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A Simple Explanation of The Rat Race

In the last article, I mention about how Changing a Job may restart the Rat Race for people. So this post, I will try to explain more about The Rat Race and how to Try and get out of it.Note that this is just my opinion.Not trying to promote anything but do buy the book "Rich Dad, Poor Dad" if interested to find out more. It's a interesting and simple read.Note that if you are lazy to read everything, please skip to Point 4 below.The Rat RaceEffectively is the process of Working and Working to earn that Pay Check to continuously pay for your Bills and Expenses which effectively Leaves you with not much left for Retirement Savings or Money Work.1) Working and Working is obvious enough. People will work and work to survive. Sometimes they will take money to splurge on themselves. Sometimes when there's a pay raise, people will also unknowingly increase their Expenses. Thus often, Pay Raise is not equal to a Raise in Disposable Income.2) Bills and Expenses. Many forms, can be Bills, can be Mortage, can be Food,

 

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