How to Escape the Rat Race in 3 Simple Steps

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  • Опубликовано: 26 ноя 2024

Комментарии • 132

  • @sandysanderson8588
    @sandysanderson8588 4 года назад +89

    I think the freedom is more important than the money, living off less than you make helps.

  • @BluuKiss
    @BluuKiss 3 года назад +29

    I did try to side hustle after working hours but over time, it turned my favourite hobby into a chore because I became too fixated on working hard on my side hustle. Working after working hours led me to burn out and dislike my hobby.
    I realised that if I am happy with less and live simply, I can cut back on so much unnecessary spending, then my fulltime job is actually sufficient and it isn't that bad even though I understand it is fixed pay but it is stable unlike side hustle money.

    • @TheLifeFormulaa
      @TheLifeFormulaa  3 года назад +4

      Glad you were able to find what works for you!

  • @tejano2828
    @tejano2828 3 года назад +19

    Ive been out of the rat race this is my second year free from american corporate/public slavery...thanks to my military retirement and My Tesla stocks.

  • @infoworld826
    @infoworld826 4 года назад +124

    I'm out of rat race I'm 26 now. And I don't need to work to full fill my monthly expenses. My real assets makes me free.

    • @TheLifeFormulaa
      @TheLifeFormulaa  4 года назад +5

      Nice job

    • @darvin110
      @darvin110 4 года назад +8

      That's great. Hoping for me to escape too 😊

    • @ashishsahu8245
      @ashishsahu8245 4 года назад +4

      I'm 13
      I'm looking for what to do
      Can u tell me how u got out of it or maybe make a vid
      Also tell me about what u did and second income

    • @infoworld826
      @infoworld826 4 года назад +6

      I made rental property asset. They make money for me.

    • @darvin110
      @darvin110 4 года назад +5

      @@infoworld826 That's actually my goal too. Good for you man 👏

  • @TrevorDee513
    @TrevorDee513 3 года назад +27

    I think the ability to enjoy less is key 🔐

  • @godnotavailable2094
    @godnotavailable2094 3 года назад +7

    I think it's important to always ponder your values. We are on this planet for an incredibly short, finite amount of time. Do you really feel happy and fulfilled spending a large chunk of that time working the same job, every day, year in and year out, just to make this arbitrary thing called "money" that only exists as a medium for purchasing? If you wish to live your life like that, no one can stop you. But it's important to remember that valuing your time, your health, other people, relationships, good experiences, fulfilling work, and so many other things are all possibilities too. Don't think inside the box.

  • @LifeVersity
    @LifeVersity 4 года назад +36

    Great job mentioning passive income building and definitely agree with your points on it - it's something built after our work days

    • @TheLifeFormulaa
      @TheLifeFormulaa  4 года назад +3

      Yep, it's something that can grow from side income to something you can do full time

  • @jeepguy77
    @jeepguy77 4 года назад +25

    I’m never excited to wake up any day. Lol

    • @TheLifeFormulaa
      @TheLifeFormulaa  4 года назад +8

      Find something you are passionate about. That should help

  • @dreamingflurry2729
    @dreamingflurry2729 4 года назад +7

    Well: HALT! You don't have to work more! If you can cut back on spending (or better: If you have never had extreme spending habbits - like say you more or less kept the habbits from college or from your apprenticeship (you didn't have much money then, so you didn't spend lavishly either!)), you can also cut back on your hours (more time for your side-hustle!)

    • @TheLifeFormulaa
      @TheLifeFormulaa  4 года назад

      Agreed. Cutting back on spending and saving more is very helpful

  • @jesusaguilar3158
    @jesusaguilar3158 3 года назад +4

    Wow I was doubting to watch this but I took action and watched it and wow worth the 6mins of my life

  • @keane2160
    @keane2160 4 года назад +12

    I needed this, thanks!!

  • @siddharthabose9957
    @siddharthabose9957 3 года назад +4

    Thanks for the video! First step is always the hardest, but I am going to make it in the journey of financial freedom.

  • @believe.become
    @believe.become Год назад +1

    1. cut back on spending and live below your means
    2. believe you can make money outside your job
    3. work outside your normal working hours
    4. (bonus) wake up excited on monday

  • @oxiary
    @oxiary 4 года назад +7

    this is beautiful. thank you for the vid!

    • @TheLifeFormulaa
      @TheLifeFormulaa  4 года назад +1

      Glad you liked it!

    • @oxiary
      @oxiary 4 года назад

      @@TheLifeFormulaa OHMYGOSH AYYY

  • @audreybrotherson5624
    @audreybrotherson5624 Год назад

    An excellently presented presentation with sound advice and references Thank you!

  • @TacticalCaveman997
    @TacticalCaveman997 3 года назад +11

    I just want a piece of land and a van.

    • @wanelly
      @wanelly 3 года назад +4

      That's it. That's very achievable. I wish you success. There's nothing as beautiful and knowing what you need.

    • @TheLifeFormulaa
      @TheLifeFormulaa  3 года назад +1

      You got this!

    • @dariencannon4430
      @dariencannon4430 3 года назад

      You git it man

    • @judithmakamu6967
      @judithmakamu6967 2 года назад

      True

  • @lyhs0219
    @lyhs0219 3 дня назад

    Thank you for your ideaa

  • @amednbl
    @amednbl 4 года назад +21

    I am a 15 year old in medical high school in italy my parents want me to become a doctor at first i also wanted to become a doctor but when i got into the school i realised being a doctor is not my thing i want to get into real estate it's my dream and i can work hard for it my grades are low and it's almost end of the year my school will kick me out at the end of the year and i don't know what will hapen next i need help i don't know what to do. 😔🥺😥

    • @TheLifeFormulaa
      @TheLifeFormulaa  4 года назад +5

      If you want to be a real estate agent or are looking to invest in real estate, check out Meet Kevin and Graham Stephen on youtube. They provide a lot of useful information

    • @juliem1674
      @juliem1674 4 года назад +4

      15yrs old!! U are still sooo young and don't need to put that kind of pressure on yourself.
      Do what MAKES YOU happy, if real estate is what u love, look for some entry level work/apprentice opportunities, write to real estate companies and inquire.
      Do what is right for you please.

    • @unknownaura
      @unknownaura 3 года назад

      Believe it and believe in yourself.

    • @Mark9150
      @Mark9150 3 года назад +1

      @@juliem1674 Oh and youre a millionare right, shut up don't enforce ur own medicrety on this kid, The self made ALL STARTED EARLY AGE 11 so stfu and let him be you enslaver

    • @Mark9150
      @Mark9150 3 года назад +2

      Ahmed my only advice for you is to STICK TO YOUR GUNS, Go into real estate, and believe me it will suck but newsflash so will everything else. We have to always do what we do not like doing along the way to what we want. Realize this. Sink your teeth in and don't let go. Think for yourself and please DO NOT CONFORM. People saying you should play outside are low-lifes and bums themselves. Believe me, u can catch up with fun REAL HARD so don't bother. Lay your fundamentals down, anchor your future for success and early FREEDOM. And don't let anyone tell you anything that discourages you, don't let them tell you "No'" or "You Should" It's all Bullshit. The World isn't fair. Creative bookkeeping is done for ages and ages. It's our nature. So please SINK YOUR TEETH IN, KEEP LEARNING AND APPLYING YOUR KNOWLEDGE AND DON'T STOP UNTIL YOU'RE THERE. PERIOD.
      ruclips.net/p/PLfJSAWGRnbU744eT_uBdA5HgN_TFSPYb4

  • @no_id2035
    @no_id2035 2 года назад +1

    I love your video , my brother 💯🙏. !

  • @keilapallero30
    @keilapallero30 3 года назад +5

    and what to do when the money you earn is not even enough for daily food? 🤷‍♀️😪

    • @TheLifeFormulaa
      @TheLifeFormulaa  3 года назад +1

      I never been in that situation so I can't give good advice there.

  • @simeonkwendo6302
    @simeonkwendo6302 2 года назад

    Lucky to have escaped the race, there is an end in sight, no competition, no comparison

  • @miguelangelperezsimon9992
    @miguelangelperezsimon9992 4 года назад +7

    Yeah the rat race more like Steve's life resume

    • @TheLifeFormulaa
      @TheLifeFormulaa  4 года назад +1

      He is accomplished but wasn't too good with his finances

  • @maluniversity
    @maluniversity 4 года назад +6

    in your thumbnail, why is there a guy taking a nap in a tuxedo? looks uncomfortable.

    • @TheLifeFormulaa
      @TheLifeFormulaa  4 года назад +2

      It's supposed to be him relaxing haha. Maybe I should change it

    • @maluniversity
      @maluniversity 4 года назад

      The Life Formula, nah. just thought it was pretty funny when you think about it. i think everyone gets the point.

  • @GarrettH1
    @GarrettH1 4 года назад +3

    This is a rat race but i am no rat i am a fucking turtle a ninja turtle so which one is your favorite i like Michaelangelo Tony ferguson

  • @luharatpug7907
    @luharatpug7907 3 года назад +7

    I am 18 and I want go out of Grade system but my parents and relatives are forcing me to study in college and I want escape it.
    I want to learn investing of money and investing time on me. Someone Please define the way to escape the 🐀 race .

    • @TheLifeFormulaa
      @TheLifeFormulaa  3 года назад +3

      If your parents are funding your college expenses you should go to make some connections and friends. While you are in college, work on a side hustle to earn some money. Some great resources to learn about investing your money are the RUclips channels Meet Kevin and Graham Stephen

    • @luharatpug7907
      @luharatpug7907 3 года назад

      @@TheLifeFormulaa
      Thanks for giving great idea for my problem and helping me to escape this 🐀 race.

    • @ThuNguyen-lp2kw
      @ThuNguyen-lp2kw 3 года назад

      Hi @Luhar, how is everything going?

  • @proud9587
    @proud9587 3 года назад +2

    Where is the steps ?

    • @TheLifeFormulaa
      @TheLifeFormulaa  3 года назад +2

      1. cut back on your spending and live below your means
      2. believe you can make money without having to show up to work
      3. work outside your normal working hours

  • @FunWithBobbyBalistic
    @FunWithBobbyBalistic 4 года назад +3

    Oh no... I’m Steve! D,:

  • @markrobby7136
    @markrobby7136 2 года назад +1

    First things to cut, food and rent? I don't think the food you eat should be the problem, but unnecessary things and extravagant living to prove you're better than others

    • @TheLifeFormulaa
      @TheLifeFormulaa  2 года назад +1

      I agree. Cutting back on unnecessary spending should be top priority. Guess I didn't mention that when I made this video back then

  • @rubelhosem9285
    @rubelhosem9285 2 года назад

    Nice video

  • @Heloobehappy
    @Heloobehappy 3 года назад

    Ans
    Extreme frugality and then retire early live your life 🙂

  • @misterbanshee7992
    @misterbanshee7992 4 года назад +2

    That life style creep is killing his investing lol don’t ever do that.

    • @TheLifeFormulaa
      @TheLifeFormulaa  4 года назад

      Definitely gotta watch out for life style creep

    • @misterbanshee7992
      @misterbanshee7992 4 года назад

      @@TheLifeFormulaa I mean I’m 26 with only 30k saved I have to literally only be eating bread and water to save money 😂 hard times out there

  • @coleemerald4094
    @coleemerald4094 4 года назад

    This is my dream. This is the only reason I wanna b riche

    • @TheLifeFormulaa
      @TheLifeFormulaa  4 года назад +1

      Having money can be freedom

    • @coleemerald4094
      @coleemerald4094 4 года назад

      @@TheLifeFormulaa exactly mentally and physically.

    • @coleemerald4094
      @coleemerald4094 4 года назад

      @@TheLifeFormulaa exactly mentally and physically

  • @SauravJhaSings
    @SauravJhaSings 4 года назад +1

    👍👍👌👌☺☺

  • @Dragonlord9
    @Dragonlord9 Год назад

    This video Narrator must be a Chinese... with quite heavy Chinese accent

  • @administrativeprofessionalsllc
    @administrativeprofessionalsllc 4 года назад +8

    I am not cutting back on $hit! Instead I'm increasing my income. 😁👍😇
    Happy New Year Everyone!!!!!
    #2020Vision Get what you deserve: Ask and it will be answered. Give and you will receive.

  • @TyraHigh
    @TyraHigh 2 года назад

    This is just another race

  • @victorkr31
    @victorkr31 4 года назад +1

    I think you forgot to mention about taxes. Cause for me that’s the real rat race

  • @----M---
    @----M--- 4 года назад

    Third comment💥✌️

  • @OFDM-network
    @OFDM-network 4 года назад +2

    Who buys a TV in 2020?

  • @sariahlace5944
    @sariahlace5944 2 года назад

    Rat race/hamster wheel
    This is the least intelligent thing
    us humans do
    what a cruel joke 😆🤣😆😀
    And it’s both detested and revered
    all the while,the average human is oblivious to the scam
    we’re so indoctrinated into believing,that this is the way,life is,and always have been
    the pursuit of happiness 😆🤣😅😆
    is a trap that
    consist of constant debt,constant stress
    constant lack of peace,constant lack of time,constant lack of resources.

  • @WiFiTubeTV
    @WiFiTubeTV 3 года назад +1

    you can start a blog and social media following and run ads LOL what a load of crap. Thanks