Monday, October 23, 2006

RAT RACE

Currently, I am reading 'Rich Dad, Poor Dad' by Robert T.Kiyosaki.

His book demostrated how most people are work for money, pay loan, get higher pay(pay increment, etc) and pay more loans (bigger house, bigger car, etc). This circle of earning and paying, he defined it as the RAT-RACE.

In order to break away from the RAT-RACE, we must 'Mind our own business' - creating passive income. Do not be mistaken that 'Mind our own business' means quitting your job and starting your own business. What he means is that you must take actions to create your passive income. Do not spend 100% of your avaliable time in your salaried work. Spend time to create your own business.

After completing the book, I know I want to exit the race race - to be financially free.

I would highly recommend the book, but only you want to exit the rat race. Because, from personal experience, the truth is hard and difficult to manage. I am in the race (working daily), but yet, I know that I need to exit/escape this race.

2 comments:

singaporedream said...

i read it for 2 times. then i did not complete the next book... the quadrand...

any advise how to make money on our trip??

Wee Kian said...

Train your mind to see "things" as at business point of view.

From different countries, you can see many things, learn of the people you meet.