Wednesday, January 29, 2014

6 steps to invest in real estate

Robert Kiyosaki  revealed the 6-Steps how to invest in Properties and Real Estates

1. Decide To Be Investor
2. Find An Area
3. Identify Properties
4. Analyze, Offer and Negotiate
5. Put together the deal
6. Property Management

Robert Kiyosaki is a Japanese American investor and author of popular book 'Rich Dad Poor Dad' where he wrote of his two dads. His rich dad taught him to think differently, inspired and helped him get rich on his own.

Monday, January 27, 2014

Recomment buying for cash flow

I use Debt instead of Money , I don't go for capital gain , I buy for cash flow , we have this baby boom generation 80 million strong and ninety percent of them don't have money the government just cannot afford to pay for their social security and medicare.


Robert Kiyosaki is a Japanese American investor and author of popular book 'Rich Dad Poor Dad' where he wrote of his two dads. His rich dad taught him to think differently, inspired and helped him get rich on his own.

Thursday, January 23, 2014

Growing your money is exciting

Managing finances is fine, but the exciting part is growing them. A great way to involve kids in the family finances is to do a few investment projects together where you allow the kids to learn about an asset class and help you find a good opportunity in which to invest some money. A friend of mine helps his kids think through and start little micro businesses like finding golf balls and selling them back to the golfers in the clubhouse. These are great lessons for kids to learn to put entrepreneurial thinking into practice and to keep their eyes and their minds open to opportunities


Robert Kiyosaki is a Japanese American investor and author of popular book 'Rich Dad Poor Dad' where he wrote of his two dads. His rich dad taught him to think differently, inspired and helped him get rich on his own.

Wednesday, January 22, 2014

Rich Dad poor dad motivation quote

Don't let the fear of losing be greater than the excitement of winning.
~Robert Kiyosaki Quote


Robert Kiyosaki is a Japanese American investor and author of popular book 'Rich Dad Poor Dad' where he wrote of his two dads. His rich dad taught him to think differently, inspired and helped him get rich on his own.

Tuesday, January 21, 2014

Difference between Bad Debt and Good Debt

Bad debt is debt that is used for liabilities. Again, a liability is anything that takes money out of your pocket. Good debt is debt that is used to purchase assets, which puts money in your pocket. Those who struggle with debt do so because they often make poor financial decisions to purchase things they can't afford. They take on bad debt constantly.

My advice is to pay off your bad debt as quickly as possible and to never go into bad debt again. Instead, use your money to purchase assets rather than liabilities. Those assets will allow you to enjoy the finer things in life later on. Unfortunately, most people don't have the self-control or the patience for this.


Robert Kiyosaki is a Japanese American investor and author of popular book 'Rich Dad Poor Dad' where he wrote of his two dads. His rich dad taught him to think differently, inspired and helped him get rich on his own. 

Friday, January 17, 2014

Increase your financial knowledge

We're guessing with the enormous success of "Rich Dad" that you feel pretty financially secure. But what habits should everyone, from the most cash-strapped to the comfortable, get into in order to become or remain financially solvent?

The first step is to increase your financial intelligence through financial education. Read books, attend seminars, and build a network of smart financial friends and advisers.

Once you understand how money works and how you can make it work for you, you're well ahead of the majority of people.

On a very practical level, don't go into bad debt trying to live a lifestyle that you can't afford. Lots of people buy things like televisions, cars, clothes and vacations on credit, convincing themselves that they need these things. But those items are liabilities. They take money out of your pocket and don't put any money in. Instead, put financial education into action and start with small investments in assets that produce cash flow each month and build up your investments until the cash flow allows you to enjoy life's luxuries.

Wednesday, January 15, 2014

Involve kids with finances

Managing finances is fine, but the exciting part is growing them. A great way to involve kids in the family finances is to do a few investment projects together where you allow the kids to learn about an asset class and help you find a good opportunity in which to invest some money.

A friend of mine helps his kids think through and start little micro businesses like finding golf balls and selling them back to the golfers in the clubhouse. These are great lessons for kids to learn to put entrepreneurial thinking into practice and to keep their eyes and their minds open to opportunities.

Robert Kiyosaki is a Japanese American investor and author of popular book 'Rich Dad Poor Dad' where he wrote of his two dads. His rich dad taught him to think differently, inspired and helped him get rich on his own. 

Monday, January 13, 2014

Change mindset to money

A lot of what we teach our kids about money has to do with a scarcity mentality. We say things like, "Live below your means" and "We can't afford that." Also, sometimes we teach our kids to look at money as bad, saying, "Money is the root of all evil."

The reality is that the correct quote is, "The love of money is the root of all evil." Ironically, I think the scarcity mentality of money is really the love of money. It's a fear of losing money that causes us to protect it so much and not take risks. The best way to talk about money with kids is to show them the world of opportunity before them and teach them that money is simply a tool for enjoying that world of opportunity.

Say things like, "Live above your means" and "How can we afford that?" Teach them to look for (and find!) opportunities where others see only obstacles. That is a change in mindset that allows them to not work for money, but instead have money work for them.

Monday, January 6, 2014

Robert Kiyosaki on Silver to $100

Sooner or later, silver will easily go to $100 per oz.silver is running out and there's QE3 is going to happen more money devaluation, there's not enough silver and gold for everyone, less than 1% of the world is investing when 20,50, 70%+ of the world starts to buy where will the price go. Watch in the coming months where all precious metals will go.

Robert Kiyosaki is the author of Rich Dad Poor Dad. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Friday, January 3, 2014

Kiyosaki: What is True wealthiness ?

Robert Kiyosaki : To be truly wealthy, we must be able to give more than what we receive

Thursday, January 2, 2014

Money is not everything

Robert Kiyosaki ‏: If you're just about the money, it will likely become too hard and you'll quit or you'll become someone no one likes (or both)