The Rat Race Explained - Life's Financial Trap

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The rat race starts sometime after you are done with college. You get your first job which pays decently enough to allow you to buy your college dreams. For some, the first dream would have been to get a 72-inch plasma TV or a 152-inch one, if you are a big dreamer. So you buy your TV. Next dream on the list might be a car. So you get yourself a functional car as you wait to buy the car of your dreams. At work, you grind harder; get a promotion and a salary raise. This means that you can now afford to move to a slightly more expensive and fancier house so you do.

#TheRatRace

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DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses.