Name: Follow These 5 Rules of Money & Never Work Again
Uploaded: 2021-12-21T17:40:59.000Z
Duration: 9 min 35 s
Description: VoiceTubeの動画で発音を聞きながら英語表現を覚えよう！学べる英語：

If you take a look at this chart, you  won't see anything unusual at first glance,  

未来形

but if you give it a closer look, you will realize  that almost 80 percent of the money that has ever  

been printed was printed in the last 2 years. Think for a moment, the US dollar was created  

back in 1792, more than 200 years ago, and out of  all the money that's in the economy, 80 percent of  

it was printed just in the last 24 months. If you are still confused, why is that scary?  

Then you probably hadn't heard what happened  in Zimbabwe in 2006 when the government began  

printing so much money that the currency became  so worthless that even a 100 trillion dollar note  

couldn't get you a loaf of bread. History is filled with such examples,  

from the German hyperinflation in the 1920s to  ancient Rome. Money has its set of rules and  

principles, and if you do not follow these rules,  it's going to bankrupt not just simple people  

but entire nations. A lot of times, people work  hard but still end up struggling financially,  

not because they are lazy but because  they are ignoring the rules of money.  

We have seen countless examples when lazy  people make fortunes while hard-working  

people barely pay the bills, so we end up  criticizing the system and complaining that  

life is unfair. That's why it's important to  master the rules of the game first because without  

them, get ready to struggle financially for the  rest of your life. But if you want to escape the  

rat race and achieve financial indolence, here are  5 rules of money that you must absolutely follow. 

But before we do that, make sure to give  this video a thumbs up, and let's dive in.

Capitalism is a system that a lot of people  don't understand how it works. That's why they  

struggle financially. However, the word itself  capitalism tells you everything you need to  

know about capitalism - CAPITAL. This is the only  ingredient you need to make it financially today. 

If you look at any rich people, you will realize  one common trait among all of them. They have the  

capital that keeps generating income. The bigger  the capital, the more it generates. So the idea  

behind capitalism is that if you have nothing  in the beginning, which is absolutely normal,  

your main job should be acquiring capital.  How you do that, is a different question.  

Most people don't understand that simple  fact, so they forever get trapped in  

the world where their only currency is  their time. Even if they end up making  

6 or 7 figures, they get a better car, go to  fancier restaurants or move to a bigger house  

and never build a big enough capital that would  grant them the freedom they so desperately want.

2. Money won't buy your time back A lot of people compare time with money.  

Haven't you heard the phrase time is money?  Time is money only when you trade your time for  

money, but overall, time is far more valuable, and  unlike money, time canэt be earned back. You can't  

go to work to buy more time. When the time passes,  it's over. You can't get it back. When your youth  

is over, you aren't going to become young again.  That period of your life will only exist in the  

past, no matter how much money you have. When you  are old, you cant' go back to being young even if  

you have all the money in the world. And that's  something people understand too late, especially  

when they are young. They imagine that life  will be amazing when they make a lot of money,  

but what they don't understand is that time  is ticking, and it's not waiting for them. 

Just because we live in this capitalistic world  doesn't mean that your entire life has to be about  

money because if you look at life in general,  money is just one out of many aspects of it.

I remember when I was back in college, I  literally used to live on pennies because  

I had to pay for my tuition, I had  to attend classes at the same time,  

and I had to work to pay the bills, so I did not  have enough time to work to make enough money  

to live comfortably that's why I lived  on pennies. I used to imagine that if I  

just make double the amount I do now or, God  forbid, triple the paycheck that I get today,  

I will be living like a king!  But when the day came, when I started  

making triple the amount I used to, I realized  that I needed far more, so I set another goal  

that I would settle when I will be making 10  times the amount I used to. But what ended up  

happening is that even when I started making 100  times the money that I used to back in college,  

I felt like that it was not enough. Every time I ask myself - how much is enough?! 

I mean, if you think about it, let's say you make  $1 million. That is a lot of money, it's enough  

to enjoy life, but it's not enough to get you  a $200 million yacht. But let's say you have a  

half a billion net worth, a yacht and a private  jet. You live in a palace, but to be honest,  

when you look up and compare yourself to these  billionaires, you are not even on the list!  

But even if you get on the list,  you'll look at the top of the list,  

where you will find people who literally have  hundreds of billions of dollars. Your $2 billion  

is not even money compared to their wealth. But even if you get your 200 or $300 billion,  

you can look around, and you will  find people who own entire nations!  

The constitution of that country literally says  that this person owns this country or this country  

belongs to this family (QATAR, Brunai). So, you  start wondering what is that point or what is that  

milestone where you can say that this is enough. My experience says that there is no such a point!  

You create that point. You  determine what is enough for you!  

The sooner you create it, the better! That doesn't mean you should stop earning money,  

but you should make it clear to yourself that more  money is not something you should solely focus on.

4. Savings for the sake of saving is dumb

We talk a lot on the channel about the  importance of saving but the truth is that  

saving money is actually, in many ways is dumb  because what's the point of money? What is the  

point of making money and then leaving it all? I  know that it's scary to think about that. But the  

harsh reality is that your time here on earth  is limited, and as we have discussed earlier,  

there is no way you can buy more time, so taking  all of that money with you to the grave is dumb. 

Before you start saving money, ask yourself a  simple question - why am I saving money? What  

is the purpose behind saving money? and  you should have a clear goal behind it. 

For example, to become financially  independent. Then you should set  

a specific number at which you will  consider yourself financially free.  

Build a plan on how much you are going to  save every month or out of every paycheck,  

how you are going to invest that money.  It will make the process much easier because  

from now onwards you know why you are saving and  what's the end goal and how you will get there. 

Because once you save enough  to build that capital,  

then you don't have to deny yourself the pleasures  that life has to offer no matter What happens? You  

know that you can rely on your investments  that generate enough to keep you afloat.

5. money grows on trees. I know that you probably heard  

the absolute opposite that money doesn't grow on  trees. I've heard that that countless times from  

my parents. Whenever I would ask my dad to buy  me something when I was a kid, he would reply,  

do you think money grows on trees!  But if you think about it, the concept  

of capitalism is exactly like the concept of  a tree. Have you ever tried planting a tree?  

It is not easy! It takes a lot of effort, and even  after putting all of the effort, it is not going  

to grow overnight. It takes years to grow when  you finally can enjoy the fruits! The same goes  

for investments. When you are building capital  or an asset, besides the amount of effort that it  

takes in the beginning to build, it takes years  for it to mature to finally start giving back. 

The rules of money do not stop here. The game of  money is both complicated and straightforward.  

However, when you master the rules,  it gets much easier to succeed. I  

am not by any means telling you to  make money as your first priority,  

however like it or not, it's going to  play an important role in your life.

I hope you guys have enjoyed this video  and if you did give it a thumbs-up,  

and if you're new around here,  then make sure to subscribe and  

turn on your notifications thanks  for watching and until next time.