Rich dad video

Here is the man himself telling the things everyone should know. Powerful!

Education from the best

I have been out for some time so i have not been able to post regularly. i talked about financial education in my last few articles . It is very important to learn about the money and let our children learn about it too. Thia can help them all their lives in what ever they choose to do .

We should start teaching them about money at an early age . Schools do not give enough emphasis on the financial education as Robert Kiyosaki also quotes in his book Rich dad poor dad.

And we should try and learn from the people who have achieved something , who can teach you through their own experiences and are already successful. You would not like to take advice from a person who himself is struggling to make his living . Successful people and achievers are the one to look forward to.

I opted to learn from people like Robert Kiyosaki, Brian Tracy, Joe Girard, Anthony robbins and many more world class gurus through their books, CD's , seminars. Powerful Life changing stuff.

Learn more about being a RICH DAD to you success and Financial Freedom..
Your partner in success...
Gagan.

Rich dad on Reed

There is this review of Kiyosaki's book Rich dad Poor Dad by John T Reed which was written way back in the year 2000. This review gets a very high traffic till date. people who criticize Kiyosaki on his book often point out to this review .

What I believe is that Rich dad teaches some great real-world lessons in a simple and insightful way. It’s always easy to criticize and blaming others, taking things out of context. And it’s always hard to look at ourselves, feel the need to change and then making the required efforts.

Rich dad poor dad is a simple book which tells you all the things a person should know about money. It has positively changed and inspired millions os people . Robert kiyosaki has prooved himself to the world , he is known all over as a successful multimillionaire . His books are the best sellers and he teaches people to be financially free.

There is a letter by kiyosaki addressed to Reed on his review which i have posted on my other blog, you can see it here.

Learn more about being a RICH DAD to you success and Financial Freedom..
Your partner in success...
Gagan.

Investment education

The only way you can make money work for you is by makin investments. I have been learning a lot by RICH DAD series of Robert Kiyosaki. It is good investment that will be a source of passive income and will go on a long way to your financial freedom.

RICH DAD says, to make money work for you, you have to learn how money works. Making investment is the best way you can put your money to use. If it’s lying idle with you in any form, it will not work instead will loose its purchasing power as the time passes by. So smart investments make up a positive cash flow and are very essential, if we really want to be financially free.

We should be able to see the right opportunity. To make the right decision we should think like business owners because if we think like we own the business to have a clear understanding of your investments, what are you investing in, what is the business model , what are the risks involved, how the company makes its profits and so on. These are the basic facts and figures you should know before making your investments.

And finally about taking the right advice . We should be be able to distinguish between good and bad advice . Investments are always involved withs some degree of risk and we should be able to take to know the risk and take the responsibilty of the decision even when we act upon the adive of someone. Kiyosaki says, if you can educate yourself to know the differences between those three types of advice, getting rich is easy.

Its the financial education which helps you see the opportunity and take the right decision.

Learn more about being a RICH DAD to you success and Financial Freedom..
Your partner in success...
Gagan.

Learn credit by RICH DAD

I want to continue over debt because this is where we all go wrong, and it’s very important to know the basic facts .

Most of us know that millions of people are deeply mired in credit card debt. Many financial experts have said repeatedly, "Get out your scissors and cut up your credit cards. But Kiyosaki says this is not a solution to avoid debt. We have to solve this problem by financial education.
It is this education which makes you use your debt wisely. But this is not taught the way it is needed . The education system should give equal importance to both acedemic and financial literacy.

Today use of credit cards is convenient as well as necessary, as they a widely accepted around the world. Online shopping requires credit cards. And they give us a kind of a financial freedom, what we need to know is how to use them wisely and to our benefit. People tend to fall in the debt trap and most people take bad debt and turn it into horrible debt. But their problem isn't credit cards -- it's a lack of financial know-how.

Learn more about being a RICH DAD to you success and Financial Freedom..
Your partner in success...
Gagan.

Be RICH , know easy money - Debt

There is this piece of information i read about lending and debt. In order to be like a RICH DAD and learn about money, we have to learn how money works on a global level, with respect to nation’s economy and on the personal level too.

I wonder how simple basic concepts have the power to change the financial situation of a person. RICH DAD gives the same concepts in a way everyone can understand. So you don’t have to be a financial analyst to know them.

This is a time where big economies are on a lending spree and developing nations are giving a respectable growth trends. Today a country doesn’t get rich in old ways by getting into wars and attacking weaker nations, they just buy another country’s wealth and debt.

On a more personal scale, many individuals fall prey to the lure of easy credit with credit cards, school loans, and mortgage debt. Once the lenders have you hooked on debt, they're assured of a steady stream of income for years, hoping you never pay it off. And if you default, they may force you into liquidating your assets. Banks and other financial institutes are more than happy to give you easy money.

There is no harm in borrowing money. RICH DAD says, we can not say all debt is bad, because there are situations where borrowing money is crucial for growth, investment and expansion. Without borrowing money or taking a loan we might loose a good opportunity.Good debt is debt that generates income. Bad debt is debt that goes to buy stuff.

To be like a RICH DAD, get yourself out of the bad debt cycle.

Learn more about being a RICH DAD to you success and Financial Freedom..
Your partner in success...
Gagan.

RICH work smart

This is a age of smart working not hard working.
I have come across a lot of hard working people work all their lives and still are not able to manage a good living leave aside making investments.

RICH get RICHER by saving on taxes, and the majority of us face the burden .
Rich dad shares a fact that the salaried class are the highest taxed people all over the world . I think they are the people who make economies run.According to kiyosaki, the richer are getting richer because they have more control over their number one expense that is taxes.

With the limited exposure and programed to work day and night in the same routine work which hard work most of the people get limited incomes, which are again wiped out through taxes.

So financial education becomes more important not only for the growth but also for the survival.
Get out of Rat race - Robert Kiyosaki .

Learn more about being a RICH DAD to you success and Financial Freedom..
Your partner in success...
Gagan.