Rat Race is a superficial term and what most people make mistake when hearing this term —” Rat Race” They think that quitting your job and getting out of the 9 to 5 grind is the ultimate theory behind this concept.

but in reality, it is not. I can tell because I run my own business and after learning these years, Rat Race is nothing but a term invented by the societal mechanism to entice you and force you to think that your job is shitty and you should quit ASAP.

Let’s Look it From a Difference Perspective—

you see, the hypothesis of Rat Race lies in not knowing who you are or in a nutshell you get deluded from your true self by engaging yourself in constant dopamine leakage and temporary emotional booster tasks like parties, alcohol etc. This becomes a cycle and slowly you start to hate your life, your job becomes a burden.

Why does This happen?

most of us while getting into a job or even business, never ask ourselves that —”

• Why I am even doing this?
• What is my purpose behind my actions?
• Is this align with my long term goal?

and most importantly this happens because we can’t get a connection with our work, in other words, we get alienated from what we are doing as per Karl Marx and get run towards other enjoyment booster activities.

most of us are confused by the fancy things of the world, the cars, the brand new gadgets that media constantly pounds you with advertisement and forces you to buy things that you never needed. This slowly creates a cycle of craving and disappointment and leads to Rat Race.

You do something not because you love it, You do it so that you can pay your EMI or buy things to impress others.

What is the Solution?

• Try focusing more on your strengths
• Find some profession, career, skills based on what you love Doing
• There is nothing wrong in jobs if you really love doing the work
• Find your “Why”.

What are your thoughts on This?👋

Cryptocurrency content creator and enthusiast

Whenever Bitcoin crashes all the “nay-sayers” rejoice and claim it’s dead. Whenever it jumps in price the “nay-sayers” get scared and then start prophesying Bitcoin’s impending doom. Every year something happens that makes Bitcoin skeptics say “see we told you so”. The mainstream news is filled with Bitcoin obituaries.

And yet Bitcoin is still here.

• Various governments have tried to shut it down.
• Various governments and governmental leaders have made public statements disparaging Bitcoin.
• Banks have made horrible public statements about Bitcoin and have often blocked people from purchasing Bitcoin.
• Countless investing “gods” like Warren Buffet have spoken out against it and some computer scientists predict that Quantum computing will ruin Bitcoin.

And yet Bitcoin is still here.

• Chase Bank rooted against Bitcoin and now they are making blockchain technology and have permission from the US government to be custodians of Bitcoin.
• The Chinese government always threatens to outlaw Bitcoin and yet China is the biggest Bitcoin miner in the world.
• Technologists have looked at Bitcoin with suspicion but now the greatest technologist in the world; Elon Musk accepts it as payment.

There will be another bear market and Bitcoin will temporarily drop in price at point many “thought leaders” will try to convince you to not buy Bitcoin or to sell it. Rest assured they are just trying to purchase your share; don’t sell Bitcoin just wait for the next bull market.

Well technically Bitcoin (BTC) it is not actually going to replace Gold. It is just very similar to Gold in a lot of ways.

Don’t take this wrong. I am actually more bullish on BTC right now than I am on Gold, but I am bullish on Gold as well.

There are some ways BTC is not like Gold as well. I will cover those first.

You cannot make Jewelry out of BTC and wear it on your neck wrist or finger. BTC is a digital asset and even though they make coins that say Bitcoin on them, the Coin is not BTC it is just someones idea on how to sell 4 cents worth of metal for a couple of bucks.

BTC has a very predictable cycle that it goes through and it last about 4 years peak to peak. We just started the 3rd year of the current cycle. Gold goes through cycles as well but the Gold cycle is a lot longer and less predictable. I have heard that Gold runs on about a 20 year cycle, but don’t quote me I could have that off by a half dozen years give or take.

BTC is actually easier and less expensive to secure than Gold. You need a high quality and expensive safe or a Bank safety deposit box to store Gold and keep it safe from thieves. Or you could by a large tract of land and bury your Gold somewhere when no one is looking. But With BTC you can secure it with a FREE on line Wallet like the Atomic Wallet or Exodus wallet. or you can buy a Trezor hardware wallet for about $80 bucks, (A one time cost) and store literally millions of dollars worth of Bitcoin on it. But that puts you kinda back at the problem you would have with Gold. You have to keep the Trezor memory stick safe from thieves. If it gets stolen it won’t do them any good because only you would have the private keys to unlock the wallet and get to the BTC but it could still get stolen or even lost in a house fire or something like that.

so how is BTC like Gold?

They are both quite rare. Gold is one of the rarest earth elements. The really easy to get gold has already been mined so unless someone finds an easy deposit of Gold ore that somehow got overlooked the Gold that will be mined in the future is going to cost more to get out of the ground and process. But even with the rarity of Gold …

BTC is actually less common than Gold. There will never be more than 21 million BTC. Not even one more than 21 million. And if you consider the fact that some people who have acquired BTC have forgotten their private keys or the password to the Wallet there is actually less BTC than 21 million now. Some say it will end up being about 15 million as the max supply because 6 million BTC will be irretrievably lost.

Both gold and BTC are divisible. Gold can be melted and poured or minted into coins that are typically as small as 1/20 th of an ounce. or even 1 gram which is about 1/32 nd of an ounce. 1 BTC can be broken down into 100 million pieces called Satoshi’s after the guy who created it. Satoshi Nakamoto. (an anonymous name)

Both Gold and BTC are fungible. In other words each unit is the same as every other unit. Most mints that make Gold coins do it with 0.999 pure gold. So a 1 oz American Eagle is the exact same weight and purity as a 1 oz Canadian Maple Leaf coin They may have different dates on each coin but you always know how much gold is in the coin because the mints have standardized it. Unless of course you buy a counterfeit coin. So this is one possible disadvantage for a gold investor.

With BTC, all BTC is the same. No matter what year it was mined. And with just a little bit of education which you can get on line from many different crypto Youtubers, you can avoid any scams, kind of like education can help you avoid buying counterfeit gold.

There are other characteristics but for time and space I will only mention one more because it is an important one.

Bothe BTC and gold are Recognizable. This characteristic is important for the purpose of your confidence that the store of value you are purchasing will actually retain it’s value in the future.

And with this last characteristic, Gold currently has BTC beat. Gold is recognized world wide as a valuable asset. It has a 5000 year history as being valuable. It goes all the way back to Biblical times in it’s history of recognized value.

BTC on the other hand has a 12 year history. And it was not all that valuable at the start during the first couple of years especially. BTC has every other digital asset beat in this category since BTC was the first one to be successful, but it is still quite a ways from the reputation of gold.

This is why I would say it will not replace gold in the near future. 50 years from now it may be a different story. But for now the people who own gold are not going to get a brainstorm and sell their gold to buy BTC. Most people who own a lot of gold, have other things they would rather sell if they decide to buy BTC.

In fact from what I hear, there are quite a few of the people who were early investors in BTC are using gold purchases as an exit strategy to transfer their BTC and Crypto wealth into.

And when we get close to the end of the 4 year cycle of BTC in Dec. 2021 There will be a lot more buying pressure on gold and more selling pressure on BTC.

What are the most useful money investment and saving tricks?Answer1.4KFollowRequestMoreAd by Top Trends SpaceSydney man arrested for possession of $593,000 in cash.Police expose where his money really came from.Learn More100+ AnswersChetan Sharma, Learned Finance the Hard WayAnswered August 3, 2016

These are few ways you can help yourself in saving and growing money.

The Law of Debt –

Debt => Expenditure > Income

You don’t need a degree from Stanford to understand these two equations. It is plain common sense, yet graduates from all top universities also tend to accumulate big debts. Reduce your calorie intake and live within your means.

1. Pay yourself first – Even when you are in debt, “pay first” will go a long way. This money can be used as an emergency fund (link to article). Once you are out of debt, keep this as a life long habit. This one habit will pay off enormously in the long run. Though this might sound contrary to logic, remember decisions involving are more emotional than logical.

2. Limit your advertising exposure – When in debt, exposure to marketing calls and fancy ads on the idiot box is more harmful than exposure to UV rays. It will entice you to make rash purchase decisions. Particularly, when you are emotionally unbalanced, these marketing calls can promise you to deliver happiness at a large cost. This happiness through consumerism will of course be fleeting and thus will put in you further debt.

3. Never Go to Malls – Don’t go to malls when in debt. Chances are you will make an impulse spending that you will regret later. Period.

4. Disable on-line shopping on cards – It is not only advisable but mandatory to block all your cards for online shopping. Chances are you will make an e-commerce transaction and will regret later. The other reason is that it is easier to purchase something online is because purchasing something is just a click away.

5. Cancel gym memberships – It is an extra burden when you are in debt. I am against subscriptions but not health. There are plenty of other ways to keep yourself fit – walking, running, free yoga classes and stretching don’t cost a dime. Chances are you are not even using your gym membership and are losing money not weight.

6. Stay at home – This will avoid any chances of unnecessary expenditure. Use this time to make friends with good books. You can also use this time to meditate, self-reflect and learn some new crafts that can help increase your earning capabilities. This will also save your expenses on fuel.

7. Cook and eat at home – For me, eating out was the biggest expense. I was able to realize this once I monitored my expenses using for a month[link here]. Cooking is therapeutic and has many other benefits. Eating home cooked food will definitely improve your health. You will become more mindful of your eating habits.

8. Get a budget – When you are in debt, you surely need a budget. This budget must include the saving you have to make for yourself. This can be a simple budget with no frills attached. You can follow an envelope method to limit your expenses for any category.

9. Exercise – Last thing when you are in debt is a heavy medical bill. Exercise is the surest way to avoid this. Workout at least till it makes you sweat. That’s enough. Do this at least 4 times a week.

10. Don’t carry cards and use cash – Spending money via cash has psychological reasons attached to it. It’s psychologically difficult to give a huge amount in cash than by a card. Sometimes this will also help in overcoming impulse spending. Consider you run out of cash for a big purchase and you are not carrying your card

11. Credit card is a cyanide – While you are in debt, credit cards are nothing less than potassium cyanide. They will quickly worsen your situation. Never use them. Instead put them inside a water bowl and put that bowl in a deep freezer.

12. Cut out on TV and paid subscriptions – This has spiritual, physical, emotional, fiscal and mental benefits. I will leave this to you to figure out.

13. Find happiness in life – Coming out of debt is not just a victory over your financial habits but much more than that. It’s an inner battle with your habits, weaknesses and attitude. Overcoming this will require you to fundamentally transform your relationship with money and more importantly yourself.

14. Making Savings and Investments Automatic or rather auto-magical.

15 Your first EMI should always goes towards your savings no matter what

Expenditure = Income – Savings

Savings != Income – Expenditure.

Please read above paragraph twice.

You may read more of my articles here – Archives – TheUrbanZen3K viewsView 18 upvotes18Add a comment…Sponsored by The Legacy ReportIs this Elon Musk’s next big thing?Surprisingly, most people still don’t know about his next project, something known as S.A.V.Learn MoreBrian GoodUpdated February 17Originally Answered: What are the most useful money saving tricks?

These are money-saving tips, not investment tips.

Don’t use automatic teller machines. Don’t carry an ATM card. Don’t use a debit card. When you need cash, go to the bank. The inconvenience of going to the bank will motivate you to make your cash last longer.

Pay your credit card bill in full every month. Your credit card company will up your credit limit and send you lots of enticements. Pay no attention.

Don’t do cocaine. (That stuff is just God’s way of letting you know you have too much money and not enough sense.)

Don’t smoke and don’t drink. If you must smoke, don’t drink. If you must drink,Continue Reading56642828 comments from Mark Alan Effinger and moreSwatantra Kumar, A friend here to help you be financially confidentAnswered November 19

Saving and investing are two different things. Here are some tips and tricks for both:

Saving tips

You will be surprised to know how easily you can save money just by making some lifestyle changes. Let’s understand how:

• Saving money on electricity

Plant more trees in your surroundings

Turn off your devices when not in use

Limit your AC usage and get them serviced regularly

• Saving on commuting

Get your vehicles serviced regularly

Use vehicle AC rationally

Opt for public transport or share cabs

Opt for monthly travel passes

Club rides with friends

Use a fuel efficient vehicle

• Saving on communication

Try to avoid multiple phone connections

Leverage internet calls

Don’t opt for unlimited plans if your usage is moderate

• Saving money on entertainment

Watch movies and series online

For theatres, choose weekdays instead of weekends

Use coupon codes and discounts

Order food instead of dining out always

Mix long walks with long drives

• Saving money on shopping

Make a shopping list first and differentiate between needs and wants

Online shopping can save your time and could get you discounts

Get the very best of offers, deals and super saver packs for non-perishable goods

Make the most of season sales

Place the item you wish to buy in the shopping cart and revisit it the next day to know whether you really want to buy it.

Investment tips

Investments are not at all difficult. You just need to know a few basics.

Know about products. Understand the various investment products available to you. For instance, investment products fall into financial and non-financial assets. Within financial assets, you have market-linked products such as mutual funds and stocks as well as fixed-income products such as Public Provident Fund, Fixed Deposits and savings accounts. Any asset you invest in that helps you to save for your financial goals by giving you good returns is regarded as an investment. Insurance, on the other hand, is a financial product but not an investment; rather, it is a means to cover life. Knowing about financial products can help you make the right choice when putting in your money.

The need to invest. Year on year, there is a sustained rise in overall price levels known as inflation. This can eat into your savings or income as the years pass. To address inflation, it is important to invest in inflation-beating investments. One such investment avenue is equity funds that offer reasonable opportunity of keeping pace with inflation — as can be seen through historical performance.

Now that you are clear about financial products and what constitutes investments as well as the need for you to invest, here is how to go about it.

• Start early

• Set investment goals

• Diversify your portfolio

Spread your money across different asset classes to minimise the overall investment risk. The underperformance of one or more investments can be set off against the gains from better-performing ones.

• Stay calm during volatility

This is an example post, originally published as part of Blogging University. Enroll in one of our ten programs, and start your blog right.

You’re going to publish a post today. Don’t worry about how your blog looks. Don’t worry if you haven’t given it a name yet, or you’re feeling overwhelmed. Just click the “New Post” button, and tell us why you’re here.

Why do this?

• Because it gives new readers context. What are you about? Why should they read your blog?
• Because it will help you focus your own ideas about your blog and what you’d like to do with it.

The post can be short or long, a personal intro to your life or a bloggy mission statement, a manifesto for the future or a simple outline of your the types of things you hope to publish.

To help you get started, here are a few questions:

• Why are you blogging publicly, rather than keeping a personal journal?
• What topics do you think you’ll write about?
• Who would you love to connect with via your blog?
• If you blog successfully throughout the next year, what would you hope to have accomplished?

You’re not locked into any of this; one of the wonderful things about blogs is how they constantly evolve as we learn, grow, and interact with one another — but it’s good to know where and why you started, and articulating your goals may just give you a few other post ideas.

Can’t think how to get started? Just write the first thing that pops into your head. Anne Lamott, author of a book on writing we love, says that you need to give yourself permission to write a “crappy first draft”. Anne makes a great point — just start writing, and worry about editing it later.

When you’re ready to publish, give your post three to five tags that describe your blog’s focus — writing, photography, fiction, parenting, food, cars, movies, sports, whatever. These tags will help others who care about your topics find you in the Reader. Make sure one of the tags is “zerotohero,” so other new bloggers can find you, too.

This is an example post, originally published as part of Blogging University. Enroll in one of our ten programs, and start your blog right.

You’re going to publish a post today. Don’t worry about how your blog looks. Don’t worry if you haven’t given it a name yet, or you’re feeling overwhelmed. Just click the “New Post” button, and tell us why you’re here.

Why do this?

• Because it gives new readers context. What are you about? Why should they read your blog?
• Because it will help you focus your own ideas about your blog and what you’d like to do with it.

The post can be short or long, a personal intro to your life or a bloggy mission statement, a manifesto for the future or a simple outline of your the types of things you hope to publish.

To help you get started, here are a few questions:

• Why are you blogging publicly, rather than keeping a personal journal?
• What topics do you think you’ll write about?
• Who would you love to connect with via your blog?
• If you blog successfully throughout the next year, what would you hope to have accomplished?

You’re not locked into any of this; one of the wonderful things about blogs is how they constantly evolve as we learn, grow, and interact with one another — but it’s good to know where and why you started, and articulating your goals may just give you a few other post ideas.

Can’t think how to get started? Just write the first thing that pops into your head. Anne Lamott, author of a book on writing we love, says that you need to give yourself permission to write a “crappy first draft”. Anne makes a great point — just start writing, and worry about editing it later.

When you’re ready to publish, give your post three to five tags that describe your blog’s focus — writing, photography, fiction, parenting, food, cars, movies, sports, whatever. These tags will help others who care about your topics find you in the Reader. Make sure one of the tags is “zerotohero,” so other new bloggers can find you, too.