As we know Robert kiyosaki has two dads the rich and the poor one, these are what the rich dad said to young Robert kiyosaki:
"The most people who work for a living resent doing so. These people work for money, which is doled out in meager fashion, and they blame their boss for their poor financial position. They work hard, but they don't think financially. The rich don't work for money, money works for the rich. Being an employee sucks."
"Difference between the rich and non-rich is that the rich use their money to buy things which generate future wealth-stocks, real estate, etc. The non-rich tend to buy personal things which depreciate in value and have no ability to earn future wealth."
"In the real world outside of academics, something more than just good grades is required. I have heard it called 'guts,' 'chutzpah,' 'balls,' 'audacity,' bravado,' 'cunning,' 'daring,' 'tenacity,' and 'brilliance.' This factor, whatever it is labeled, ultimately decides one's future much more than school grades."
Robert Kiyosaki: What's rich people teach to his kid?
Health is Priceless
Well i can tell you one thing health is your most important asset of all. Whatever you do and your achievement in your life is useless without having a good health.Good health formed from positive attitude and mind. How do way you eat, sleep, exercise is the main factor. If you are in good health right now then you are okay, but you don't know what happen in the future, prepare your umbrella before it's rain.
Yes, you must have health insurance, just in case you need it, and i bet we all need it. The problem is to find a good health insurance company, which is professional, great services and offer lowest possible prices.
After comparing any health insurance online,ameriplan is one of the great
health insurance company. For sign up is easy, you can do it online. Ameriplan have basic health program which is only cost $29.95 per month ! and you can save 50% on your doctor and specialist visits. They also have AmeriPlan® Discount Dental Plan At only $19.95 per month. Sounds interesting? for more information about Ameriplan just visit their website at http://www.statewidebenefits.com/
What I Like About Robert Kiyosaki
The first thing I like about Robert Kiyosaki is that he is talking about my favorite personal finance topic--how to win financial freedom early in life. I've been work as employer in several office, and i really can not enjoy it. I really have wondering, why are those people can stand working day by day doing the same problem for years! it really motivated me to reach financial freedom A.S.A.P
The second thing I like about Robert Kiyosaki is that he rejects outright a lot of the conventional money management advice.He rejects the conventional advice to get a good education and to get a safe job and to stay out of debt and to invest for the long-term. I don’t think he is always right in the criticisms of the conventional advice that he puts forward.
The third thing I like about Robert Kiyosaki is that he is entrepreneurial.99% of my college friends work as employer, but not me, i refuse working all day for a lifetime.
The fourth thing I like about Robert Kiyosaki is that he gets people talking.Let’s say that Robert Kiyosaki doesn’t have all the answers. I personally do not believe that he does. He at least seems to possess a talent for asking some provocative questions, does he not? He gets people talking.
It's Time to College
Kiyosaki said in his book, something like this "you dont need to go to college to get rich", some people prove it, let's see Bill Gates didn't graduate. And many Web workers today feel they don't need a technology degree to succeed.
Kiyosaki is just telling lazy and/or stupid students a line of bull that lets them avoid responsibility for their poor academic performance. Well one thing i must say and i think most parents are agree that there is also more value to education than just its financial rewards.
So guys yes we can rich without college but college build up our personality, the way we think, and life values. There will be no doctor without college rite :)
Btw i know great college if u decide to be a Medical Assistant, i search the web and found Westwood have great programs for it. So if u want to be medical specialists such as physicians, podiatrists, chiropractors or any other health practitioners westwood is the place.
Where's Westwood anyway? They have four campus locations in the Chicago area, with various degree programs at each location. So if you plan for study and looking for chicago college. Westwood is the place guys. I will be proud to get college at one of the best of Illinois College. The Westwood Chicago colleges have four location include the DuPage campus, Chicago Loop campus, O'Hare Airport campus and River Oaks campus.
Chicago is great place to hang out too, it have various type of entertainment just for refresh your mind at the end of the week, so you will be ready to go college at monday, although everyone hate monday :).
Robert Kiyosaki :Positive Mind Setting
Some educated people often says :
"I'm not that interested in money."
"I'll never be rich."
"I can't afford it."
"Investing is risky."
"Money isn't everything."
And people with vision,like Robert Kiyosaki, says:
1. Having lots of time to raise his kids.
2. Having money to donate to charities and projects he supported.
3. Bringing jobs and financial stability to the community.
4. Having time and money to take care of his health.
5. Being able to travel the world with his family.
Money isn't everything but everythings need money, and we don't have to spend our life working for it, there's an option to achieve financial and time freedom.
Choosing the Quadrants
The E (Employee) and S (Self Employee) quadrant working for money for a life time, if they're not working they don't earn money.
The others quadrant B (Business Owner) I (Investor) they working to build assets and when the assets builded they don't have to working again. That is called Financial and Time Freedom
The Journey Began
In 1985 Kiyosaki and his wife were homeless, unemployed, their credit credit cards were expired and homeless until their friend offered room in her basement.
When friends and family were informed of them plight, the first question was always, "Why don't you get a job?"
Sometimes, they did a few jobs and earned a few dollars. But it was enough to bought some foods and car fuel.
Year 1985, was the worst of their lives. Anyone who says that money isn't important obviously has not been without it for long. Fear, uncertainty and hunger shortens the human emotional fuse.
Kiyosaki and his wife knew they could always find a safe, secure, high-paying job. Both of them were college graduates with good job skills and solid work ethics. But they were not going for job security. they were going for financial freedom.
Destiny come to them, By 1989, they were millionaires. Although financially successful in some people's eyes, they still had not reached their dreams. they had not yet achieved true financial freedom. That took until 1994. By then, they never had to work again for the rest of their lives. Barring any unforeseen financial disaster, they were both financially free. Kim was 37, and kiyosaki was 47.
IS IT ALWAYS NEED MONEY TO MAKE MONEY?
The answer is Wrong, the living proof is Kiyosaki himselves, he start it all by being homeless in 1985 to rich in 1989 and then to become financially free by 1994 did not take money.
It also does not take a good formal education. He has a college degree, and he said "I can honestly say that achieving financial freedom had nothing to do with what I learned in college. I did not find much call for my years of studying calculus, spherical trigonometry, chemistry, physics, French, and English literature".
Many successful people have left school without receiving a college degree. People such as Thomas Edison, founder of General Electric; Henry Ford, founder of Ford Motor Co.; Bill Gates, founder of Microsoft; Ted Turner, founder of CNN; Michael Dell, founder of Dell Computers; Steve Jobs, founder of Apple Computer; and Ralph Lauren, founder of Polo. A college education is important for traditional professions, but not for how these people found great wealth. They developed their own successful businesses.
And so the question is, "If it doesn't take money to make money, and schools do not teach you how to become financially free, then what does it take?
The answer is: It takes a dream, a lot of determination, a willingness to learn quickly, and the ability to use your God-given assets properly and to know which sector of the CASHFLOW Quadrant to generate your income from.
HOW THE RICHER RESPOND THEIR FEAR ?
Chance will be arrived for someone prepared. All of us are afraid of being loss of money, when most people are getting out and playing safe, few people take risks. But still that few people are afraid, but their respond dealing with it makes the difference.
Kiyosaki said ,"Financial intelligence is a 50/50 proposition.50% of financial intelligence is what you learn in business school, or in my case what I learned from my rich dad. It is the so-called technical knowledge about money, accounting, finance, investing, and business."
"The other 50% of financial intelligence is knowing when you are thinking rationally and when you are thinking emotionally. To simply say, ’play it safe’ is not a rational thought because it is a thought that is generated out of emotion. To say, ’play it smart’ is a thought coming from the rational brain.
It is that 50/50 relationship that is the basis of financial intelligence, and to answer your original question, why some people make more money than others."
The Cashflow Quadrant
WHAT IS THE CASHFLOW QUADRANT?
WHICH QUADRANT DO YOU GENERATE YOUR INCOME FROM?
The CASHFLOW Quadrant represents the different methods by which income or money is generated. First group is an employee which is earns money working for someone else or a company. The second are Self-employed people earn money working for themselves, such as doctor. A business owner owns a business that generates money, and investors earn money from their various investments-in other words, money generating more money.
Different methods of income generation require different frames of mind, different technical skills, different educational paths, and different types of people. Different people are attracted to different quadrants.
While money is all the same, the way it is earned can be vastly different. If you begin to look at the four different labels for each quadrant, you might want to ask yourself, "Which quadrant do you generate the majority of your income from?"
Each quadrant is different. To generate income from different quadrants requires different skills and a different personality, even if the person found in each quadrant is the same. Changing from quadrant to quadrant is like playing golf in the morning and then attending the ballet at night.
Yet, regardless of what we "do" professionally, we can still work in all four quadrants. For example, a medical doctor could choose to earn income as an "E," an employee, and join the staff of a large hospital, or work for the government in the public-health service, or become a military doctor, or join the staff of an insurance company needing a doctor on its staff.
