Rich dad poor dad cash flow - amusing
He is an entrepreneur, educator and investor who believes the world needs more entrepreneurs. With perspectives on money and investing that often contradict conventional wisdom, Kiyosaki has earned an international reputation for straight talk, irreverence and courage, and has become a passionate and outspoken advocate for financial education. What advice would you give your younger self about money? Choose your teachers wisely. The most important piece of real estate we own is the six inches between our left ear and our right ear. For years, I attended investment seminars on a quarterly basis. Today I attend seminars daily on YouTube. Today I can access the best teachers on my schedule — and they teach for free. What are some easy strategies or tools people can use to make sure they are thinking about their money smartly?Rich dad poor dad cash flow Video
Robert Kiyosaki - Rich Dad Poor Dad - How to Be Rich - Cashflow Quadrant, Financial Literacy rich dad poor dad cash flow
This led Robert to ask his dad how do I become rich? Rich dad owned some restaurants, warehouses, a construction company, and a chain of stores. The lesson begins with rich dad giving Robert and Mike a few menial jobs on the weekends with very little to no pay. After a few weeks, Robert loses his mind and confronts rich dad. Rich Rich dad poor dad cash flow says a job is a short-term solution to a long-term problem. When life pushes you around you can either give up or fight, it means you need to learn something. Instead, you can do what the rich do and make money work for you. The poor and the middle-class work for money. The rich have money to work for them. Fear of not making money and greed of losing it all.
This is the pattern of the rat race.
The Rich Don’t Work for Money
Once you being to use your head, you see what others miss and an opportunity arises. Why Teach Financial Literacy? Rich People acquire assets The poor vad middle class acquire liabilities that they think are assets. Simply put, an asset is what puts money in your pocket while a liability is what takes money out of your pocket.
Financial Literacy is important because we are not taught about money in schools. Wealth is the number of days a person can survive days forward without working. Cash flow tells the story of how a person handles money.
Cash Flow Mind Your Own Business The rich focus on their asset columns while everyone else focuses on their income statements. To which they replied the hamburger business. Financial Struggle rich dad says is often the result of people working all their lives for someone else. One way to get through this trap is to buy income-generating assets rich dad poor dad cash flow Stocks, Bonds, Notes IOUsand income-generating real estate. Start Minding your own business do not quit your daytime job but start buying real assets and not liabilities, which will generate passive https://digitales.com.au/blog/wp-content/custom/why-building-administrations-have-a-developing-business/nasa-budget-as-a-percentage-of-the-federal-budget.php. The History of Taxes and the Power of Corporations Accounting: Accounting is the financial literacy or the ability to read numbers.
Financial Literacy is the ability to read and understand financial statements. Investing: Investing is the science of money making money. Understanding markets: Understanding markets is the science of supply and demand. Corporation: A legal document that creates a legal body without a soul.
Why Teach Financial Literacy?
Using it, the wealth of the rich is protected. The Law: A corporation can do many things like pay expenses before paying taxes.
A corporation earns, spends everything it can, and is taxed on anything that is left. In Summary:.]
Excellently)))))))
Useful piece
It agree, it is the amusing information
What necessary words... super, an excellent idea