Skip to main content

How to Get Ahead in Life and Exit the “Rat Race”

Rules for Getting Ahead (and staying there)…

Beyond the traits that we require to embody to get ahead, there are a set of rules that we must follow in order to succeed in life and exit the rat race. These set of rules are what I like to call the “Millionaire Rules,” because it’s the same roadmap instituted by the world’s financially free in governing their everyday lives.
Just how many of these rules do you embody and how many of them are you violating?

Rule #1: Always Make More than you Spend

The first cardinal rule for exiting the rat race is to make more money than you spend. Sound simple? Well, you would be surprised at just how many people violate this rule on a monthly and yearly basis. For the most part, people end up falling further behind with each passing month than getting further ahead. In fact, statistics show that the average U.S. household as of 2014 has $15,191 in credit card debt, $154,365 in mortgage debt, and $33,607 in student loan debt.
Now, it’s true that some debt is good to carry. But, the accumulation of things like credit card debt, especially those with high-interest rates, make getting ahead remarkably difficult. But most people have a hard time when a shiny credit card is in their wallet with room to spend on. And of course, some people take this to another extreme. But, regardless of your situation, you have to ensure that you make more than you spend every single month.
No matter what you have to do, whether it’s downgrading your house, car, or lifestyle, making more than you spend should be a priority. You can never get ahead in life if you’re merely slaving away to pay back debt that you’ve already accumulated. Can you imagine just how difficult it will be to exit the rat race in this scenario? There are always room for cuts in expenses, and depending on how determined you are to get ahead, you’ll do what it takes.

Rule #2 – Save your Money

Comments

Post a Comment

Popular posts from this blog

The Magnificent Obsession - Creating A Compelling Future....

GIANT GOALS PRODUCE GIANT MOTIVATION So often, people ask me, "Where do I get my energy? With all that intensity, no wonder you're so successful. I just don't have your drive; I guess  I'm not motivated. I guess I'm lazy." My usual response is, "You're not lazy! You just have impotent goals!" Frequently I get a confused look to this response, at which point I explain that my level of excitement and drive comes from my goals. Every morning when I wake up, even if I feel physically exhausted from a lack of sleep, I'll still find the drive I need because my goals are so exciting to me. They get me up early, keep me up late, and inspire me to marshal my resources and use everything I can possibly find within the sphere of my influence to bring them to fruition. The same energy and sense of mission is available to you now, but it will never be awakened  by puny goals. The first step is to develop bigger, more inspiring, more challenging ...
Post a Comment
Read more

The Path to Wellness

Beauty is not limited to just the exterior. Beauty is intentionally nature and our physical appearance is just a small part of it. Therefore one should endeavour  to look beyond size, weight, height or skin colour to transform our personality. A number of self help books will tell you how to deal with the many aspects of one's life. To live a wholesome life one needs to transform the way we look at nutrition, grooming and attitude towards our day-to-day life. Beauty is not limited to just the exterior - size, weight, height or skin colour. Beauty is internal in nature and our physical appearance is only a part of it. Therefore one should endeavour to look beyond external factors to transform our personality. The first step in this transformation  is the acceptance of the fact that we are beautiful as we are. The important thing is to take good care of our skin,, hair  and body by eating well, exercising and maintaining basic hygiene. One must pay attention to their ...
Post a Comment
Read more

WHY DOESN'T EVERYONE SET GOALS?

You might be thinking right now, "Well, this all sounds so inspiraional, but surely just setting a goal doesn't make it happen." I couldn't agree with you more. All goal setting must be immediately followed by both the development of a plan, and massive and consistent action toward its fulfillment. You  already have this power to act. If you haven't been able to summon it, it's merely because you have failed to set goals that inspire you.  What's holding you back? Surely you've been exposed to the power of goal setting before. But do you have a list of clearly defined goals for the results you will absolutely produce in your life mentally, emotionally,physically, spiritually, and financially? What has stopped you? For many it's the unconscious fear of disappointment. Some people have set goals in the past and failed to achieve them and, as a result of their disappointment and their fear of future pain, they stop setting goals. They don't ...
Post a Comment
Read more