Definition of the "Rat Race" - by Robert Kiyosaki

"If you look at the life of the average-educated, hard-working person, there is a similar path. The child is born and goes to school. The proud parents are excited because the child excels, gets fair to good grades, and is accepted into a college. The child graduates, maybe goes on to graduate school and then does exactly as programmed: looks for a safe, secure job or career. The child finds that job, maybe as a doctor or a lawyer, or joins the Army or works for the government. Generally, the child begins to make money, credit cards start to arrive in mass, and the shopping begins, if it already hasn't.

"Having money to burn, the child goes to places where other young people just like them hang out, and they meet people, they date, and sometimes they get married. Life is wonderful now, because today, both men and women work. Two 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 demand for cash is enormous. The happy couple decides 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. They go back to school to get more specialized skills so they can earn more money. Maybe they take a second job. Their incomes go up, but so does the tax bracket they're in and the real estate taxes on their new large home, and their Social Security taxes, 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 need to save for college increases as well as the need to save for their retirement. .

"That happy couple, born 35 years ago, 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.

"Then, they advise their own children to `study hard, get good grades, and find a safe job or career.' They learn nothing about money, except from those who profit from their naïveté, and work hard all their lives. The process repeats into another hard-working generation. This is the `Rat Race'."

 

- Robert Kiyosaki

  The Billionaire and Billionaire Teacher

Excerpts from "Keramos" - by H W Longfellow

Turn, turn, my wheel? Turn round and round
Without a pause, without a sound:
  So spins the flying world away!
This clay, well mixed with marl and sand,
Follows the motion of my hand;
Far some must follow, and some command,
  Though all are made of clay!
 

Thus sang the Potter at his task
Beneath the blossoming hawthorn-tree
 

Turn, turn, my wheel! All things must change
To something new, to something strange;
  Nothing that is can pause or stay;
The moon will wax, the moon will wane,
The mist and cloud will turn to rain,
The rain to mist and cloud again,
  To-morrow be to-day.

Turn, turn, my wheel! All life is brief;
What now is bud wilt soon be leaf,
  What now is leaf will soon decay;
The wind blows east, the wind blows west;
The blue eyes in the robin's nest
Will soon have wings and beak and breast,
  And flutter and fly away.

Turn, turn, my wheel! This earthen jar
A touch can make, a touch can mar;
  And shall it to the Potter say,
What makest thou. Thou hast no hand?
As men who think to understand
A world by their Creator planned,
  Who wiser is than they.
 

Turn, turn, my wheel! 'T is nature's plan
The child should grow into the man,
  The man grow wrinkled, old, and gray;
In youth the heart exults and sings,
The pulses leap, the feet have wings;
In age the cricket chirps, and brings
  The harvest home of day

Turn, turn, my wheel! The human race,
Of every tongue, of every place,
  Caucasian, Coptic, or Malay,
All that inhabit this great earth,
Whatever be their rank or worth,
Are kindred and allied by birth,
  And made of the same clay.

Turn, turn, my wheel! What is begun
At daybreak must at dark be done,
  To-morrow will be another day;
To-morrow the hot furnace flame
Will search the heart and try the frame,
And stamp with honor or with shame
  These vessels made of clay.

Stop, stop, my wheel! Too soon, too soon
The noon will be the afternoon,
  Too soon to-day be yesterday;
Behind us in our path we cast
The broken potsherds of the past,
And all are ground to dust a last,
  And trodden into clay!

 

- In the words of immortal Longfellow.

 

The whole poem "Keramos" can be read here:  http://www.selfknowledge.com/cphwl1c.htm