This video explains a practical financial formula, the "156520 rule," used by wealthy individuals to manage their money. The presenter, Nick, argues that building wealth is not about complex strategies but a disciplined system for allocating income. The video breaks down the rule into three key percentages: 15% for investing in one's future self, 65% for essential living expenses, and 20% for enjoyment, emphasizing consistency and patience over get-rich-quick schemes.
