5/25 Rule?

那麼什麼是5/25規則呢？

So give this video a thumbs up and lets' get right into it.

是以，請為這段視頻豎起大拇指，讓我們直接進入主題。


 don't let the snowball effect destroy you

不要讓雪球效應摧毀你

This is literally the main reason why a lot of people are struggling financially.

這簡直是很多人在財務上掙扎的主要原因。

And people who understand this concept usually do pretty well financially.

而理解這一概念的人通常在財務上做得很好。

When a snowball starts falling from the hillside.

當一個雪球開始從山坡上落下。

As it rolls, the ball will pick up more snow, gaining more mass and surface area, and picking

隨著它的滾動，球將吸收更多的雪，獲得更多的品質和表面積，並採

up even more snow and momentum as it rolls down.

當它滾落時，會有更多的雪和動力。

When you are a kid, you don't have many expenses, but once you graduate and find a job, your

當你還是個孩子時，你沒有太多的開支，但一旦你畢業並找到工作，你的

expenses slowly start rising.

支出慢慢開始上升。

You want to move into a slightly better house, get a slightly better car, you start eating

你想搬進一個稍微好一點的房子，買一輛稍微好一點的車，你開始吃

out more often.

更經常地出去。

As long as you can afford that, that's not a big deal!

只要你能負擔得起，那就不是什麼大問題!

Right?

對嗎？

However, what happens usually is that your income doesn't always rise as much as your

然而，通常發生的情況是，你的收入並不總是與你的收入增長一樣多。

expenses, so you are forced to get a credit card debt, which is not a big deal, but then

支出，所以你被迫得到一個信用卡債務，這不是什麼大問題，但隨後

you get into a second debt, then a third and at some point you find yourself in a station

你陷入了第二筆債務，然後是第三筆，在某個時候你發現自己在一個車站裡

where no matter how hard you work, you just can't pay your debts. 

無論你如何努力工作，你就是無法償還你的債務。

While you are paying one of your debts, the second and the third is rising day by day

當你在償還你的一個債務時，第二個和第三個債務正在逐日增加。

since it accumulates interest like a snowball effect.

因為它像雪球效應一樣積累了利息。

Your debt is simply getting bigger and bigger day by day.

你的債務只是一天比一天更多。

So if you are in your 20s, don't get into unnecessary debt, and if you are already in

是以，如果你是在20多歲，不要陷入不必要的債務，如果你已經在

one, getting rid of your debts should be your first priority.

首先，擺脫債務應該是你的首要任務。


 2.

2.

follow Buffett's 5/25 rule 


遵循巴菲特的5/25規則

This exercise is simple but very effective.

這個練習很簡單，但非常有效。

It is practiced by the legendary warren buffet who built a net worth of around 100 billion

它是由傳奇人物沃倫-巴菲特（Warren buffet）實施的，他建立了約1000億的淨資產。

dollars without inventing anything says a lot about the effectiveness of this rule.

在沒有發明任何東西的情況下就獲得了美元，這說明了這一規則的有效性。

Over his career, he has made consistently great decisions that brought him to where

在他的職業生涯中，他一直做出偉大的決定，使他達到了

he is now.

他現在是。

Take a piece of paper and write down the 25 most important things you would want to accomplish

拿一張紙，寫下你想完成的25件最重要的事情

in your life.

在你的生活中。

It doesn't matter, whether it's career goals, traveling around the world, or learning a

這並不重要，無論是職業目標、環遊世界，還是學習一項

new language.

新語言。

List all the 25 things in order of importance.

按重要性順序列出所有25件事情。

If it's something super important, let be number 1.

如果是超級重要的事情，就讓它成為第一。

If it's the least important, let be somewhere down the list.

如果它是最不重要的，那就讓它排在名單的後面。

And then circle the top five most important things. 

然後圈出最重要的五件事。

Now the question is, what are you going to do with the remaining 20 things that you did

現在的問題是，你打算如何處理你所做的其餘20件事？

not circle?

不是圓的？

That's the challenge.

這就是挑戰。

Most people try to balance between all these things, which is one of the main reasons why

大多數人試圖在所有這些事情之間取得平衡，這是一個主要原因。

they can't get out of that desperate financial position.

他們無法擺脫這種令人絕望的財務狀況。

Everything you didn't circle just became your Avoid-At-All-Cost list.

你沒有圈出的所有東西都成為你的 "完全避免 "名單。

No matter what, these things get no attention from you until you've succeeded with your

無論怎樣，這些事情都不會得到你的關注，直到你成功地完成了你的任務。

top 5.

前五名。

We live in such an age where we have to make a million decisions a day, our attention has

我們生活在這樣一個時代，每天都要做無數個決定，我們的注意力已經

become the most precious resource, so corporations spend fortunes just to find out how to grab

成為最寶貴的資源，是以企業花費巨資，只是為了找出如何抓住

our attention as much as they can and your job is to stay focused on what's important.

我們的注意力儘可能多，而你的工作是保持專注於重要的事情。

I get it, you want to do all these cool things, such as learning how to play the guitar or

我明白，你想做所有這些很酷的事情，比如學習如何彈吉他或

travel around the world, but if you want to do better financially, you have to focus on

環遊世界，但如果你想在經濟上做得更好，你必須專注於

either mastering one craft or starting your own business.

要麼掌握一門手藝，要麼開始自己的事業。

But you might say, I don't have the time, I have to work to pay all my bills.

但你可能會說，我沒有時間，我必須工作以支付所有賬單。

That's why step  


這就是為什麼步驟

3.

3.

Delay gratification 


延遲滿足

If you take a look at your expenses, I am pretty confident that half of your expenses

如果你看一下你的開支，我很有信心，你的一半的開支

are wants and not needs which means you can survive if you get rid of them.

是想要的而不是需要的，這意味著如果你擺脫它們，你就能生存下去。

That Netflix subscription, your car loan, unnecessary expensive hang out with friends,

那份Netflix訂閱，你的汽車貸款，不必要的昂貴的與朋友出去玩。

a coffee that you could be making at home but instead, you chose to pay 3 bucks for.

一杯你可以在家裡做的咖啡，但你卻選擇花3塊錢買。

Whatever it might!

不管它是什麼

Find out how much you need to survive and only work enough hours just to pay your basic

找出你需要多少錢才能生存，並且只工作足夠的時間來支付你的基本費用。

bills so you will have enough free time that you can spend mastering your craft or building

賬單，所以你將有足夠的空閒時間，可以用來掌握你的手藝或建立

that business.

該業務。

Especially with the rise of the internet, you can start a million other businesses just

特別是隨著互聯網的興起，你可以啟動一百萬個其他業務，只是

by having an internet connection and a computer.

只要有一個互聯網連接和一臺電腦。

The point isn't to live super frugally your entire life.

問題的關鍵不是要你一生都過著超級節儉的生活。

Life is going to become boring then.

那時候生活就會變得很無聊。

But if you want to get out of that rat race, you have to sacrifice a few years of your

但是，如果你想擺脫這場老鼠賽跑，你就必須犧牲幾年的時間。

life and delay gratification.

生活和延遲滿足。

What's more important to you?

什麼對你更重要？

living your entire life Paycheck to paycheck?

你的一生都在為薪水而活？

Or living frugally for a few years and escape that rat race for good?

或者節儉地生活幾年，永遠地逃離那場老鼠比賽？

Or you can do it the other way around, where you will work at least 12 hours a day for

或者你可以反其道而行之，你將每天至少工作12小時，為

a few years but spend a minimum amount of money while saving most of your paycheck for

幾年的時間，但花最少的錢，同時把大部分的工資存起來，以備不時之需。

a few years until you have saved for at least 12 months of expenses.

幾年後，直到你至少存夠12個月的開支。

Then you can use that money to invest, which is why you need step number 4.

然後你可以用這些錢進行投資，這就是為什麼你需要第4步。


 4.

4.

Focus on finding one great opportunity

專注於尋找一個偉大的機會

Let me ask you a simple question?

讓我問你一個簡單的問題？

What do you think is the best investment you can make? 

你認為什麼是你能做的最好的投資？

Real estate?

房地產？

Stock market?

股票市場？

Cryptos?

加密貨幣？

The answer is simple, the best investment you can make is the investment you understand?

答案很簡單，你能做的最好的投資就是你理解的投資？

It's not just about understanding how the stock market works?

這不僅僅是為了瞭解股票市場如何運作？

Or being qualified for a mortgage or anything like that but rather being so good in that

或有資格獲得抵押貸款或類似的東西，而是在那方面非常好。

field that you can spot one in a lifetime opportunity.

你能發現一生中唯一的機會的領域。

Remember, you just need to be right once.

記住，你只需要做對一次。

You don't have to predict the next trillion-dollar company, the next bitcoin and the next real

你不必預測下一個萬億美元的公司，下一個比特幣和下一個真正的

estate crash.

房地產崩潰。

All you have to do is be so good in one field that you can clearly see how this particular

你所要做的就是在某一領域非常出色，你可以清楚地看到這個特定的

technology or a company is going to dominate a certain industry and go all in.

技術或一家公司將主導某個行業，並全力以赴。

A thousand dollars invested in bitcoin in 2016 would worth around $148K today.

2016年投資於比特幣的一千美元，今天價值約14.8萬美元。

This means if you invested in bitcoin just 7K dollars in 2016, you could be walking with

這意味著，如果你在2016年只投資了7千美元的比特幣，你可能會帶著

over a million dollars today.

今天超過一百萬美元。

That kind of opportunities I am talking about.

我所說的這種機會。

Those who understood cryptocurrencies better than everyone else had a clear idea of how

那些比其他人更瞭解加密貨幣的人清楚地知道如何

they are going to change the world.

他們將改變世界。

The same goes for the stock market, or the internet, or the real estate.

股票市場也是如此，或者互聯網，或者房地產。

It doesn't matter!

這並不重要!

The next opportunity is right around the corner.

下一個機會就在拐角處。

All you have to do is be soo good in that field to be able to spot.

你所要做的就是在該領域有足夠的能力來發現。


 5.

5.

Focusing on producing instead of consuming 


專注於生產而不是消費

No matter who you are, rich or poor, old or young.

無論你是誰，富人或窮人，老人或年輕人。

We all have 24 hours a day; the question is, do you spend that time consuming what others

我們都有一天24小時；問題是，你是否將這些時間用於消費別人的東西？

are producing or producing what others will consume.

正在生產或生產別人將消費的東西。

Those who contribute the most to society are making most of the money and vice versa.

那些對社會貢獻最大的人正在賺取大部分的錢，反之亦然。

People who make Netflix shows probably make more money than those who binge-watch them

製作Netflix節目的人可能比狂看節目的人賺更多錢

all day.

全天候。

People who sell online products are making more money than those who use their credit

銷售在線產品的人比使用信貸的人賺得更多

cards to buy these things.

卡片來購買這些東西。

We are all divided into consumers and producers; if you are consuming more than you are contributing,

我們都分為消費者和生產者；如果你的消費多於你的貢獻。

then you shouldn't be surprised if you are barely making ends meet. 

那麼，如果你勉強維持生計，你就不應該感到驚訝。

That's why entrepreneurs usually make most of their money.

這就是為什麼企業家通常能賺到大部分的錢。

They come up with one innovation that has the ability to help millions of people.

他們想出了一個創新，有能力幫助數百萬人。

The more people it helps, the more money they make.

它幫助的人越多，他們賺的錢就越多。

I get it, it's not easy, you are constantly getting distracted, but start making that

我明白，這並不容易，你一直在分心，但要開始使之成為一種習慣。

shift in your life, start spending most of your time producing instead of consuming,

轉變你的生活，開始把你的大部分時間用於生產而不是消費。

and you will realize how slowly your financial situation will get better.

而且你會意識到你的財務狀況會慢慢變好。


 If you have enjoyed this video, you will most

如果你喜歡這個視頻，你將最

definitely enjoy this custom playlist that I have created specifically for you that has

你一定會喜歡這個我專門為你創建的定製播放列表，其中有

our most popular videos on business, investing, and the stock market that can potentially

我們在商業、投資和股市方面最受歡迎的視頻，有可能是

change your life.

改變你的生活。

And now give this video the thumbs up that it deserves and make sure to subscribe if

現在給這個視頻豎起它應得的大拇指，並確保訂閱，如果

you haven't done that yet.

你還沒有做到這一點。

Thanks for watching and until next. 


謝謝你的觀看，直到下一次。