Escaping The Rat Race

DID YOU KNOW?
Dell computers was started by 19 year old, Michael Dell with just $1000!

I like to say that money is the greatest inspiration so today on InspirationMonday I'll like to talk $$$!!

What's the major difference between the rich & the poor? Is it true that the poor are more hardworking than the rich? Are the rich just fortunate opportunists? Or is there something they know that we don't?

First thing first, wealth means different things to different people. But I'm sure we all agree that we'll like to be able to afford the good things of life if we could. But to do that one needs to attain financial freedom. And this cannot be achieved by depending on a monthly income from your day job or playing the lottery expecting a miracle from Mother Nature.

It's all about getting down to work. But what kind of work are we talking about here? You need to have money working for you & they don't teach that in schools.

This is where I introduce the concept of passive income. You see, the thing is an active income is an influx of cash you get from a job or business only that you are required to be physically present to get this kind of money. 

But what if you could have money coming in from your business while you have other run the business for you like Bill Gates does? Wouldn't that be fantastic!

I'm going to enlighten you more on the topic next week in the second part of this article. But the one thing I want to highlight is the need to create another outlet, a source of income that doesn't require you actively going to work on a daily. It is this source of income that is sustainable, that can take you out of the rat race & set you up on your way to financial freedom.

The secret of getting ahead is getting started. -Mark Twain

Knowledge is key. The application of knowledge is powerful. Now that you know, get busy trying to figure out what investments you can make trying to get yourself some passive income. Until I come your way again next week. Cheers ^•^