6. Limit what you borrow. “Living on credit cards and loans won’t make you rich,” writes Schroeder. Sure, leverage can get you into a home or a new car, but too much debt is one of the biggest drags on your financial well-being.

6. 要限制自己借钱的数量。史诺德写过“靠信用卡和贷款度日是不会变成富翁的。” 当然,用点儿小技巧是可以帮你买个房子、或者一辆新车,但是过多的借贷却会打破你的财政平衡。

7. Be persistent. If you know what you’re doing is important and right, stick to it. Doggedly pursue your goals. Learn to “fail forward”.

7. 要坚持。如果你知道你做的事是重要且正确的,那就要坚持下去。顽强地追逐自己的目标。要学会“向前摔跤”。(小编注:即,要从每次错误中汲取教训)

8. Know when to quit. The other day, I wrote about the danger of the sunk-cost fallacy. Just because you’ve already paid $10 to see Indiana Jones and the Kingdom of the Crystal Skull, doesn’t mean you should sit through to the end. Be willing to cut your losses and walk away.

8. 要知道什么时候该退出。我曾经写到过沉没成本谬论的危险性。就因为你已经付了十块钱去看夺宝奇兵4,不代表你就非要看完它。要乐于割肉、闪人。

沪江小编注:什么是沉没成本(sunk cost)?

在经济学和商业决策制定过程中会用到“沉没成本”(sunk cost)的概念,代指已经付出且不可收回的成本。沉没成本常用来和可变成本作比较,可变成本可以被改变,而沉没成本则不能被改变。在微观经济学理论中,做决策时仅需要考虑可变成本。如果同时考虑到沉没成本(这被微观经济学理论认为是错误的),那结论就不是纯粹基于事物的价值作出的。 相关解释举例来说,如果你预订了一张电影票,已经付了票款且假设不能退票。此时你付的价钱已经不能收回,就算你不看电影钱也收不回来,电影票的价钱算作你的沉没成本。

9. Assess the risks. “Asking yourself ‘and then what?’ can help you see all of the possible consequences when you’re struggling to make a decision — and can guide you to the smartest choice.”

9. 评估风险。做决定前先问问自己“结果是什么?”,这能帮助你在纠结着要做决定时看清楚所有可能发生的后果,并能指引你做出最明智的抉择。

10. Know what success really means. Success is different for each of us. Find what it is that brings meaning to your life, what makes each day important. Make this your focus. Buffett says: “When you get to my age, you’ll measure your success in life by how many of the people you want to have love you actually do love you. That’s the ultimate test of how you’ve lived your life.”

10. 懂得什么才是真正的成功?对我们每个人而言成功的定义都不同。找到那个对你生命真正有意义的、会对每一天都有影响的。专注其中。巴菲特说:“当你到了我这个年纪,你会重新评估你的成功,你会在乎那些你想爱的人是不是真的爱你,这是对你一生过得如何的终极检验。”