6 Middle Class Habits That Will Keep You Broke Forever

Summary

Ce script vidéo révèle six habitudes de classe moyenne qui entravant la construction de richesse et donne des conseils pour les éviter. Il aborde l'inflation de style de vie, l'importance d'une épargne d'urgence, la réduction des impôts légitimement, l'accumulation du capital professionnel, la nécessité de travailler intelligemment plutôt qu'exclusivement dur, et l'évitement de la dette mauvaise. Chaque point est illustré par des exemples concrets pour inspirer le changement et la prise de contrôle financier.

Takeaways

• 📈 La première habitude de classe moyenne est l'inflation de style de vie, où l'on dépense plus en fonction de ses revenus croissants.
• 💰 Il est important de suivre la règle 50/30/20 pour allouer ses revenus : 50% pour les besoins, 30% pour les désirs et 20% pour l'épargne.
• 🏥 L'absence de fonds d'urgence est une mauvaise habitude qui peut causer du stress financier. Il est recommandé d'économiser 3 à 6 mois de dépenses essentielles.
• 🔐 L'automatisation financière aide à économiser plus d'argent en plaçant les dépenses et les économies sur autopilote.
• 💼 Les impôts sont inévitables, mais il existe des astuces légales pour réduire son impôt, comme les comptes 401k, HSA, IRA et 457b.
• 🎓 Le capital de carrière, c'est l'accumulation de compétences et de talents qui augmente les possibilités de gagner plus d'argent au fil du temps.
• 🛠 Le travail intelligent est essentiel pour réussir. L'utilisation de la leverage (amplification) peut transformer un effort limité en un impact exponentiel.
• 💼 L'investissement est une forme de travail intelligent qui permet de倍增 l'impact de votre argent sans effort supplémentaire.
• 🚫 La dette mauvaise est un piège financier. Il est préférable d'éviter de contracter des dettes pour des achats non essentiels.
• 🔄 La méthode AVALANCHE (avalanche) est une stratégie efficace pour rembourser les dettes en prioritisant celles avec les taux d'intérêt les plus élevés.

Q & A

Quelle est la première habitude de classe moyenne mentionnée dans le script?

La première habitude de classe moyenne mentionnée est l'inflation de style de vie, où les gens passent plus d'argent lorsque leur revenu augmente.

Quel est le conseil donné pour éviter l'inflation de style de vie?

Pour éviter l'inflation de style de vie, il est suggéré de suivre la règle des 50/30/20, où 50% du salaire net va vers les besoins, 30% pour les désirs et 20% pour l'épargne.

Pourquoi est-il important d'avoir un fonds d'urgence?

Un fonds d'urgence est important pour couvrir les dépenses imprévues et réduire le stress financier, en évitant de devoir emprunter pour payer des frais inattendus.

Quelle est la quantité suggérée pour un fonds d'urgence?

Il est suggéré d'avoir un fonds d'urgence équivalent à 3 à 6 mois des dépenses essentielles.

Comment peut-on économiser de l'argent plus facilement?

L'automatisation financière est suggérée comme une méthode efficace d'économiser de l'argent, car elle permet de placer automatiquement de l'argent dans les comptes d'épargne.

Quels sont les avantages fiscaux que les personnes de classe moyenne peuvent exploiter?

Les avantages fiscaux mentionnés incluent les comptes 401k, les comptes HSA, les IRA traditionnels et les comptes 457b pour réduire le revenu imposable.

Pourquoi est-il important de continuer à apprendre et à développer ses compétences professionnelles?

Continuer à apprendre et à développer ses compétences professionnelles est important car cela augmente le capital de carrière, ce qui peut augmenter les possibilités de gagner plus d'argent.

Quelle est la cinquième habitude de classe moyenne mentionnée dans le script?

La cinquième habitude de classe moyenne est de ne pas comprendre l'importance de travailler intelligemment au lieu de simplement travailler dur.

Quels sont les types de leviers mentionnés pour augmenter l'impact de son travail?

Les types de leviers mentionnés sont le code (lever de code) et les médias (lever de contenu), qui permettent d'amplifier l'impact de son travail et de générer des revenus passifs.

Pourquoi est-il préférable d'éviter la dette mauvaise?

La dette mauvaise est à éviter car elle représente des dépenses non essentielles et peut entraîner des coûts élevés en intérêts, ce qui peut empêcher de construire de la richesse.

Quelle méthode est suggérée pour éliminer la dette mauvaise?

La méthode suggérée pour éliminer la dette mauvaise est la méthode AVO (Avalanche de dette), qui consiste à payer les dettes avec les taux d'intérêt les plus élevés en premier.

Outlines

00:00

💸 Gestion de la richesse et inflation de mode de vie

Le premier paragraphe aborde le concept d'inflation de mode de vie, qui est une habitude courante chez les classes moyennes où l'on dépense davantage en proportion de ses revenus augmentés. L'auteur partage son expérience personnelle et explique comment elle a réalisé ce comportement après avoir commencé à gagner plus d'argent. Pour éviter cela, il suggère de suivre la règle 50/30/20, où 50% du salaire net couvre les besoins, 30% les désirs et 20% l'épargne. Cependant, il souligne que cela ne s'applique pas à tous et que chacun doit ajuster en fonction de sa situation financière personnelle.

05:00

🚗 L'importance d'une épargne d'urgence et de réduction d'impôts

Le deuxième paragraphe met en évidence l'importance d'une épargne d'urgence pour faire face aux situations financières imprévues. L'auteur raconte une histoire personnelle où un accident de voiture l'a amené à réaliser la valeur d'une telle épargne. Il explique également les avantages de réduire ses impôts légitimement, en utilisant des comptes tels que le 401k, l'HSA, l'IRA traditionnelle et le 457b. Ces comptes permettent de réduire le revenu imposable en plaçant de l'argent dans des investissements avant impôts.

10:02

🎓 Capital de carrière et travail intelligent

Dans le troisième paragraphe, l'auteur discute de l'idée de 'Capital de carrière', qui se réfère à l'accumulation des compétences et des talents au fil du temps, qui influencent les revenus potentiels. Il encourage à continuer à apprendre et à développer ses compétences pour augmenter sa valeur sur le marché du travail. De plus, il souligne la différence entre travailler dur et travailler intelligemment, en utilisant l'exemple du 'leverage' pour amplifier les efforts et obtenir un impact plus grand, comme dans le cas de l'écriture de code ou la création de contenu.

📈 L'utilisation de l'investissement pour accélérer la croissance de fortune

Le quatrième paragraphe traite de l'investissement comme un moyen d'utiliser le 'leverage' pour augmenter sa richesse. L'auteur explique que les retours du marché boursier peuvent doubler l'argent placé en un temps donné, sans effort supplémentaire de la part de l'investisseur. Il compare cela à garder de l'argent en cash, où il ne croît pas. Il suggère également d'utiliser des applications d'investissement pour commencer et mentionne un lien pour en apprendre davantage.

💳 Éviter la dette mauvaise et atteindre les objectifs financiers

Le dernier paragraphe aborde la dette mauvaise, qui est le type de dette contractée pour des achats non essentiels et qui peut entraîner des coûts élevés en intérêts. L'auteur recommande l'utilisation de la méthode d'avalanche de dettes pour réduire rapidement la dette en payant d'abord les dettes les plus coûteuses en intérêts. Il conclut en soulignant l'importance de ne pas se décourager face aux défis financiers et de se concentrer sur les objectifs financiers clés à atteindre avant 30 ans.

Keywords

💡endettement

L'endettement est un concept clé dans la vidéo, qui se réfère à la dette que les individus ou les familles ont contractée, souvent pour financer leur mode de vie. Dans le script, l'auteur partage son expérience personnelle de la lutte contre l'endettement et donne des conseils pour éviter de prendre des dettes toxiques, comme l'utilisation de cartes de crédit pour acheter des biens de consommation courante.

💡inflation de mode de vie

L'inflation de mode de vie est un terme utilisé pour décrire la tendance à augmenter ses dépenses lorsque son revenu augmente. Dans la vidéo, cela est mentionné comme une habitude courante dans la classe moyenne qui empêche les gens d'accumuler de la richesse. L'exemple donné est celui de l'achat de crème glacée coûteuse après avoir reçu un salaire élevé.

💡trousseau d'urgence

Le trousseau d'urgence est une somme d'argent mise de côté pour faire face aux dépenses imprévues ou aux urgences financières. Dans le script, l'importance d'un tel fonds est soulignée pour éviter le stress et la panique en cas de problèmes financiers inattendus, comme un accident de voiture nécessitant des réparations coûteuses.

💡automatisation financière

L'automatisation financière fait référence au processus de mise en place de systèmes automatisés pour gérer les dépenses, les économies et les investissements. Dans la vidéo, l'auteur recommande cette approche pour aider à épargner plus facilement et à prendre le contrôle de ses finances, en utilisant des exemples de son propre expérience.

💡impôts

Les impôts sont un sujet abordé dans la vidéo en tant que moyen de réduire la charge fiscale légitimement. L'auteur mentionne plusieurs comptes avantageux en matière fiscale, tels que les plans 401k, les comptes HSA, les IRA traditionnels et les plans 457b, qui permettent de réduire le revenu imposable en plaçant de l'argent dans des comptes spécifiques.

💡capital de carrière

Le capital de carrière est un concept introduit par le script pour décrire l'accumulation de compétences, de talents et de capacités tout au long de la vie, qui influence directement les revenus potentiels. Dans le contexte de la vidéo, l'auteur encourage à développer des compétences rares et demandées pour augmenter sa valeur sur le marché du travail et obtenir des promotions et des augmentations de salaire.

💡travail intelligent

Travailler intelligent fait référence à l'idée de maximiser l'efficacité et l'impact de son travail au-delà des efforts physiques. Dans la vidéo, l'auteur utilise l'exemple de l'utilisation de la programmation pour automatiser des tâches, ce qui permet d'augmenter la productivité et de demander des augmentations de salaire et des promotions.

💡aléas

Les aléas sont des événements imprévus qui peuvent avoir un impact sur les finances. Le script mentionne les aléas comme une raison pour laquelle il est important d'avoir un trousseau d'urgence, pour être prêt à faire face à des situations financières soudaines et potentiellement coûteuses.

💡endettement toxique

L'endettement toxique est un type d'endettement qui est considéré comme néfaste ou nuisible, comme celui contracté pour des achats non essentiels ou pour couvrir des dépenses courantes. Dans le script, l'auteur met en garde contre les dangers de l'endettement toxique et donne des conseils pour s'en débarrasser, en utilisant la méthode d'avalanche à inversement.

💡investissement

L'investissement est présenté dans la vidéo comme un moyen d'utiliser l'aléatoire pour augmenter sa richesse au fil du temps. L'auteur explique comment l'investissement dans les actions, en particulier, peut utiliser le pouvoir de la compound pour faire doubler son argent, contrairement à garder de l'argent en liquide où il ne générerait pas d'intérêts.

Highlights

Lifestyle inflation is a middle-class habit that keeps people from building wealth.

The 50/30/20 rule is a general guideline for budgeting: 50% needs, 30% wants, 20% savings.

Having an emergency fund is crucial for financial stability and peace of mind.

Financial automation can help save 3.8 times more money by making savings automatic.

Legal tax loopholes can be used to reduce tax burden, such as contributing to a 401k plan.

Career capital, the accumulation of skills and abilities, directly impacts earning potential.

Working smart involves leveraging your skills and talents to increase earning potential.

Leverage can amplify your efforts, turning small inputs into significant outputs.

Investing is a form of leverage that allows your money to grow exponentially over time.

Bad debt is a trap that leads to a cycle of financial stress and high-interest payments.

The avalanche method is an effective strategy for paying off high-interest debt quickly.

Understanding and setting financial goals is essential for long-term wealth building.

The importance of living within your means and avoiding lifestyle inflation to escape the rat race.

The psychological impact of having an emergency fund and how it reduces stress.

The benefits of financial automation and its role in effortless money management.

The concept of career capital and how continuous learning can increase your market value.

The power of leverage in both work and investment to achieve financial freedom.

The dangers of bad debt and strategies to eliminate it, such as the avalanche method.

Transcripts

if you ever try to get out of debt or

stop feeling broke chances are you

failed having spent seven years working

in finance I've witness middle class

habits that consistently keep people in

the rat race today I'm sharing from my

personal experience six of those habits

and how you can avoid them middle class

habit number one so I grew up lower

middle class we were never broke but we

were definitely extra careful about what

we bought my mom would always make sure

that we bought things on sale or at the

very least had a coupon handy so you

best believe when I received my very

first big boy paycheck in Corporate

America I was freaking out like I

thought I had made it like Mama we solve

poverty and I remember that the very

first thing that I did was I went to the

supermarket I walked along the aisle and

I grabbed a $6 pint of bed and Jerry's

chocolate therapy ice cream because I

don't know about you but growing up Ben

and& Jerry's was the bis ice cream brand

and then I think I bought it a few more

times that week and that's when I

realized middle class habit number one

which is lifestyle inflation

most middle class people decide to spend

more money as their income goes up maybe

you decide to take out a loan to buy a

new car move into a bigger apartment and

start buying organic free range avocados

the problem is when you start to spend

all the extra money you make you'll

never end up Building Wealth nasam talb

once said the three most harmful

addictions are heroin carbohydrates and

a monthly salary because eventually

you're going to become a prisoner to

your own job your golden handcuffs get

tighter and shinier because you need

your a bi-weekly paycheck to pay off

your debt and to sustain your new

Lifestyle the only way to break free or

to make sure that you never fall for the

golden handcuffs is to know exactly how

much money you should spend and save the

general rule of thumb is the 50320 rule

basically 50% of your take-home pay goes

towards your needs like housing food and

utilities 30% for your wants your

vacations entertainments and Mr magic

lamp and 20% to your savings so if

you're making about $6,000 a month3

would go towards your needs 1,800

towards your ones and 1,200 towards

savings for future Investments but you

need to know that the 50320 rule isn't a

one-size fitall solution it's just a

good starting Baseline to help you

understand your own personal financial

situation and then you can readjust the

ratio accordingly personal finance is

personal for a reason middle class habit

number two so back in 2015 I was doing

an internship in Ohio for the summer and

2 weeks before I was supposed to drive

back to New York I got into a really bad

car accident with four cars my car was

basically towed to the mechanic and they

said that it was going to cost around

$55,000 to fix and immediately I began

to spiral because I had no idea how I

was going to pay for $5,000 but I

absolutely needed to because I had to

drive up in 2 weeks and my sublight was

about to end but I think like 10 minutes

into my panicking I suddenly remembered

that I saved up an emergency fund for

stuff like this and that's when I

realized middle class habit number two

and it's not having an emergency refund

it's basically a cash Reserve that's set

aside for financial emergencies which

does not include a wild Night Out

Vacations or fried chicken Cravings the

money should only be used when all hell

breaks loose when your house gets

flooded when you're stranded in the

middle of nowhere and have no other

options basically when your life is

Fubar now this is really important

because you do not understand how much

your brain is constantly focusing on the

worst case scenario in case you're run

out of cash because you're in some sort

of emergency and you can't pay for it so

by having this buffer it really frees

you up mentally so you have less stress

you have more time to focus on other

things the good news is determining how

much you need in your emergency fund is

simple open up a spreadsheet and take

account of all your monthly expenses

rent loans bills the golden rule for

your emergency fund is to save 3 to 6

months of your essential expenses so if

that's $3,000 for you then you want to

save up to

$188,000 but I understand that saving

this much might seem impossible and

honestly I had a lot of trouble saving

this much too at first so for me I found

that the most effective way to save

money is with this thing called

Financial automation studies showed that

this helps you easily save 3.8 times

more money because everything is on

autopilot and you don't have to think

about it anymore it's the same strategy

that I've been using for years and has

allowed me to finally control my money

instead of it controlling me if

automating your finances sound

interesting to you I'm graning a free

challenge on July 1st while I'll show

you step by step how to automate your

money anyone can join but space is

limited so secure your spot today I'll

leave the link in the description and

again it's completely free and you can

win some great prizes next only two

things in life are guaranteed death and

taxes while everyone has to pay taxes I

realize that more often than not the

middle class are paying taxes without

actively thinking about how they can

legally reduce their taxes there are a

ton of legal tax loopholes that

middleclass people can take advantage of

which is what the wealthy do in fact did

you know that Warren Buffett one of the

richest men in the world with a net

worth of $134 billion actually pays less

taxes than his secretary although it's a

lot easier to reduce your taxes if

you're self-employed it doesn't mean

there aren't things you can do as

someone with a full-time job one of the

easiest ways is by contributing to a

401k plan but you can only have access

to one if your employer offers it but if

you don't then don't worry because I'll

share other ways to lower your taxes in

a bit a 401k plan is basically an

account that you can fill with pre-tax

money which you can then use to invest

in 2024 you can contribute up to $23,000

to a 401k which means that you can

reduce your taxable income by however

much you contribute the three other tax

advantage accounts to check out are

first in HSA it's a savings account

that's used to pay for current and

future medical expenses like doctor

visits or medicine you can contribute up

to and reduce your taxable income by

$4,150 in 2024 there's also a

traditional IRA which is similar to the

401K except you can open one up at any

time time and you can contribute up to

and reduce your taxable income by $7,000

if you're under 50 and $8,000 if you're

over 50 then there's a 457b plan for

government employees nonprofit

organizations and some for profit

companies you can contribute up to and

reduce your taxable income by

$23,000 middle class habit number four

so 2017 was probably one of the happiest

moments of my life because I graduated

college not because I completed a big

milestone as a first generation college

student which deserves claps all around

thank you thank you but because that

meant to me that I didn't have to study

read a book or take any more exams for

the rest of my life because I was

terrible at them but it wasn't until

maybe 7 months into my first job that I

realized that this would severely impact

my earning potential and this is when I

realized middle class habit number four

which is not understanding career

Capital C newort came up with this

concept called Career Capital which is

basically the accumulation of your

skills talents and abilities throughout

your life which directly impacts how

much money you can earn over time the

more you know the more you can do and

the more you can make in economics this

can be explained by the law of supply

and demand basically when you have high

career capital or skills that are in

high demand but there aren't a lot of

people who can do it then you

automatically position yourself to solve

problems that few others can as a result

employers are willing to pay a premium

for you if you want to become rich you

need to develop skills and talents that

others want and if you have have what

skills can you learn that will give you

a leg up from your colleagues like when

I worked in Corporate America I

dedicated 2 hours every week to teach

myself python a programming language so

I could finish my work a lot faster a

task that normally took someone 3 hours

to do I can now do in 10 minutes and the

whole reason for this was so I could

aggressively push for pay raises and

promotions and I don't know if you can

tell but I'm Asian and in Asian culture

you're kind of taught to be quiet keep

your head down and just do the work so

initially it was really hard for me to

ask vate for myself for raises and

promotions but because I had the skills

that clearly made my work stand out for

my colleagues I became a lot more

confident in asking for more money

middle class habit number five so my

parents are immigrants meaning that

growing up they always told me that I

needed to work hard if I ever wanted to

make it and out of my two other siblings

they especially emphasized this to me

because I consistently had the worst

grades in school and I took what they

said to heart I studied and I hustled

really hard to show them that I could do

it but after I graduated college and I

started working in finance that's when I

realized middle class habit number five

which was yes hard work is important if

you grew up poor it'll get you from

point A to point B but to get to Point Z

you need to work smart nval riec con

said one of the biggest separators

between those who make it and those who

just keep on trying is leverage it's

basically a concept that means

amplifying what you do imagine you're

throwing pebbles into a calm body of

water each Pebble you throw represents

your input you your effort into whatever

you're doing and when the rock hits the

water the ripple effect is the output

Leverage is what can transform your

Pebbles into Boulders and basically 10x

the size of your ripples the reason

Leverage is important is because we're

all limited by 24 hours in a day if

you're pizza chef and you can only make

one pineapple pizza an hour no matter

how hard you try to hustle you'll only

be able to make 24 pineapple pizzas in a

24-hour period it's a very linear

process but for the wealthy their

process is exponential they use leverage

so they can make hundreds of pineapple

pizzas in the same 24-hour period two

types of smart work with Leverage is

code leverage and media leverage which

is creating software and creating

content respectively both of these types

of Leverage allow you to scale your

output because all you need to do is

write a piece of code once and the

impact of it can compound over time with

zero marginal cost to reproduce it again

another example is before the internet

if I wanted to teach people about

personal finance I would need to find a

classroom that maybe 30 40 people can

fit inside of and I would need that

classroom every single time a new group

of people want to listen but now with

content leverage all I need is a camera

a computer recorded once and millions of

people like you can watch and listen for

as many times as you want but the

easiest and quickest way that you can

take advantage of Leverage is with

investing on average the stock market

returns about 10% a year meaning your

money will essentially double every

every 10 years without you needing to do

anything if you invest $6,000 a year

from 25 to 65 and an annual return of

10% you'd end up with a total value of

over $2.7 million on the other hand if

you just kept the money under your

mattress you'll end up with the same

amount you tucked away

$240,000 investing versus keeping your

money under the mattress is the

difference between using leverage and

not and if you're looking to start

investing I'll link the investing app

that I use below where you can get free

stuff if you invest at least $100 the

next middle- class habit is being okay

with bad debt nowadays it seems like

taking on bad debt is the cultural norm

people are using bad debt to buy

everyday things like clothes and

groceries which reinforces the mentality

that you can just use your credit card

to buy whatever you like even if you

can't afford it by the end of 2023

Americans had over a trillion dollar in

credit card debt which is the worst that

it's ever been but don't get me wrong I

love using credit cards because of all

the benefits it has but my rule of thumb

is unless I can afford to buy that thing

outright in cash I will not buy it with

bad debt credit card companies want you

to spend more because that's how they

make money if you can't afford to pay

the bill at the end of the month they'll

just charge you interest the problem is

the average credit card interest rate

nowadays is

27.9% which can easily turn your $300

Clothing Haul into thousands of dollars

if you're not able to pay it off in time

but if you already have bad debt the

quickest way to get rid of it is with

the AV launch method here's how it works

first decide how much money you can

budget off to pay off your debt every

month it could be $50 $100 or even

$11,000 second open up Google Sheets and

list out all your balances and the

minimum payments you need to make for

each one third order each debt from

highest to lowest by interest rates so

if you currently have a $1,000 credit

card balance with a 20% interest rate a

$2,800 credit card balance with a 10%

interest rate and a $177,000 car loan

with an 8% interest rate what you want

to do is make all minimum payments on

all your balances to avoid penalties and

if you have any money left over from

what you budgeted put it towards the

balance with the highest interest rate

in this example you would put your

leftover money towards the credit card

balance with that $1,000 number once

that debt is paid off you move on to the

next balance with the next highest

interest rates in the case the $2,800

credit card balance then you just rinse

and repeat which leads me is something

that you've got to start accepting and

it's that even if you're trying your

hardest to be better with money

sometimes you still might feel like

you're not doing enough and that might

be because you don't know the five

financial goals you need to achieve

before you're 30 click here to find out

what they are and what you need to do

before it's too late