Friday, April 19, 2013

Personal Financing with Robert Kiyosaki

Cashflow Quadrant
This book is a continuation of the Rich Dad Poor Dad book. In this book Robert Kiyosaki explains that there are four quadrants. It shows which quadrant we are in and which one we ought to be in.

The four quadrants are

E QUADRANT is for employee
These are people who are mainly afraid to take risk. They look for job security and benefits. Thus looking for jobs that offer job security and benefit. They may be highly paid but their financial status is only defined by the employers.

S QUADRANT for self-employed
The people in the S quadrant are self employed. They are specialist in their area. They want to do their own thing. They believe that if they work hard, they will be paid better. They are normally perfectionist and is hesitant on hiring staff. So they will work very hard cause if they don't work , they won't get paid. They are also not able to take leave for long as they are not able to lose any customers.

This is followed by the two Quadrant that we are advised to be in, in order to be financially free. That is

B QUADRANT for business owner
A business owner owns a business that generates money.

I QUADRANT for investor
Investors earn money from their various investments-in other words, money generating more money.

The CASHFLOW QUADRANT is also not a get rich quick book, its only a guide to financial freedom.

Rich Dad's CASHFLOW Quadrant is perfect for employees or self-employed individuals interested in finding new ways to generate cash flow. One of thing that is good about this book is the author tells us to start slow and small, gaining experience first. If you're already a business owner or real estate investor, this book delivers tools for even greater success.


Rich Dad's Guide to Investing.
This is the third book in the Rich Dad Poor Dad Series. One of the things that I have found useful in this book is that in come in short chapters of 3-4 pages each, so I usually read a chapter a night before I sleep to digest and ponder each chapter. In this book, Robert shows how to get started and how it does not take money to make money. As with the first two books, this is not a book for those who want hot tips and quick fixes.

What I like about this book, is that Kiyosaki says that if we look properly we can create our wealth out of nothing. Before finding out about Internet Marketing, I thought that this was a lot of bull. I always thought you need money to make money. But with the internet, it has never been easier to create wealth out of nothing. Take Squidoo for instance, you can write about your favourite topic and make money from it. He also says you should make a plan to be financially secure, a plan to be financially comfortable, and a plan to be rich.
As in all his other books, Kiyosaki's book is worth reading again and again.
This book is a must for those who want to be Financially Independent
One final recommendation I have is to buy his Cashflow Games. Cashflow 101 is a board game that will teach you how to get out of the rat race whatever your status is.
I have a computer version of the game and found it really interesting. It really depicts real life, once you start playing.





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Thursday, April 18, 2013

Personal Financing with Rich Dad Poor Dad


Who is Robert Kiyosaki?
Robert Kiyosaki is a motivational author in areas of personal finance, investing and business. A fourth generation Japanese American, born and raised in Hawaii. His biological dad was the head of education for the state of Hawaii. He studied in America, joined the Marine Corps, and rose to the position of an officer and also a helicopter pilot. After his tour in the Vietnam War, he joins the Xerox Corporation as a salesman to learn the art of selling. In 1977 he started his first company which was importing nylon and Velcro wallets that became associated with surfers. In the mid eighties he set up an educational company where people could learn his financial philosophies.
He published his No 1 New York Times Best Seller, Rich Dad Poor Dad in 1997. The characters in the book are off fictional people, loosely based on the people in his life. His poor dad is like most people who work hard for money, taking courses to improve their skills which they think will improve their salary and job security. Like most people that are in the rat race, poor dad is stuck paying bills and feeding his family, just getting by monthly. Eventually poor dad falls out of grace with the government and leave, retiring poor and unhappy.
Rich dad is more of a risk taker. Starting slow using his money to invest in real estate and businesses building up his assets leading to abundance of financial wealth.
He later went to write Rich Dad's Cashflow Quadrant, Rich Dad's Guide to Investing and Rich Kid Smart Kid. All the books have been on the best sellers list worldwide.
Robert later develops a board game to teach individuals about personal financing. The game is called Cashflow 101. As with reading all Robert Kiyosaki's Books, play it with an open mind so as you can learn from this game. This game is also entertaining.
Robert Kiyosaki briefly retired at the age of 47.He is still involved in his Rich Dad Educational Company. His goals are to give people information that will help them make their money work hard for them.

Personal Financing with Rich Dad Poor Dad




Well, I've just finished reading Rich Dad Poor Dad by Robert Kiyosaki for the 6th time (I like reading good books over again). This is a wonderful book that gives you simple insights on ways of handling your personal finances. It has helped me a lot. I'm not a millionaire yet but luckily someone gave me this book before the current economic downturn. I'm able to weather through.
The insight into the difference between your assets and liabilities is really good and simple to understand, which I found it to be true with purchase of gold jewelry (I have always thought that buying gold was a good investment as gold prices increase but found out otherwise).
It also got me thinking of the purchase of a house too.
You will also find out that specializing in your job is not as good you think, as it makes you more dependent on your job. This I have also found to be true with my job. I've always thought that by specializing in only things related to my work, will give me job security but as what Robert Kiyosaki states that it is not always the case. It's true, believe me.
Read the book and judge it for yourself. Just remember that this is not a GET RICH QUICK book but it gives you ideas that will open your mind to different ways of becoming financially successful. It might not make me a millionaire but I'm sure it will make me financially free and out of the rat race.


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Sunday, December 2, 2012

101 Motivational Quotes Free Ebook

101 Motivational Quotes Free E- Book

As quoted by Zig Ziglar "People often say that motivation doesn't last. Well, neither does bathing that's why we recommend it daily". Thisabad news in todays media we need some form of daily motivational reminders. Here is an e book for you to download and read it daily. I haveit on my smartphone as I have downloaded the Free Ebook. net app which I open daily one page at a time. 101 Motivational Quotes

Thursday, November 1, 2012

"Who Moved My Cheese?" What It Means to Me.

by Stephanie Zahl


In my lastfew blogs I have been talking abouttime management and it's importance in freeing up your time and energy for what is really important to you. Now I'd like to address what comes next in my brain anyways. I live inWest Michiganin an area that is not doing well. We have a largenumber ofpatients who are involved in the housing industry. There was only one house built in our township last year.Things have been going down hill around here for the last 10 years, but these guys (most of whom I think are extremely bright)wouldn't see what was happening to their industry. All this made me decide to finallyread the book "Who Moved My Cheese" by Dr. Spencer Johnson. I've seen this book on the shelves of my favorite book store for years, but I've never paid it close attention. I had important books to read like Napolean Hill's "The Law of Success" or books on how to be more organized andbe more effective. So finally after all these years I pickedup this little gem
The book talks about the lives of four characters who live in a maze, 2 mice and 2 little people. Thepeople as you can imagine over complicate things while the mice liveprepared to move on with what's next. I was surprised to find myself relating more with the mice. I've spent the last few yearsexamining every aspect of who I am trying to learn ways tobe better.I've started a blog and a new business, as well as home schooling ourkids, and handling my husbands office. My husband has been the Hem character for the longest timedisliking the changes in me, and in the business that we built our dreams around. Thoughrecently I've been seeing some Haw poke through.He hasbegun his own blog writing all the things he wants to tell his patients, but just doesn't have time.I see some one who has left his comfort zone and is trying something newI really enjoyed thevisualization process that Haw went through when he was trying todecide what to do. We have read similar ideas in other self help books,this book really alllows you to see the pictures in your head
This book does emphasis the one step so many of us miss action, he went from visualizing what he wanted to pursuing it. He realized he was never going to get more cheese just sitting where he was. He wasn't going to get any more cheese just sitting there. The initial step is always the scariest but once you get moving it's easier to keep going. This story is both ageless and timely.Our world is changing at a rate that is unheard of and once out cheese is gone it is not coming back. We all need totake a good look at ourlives and make plans on how to find our next cheese.
We are going to read this book as a family as well as reviewing it from time to time to help keep the ideas fresh in my mind. I recommend this book for everyone mothers, fathers, teens, employees, business owners. We allneed to prepare for the changes that are happening so quickly around us. Now is the time to start preparing the way for change for those of us who still have time. If your cheese is already gone now is the time to change. Read the book and then if your ready to start looking for a new cheese watch this https://apps.facebook.com/governmentapproved/?u=doczahl1" target=new>video

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Wednesday, September 26, 2012

Inspirational Words: 3 Life Lessons We Can Learn From Cars

By Deanna Mascle

I have a 6-year-old boy so the movie "Cars" has been a big hit in our house. He saw the movie in the theater and we have all watched it several times since it came out on DVD. I have come full circle in my appreciation of the movie. The first time I wanted to see it because he had enjoyed it so much. Then repeated viewings got on my nerves. However now I have come to appreciate the important life lessons my son -- and I -- can learn from this family-friendly movie. Even if you do not have a child who wants to see the movie, I suggest you check it soon to see what you can take away from the experience.

The single most important lesson that we can take away from "Cars" is the importance of teamwork. The main character learns an important lesson that is easily understood by children that no one can succeed alone. Lightning McQueen learns that not only do we need friends in our times of need but that we gain from helping others as well. By the end of the movie, he fully appreciates the value of friendship in living a happier and more fulfilled life. We can all benefit from learning how to be a good friend.

When the movie opens, Lightning McQueen is a winner and he considers winning the most important (if not the only important) focus of his life. Obviously, this holds true for much of what our society and culture teaches children (directly and indirectly) when we know as mature adults that winning is not everything. Lightning learns that there are many things more wonderful in life than winning. By the end of the movie, while he still wants to be a winner he is a much happier person because he has other ways to measure himself a success.

Finally, "Cars" teaches us that doing the right thing can be rewarding. This encompasses lessons that Lightning learning including completing a job well done and helping others. In the end, his decisions to do the right thing rather than focusing on winning at all costs turns out to be far more rewarding.

While I am the first to admit that most of us need to mitigate the impact of media and popular culture on our children, I think it is important to celebrate the movies and television shows that have a positive effect. The movie "Cars" is a positive influence on children because it teaches three important life lessons including working together, winning is not everything, and being a good person can be rewarding.

About the Author: Deanna Mascle shares more Words Of Inspiration and Inspirational Words at http://wordsofinspirationonline.info

Source: www.isnare.com
Permanent Link: http://www.isnare.com/?aid=135550&ca=Self+Help

Monday, August 27, 2012

Inspirational Stories For Everyone

by Amy Twain

Inspirational stories have always been one way of spreading values around since it allows us to learn and be aware of various values while at the same time having fun and enjoying listening and reading. Stories had played a great part in our lives because we learn from them especially if they are inspirational stories.

For example, during our childhood years, we are told that witches are evil and thus we learned to keep away from them. These days, the witches symbolizes the strangers and so, allowing the parents to teach and remind their kids to turn down any gift from them so that they can protect their kids.

Then, as we moved forward the lane of life, we eventually create our own stories. They may be inspirational stories, sad, happy, depressing, uplifting, motivating, and many others. And it is from these stories that we obtain or acquire our varied experiences hence, growing and evolving into the individuals we are today or the person in the future.

But then again, we are seldom to relate our experiences to other people, in sharing our own tales to inspire other individuals. Are we simply too happy in keeping our success to ourselves or are we even too timid or reluctant in letting other persons know regarding our moments of depression? Yet as we grow older, we rarely read stories anymore and there are less and less persons telling us new and diverse ones.

And this may be due to the lack of time since most of us are working very hard to feed ourselves and our families. Whilst we are simply too busy pursuing our own respective careers, there are times when we may lose focus in fulfilling our own spiritual needs. Perhaps that is the reason why we felt something might be missing in our lives although we already have all the money we can possess.

Often, it may just slipped in our thoughts how much we can create an impact on the persons around us or the other way around. We might need to spare some time and try talking or conversing with other people or even read certain biographies. We never know that we may be inspired or motivated by others� life stories, experiences, struggles and triumphs.

Then perhaps we will be able to change or modify our approach to life or solve our problems. Because each and every one of us has their own different and unique experiences and this made us filled with our own tales and stories to tell and relate. There is a site (www.storys4u.com) jam-packed with several short pieces giving you a chance to take a break in your hectic and stressful schedules just to relax and find time to read.

The pieces written there are in the hope to motivate and inspire the readers, not to mention to bring back the values we learn in our life so that you may also be able to inspire other people. So go ahead and enjoy the tales and stories at that site.

About the Author The author of this article, Amy Twain, is a Self Improvement Coach who has been successfully coaching and guiding clients for many years. Amy recently published a new home study course on how to boost your Self Esteem. Click here to get more info about her Quick-Action Plan for A More Confident You