【Financial Freedom】THREE IRON RULES TO KEEP IN MIND BEFORE SELLING TIME (TOP)

in #money7 years ago (edited)

Now you can recite:
The so-called financial freedom of personal means that a person can no longer have to sell his own time to meet the needs of life.

And now you know:
Financial freedom is not a destination at all, that’s just a landmark , and then there is a long way to go (the name is growth).

And now the goal is clear:
After you have passed that landmark , can sell anything but don’t sold your time.

Time is the only a scarce and nonrenewable resource, so we always use “precious” to describe it. At the last minute of your life, you can make a calculation, use the value we create as a molecule, take the time we spend as a denominator, and figure out a value: the “value efficiency” of life. I believe that the difference in value efficiency among different people can be vastly different.

Let’s go back to the road to financial freedom, right now you avoidless have to sell your time before reaching this landmark, and this state will continue for quite a long time. In the stage where you have to make the necessary changes in your life, don’t just take a job as a job, it really is selling their lives. Time is life, “selling life” is really a profound description, isn’t it?

So in order to avoid some detours you have to sell your time wisely and correctly during this period. We need to know that anything is sold as long as someone sells it, and usually a person can combine the dual identities of both the buyer and the seller, and that’s the same thing: you sell your time, but also inevitably but others time. A savvy trader both knows the two most basic things to do before trading: the bottom line of a transaction and maximize the trading rules of their own interests. Both the buyer and the seller should make clear their own interests.

Here are three rules that you need to understand before trading hours, which can be viewed as the bottom line of trading in time, but different from trading in financial markets, where the bottom line is the boundaries of some regulatory policies. And if you want to financial freedom in the time of the exchange market, your bottom line can be far more than “not illegal” so simple. In fact, the threshold of time trading is very high, so that only a few people can struggle to get to this line, and then take a relatively mature mind to go to the landmark of financial freedom.

FIRST RULE: GROWTH IS THE FUNDAMENTAL KEY

Say again, success is not the end, it’s only one of the many milestones. Many high schools in our country, there will be teachers to mobilize students before the college entrance examination, “if you are how, you can succeed in the battlefield of the college entrance exam!” You see a good achievement in the college entrance examination is “successful”, then the success is not one of the many landmark s for life but the end? Growth is the eternal needs.

Why have we been so concerned about whether the use of landmark thinking? Or why so opposed end-point thinking? I had to look forward tens of millions of years, a long time in the depths of our genes rooted in one thing: once and for all thinking. Modern people are still very instinctive hope, can quickly see their life end point (after that they only want to eat and leisure everyday), because in hard times, our ancestors just completed reproductive almost exhausted all, now you can also see a lot of species that die after mating in nature. But modern people spend so much time walking to this stage that we have enough conditions to make us have a long life after mating, and create more valuable civilization. So a few of us are aware that what happens in our lives should not be the end, it’s just a landmark. And they later became people with financial freedom in the crowd. Essentially, this landmark thinking reflects the spirit that when people’s genes are still far behind human civilizations, some rely on the power of thinking to break the limits of what our genes do to our behavior.

IN ORDER TO GROW UP, YOU HAVE TO CHOOSE.

Don’t be misled, believe the words like “you have no choice” or something. The absence of a choice is really few, that not the probability of seeing an advertisement absolutely.

In most cases, especially on almost all important nodes, you have a chance to choose. Like as an iron law you can also choose to perform firmly or for reference only. All of the final things are chosen by themselves. Many people are completely unaware that they can always have a choice, and of course not know how to judge when they have a choice.

This one of criteria to judge choice is enough: my choose that can make me accumulate more ability?

Now the takeaway is very developed. When I take the takeaway, I often think that so many people sell their time at such a cheap price, and then they are totally unable to accumulate the ability. What do they do in the future?

There is also a conflict with the road to financial freedom, and with more deceptive than a low salary job is, the so-called steady job (which may be highly salaried). If you think about it, “stability” is like a hotbed, no breakthroughs, no need to grow, and no need to learn further. There may be some self-righteous accomplishments (mostly from stability) in doing this kind of work, but because there is no growth, so it is impossible to financial freedom all their life.

The first that everyone may be think of is the civil servant, but I have to give another sad example: the elementary school teachers and the middle school teachers. The steady nature of the work determines that people in the entire industry need only to stably teach textbooks that have remained unchanged for decades. Therefore, the overwhelming majority of teachers will stop growing after working for two to three years and will no longer have the ability to accumulate, nor will they be able to obtain real effective new capabilities.

In the imaginable future, the landmark s of financial freedom are always far away from these people and are getting farther and farther away. They may face that landmark , and they have a heart that wants financial freedom. But if you are just no progress, how can we get closer to the goal, even you try again? Efforts for a long time, but no growth in ability, that is no hope.

A fact that can’t be ignored is that the world is getting better. In my opinion, a manifestation of a better world is that truly capable people will not be buried. In a time when the cost of information flows is getting lower, the possibility of truly capable people being buried is close to zero. The more powerful people are, the faster they are, and then more new abilities, and then stronger. Therefore, the difference between people, on the surface can not see, in fact, but very different, even infinite: the difference in ability to accumulate. Therefore, every choice you make must be based on the ability to accumulate. At each choice, you have to consider what skills you still need, and whether new choices help you to develop your existing abilities.

There’s a trap here: when many people are making choices, consider is, whether my past ability can be used after this choice?

This is still “end-point thinking”, not a “landmark thinking”. It is because of this, that most people are less likely to acquire new abilities. Because they have unwittingly been imprisoned by their own existing abilities.

The real right way of thinking should be: After this choice, can help me improve that has the ability, and what new ability I can get.

I will later, in one breath and the other two iron law also updated. This is also on the other side to tell you: how important it is to be ready for thinking and action before you get on the road. If the three iron rules of the bottom line of trading are to prepare for the right trade time, so the importance of the first is the most important in preparation. So, no matter how to pay attention to it and think about it, it’s all right.


【The previous chapter】
——Do you really understand what is "financial freedom"?——

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