Who is the new rich?

"The first principle is absolutely not to deceive yourself, or you will likely be the best lie." This is what Nobel Prize winner Richard Feynman once said

I used to pack off private jets, flew over the Andes, ride world-class pistes, and taste many world wines. I live like a king, living in a very secluded holiday home, and sunbathing by the expansive pool. I can tell you a secret that belongs to me: these expenses are actually cheaper than rent in the United States. And if you can free yourself from the restrictions of time and place of residence, your fortune will automatically multiply three to ten times.

You know, this has nothing to do with the exchange rate. Financially rich and live like millionaires are two completely different things.

Why do I work less than four hours a week, making more money each month than in the past year?

I'll tell you the truth honestly: this is related to a group of silent civics who called "the new rich." The so-called new rich people refer to the life plan of abandoning postponement of enjoyment, creating a luxurious living style nowadays and using the new rich currency: time and mobility. This is an art, but also a science, we call it lifestyle planning.

Do not live life so hard, really do not have to. Most people, including the past, waste too much time trying to convince themselves that life will have to go through painstakingly. They will be willing to work hard nine to five nights in exchange for (occasionally) leisure weekends and "have been fired for too long You "a rare holiday.

The real value of money is multiplied by the W factor you can manipulate: What, When, Where, and Who. I call this "free multiplier factor."

On this basis, investment bankers who work 80 hours a week and earn an annual salary of 500,000 U.S. dollars are actually less "power-hungry" than new-rich workers whose annual salary is only 1/4 and whose annual salary is 1/4, The family is free to control when, where and how to live. When we compare the man-hours and income-based lifestyle, you will find that the former's 500,000 U.S. dollars is worth less than 40,000 U.S. dollars, but the latter's 40,000 U.S. dollars is more valuable than the U.S. $ 500,000.

The ability to choose is the real power. This book is about how to see and create options with minimal investment and cost. It is incredible that you naturally earn more money (a lot more money), the workload is only half of the present.

So, who is the new rich?

● Rescheduling personal calendar staff, he talked about a long-distance working contract, one tenth of the time to achieve 90% of the results, which are free to go skiing around, there are two per month Zhou family travel with.

● Cut out the least profitable customers and planners, who outsourced all her travels around the world, collecting rare historical documents and working remotely on her site to present her graphic designs.

● Choosing a student who desperately wants to take out his whole family (actually not much), he sets up an online video rental service that earns about $ 5,000 a month from the niche markets of a small group of HDTV enthusiasts. The two-hour week-long difference allowed him to run full-time for animal rights.

The options are endless, but the starting point for each road is the same: replace the original preset.

To join this event, you need to learn new vocabulary, use compasses from non-secular worlds, and re-calibrate your directions. Subvert your idea of ​​responsibility, discard the so-called "success" concept, we must change the rules.

Change the rules of the rules

"I can not give you a formula that guarantees success, but I can give you a formula for failure: always please everyone." - Herbert Beatrix Swap / Editor and US Editor; First Pulitzer Prize Winner

Most people walk with two legs on the road ─ ─ difficult I will walk with both hands, the underwear Waichuan to show my unique? No, usually not. I walked with two feet, the thongs worn in the outer pants, so far have been very stable.

If there is no problem, I will not make changes.

Only in the more efficient, or more interesting, different is good.

If all of us define or solve the problem in the same way, the result is not good. Then we should ask: If the opposite is true, do not follow the useless pattern. If the recipe is rotten, no matter how good a chef you are, it will not help.

The first job I did after I graduated from college was a data storage business. At that time, I found that most of the business development calls were not forwarded to the target audience for one reason: the goalkeeper. So I picked up the phone from 8:30 a.m. to 8:30 a.m. and 6:30 p.m. to 6:30 a.m., and for an hour, I not only avoided the secretary, I got it Meeting opportunities more than doubled. In other words, I use twice the time to get twice the result.

From Japan to Monaco, the basic rules for a successful new rich are striking from the single mothers who run the globe to multimillionaire drivers, and to others.

But first you have to remember a few basic differences.

(A) Retirement is to prevent future risk insurance

Like life insurance, a retirement plan should be seen as a precautionary measure against a dire situation: it has lost its ability to work and needs to be funded to survive. There are at least three reasons why the idea of ​​retirement as a goal, or ultimate relief, is problematic:

1. If you hate your job, it is predictable that you spend your most energetic moments in your work of disgusting. This is really undesirable - there is no reward to rationalize your sacrifice.

2. After most people retire, even the standard of living of a hot dog per meal can not be maintained. Generally speaking, the retirement period can last up to 30 years. Even a million dollars can only be regarded as a small sum. Inflation also consumes 2% to 4% of purchasing power each year. This plan does not work. Golden years can only be reworked in the hard life of the middle and lower classes, really bitter life ending.

3. If this plan really works, on your behalf is an ambitious, hard-working machine. If so, guess what? In the first week of your retirement, you will be bored to insert your bicycle spokes into your eyes; you may want to find a new job or create another company. This is not contrary to the original purpose of waiting?

I'm not saying that there is no need to prepare for the worst situation - I will raise 401 (K) and IRA [1] to the maximum cap and use the IRA for saving - but do not mistake that retirement is a goal .

(B) interest and energy are cyclical

If I give you tens of millions of dollars, want you to work for 15 consecutive years, work 24 hours a day, and then retire, are you doing? Of course not - you can not do it. You can not work that way, just like most people define their careers: Do the same thing eight hours a day until you can not afford to go or have enough money to stop early. Wild card cappuccino and endless work will prompt you to premature aging.

Work interspersed with rest is a necessary condition for survival, let alone for health. Capabilities, interests and mental endurance are ups and downs, so we have to plan accordingly.

The goal of the new rich is to distribute "mini-retirement" evenly throughout life instead of hoarding leisure and enjoyment to the end, only for retirement fools. Only when you work most efficiently, will your life be more productive and more enjoyable. You not only have cake, but also eat. My own plan is to go overseas for an additional month or intensive study (such as tango, boxing, etc.) after every two months of work.

(C) doing less representative of lazy

It's not laziness to do less pointless work and focus on what's more important to you. Most people can not accept this because our cultural tendencies reward individuals for their sacrifices, not their contribution to productivity. Few people choose (or have the ability) to measure the outcome of their work, but choose to measure the hours of work. The more time devoted to representing self-worth, the more people around them are constantly encouraging this idea.

The new rich, even with less working hours in the company, produce more meaningful results than the total of 12 non-new rich. Let us redefine "laziness" - endure the life outside the ideal, let the external environment or others affect your life, or accumulate a wealth of wealth, but life, like an outsider standing on the sidelines of the office window. Your bank account amount, or the time spent dealing with trivial or unimportant e-mail, will not change that. Focus on high productivity, not on busy.

(D) The point in time is always wrong

I asked my mother once, how she decides when to give birth to her first child, that is, me. The answer is simple: "Because we want to have children, there is no need to delay because the timing of having children is always wrong." So they made a decision.

For all the important events, the time is always terrible. Waiting for a good time to quit the job? The stars in the sky will never be in a straight line, life's traffic lights will never turn green at the same time. The world will not be against you, but it will not do everything to help you eliminate all the obstacles. Conditions will never be perfect. "Wait till one day" is a bad thing that will harm your dream into the grave. The list of advantages and disadvantages of the same bad practice. If this is important to you, and "one day," if you want to do that, go ahead and fix it all the way.

(5) Excuse me, not permitting

If this is not done to the heart of the people around you, then try again to explain your reasons. Whether parents, partners or the boss, everyone will be very emotional rejection of new ideas ─ ─ let them learn to be accepted as a fact. If potential damage is minor or can be repaired, do not let others have a chance to say no. Most people will stop you quickly before you start, but they will hesitate as you move toward your dreams. Learn to be a hassle maker, wait until you're really screwed up, say sorry again.

(Vi) Emphasize the advantages, do not improve the shortcomings

Most people have a few handy feats, while others are poorly knit. I'm good at creating products and marketing, but I do not get the job most of the rest. My body is suitable for carrying and throwing heavy objects, that's it, but I neglected it for a long time. I try to swim but it looks like a drowning monkey. I also play basketball, but it looks like a caveman. Then I started to learn martial arts, so I finally got it.

Use your talent, not to repair all the cracks on the armor, both effective and much more interesting. You can choose to multiply the results by strength; or choose to improve the weaknesses and grow gradually, but at most, only achieve the medium ability. Emphasis is placed on using the best weapon, not on constant repair.

(Seven) things must be reversed

Having too many good things is possible. Too hard or too much, but will lead to the opposite. Things that thirst for before are often seen, or appear too much, to become unattractive. Not only items, but also time. Therefore, lifestyle planning is not about creating extra boring time, that's harmful. What we want is to actively use the free time, what you want to do, not what you feel obligated to do.

(H) Just money can not solve the problem

The purchasing power of money representatives really can not be ignored (I also love money), but unlike we often think, to make more money is not the answer, because this attitude is partly lazy mischief. "If I have more money" is a constant delay in self-reflection, the determination to make the easiest excuse for enjoying life - now, stop waiting.

Using money shorts as a scapegoat allows work to take up all the time, and we can safely prevent ourselves from making any changes: "John, I want to talk about my emptiness. Every morning I turn on my computer and helplessly attack me immediately Like a punch in my eyes, but I have so much work to do! I have to spend at least three hours answering unimportant e-mails and having to call yesterday to turn down my potential customers. "

Let yourself be drawn to the quest for money, pretend it's a panacea, subtly create chores that keep you distracted, prevent you from seeing how meaningless your own life is - in your heart, knowing it's just a ghost, Since everyone is involved in a game of self-deception, it's easy to forget. The crux of the problem is not money.

(IX) Relative income is more important than absolute income

Nutritionists argue about the value of calories. Is a unit of calories a unit? Like a rose is a rose? Weight loss just consume more calories than intake? Or the source of calories is also very important? According to my experience with the top athletes, I know the answer is the latter.

That income? A dollar is a dollar? The new rich do not think so.

Let's take a look at this math problem that resembles the fifth grade in elementary school. Two diligent guys go to each other. A man walks 80 hours a week. B man walks 10 hours a week and earns $ 50,000 a year. When they meet each other at midnight, who will be richer? If you say B, you are right, and this is the difference between relative income and absolute income. Absolute income uses only one sacred constant measure of income: all-powerful, naked money. Jane's annual income of 100,000 US dollars, so the annual income of 50,000 US dollars, twice as rich as John.

Relative income uses two variables: money and time, usually in terms of hours. The concept of "annual salary" is not only unfounded, but also easy to deceive you. Now let's take a look at the real situation. Jane earns 100,000 U.S. dollars a year, 50 weeks a year, 2,000 U.S. dollars a week, 80 hours a week, so Jane earns 25 U.S. dollars per hour. John earns 50,000 U.S. dollars a year, 50 weeks a week, 1,000 U.S. dollars a week, but only 10 hours a week, so he earns 100 U.S. dollars per hour. In relative terms, John is four times more fortune than Jane.

Of course, the relative income must reach the minimum level at which the goal can be achieved. If I make $ 100 an hour, but only work an hour a week, I think the superstar-like luxury life is equal to the fantasy. Assuming that absolute income is enough to fulfill your dreams (not any arbitrary figure compared to the wealthy such as Jones), relative income is a true measure of wealth for the new rich. The top new rich people who think independently earn at least $ 5,000 an hour. When I graduated from college, my hourly salary was only about 5 dollars, and now I want to help you close to 5000 dollars ideal.

(X) to avoid the vicious pressure, willing to withstand the pressure of benign

Many hedonists do not know that not all stress is bad. The goal of the new rich people is not to eliminate all the pressure, definitely not. There are two types of stress, both of which are as bad as euphoria and dysphoria.

Distress refers to a noxious stimulus that causes you to become weaker, less confident, and less able. Vicious critics, harsh and unreasonable superiors, and falling dogs eat shit are all examples of vicious pressures that we all want to avoid. On the contrary, most people probably never heard the word eustress.

The word eu in Greek means "healthy", just like euphoria's usage. Constantly inspire us to move beyond the limits of behavior paradigm, eliminate the physical swimming body physical training, let us more bold risk behavior, are examples of benign pressure - the pressure makes people healthy and can stimulate growth.

People who evade outside criticism will eventually fail. What we have to do is to avoid vicious criticism, not to ignore it. Likewise, we can not improve without good stress. If we can create more benign pressure or use it for our lives, we can achieve our dreams faster, and the secret is to discern the differences between the two.

The new tribe actively eliminate the vicious pressure, but also very hard to find the benign pressure.

Look at what you are doing and ask yourself: "What happens if I make the opposite choice to the people around me? What would I sacrifice if I continued to do it for five, ten or twenty years?"

Note [1]: 401 (k) and IRA are U.S. retirement accounts. The employer pays employees a certain percentage of their salaries to their accounts and provides them with investment pensions of different risks.

(Source: "4 hours a week: get out of the busy life of 9 to 5, and become a" new rich. "" Timothy Ferris)