My sister called me the other day, she was about buying a new car and got excited. My brother-in-law just got promoted, my sister feel comfortable for a new car.
Take a look at the life of the well-educated working couple, there is a similar picture of Rat Race which is illustrated by Robert Kiyosaki in his best selling book “Rich Dad Poor Dad”:
“Life is wonderful now, because today, both man and women work. Tow incomes are bliss. They feel successful, their future is bright, and they decide to buy a house, a car, a television, take vacations and have children. The happy bundle arrives. The demaind for cash is enormous. The happy couple dedides that their careers are vitally important and begin to work harder, seeking promotions and raises. The raises come, and so does another child and the need for a bigger house. They work harder, become better employees, even more dedicated. Their incomes go up, but so does the tax bracket they’re in and the real estate texes on their new large home and all the other taxes. They get their large paycheck and wonder where all the money went. They buy some mutual funds and buy groceries with their credit card. The children reach 5 or 6 years of age, and the needs to save for college increases as well as the need to save for their retirement. The happy couple is now trapped in the Rat Race for the rest of their working days. They work for the owners of their company, for the government paying taxes, and for the bank paying off a mortgage and credit cards. ….”
Don’t you see yourself the same? have you heard about the Rat Race? how to get out of it? that’s a big issue for you and your family, ultimately.
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Lillian & Benjamin, we help families achieve financial success
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