How to Escape the Rat Race in 3 Simple Steps

How to Escape the Rat Race in 3 Simple Steps


Not many people know what the rat race is
or if they are a part of it. There’s even less people who figured out
how to escape the rat race. In this video, I will go over what the rat
race is and how to escape it. So what is the rat race? The rat race is a way of life in which people
are caught up in a competitive struggle for wealth or power. Let’s look at an example of someone who
is in the rat race. This is Steve. As a child, he was very smart and got good
grades. He gets accepted into a good college and graduates. He looks for a safe and secure job, just like
every college student that graduated. Now that he is an adult, he finally has a
lot of money to spend. He starts buying his college dreams. First, he buys a nice plasma TV. Then, he buys a functional car as he waits
to buy the car of his dreams. At work, he works and grinds harder to get
the promotion and a raise. With his new salary, Steve can afford to move
to a nicer neighborhood so he moves. The cycle then keeps repeating. Steve has a goal, works hard to achieve it,
then moves on to a bigger goal. As Steve climbs the corporate ladder, his
materialistic desires increase. Every year, expenses got higher and Steve
had to work more hours to make more money. And so, Steve wakes up, work, then goes back
home to clock out for 5 days a week while wishing for the next weekend to come faster
every year. He thought that by making a lot of money,
driving a fancy car, and having a nice house would make him happy. Instead, he was tired of trying to get ahead
with no end in sight and tired of working the same repetitive job over and over again. Without knowing it, Steve has caught himself
in the rat race. To see if you are in the rat race, there are
3 questions you need to ask yourself. Is there an end in sight? Is your career and overall life characterized
by competition? Is your life characterized by comparison? If you see no end in sight, your career and
life is characterized by competition and comparison, and you find yourself tired and unhappy, you
are caught up in the rat race. So how can you escape the rat race? The first step is to cut back on spending
and live below your means. Most people end up unhappy and finding themselves
working longer hours because they are spending too much and have too many expenses to pay
off. Even if your salary is insanely high, you
can be living paycheck to paycheck if you are not good with your finances. It is possible to make half a million dollars
per year and still live paycheck to paycheck. The major areas where you can cut back on
are food and rent. If you can cut back on those 2, it’s a great
start. Another way to cut back on spending is to
stop comparing yourself to others. Keeping up with the Joneses or buying nice
things because other people are buying nice things will burn through most of the income
you earn. Just because your neighbor or your friend
got a nice car doesn’t mean you have to get a better one to one up them. Don’t buy things to impress people with
the money you can’t afford to spend. The next step is to believe you can make money
without having to show up to work. Most of us are lead to believe that getting
a secure job is the only way to make money. It’s not easy by any means but it is very
possible. Before the internet, the idea of making money
outside of your job sounds impossible to the working class but now that we have the internet,
making money outside of your job is realistic. You can start a blog or grow a social media
following then run ads or sell a product. There are so many possibilities out there
so pick something you would like to start. The third step is to work outside your normal
working hours. This is the next barrier that prevents people
from escaping the rat race. Most people go to work, clock out and chill
at home, sleep, then rinse and repeat the cycle. If you want to get out of the rat race, you
have to put in the work to create another income source. The idea of working more to get out of the
rat race may sound insane but if you are creating income from your passion, it will relax you
and it won’t feel like work. Make sure what you are doing to create this
income is something you enjoy and you are willing to do for free. You have to reach a certain level before you
can earn any income from something you enjoy so you better do something you like or else
you will end up quitting. By mixing your day up with an activity that
isn’t geared towards making money and working your regular job, you can slowly start getting
out of the rat race. The bonus step is to wake up excited on Monday. Most people in the rat race hate Mondays since
it means the weekend is over and they have to work until the next weekend. If you are free from the rat race, you know
Mondays are not that different from every other day of the week. If you are still in the rat race, Monday is
another day to put in work to escape. If you can change your outlook on Mondays,
you will be happier overall which will increase your performance during and outside of work. How do you tell you escaped the rat race? You officially escaped the rat race when you
can live life on your own terms. You are free from the rat race if you are
financially free. You can do whatever you want like quitting
your job or traveling the world. You can even stay at your job for a while
if you enjoy it now that you don’t feel pressured to compete and climb the corporate
ladder. You don’t have to waste your prime years
working for someone else unless the position you have is fulfilling to you. It’s time to take your financial future
into your own hands now. If you don’t know where to go from here,
I strongly suggest you to read the 4 hour workweek, even if some of the ideas there
are a bit outdated. If you want to watch a video that goes over
the ideas in the 4 hour workweek, click on the video shown on the end screen below.

Comments

(5 Comments)

  • Miguel Angel

    Yeah the rat race more like Steve's life resume

  • lucky lucky

    To be in the rat race you have to first consider yourself to be a rat

  • Saurav Jha

    ๐Ÿ‘๐Ÿ‘๐Ÿ‘Œ๐Ÿ‘Œโ˜บโ˜บ

  • M

    Third comment๐Ÿ’ฅโœŒ๏ธ

  • Kin Chai

    I needed this, thanks!!

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