Comments on: Get Out Of The Rat Race http://financialrich.com/2010/01/11/get-out-of-the-rat-race/ Wealth Building, Retire Early, Personel Money, Financial Planning, Saving Tips Thu, 09 Sep 2010 07:23:43 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: licsaravananss http://financialrich.com/2010/01/11/get-out-of-the-rat-race/comment-page-1/#comment-378 licsaravananss Fri, 12 Mar 2010 12:25:24 +0000 http://financialrich.com/2010/01/11/get-out-of-the-rat-race/#comment-378 when you struggling your efforts for personel needs that is called rat race.when you happily doing what you want&when you want with peaceful of mind&body that's called freedom.we have to create a strong purpose behind freedom.Purpose may be teaching or writting to who'r in lower level but full of eagerness.That purpose having strong motive will move our temporary setbacks to leading success. when you struggling your efforts for personel needs that is called rat race.when you happily doing what you want&when you want with peaceful of mind&body that’s called freedom.we have to create a strong purpose behind freedom.Purpose may be teaching or writting to who’r in lower level but full of eagerness.That purpose having strong motive will move our temporary setbacks to leading success.

]]> By: Mrcoolku http://financialrich.com/2010/01/11/get-out-of-the-rat-race/comment-page-1/#comment-344 Mrcoolku Sun, 21 Feb 2010 05:05:49 +0000 http://financialrich.com/2010/01/11/get-out-of-the-rat-race/#comment-344 Have to agree with you, those self-employed people actually is also in rat race. They work day and night. That is why actually I don't like doing business. I prefer investing in a business which means other people running the business while I just borrow my money to them. Stock market is my prefer investing tools. It really can help you make money in order you do your homework and not simply buy it. Have to agree with you, those self-employed people actually is also in rat race. They work day and night. That is why actually I don’t like doing business. I prefer investing in a business which means other people running the business while I just borrow my money to them. Stock market is my prefer investing tools. It really can help you make money in order you do your homework and not simply buy it.

]]> By: Ian Kree http://financialrich.com/2010/01/11/get-out-of-the-rat-race/comment-page-1/#comment-341 Ian Kree Fri, 19 Feb 2010 01:57:10 +0000 http://financialrich.com/2010/01/11/get-out-of-the-rat-race/#comment-341 Me too still in rat race. But I'm also racing to end this rat race. Being independent from my well-do parents, I quickly jumped into rat race, into job market. My advice to those who want to quit rat race, do not rush. I've done many mistakes in rushing to end my rat race. These mistakes prolong my rat race period, not making it shorter. But I've learnt from my past mistakes. While you are in rat race, you can build slowly your passive income, your money making system i.e. real estate, stock market (don't speculate) and mutual fund. Why I say don't speculate when investing in stock market - speculating trading isn't passive income, it is active income. All the three mentioned are passive incomes, your 'smart' money making systems, which doesn't require your presence all the time. If you by-heart this method, you could setup businesses that doesn't require your presence all the time. Me too still in rat race. But I’m also racing to end this rat race. Being independent from my well-do parents, I quickly jumped into rat race, into job market. My advice to those who want to quit rat race, do not rush. I’ve done many mistakes in rushing to end my rat race. These mistakes prolong my rat race period, not making it shorter. But I’ve learnt from my past mistakes. While you are in rat race, you can build slowly your passive income, your money making system i.e. real estate, stock market (don’t speculate) and mutual fund. Why I say don’t speculate when investing in stock market – speculating trading isn’t passive income, it is active income. All the three mentioned are passive incomes, your ‘smart’ money making systems, which doesn’t require your presence all the time. If you by-heart this method, you could setup businesses that doesn’t require your presence all the time.

]]> By: Ian Kree http://financialrich.com/2010/01/11/get-out-of-the-rat-race/comment-page-1/#comment-340 Ian Kree Fri, 19 Feb 2010 01:47:39 +0000 http://financialrich.com/2010/01/11/get-out-of-the-rat-race/#comment-340 Smart businessmen build systems that make money for them, systems that doesn't require their presence all the time. These businessmen design organisation charts, job descriptions and work flows (this include numerous audits to ensure that all money making procedures are followed and working well) - so that most of the tasks in money making process doesn't require their involvement. (Then they could enjoy playing golf all day long - they aren't lazy, they are smart.) This type of businessmen aren't in rat race. Their money making systems are generating passive income for them. But (other) most businessmen are in rat race - this includes private doctors, dentists, lawyers, consultants ... . Smart businessmen build systems that make money for them, systems that doesn’t require their presence all the time. These businessmen design organisation charts, job descriptions and work flows (this include numerous audits to ensure that all money making procedures are followed and working well) – so that most of the tasks in money making process doesn’t require their involvement. (Then they could enjoy playing golf all day long – they aren’t lazy, they are smart.) This type of businessmen aren’t in rat race. Their money making systems are generating passive income for them. But (other) most businessmen are in rat race – this includes private doctors, dentists, lawyers, consultants … .

]]> By: Mrcoolku http://financialrich.com/2010/01/11/get-out-of-the-rat-race/comment-page-1/#comment-228 Mrcoolku Fri, 15 Jan 2010 09:42:32 +0000 http://financialrich.com/2010/01/11/get-out-of-the-rat-race/#comment-228 Spending quality time with family of course is the most important. We want to get out of rat race also because of them. But now, I will more focus on building wealth first. Still young, no need work harder else cannot work anymore when old. :) Spending quality time with family of course is the most important. We want to get out of rat race also because of them. But now, I will more focus on building wealth first. Still young, no need work harder else cannot work anymore when old. :)

]]> By: kampunginvestor http://financialrich.com/2010/01/11/get-out-of-the-rat-race/comment-page-1/#comment-224 kampunginvestor Wed, 13 Jan 2010 19:49:09 +0000 http://financialrich.com/2010/01/11/get-out-of-the-rat-race/#comment-224 I think i totally agree with Seng Choy. Quality time with family is the most important. See what you want in life. If you take money as your God then i can bet you won't have time for your family. I am also trying to get out brother.. Quick quick we all reach and run out from the rat race ok? Cheers! I think i totally agree with Seng Choy. Quality time with family is the most important. See what you want in life. If you take money as your God then i can bet you won’t have time for your family.

I am also trying to get out brother.. Quick quick we all reach and run out from the rat race ok?

Cheers!

]]> By: Mrcoolku http://financialrich.com/2010/01/11/get-out-of-the-rat-race/comment-page-1/#comment-222 Mrcoolku Wed, 13 Jan 2010 12:49:12 +0000 http://financialrich.com/2010/01/11/get-out-of-the-rat-race/#comment-222 Maybe you are right that some self employed people still cannot get the meaning behind the rat race. It is great to hear that you are trying to get out of rat race. Me too. :) Maybe you are right that some self employed people still cannot get the meaning behind the rat race.
It is great to hear that you are trying to get out of rat race. Me too. :)

]]> By: Lai Seng Choy http://financialrich.com/2010/01/11/get-out-of-the-rat-race/comment-page-1/#comment-220 Lai Seng Choy Wed, 13 Jan 2010 07:07:43 +0000 http://financialrich.com/2010/01/11/get-out-of-the-rat-race/#comment-220 Well, I don't think every people start to do their own business understand the theory of rat race. I see those self-employed people who are still being occupied by their daily business works and having less time for themselves and family. May be they feel happy for that. But for me, the value of life is to spend more quality time with those I love. As of my opinion, no matter you are an employee or running own business, you must work smart, spend smart and invest smart to get out of the rat race. I am also still in the rat race now and I am working on to get out of rat race by early 40s. Well, I don’t think every people start to do their own business understand the theory of rat race. I see those self-employed people who are still being occupied by their daily business works and having less time for themselves and family. May be they feel happy for that. But for me, the value of life is to spend more quality time with those I love.

As of my opinion, no matter you are an employee or running own business, you must work smart, spend smart and invest smart to get out of the rat race.

I am also still in the rat race now and I am working on to get out of rat race by early 40s.

]]> By: Mrcoolku http://financialrich.com/2010/01/11/get-out-of-the-rat-race/comment-page-1/#comment-219 Mrcoolku Tue, 12 Jan 2010 22:00:33 +0000 http://financialrich.com/2010/01/11/get-out-of-the-rat-race/#comment-219 When people start to do their own business, most probably they understand the theory of the rat race already. They want to get our of the rat race so they do business or become self employed so that they have more flexible time to do their own things and earn more than a fix salary. This will accelerate their speed to achieve financial freedom. That's 2 cents. When people start to do their own business, most probably they understand the theory of the rat race already. They want to get our of the rat race so they do business or become self employed so that they have more flexible time to do their own things and earn more than a fix salary. This will accelerate their speed to achieve financial freedom. That’s 2 cents.

]]> By: kampunginvestor http://financialrich.com/2010/01/11/get-out-of-the-rat-race/comment-page-1/#comment-217 kampunginvestor Tue, 12 Jan 2010 10:16:52 +0000 http://financialrich.com/2010/01/11/get-out-of-the-rat-race/#comment-217 So business people consider as in the rat race as well? So business people consider as in the rat race as well?

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