As a child, there were so many beautiful dreams and desires that I wanted to accomplish in life. The places I wanted to go, things I wanted to see and career I wanted to have were all laid out in my head. At age 25, none of those things had become reality. Rather, I seemed to be stuck in an ongoing cycle of making just enough money to pay the bills, constantly stressed and slowly but surely forgetting about my personal dreams completely. Robert Kiyosaki, in his book “Rich Dad Poor Dad”, calls this cycle “the rat race”.
The Rat Race is where most people unfortunately spend the better part of their lives drowning in debt and making just enough money to pay their bills and occasionally treat themselves to a vacation. Because most people want “right now” gratification, instead of living solely on the income they make, they barrow money from a lender so that they don’t have to wait any longer to enjoy the things life offers. “We have this under control, we’ll just pay it back”, they say as they take on the new debt. This is a trap that so many people fall into. While taking on more debt to live out the lifestyle desired to live, they slowly but surely slip into more debt than they can make in months of hard work.
The same cycle has been getting worse generation after generation, causing people to be in bondage their entire lives. What is even worse is that we unintentionally teach our young ones to follow in the same broken financial habits that caused us to be in bondage in the first place!
In following blogs, we are going to uncover some fundamental issues with how society teaches us to think about money. We will begin learning both through information posted here on this blog and other recommended sources how each of you can get out of the rat race and live a life: free of financial bondage, focused on living out your dreams, and how to leave a legacy that will last for generations.
Don’t Miss Out! Follow Us now and stay updated on the upcoming blog series on financial freedom!