Robert Kiyosaki, an expert in financial sector, tells about the rat race in many of his works. This is the race of our lifetime about income and spending, about revenue and expenses. We regularly receive our income from our paychecks yet we spend the same to pay bills and satisfy our wants. Then we are trapped in this rat race. We live to pay our bills everyday along our lifetime.
He then divide the income flows into two categories i.e. active income and passive income, while active income means “we work for money” and passive income means “money works for us”. Those who live with a passive income are the wealthiest, and vice versa for those living with the active income are told won’t be able to achieve financial wealth. To get a passive income, a person must have business where they do not always have to be present in it as “business owner” or have a very good investment as “investors”. If someone is still working for someone else to get income as an employee, or a self-employed which still have to work to earn money, his income has not been passive but still active income. The only way to escape from the rat race then is by moving from active income to passive income, from employee or self-employed, to become a big business owner or investor. And this is the challenge that Robert Kiyosaki left to his readers.
Well, what if wherever we are yet we still can achieve the financial wealth? Either as an employee, a self-employed, a business owner, or an investor. Surely we can! Think about scientist in nuclear reactor who works in the laboratory with a very huge income. Think about a foremost public speaker, as a self-employed who get paid very much in one of his seminar so doesn’t have to work again for two years ahead. And also think about a big business owner who get betrayed by his partner then finally get bankrupt and become so difficult to start it all over again. Or even a consecutive huge fall of many investors in the stock markets so they lose almost everything in their pockets.
You see that to achieve a financial wealth is not just simply about what kind of income you get either an active or passive one. It’s deeply more about a balance in life, between wants and needs, desires and abilities, greed and generosity, challenges and skills, assets and liquidities, and off course about risks and opportunities. Where you stand for today to generate income is no more matter along your way to manage your financial gain is a well sophisticated. You believe it now.