The Rat Race

last SG · 2010-04-20T00:08:37+00:00

but can we still bring the bread back home to the family at the end of the day if we choose to follow our dreams?it's a trade off.when u've nothing to worry...

the_fallen SG

if thats their common dream, and they are happy la

but

imagine if whatever they're working on

is not that successful

and they are having problems supporting the kid

should they continue doing what they want to do

or should they do what they need to do

dunno if im answering ur qn

lol

don't worry about not answering the qn..this is a forum to share, discuss and talk about anything and everything..

so far..i've seen couples that do go into business, they are more prone to making it a success leh..

the_fallen SG

When you are the boss, you have employees, and that comes politics again

how is that so?

TTFU SG

When humans interact, theres always drama lah i think.

the_fallen SG

When humans interact, theres always drama lah i think.

maybe you're right..

but from if i'm the boss, at the least can do something to stop it ma..

eagle SG

as in i see quite a lot of food store business since young to now, there are examples of couples working together and making it a success, instead of the rat race, they be their own boss.

The problem now is, even if you are your own boss, you are still part of the rat's race. And the problem is, do you even recognize this fact?

Whether a not it is a rat's race depends on you. If you see it as one, then you will be in. Know your goals, know your destination, know your targets, and work towards it.

Financial freedom is what you meant I guess. It is a mindset. If my expenditure is capped at 500 a month, I can consider myself as having achieved it as my monthly passive income is approximately 650. But if my expenditure is $2000 a month, then I haven't reach it yet. It is something subjective.

mancha SG

i don't understand the part on being a prisoner of the mind..can elaborate?

You see people here having their own hang ups about trival matters. They could easily be objective and not be judgmental, and be free of any ill feelings.

Are they not restricted and encumbered by their own minds?

the Bear SG

than do you have any suggestion or ideas on how to get out of the rat race?

by moving out of the box...

the "management gurus" con-men-sultants always tell you to "think out of the box"

so get out of the box totally..

recognise that you only NEED a few things in life.. which is summed up by the Celts from a long time ago:

flax
fire
fodder
frig

something to wear
somewhere to keep warm
something to eat
someone to love

if your neighbour has a bigger car, so what?
if your friend has a bigger house, so what?
if your colleague has a bigger paycheque, so what?
if your relative has children with higher grades, so what?

will you be happier if you actually got a bigger car, bigger house, bigger paycheque, "smarter" children? or will the idiotic relentless race to be bigger, more or whatever the heck actually make you unhappy?

i guess it's my philosophy which is kinda hard for some people to accept.. it is a "so what?" attitude... i'm happy being a little guy, doing my work, earning my wage, able to provide for my family and able to afford occasional luxuries for them... doesn't matter that my colleagues have been working their asses off and got promoted and driving bigger cars, living in bigger condos.. all in all, i think i'm actually happier than them...

for all intents and purposes, i removed myself from the rat race..

and i'm much happier for it... i have my flax, fire, fodder and frig.. and most of all, i have peace of mind...

the_fallen SG

The problem now is, even if you are your own boss, you are still part of the rat's race. And the problem is, do you even recognize this fact?

Whether a not it is a rat's race depends on you. If you see it as one, then you will be in. Know your goals, know your destination, know your targets, and work towards it.

the way i view it in my definition as a boss is same to the cashflow quadrant whereby it is a Business Owner with people working for you.

So by firing yourself, you no longer work, and have people working for you. You aren't in the rat race, able to free yourself to invest and hire more people to work for you and grow your money keeping the net profit after paying all expenses and liability.

Rat race is when you are doing the same thing for the same result repeatingly but if a person is doing the same thing for multiple results and benefits, is that person in a rat race? (the super rich, isn't in a rat race; that's how i see it)

as for financial freedom; i think you're referring to only the passive income and not specifically financial freedom; it is the ability to free yourself completely from work without worries, and have money generating on automated process even as you eat, sleep or travel. That is true financial freedom where you can still spend without worrying for your budget in my humble opinion la.

the_fallen SG

You see people here having their own hang ups about trival matters. They could easily be objective and not be judgmental, and be free of any ill feelings.

Are they not restricted and encumbered by their own minds?

okay, so that is referring to dwelling on past matters and experiences which prevents individuals from moving forward and from progressing to improve themselves right?

having to stick with the same nasty unplesant feelings and experience stuck in that particular period of time.

is it something like that which you're referring to?

the_fallen SG

by moving out of the box...

the "management gurus" con-men-sultants always tell you to "think out of the box"

so get out of the box totally..

recognise that you only NEED a few things in life.. which is summed up by the Celts from a long time ago:

flax
fire
fodder
frig

something to wear
somewhere to keep warm
something to eat
someone to love

if your neighbour has a bigger car, so what?
if your friend has a bigger house, so what?
if your colleague has a bigger paycheque, so what?
if your relative has children with higher grades, so what?

for all intents and purposes, i removed myself from the rat race..

and i'm much happier for it... i have my flax, fire, fodder and frig.. and most of all, i have peace of mind...

i think your philosophy is to be contented with what you have and dont' work hard or blindly pursuing materialistic gains at the expense of happiness and tiring ourselves in the process right?

eagle SG

the way i view it in my definition as a boss is same to the cashflow quadrant whereby it is a Business Owner with people working for you.

When you are in the B quadrant, you are still there for the same result: money. As far as I'm concerned, you will still be in the rat's race. It's a farce that you no longer need to work by having people work for you. Keep up this mindset and I assure you that you will fail sooner or later.

To get out, (but still a rat), you will need to have passive income. Financial freedom is still a mindset, and passive income is only a portion of it. Spending without worrying about budget is classified under financial abundance, not financial freedom. It's a stage where you can spend to attain your dream lifestyle forever. Financial freedom is only a stage where you can continue your current lifestyle with your passive income sources.

The above is what I have read and understood and thought about after a year plus in the work force. You may or may not agree with it, but it's working moderately well for me at the moment, and I'll be taking myself on the next step of my journey in a year or two time... Meanwhile, I'm preparing and building my capital base.

charlize SG

Are you stucked in a rat race having to work from 8am to 5pm daily on weekdays and in some cases even on weekends?

What are the alternative solutions which you can think of to reduce/ease the unhappiness of being in a rat race with ways to attempt to get yourself out from the rat race?

From being frustrated with work, having to deal with unreasonable colleagues, sabotagers, credit stealers, gossips and even naggers.

Share any tips or solutions that you have to ease the strain of being in the rat race having to work for money, and doing what we ourselves don't like to do.

How do you destress and make your life happier in this situation and what are your plans on moving forward?

Who the hell works only from 8am to 5pm?

Try 8am to 10pm.

the_fallen SG

i agree partially with what you have said..

perhaps it's just that the difference in each individual perspective and views.

you're right about the financial abundance..

perhaps i'm think too much..as my definition of financial freedom to you is financial abundance, but to me..it's only freedom as it only allows me to do what i want among my own envirionment and situation etc..

what i understand of financial abundance is the ability and financial capabliity to do charity, donations to people we do not know of..by throwing above money for a good purpose without expecting any returns in mind is what i define as financial abundance whereby only large MNCs companies and super rich individuals can do that.

nonetheless you're right in someways. =)

the_fallen SG

Who the hell works only from 8am to 5pm?

Try 8am to 10pm.

isn't that insane OT with no life and pure work only?

charlize SG

isn't that insane OT with no life and pure work only?

You want to tell your boss that?

the_fallen SG

You want to tell your boss that?

well, tell that to yourself..

you choose to be in that situation yourself..in the rat race with little to no rewards no matter how hard you run forward.

charlize SG

well, tell that to yourself..

you choose to be in that situation yourself..in the rat race with little to no rewards no matter how hard you run forward.

Ouch.

eagle SG

isn't that insane OT with no life and pure work only?

That's the case when you first start a business. And it could remain the case for the first 10 years.

SGporkz SG

very common man... asking u repot to work from like 11am to 10pm.

to make things worst... its 6 day per week..

2k and/or lesser.. but have comission if u can hit target...but v hard. tried for 2 mths during my sch break.. n i say those who stay there for years must be really UP..

crazy ~

the_fallen SG

Ouch.

Lol..

So are you gonna keep on letting yourself be on the bbq stick and get roasted over and over again til your skin turn black from overburnt?

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