時間和財務自由了,但卻迷失了: 我花了10年才找到自己

MoneyXYZ
27 May 202418:47

Summary

TLDRThe YouTuber shares insights on the misconceptions of financial and time freedom, emphasizing that true happiness lies beyond mere experiences. After quitting his job in 2014, he initially found himself working even harder, but later discovered the importance of 'reflective happiness' over 'experienced happiness.' Through various life chapters, including entrepreneurship, travel, content creation, and building a community, he explores the deeper meaning of life beyond material success, advocating for the pursuit of personal growth and meaningful connections.

Takeaways

  • 🕒 The allure of time and financial freedom is often misunderstood as constant travel and leisure, but true freedom comes with its own set of challenges and the need for purposeful activities.
  • 🧳 The speaker's life as a YouTuber involves extensive travel and community engagement, which, while enjoyable, does not equate to the ultimate happiness or fulfillment.
  • 💡 Freedom itself is not happiness; it is merely a starting point that allows for the pursuit of happiness through deeper, more meaningful experiences.
  • 🛑 The speaker emphasizes that the initial phase of financial freedom was marked by hard work and long hours, far from the glamorous lifestyle often portrayed.
  • 🌐 The digital nomad lifestyle, though seemingly liberating, can be a double-edged sword, making it difficult to focus on either work or life effectively.
  • 📈 After years of hard work, the speaker experienced a significant reduction in working hours and gained more control over their time and finances, leading to a period of self-discovery.
  • 🍦 The script introduces 'Experienced Happiness' as temporary pleasures derived from immediate experiences, which are often short-lived and not deeply fulfilling.
  • 📚 'Reflective Happiness' is contrasted with 'Experienced Happiness,' representing a deeper, more enduring form of satisfaction that comes from building meaningful relationships, mastering skills, and pursuing personal growth.
  • 🔍 The pandemic served as an unexpected catalyst for introspection and reevaluation of the speaker's life, leading to a renewed focus on creating content and building a community.
  • 🌟 The creation of the MoneyXYZ channel represents a shift towards sharing knowledge and experiences that genuinely resonate with the speaker, leading to a sense of 'Reflective Happiness'.
  • 🌱 The speaker's journey from survival mode to a state of exploration and creation highlights the importance of gradually building the bandwidth to pursue a meaningful life, even before achieving complete financial and time freedom.

Q & A

  • What misconception about being a YouTuber does the speaker address in the script?

    -The speaker addresses the misconception that being a YouTuber equates to having complete freedom and happiness, clarifying that freedom itself is not happiness and that the reality of financial and time freedom is more complex than commonly imagined.

  • What is the difference between 'Experienced Happiness' and 'Reflective Happiness' according to the script?

    -Experienced Happiness refers to the immediate emotions or moods one feels, often related to current feelings and short-lived. Reflective Happiness, on the other hand, is a deeper sense of satisfaction that comes from building deep relationships, excelling in a skill, or finding purpose in greater goodness, and it often lasts longer and requires more deliberate and slower thinking.

  • How does the speaker describe the transition from a 9-to-5 job to entrepreneurship?

    -The speaker describes the transition as going from a structured 9-to-5 job to working more than 16 hours a day with only half a day off each week, indicating that the entrepreneurial journey initially involved much longer work hours and no real 'work-life balance'.

  • What does the speaker suggest about the relationship between income level and experienced happiness?

    -The speaker suggests that experienced happiness is not positively correlated with income level indefinitely. While it increases with income at lower levels, once a certain income level is reached, further increases in income do not continue to enhance the sense of experienced happiness.

  • How did the speaker's perspective on travel change over time?

    -The speaker initially saw travel as a way to find meaning in life and was proud of the freedom to travel. However, over time, the speaker realized that travel did not bring the expected meaning or lasting happiness, leading to a shift in perspective on the value of travel.

  • What role did the book 'The Geometry of Wealth' play in the speaker's understanding of happiness?

    -The book 'The Geometry of Wealth' helped the speaker understand the distinction between Experienced Happiness and Reflective Happiness, and it explained why the speaker's travels and consumption did not bring more happiness, leading to a deeper understanding of what constitutes true happiness.

  • How did the speaker's approach to content creation evolve after realizing the limitations of experienced happiness?

    -The speaker decided to start a new YouTube channel focused on investment and finance, sharing knowledge and personal growth, which led to the creation of the MoneyXYZ channel and the experience of Reflective Happiness through creation and sharing valuable content.

  • What changes did the pandemic bring to the speaker's life and work?

    -The pandemic led to a significant decline in the speaker's business income and a loss of physical freedom, but it also provided an opportunity to focus on stock investments and to start content creation again, leading to the establishment of the MoneyXYZ channel.

  • What is the significance of the community 'One New Bite' in the speaker's journey?

    -The community 'One New Bite' represents a new phase in the speaker's journey, where they found happiness and meaning through creating, learning, sharing, and connecting with like-minded individuals, and it has become a source of Reflective Happiness.

  • How does the speaker define 'true time freedom' in the context of the script?

    -The speaker defines 'true time freedom' as the ability to protect one's own time and choose to spend it on the most important things, rather than squandering it, indicating a shift from aimless freedom to purposeful and intentional use of time.

  • What advice does the speaker give to those who are still in 'survival mode' regarding the pursuit of life's meaning?

    -The speaker advises that one does not have to wait for absolute financial and time freedom to pursue the meaning of life. Instead, as income increases, one should consciously create time and space for self-reflection and exploration, even if it's through small steps or 'cheap tickets' to start the journey.

Outlines

00:00

🌏 The Illusion of Freedom Through Travel

The speaker begins by addressing the misconception that being a YouTuber equates to having ultimate freedom and happiness. Despite the enviable lifestyle with travel and community engagement, the reality is that true freedom is more complex. The speaker admits to initially squandering their newfound freedom through extensive travel, seeking meaning but finding it unfulfilling. They introduce the concept of 'Experienced Happiness' from 'The Geometry of Wealth', explaining how it relates to immediate, fleeting pleasures that don't necessarily contribute to long-term happiness or meaning. The paragraph concludes with a realization that there's more to life than the superficial joys of travel and consumption.

05:02

💡 The Pursuit of Reflective Happiness

This paragraph delves into the distinction between 'Experienced Happiness' and 'Reflective Happiness'. The speaker describes how financial growth initially increases feelings of happiness by alleviating immediate concerns and providing a sense of control. However, this type of happiness plateaus as income increases, suggesting a limit to the joy that material wealth can bring. The speaker then shifts focus to 'Reflective Happiness', which involves deeper life satisfaction through meaningful relationships, skill mastery, and purposeful pursuits. They share their personal journey of exploration, including failed attempts at various hobbies and the gradual discovery of a passion for photography and content creation, which ultimately led to a more profound sense of fulfillment.

10:02

🚨 The Pandemic's Unintended Consequences

The pandemic's onset brought about a loss of physical and financial freedom for the speaker, but it also provided an opportunity for introspection and redirection. With travel no longer an option, the speaker turned inward, focusing on personal growth and investment strategies. The downturn in business income was offset by the growth of stock investments, leading to a renewed sense of financial security. This period also marked a return to content creation, with the launch of a YouTube channel dedicated to finance and investment, 'MoneyXYZ'. The speaker found joy in sharing knowledge and contributing value to others, experiencing 'Reflective Happiness' through creation and community building.

15:03

🌱 Embracing a Newfound Sense of Freedom

The final paragraph reflects on the speaker's current state of life, focusing on the creation and sharing of knowledge, community building, and personal growth. They discuss the establishment of a community, 'One New Bite', which has become a source of joy and fulfillment. The speaker also talks about a shift in their approach to travel, seeking more meaningful and intentional experiences. They emphasize the importance of not waiting for complete financial and time freedom to pursue life's meaning, but instead, to actively create opportunities for exploration and growth as one's circumstances allow. The speaker concludes by encouraging others to join them on this journey of discovery and fulfillment.

Mindmap

Keywords

💡Financial Freedom

Financial freedom refers to the state where one has enough wealth to cover living expenses without having to work actively for basic necessities. In the video, the speaker initially associates it with the ability to travel and live life on one's own terms but later realizes it's not the ultimate source of happiness. It's a ticket to happiness, but not happiness itself.

💡Time Freedom

Time freedom is the autonomy to allocate one's time as desired without being constrained by work schedules. The speaker discusses how having control over their time didn't initially bring the expected happiness, leading to a reevaluation of how to use this freedom meaningfully.

💡Experienced Happiness

Experienced happiness is a term from 'The Geometry of Wealth' that describes the immediate pleasure derived from activities such as eating or traveling. The speaker uses this concept to explain why the initial joy from travel and consumption didn't lead to lasting fulfillment.

💡Reflective Happiness

Reflective happiness is a deeper, longer-lasting sense of satisfaction that comes from building deep relationships, excelling in skills, or finding purpose in life. It's contrasted with experienced happiness in the script and is what the speaker eventually seeks and finds through content creation and community building.

💡Entrepreneurship

Entrepreneurship is the process of starting and running a business. The speaker's journey into entrepreneurship in 2014 marked the beginning of their quest for freedom, involving long work hours and eventually leading to a reassessment of work-life balance.

💡Consumerism

Consumerism is the idea of acquiring goods and services in ever-increasing amounts as a measure of economic growth and personal success. The speaker mentions consumerism as part of their initial pursuit of happiness through travel and material experiences, which later they realize does not equate to true happiness.

💡System 1 and System 2 Thinking

These concepts from 'Thinking Fast and Slow' describe two modes of thought. System 1 is fast, instinctive, and subconscious, while System 2 is slow, deliberative, and logical. The speaker relates experienced happiness to System 1 thinking and reflective happiness to System 2 thinking.

💡Content Creation

Content creation is the process of making and sharing original content, often for an online audience. The speaker finds meaning and reflective happiness through creating a YouTube channel focused on investment and finance, which aligns with their personal growth journey.

💡Community

A community is a group of people sharing common interests or values. The speaker builds a community, 'One New Bite', which becomes a source of connection, shared learning, and a deeper sense of purpose beyond financial success.

💡Survival Mode

Survival mode refers to a state of living where one's primary focus is on meeting basic needs and overcoming immediate challenges. The speaker reflects on their past in survival mode, suggesting that it limits the ability to pursue deeper meanings in life.

💡Personal Growth

Personal growth is the process of improving and developing as a person, often through learning and self-reflection. The speaker's journey involves significant personal growth, particularly through learning about finance and investing, which leads to a more meaningful approach to life.

Highlights

The YouTuber's life offers full control over time and a degree of financial freedom, but it's not the true reality of financial and time freedom.

The so-called 'travel whenever you want' loses meaning when experienced, as freedom itself is not happiness, but a ticket to it.

The YouTuber emphasizes the importance of understanding the struggles, explorations, and reflections behind financial and time freedom.

In 2014, the YouTuber quit their job to start entrepreneurship, gaining control over time but not achieving true financial freedom.

Entrepreneurship involves working more than 16 hours a day, with no 'work-life balance', contrasting the 9-9-6 work schedule.

The YouTuber's work is not location-limited, but work follows them everywhere, making the digital nomad life less appealing.

After a year of hard work, the YouTuber found a great partner and an efficient team, reducing their working hours significantly.

The YouTuber faced the question of how to use newfound time and financial freedom, realizing they didn't know how to handle it.

Traveling as a financial freedom script didn't bring the expected meaning to life, leading to a search for deeper happiness.

The book 'The Geometry of Wealth' helped the YouTuber understand the difference between Experienced Happiness and Reflective Happiness.

Experienced Happiness is short-lived and related to current feelings, often tied to reducing unhappiness rather than increasing happiness.

Reflective Happiness requires more effort and time, involving deeper satisfaction like building relationships or finding purpose.

The YouTuber's attempts at photography and English teaching led to self-discovery and the realization of what they truly enjoy.

The pandemic forced a change in lifestyle, leading to a reevaluation of priorities and the decision to start a YouTube channel on finance.

The YouTube channel MoneyXYZ was created to share finance investment knowledge, leading to personal growth and reflective happiness.

The YouTuber emphasizes the importance of using time freedom wisely, choosing to spend it on the most important things.

Travel has evolved from a means of finding happiness to a form of reflective happiness, with intentional and immersive experiences.

Building a community, 'One New Bite', brought the YouTuber a sense of responsibility and deeper connections with like-minded people.

The YouTuber's journey shows that wealth and time are tickets to happiness, but the true meaning of life must be actively pursued.

Even in survival mode, it's important to create time and space for self-exploration and to pursue the meaning of life.

Transcripts

play00:00

(Subtitles Translated by AI) Many of my friends envy my life as a YouTuber

play00:03

where I have full control of my time

play00:04

and a certain degree of financial freedom.

play00:07

For example, I just finished a month-long trip

play00:09

where I visited Kyoto and Osaka

play00:11

and met several channel community members in Japan.

play00:15

I then returned home to see my family

play00:17

and held a community meetup in Beijing with nearly 40 people.

play00:21

In early May, I went to Taiwan

play00:22

and held a meetup in Taipei with 50 people.

play00:27

I do not deny that this sounds enjoyable,

play00:29

and it is how many people understand and imagine financial and time freedom.

play00:33

However, the truth is that this is not the reality of financial and time freedom.

play00:37

When you truly experience this kind of life,

play00:39

you will find that the so-called "travel whenever you want" has little meaning.

play00:43

Freedom itself is not happiness;

play00:45

at most, it is just a ticket to happiness.

play00:47

But once you get on the train,

play00:49

the road ahead is still full of obstacles,

play00:51

and there is a long journey to be taken.

play00:52

I know that many people, upon hearing this, may think

play00:55

that I am speaking without experiencing any real hardships

play00:57

and saying that money is not important,

play00:59

that people should pursue the kind of financial freedom that gives meaning.

play01:01

But making pretentious videos about being unhappy while having a lavish lifestyle is not what I want to do.

play01:04

Instead, what I want to do is share the four chapters of my life

play01:06

to tell you about the struggles, explorations, and reflections

play01:10

that I have experienced,

play01:13

as well as the subtle truths about time and financial freedom

play01:15

that I have come to understand.

play01:18

Chapter 1: Attaining Freedom

play01:21

In 2014, I quit my last full-time job

play01:23

and began my entrepreneurship journey.

play01:26

Although I gained control of my time,

play01:27

it was not true time freedom,

play01:29

let alone financial freedom.

play01:30

I went from a 9-to-5 job to working from 5 am to 11 pm every day,

play01:32

working more than 16 hours a day,

play01:36

with only half a day off each week.

play01:37

Compared to this, the 9-9-6 work schedule seems much happier.

play01:39

No one who starts a startup talks about "work-life balance".

play01:42

没有创业者会去谈论什么工作和生活的平衡

play01:45

The only thing in your life is to make money

play01:47

Although my job is not limited by locations

play01:49

But no matter where I go

play01:51

Work will follow

play01:52

This is more painful than going to a job

play01:54

That's why I haven't longed for the so-called digital nomad life so far

play01:55

Because it’s difficult to give you a chance to focus

play01:57

You can neither focus on making money

play02:00

Nor can you focus on living

play02:01

也不能focus去生活

play02:03

After more than a year of hard work

play02:05

I have a great partner

play02:07

An efficient team

play02:08

I can leverage other people's time

play02:11

My working hours suddenly dropped to

play02:13

Spend one day a week to make important decisions

play02:15

At this time, I finally obtained for the first time in my life

play02:18

Time and financial freedom

play02:20

Then a question is placed in front of me

play02:23

How should I use this freedom

play02:28

I don't know if others are like this

play02:29

But I don't have the ability to handle this freedom

play02:31

So I started to squander it

play02:33

First, I started the fixed script of financial freedomers: travel

play02:35

As if one can find meaning in life through travel

play02:38

好像旅行能给人生找到意似的

play02:41

I ran all over Canada

play02:42

And then travel abroad

play02:43

Visit my families in China for one to two months every year

play02:45

At that time, I was very proud of this freedom

play02:50

Look, this is a photo we took when we went to Newfoundland

play02:53

We are on a boat

play02:54

Most of them are elderly people

play02:55

Only the two of us young people

play02:57

I said to my wife

play02:58

我就对我太太说

play02:59

You see, I don't want to be like them

play03:01

Stay in the little box of the office for a lifetime

play03:02

Wait until your hair turns gray before exploring the world

play03:06

I am glad we can do it now

play03:11

This sounds like I figured everything out

play03:13

Already successful and meaningful, right?

play03:15

But it doesn't

play03:15

Later I found that travel is just like that

play03:18

I didn't find my own meaning from travel

play03:20

I have always wondered why I feel this way

play03:22

Am I being shallow?

play03:23

But a few months ago, I read a book

play03:25

called "The Geometry of Wealth"

play03:27

It explains this feeling very well

play03:29

Turns out, the essence of most of my travels is a kind of

play03:32

Experienced Happiness

play03:34

This book divides happiness into a spectrum

play03:35

There are two poles

play03:39

Experienced Happiness

play03:41

and Reflective Happiness

play03:42

The so-called Experienced Happiness

play03:44

refers to your current emotions or mood

play03:45

For example, one of my great pleasures when traveling is eating

play03:47

whether it's various Taiwanese snacks

play03:48

or Japanese ramen

play03:51

or the various foods I can't name on the streets of Mexico

play03:53

They all fall into the category of Experienced Happiness

play03:56

The author says that this kind of experienced happiness

play03:58

often has to do with our brain's System 1 thinking

play03:59

This System 1 thinking

play04:02

comes from that famous book

play04:05

"Thinking Fast and Slow"

play04:07

It divides our brain into two parts

play04:11

System 1 and System 2 thinking

play04:13

System 1 refers to the fast part

play04:14

often subconscious

play04:16

instinctive reactions that don't require deep thought

play04:18

For example, when you're hungry, you want to eat

play04:20

when you're thirsty, you want to drink water

play04:22

When you see danger, you want to run away

play04:23

These experienced happiness have two characteristics

play04:26

First, they are very brief

play04:27

not very long-lasting

play04:28

often related to current feelings

play04:30

To obtain this kind of happiness

play04:33

you need to constantly repeat it

play04:34

Here, I'll add one more thing

play04:35

Many people say that buying things cannot bring you happiness

play04:37

Experiences can

play04:38

But you need to be careful with this statement.

play04:40

这里我多说一句

play04:41

很多人说买东西不能给你带来幸福

play04:44

体验可以

play04:45

但是你要小心这种说法

play04:47

Because if this experience brings you "experiened happiness"

play04:50

Then it is no different from consumerism in buying things

play04:54

The second characteristic of experienced happiness is

play04:56

It is not positively correlated with our income level

play04:59

When the income is low, with the increase of income

play05:01

The experienced happiness you gain is constantly increasing

play05:04

For example, traveling, consuming luxury goods, eating delicacies, etc.

play05:07

But when your income reaches a certain level

play05:09

Do these things again

play05:11

The sense of happiness cannot continue to increase

play05:12

In fact, many people have heard of this theory

play05:14

That is, when your income reaches tens of thousands of US dollars

play05:17

The sense of happiness will not increase with the increase of income

play05:20

But what many people don't know is that the happiness mentioned here

play05:23

Refers to experienced happiness related to system one thinking

play05:27

Why is this so

play05:29

The author said that this kind of experienced happiness

play05:31

Many times it has nothing to do with happiness itself

play05:34

It is more about reducing our sense of unhappiness

play05:37

Hunger is a kind of unhappiness

play05:39

Eating will reduce this unhappiness

play05:40

Endless work is a kind of unhappiness

play05:42

Traveling can reduce this unhappiness

play05:44

Long-haul flights are very tiring and unfortunate

play05:46

Sitting in business class can reduce this unhappiness

play05:48

When traveling, being crowded in a crowded place is very unfortunate

play05:51

Find a place to have an ice cream

play05:53

It will dispel this unhappiness

play05:55

These various "feelings of unhappiness"

play05:57

Often accompanied by our lack of control over life and time

play06:01

For example, if your income is very low

play06:03

The pet at home suddenly gets sick

play06:04

The car broke down again when you went out in the morning

play06:06

You will not only be late for work

play06:08

You also don't know how to afford the bills for pet treatment and car repair

play06:11

At this time, you will feel very unhappy

play06:13

Lack of control

play06:15

The increase in income allows us to have resources to eliminate these feelings of unhappiness

play06:19

Let us gain a sense of control and independence

play06:21

Obtain experienced happiness

play06:23

Because the problems mentioned just now

play06:24

To a certain extent, they can all be solved with money

play06:27

Can money buy happiness?

play06:30

The previous example gave the answer

play06:32

Money can buy experienced happiness

play06:35

But there is a big BUT here

play06:37

This kind of happiness is obtained by reducing unhappiness and the feeling of lack of control

play06:41

When those unhappinesses are solved

play06:44

You will not feel extra happiness

play06:46

That's why after reaching a certain level of income

play06:49

This experienced happiness will no longer increase linearly

play06:53

A sense of control and freedom can help you resist unhappiness

play06:57

But they cannot guarantee happiness

play06:59

That's why I say freedom does not equal happiness

play07:02

In 2016, I was fortunate enough to reach this state

play07:04

But many of what I pursue is actually consumerism

play07:07

It is the continuous accumulation of experienced happiness

play07:09

This cannot bring more happiness

play07:10

I did not find the so-called meaning from traveling either

play07:13

So money and time are resources

play07:15

And happiness needs to be sponsored by these resources

play07:17

When your time and financial resources

play07:18

Are sufficient to fund those experienced happinesses to reduce unhappiness

play07:23

What kind of happiness should you fund next?

play07:28

The author of this book says

play07:29

We should fund reflective happiness

play07:32

Reflective happiness

play07:34

So-called reflective happiness is

play07:36

A deeper sense of satisfaction

play07:38

It can be building deep relationships with others

play07:42

Excelling in a beloved skill

play07:44

Striving for the freedom of autonomous choice

play07:46

Or finding purpose and meaning in greater goodness

play07:51

To achieve the satisfaction that these experiences can bring

play07:53

It requires System 2 thinking

play07:56

And is related to the prefrontal cortex that our brain has evolved

play07:59

So they involve more deliberate and slower thinking

play08:03

Experiential happiness and reflective happiness

play08:05

The biggest difference lies in the dimension of time

play08:07

Experiential happiness happens in the present

play08:10

Its impact lasts for a shorter duration

play08:12

And the topics involved are usually narrower in scope

play08:15

But reflective happiness brings deep satisfaction

play08:18

Which may last for a longer time

play08:19

Because it is often based on broader participation

play08:21

Reflective happiness is harder to obtain at the same time

play08:24

It often requires you to put in more time and effort

play08:27

Even experiences challenges and setbacks

play08:30

In the end, experienced happiness is passive

play08:33

whereas reflective happiness relies on taking initiative

play08:36

So when I found that travel and consumption

play08:38

couldn't bring me more happiness and meaning

play08:41

I started trying various things and endeavors

play08:45

I started doing photography

play08:47

Taking photos of weddings and events for people

play08:49

Taking pictures of families and pets

play08:50

Going to model agencies to shoot fashion

play08:51

I even made a photography YouTube channel

play08:54

I also filmed a rap music video for someone

play08:58

Now looking back, it's a bit embarrassing

play09:01

But gradually I found that I liked photography

play09:03

But I didn't enjoy taking pictures for others

play09:06

While trying photography

play09:07

I also started an English teaching channel

play09:09

I even did a podcast about learning English for half a year

play09:13

There was a time when I updated it every day

play09:14

But I found that although I used to be a teacher

play09:16

I didn't like teaching English

play09:18

So I gave up on both of them

play09:21

I often tell my wife

play09:22

From 2016 to 2019, these three years

play09:24

Seemed to be wasted by us

play09:25

Although we were free, we were confused

play09:28

I found that when people say they hope to have the opportunity one day

play09:31

to do what they love

play09:33

it is often self-deception

play09:34

because most of the time we only know what we don't like

play09:38

but we don't know what we really like

play09:41

something we want to devote ourselves to wholeheartedly

play09:44

That's how I was at the time

play09:46

So in my confusion, my schedule became very indulgent and irregular

play09:50

I would sleep whenever I wanted and wake up whenever I wanted

play09:51

Often opening my eyes already at noon

play09:52

And then staying up late without doing much

play09:54

There was no self-discipline or efficiency at all

play09:57

But now looking back

play10:00

但是现在往回看

play10:02

All these confusion and attempts have not been wasted.

play10:05

Because these three years are equivalent to our Gap Years.

play10:08

These three years are about self-exploration.

play10:09

Although I haven't found the meaning of the next stage of life yet.

play10:13

I haven't fully experienced that reflective happiness.

play10:16

But those attempts I made

play10:17

have prepared me for the changes in the next stage.

play10:20

I have accumulated a wealth of knowledge and experience in media production.

play10:22

Including the operation of cameras, lighting, sound, equipment, and editing software.

play10:25

As well as YouTube topic selection and operation, and so on.

play10:26

These three years have also made it clear to me what I don't want.

play10:28

And I have been reading and studying all the time.

play10:32

Studying personal finance, real estate, and stock investment.

play10:34

These books have completely changed me.

play10:36

From someone pursuing consumerism with sudden wealth,

play10:38

to a pragmatic investor pursuing FIRE.

play10:41

Then in 2020, the pandemic came.

play10:44

Our lives suddenly changed.

play10:47

Chapter 3: Losing Freedom

play10:49

The pandemic trapped everyone at home.

play10:51

My business also suffered a significant decline in income due to the pandemic.

play10:54

Not only did I suddenly lose physical freedom,

play10:56

I also lost some degree of financial freedom.

play10:59

But this also brought me an unexpected benefit.

play11:02

That is, I finally don't have to waste time traveling anymore.

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I can stay at home and think about what to do next.

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Fortunately,

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the stock investments I made before the pandemic

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began to grow rapidly.

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This completely freed me from relying on active income.

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At least for a long period of time,

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I don't need to worry about money.

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So I decided to start again.

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Although my previous attempt at content creation was not successful,

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it taught me one thing.

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No matter how much I go around in circles,

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I always want to speak, express, create, and share.

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So I decided to start doing YouTube again.

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This time, I plan to create an investment and finance channel.

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I want to share what I learned in the years before the pandemic.

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我想把疫情前几年学的

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Finance investment knowledge sharing

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And it cannot be denied

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The surge in stocks during the epidemic

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Also gave me the opportunity I need

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So this channel MoneyXYZ was created

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Through continuous efforts, this channel is on track

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And I finally experienced that reflective happiness

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Not only because this channel became successful

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But because I learned and achieved personal growth through creation

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Sharing what I truly believe in

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And bringing value to others

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Just like I said earlier

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This reflective happiness doesn't come easily

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Creation is difficult

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And will face many setbacks and failures

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But with every completed video

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I feel infinite satisfaction

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I can proudly call myself a writer

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And a content creator

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This is my new identity and meaning

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At the same time, I started to reorganize my life

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No longer squandering this time freedom like before

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I started to try getting up early and creating a routine for life

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That's why this channel appeared

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That video about getting up at 5 in the morning

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Interestingly, it is the most viewed video on my money channel

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It also confirmed one plan I've always had

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That is, this channel should not only be about money

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It should be about a broader topic of money and personal growth

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That's the XYZ in MoneyXYZ

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Chapter 4 Regaining Freedom

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After the epidemic, I regained the financial time and freedom I had before

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But at this point, I am no longer

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Clueless about how to use this freedom

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I chose "unfreedom"

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I just finished a month-long trip

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And I found that compared to the freedom I had during the journey

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I look forward to it ending earlier

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To return to the routine I have established.

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回到我建立好的routine里面

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The true freedom of time is to know how to protect your own time

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To choose to spend it on the most important things to you

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Instead of squandering it

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Since we mentioned travel

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My travels are different from before

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I will be more moderate

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More importantly, I am starting to introduce "difficulty" into my travels

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I don't even make travel plans

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I don't go to tourist attractions to take photos

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Completely in adventure mode

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For example, when I went to Mexico, I chose to stay in a local homestay

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I went to small bars where only the locals go and chatted with them

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This time in Taipei, I had the opportunity to visit the home of a local audience member

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And experience the daily life of people in Taipei

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Last year, my trip to Europe was even less conventional

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I followed my curiosity

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Explored the history that interested me

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And made a few small documentaries

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This kind of travel is completely different from before

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They are intentional travel

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It is a form of reflective happiness

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That brings me more lasting happiness and memories

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Then, in my content creation career

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I decided to take another step and build my own community from scratch

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Starting a community that I had no experience in

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It consumes a lot of time and energy

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Although I lost "freedom of time"

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I gained a responsibility for over a thousand people

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But I am happy doing it

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After more than half a year of learning

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Trying, setbacks, and efforts

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I can proudly call my community "One New Bite"

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an alive

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with its own unique culture

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Not just a membership website

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This community has brought me so many surprises and unexpected things

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It has opened up a whole new world for me

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Here, I have met a group of like-minded friends

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We read books together

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Plan for early mornings

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Do online meetups

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Record podcasts

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The main purpose of my one and a half month trip to Asia this time

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Is to meet them

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It's interesting that even though we haven't met in the real world,

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when we finally do meet,

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it feels like we're old friends who haven't seen each other in years.

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We can't talk enough.

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For example, in Kyoto,

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we had lunch and talked until we were asked to leave the restaurant.

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Then we went to another place and talked until evening.

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The activities in Beijing and Taipei

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originally were designed to last four hours starting from noon.

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That's already quite long.

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But without exception,

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every single event had a lot of people

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who didn't want to leave until 8 o'clock at night.

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At the event in Taipei,

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I even received a surprise,

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they recorded a special video for me.

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It almost made me cry.

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And another friend made a lovely pick-up sign

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with his daughter for us.

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I even brought it back to Canada.

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So this is my current state,

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the meaning right now,

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and what I will be doing in the near future.

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Creating, learning, sharing, helping,

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connecting like-minded people through communities,

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making change happen,

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making new stories happen.

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Of course, if you want to be part of it,

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you are welcome to join us.

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So after saying all that,

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what is the truth about wealth and time freedom?

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The truth is,

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wealth and time are tickets to happiness.

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This book says that before people pursue financial freedom,

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they should first think about the meaning of their life.

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I agree with this idea,

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but it's difficult to do,

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at least not for me.

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When you're in survival mode,

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you often don't have the privilege to choose

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what is meaningful to you.

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You may not even know what you like,

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because all your energy and time

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are spent on survival,

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like a computer running at full capacity.

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You don't have the extra bandwidth to contemplate the meaning of life.

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In this stage,

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在这个阶段

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Every experienced happiness you obtain

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is truly valuable

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even if it only reduces your unhappiness

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This reminds me of a comment

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under a previous video about financial freedom

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He said, "Typical 'first-world' problem"

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I was puzzled by this comment

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So I put it in the community

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to hear everyone's thoughts

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Then a member's reply gave me a revelation

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He said many things are

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"you have to have things first in order to lose it".

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That's how it is

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For many people

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before we discuss reflective happiness,

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we first need experienced happiness

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But what we need to be cautious about

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is that experienced happiness is a natural result

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and not the ultimate goal we pursue

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because it can reduce unhappiness

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but cannot bring more lasting happiness

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Unfortunately,

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too many people have lost themselves in survival mode

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thinking that these experienced happiness is all happiness

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In survival mode, what we should pursue

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is more safety margin and bandwidth

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rather than just stopping at experienced happiness

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Before 2016,

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I was always living for others in survival mode

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When I finally had enough safety margin and bandwidth

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to live for myself

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I found it difficult to find my own purpose

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It took me three years

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So if you are in a state of confusion right now

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please don't worry

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because it will pass

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If you are still in survival mode

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what I want to say is

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you don't have to wait for absolute financial and time freedom

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to pursue the meaning of your life

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As your income increases

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you should consciously

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create time and space for yourself

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to start thinking and exploring

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to pursue the meaning of your life

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For example, the early rising plan that many people in our community participate in

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Many people give themselves a break

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a gap year, to explore the new possibilities of life

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Are all striving to increase the bandwidth of life

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So if wealth and time

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are the tickets to happiness and meaning

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You don't have to wait for financial and time freedom

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to buy this expensive ticket

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You can buy this ticket now

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when you can take a breather

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even if it's cheap

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It can only take you so far

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Because getting on the bus is just the beginning

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There is still a long way to go ahead

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It's best to start this journey early

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