“Build an asset that generates an income without you having to perform hours of work for it. You have to stop trading time for money.”
Rat race means chasing after something that is not worth it.
Watch the full episode of How To Escape The Rat Race Society and Leave the Wage Slavery to Financial Freedom?
How To Escape The Rat Race Society and Leave the Wage Slavery to Financial Freedom?
The most fundamental reason why you should build an asset that generates an income without you having to perform hours of work for it is simply that it provides you with a certain degree of freedom. You could buy a rental property, a franchise, or set up a business and make it earn money for you, freeing you from endless hours of work. This has the potential of giving you the freedom to work on your own terms, making you much more free in so many ways.
Disclaimer: We are not financial advisors. The content on this website and our YouTube videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won’t experience any loss when investing. Always remember to make smart decisions and do your own research!