Wednesday, May 29, 2013

Getting Out Of The Rat Race

The fact that you’re reading this book confirms that you have crossed the line and have taken interest to create wealth, an all-important factor to financial security. Congratulate yourself  because your initiative just introduced you to a world out of the “rat race.”
            What is the “rat race?”
 Every morning, you get up and prepare yourself to go to work - shower, breakfast, get dressed, travel by bus/train or drive your car, work from nine to five, get home to your family and have dinner, watch television or read the papers, then off to bed till the next morning.
            You get two to three weeks paid vacation/sick leave each year and occasional overtime work. You get paid by your employer for your services every payday. If you don’t like your job anymore, you find another employer for better pay. Year in, year out, it’s the same routine. You work for somebody else, not for yourself. You focus your efforts in making somebody else richer. That is the “rat race.”
            Let me ask you: “If you have ever been an employee or if you are still one, honestly, do you like this feeling?”
I believe you’ll agree that as an employee, your world is confined and limited to certain and specific information only. You hardly have time for other activities. You cannot diversify. And the only solution is to go outside this confinement, into the open, and venture into a wider field.
            As an employee, you hardly learn anything new. This limits your knowledge potential, virtually crippling your mind.
            Another disadvantage you get for being an employee is that your income is limited. An average employee earning an average salary, if you compute, could hardly put aside a certain amount of money for savings for his/her future use. Even an above average employee who could put aside some savings could hardly have enough for retirement use. It is pointless to compute the savings of  below average employees, they are lucky if they don’t get debt-ridden.
            All too often, people are trapped in this race that they never bothered to know where they are headed. They only notice it at times when they run short of cash for unexpected expenses or when they realize what will happen to them when they reach retirement age. And still they forget about it and do nothing to improve their lives.
            You must realize the need to get out of the “rat race” as early as possible. To achieve this, you need to change your way of thinking - from thoughts of working as an employee for someone else, to thoughts of being in control of your own time and money. This don’t mean you have to quit your day job right away. You could spend your free time learning and actually implementing moneymaking activities while still working as an employee. Once you’re financially secured and have enough knowledge on acquiring wealth, that’s the time to get out of the “rat race” and start enjoying your life.
            As you will see, creating wealth is making more money in lesser time, in comparison to what you are presently doing. It is like a graph with the horizontal axis representing time and the vertical axis representing money. The more steep the graph, the better it is.
            Once you are out of the “rat race,” you continue to work This time you work for yourself and not for other people. When you work for yourself, it does not mean that you’re being selfish; you’re just being smart. Nobody’s going to look after your financial security except yourself.