"The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money. . . but never learn to have money work for them." Robert Kiyosaki
The #1 New York Times Bestseller "Rich Dad, Poor Dad" is a story about the money lessons that Robert Kiyosaki learned from his two dads, his biological father, who was his poor dad, and his best friend's father, who was his rich dad. Poor dad was a Ph.D. and held a very important government position, but he never had enough money at the end of the month and he died broke. Rich dad dropped out of school at the age of 13 and went on to become one of the wealthiest men in Hawaii.
"Rich Dad, Poor Dad" is a must-read for anyone looking to develop a rich person's financial programming and mindset. The first important lesson this book teaches is the following: Don't work hard for money; instead, have money work hard for you.
Kiyosaki explains in his book that there are three types of income:
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Earned income
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Passive income
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Portfolio income
Poor dad taught his son Robert to go to school, study hard, and get good grades so that he could find a secure job that would pay him a good salary and give him excellent benefits. That is, he advised him to work for earned income, or to work for money. However, there are several problems with this strategy. First, income streams from a salary are linear: you only get paid once for your effort. If you stop showing up for work, you stop getting a paycheck. It's like being on a treadmill. Second, earned income is confined to the amount of time that you work, and time is a limited resource. Therefore, there's a limit to how much earned income you can make. And third, earned income pays the most taxes.
Passive income is income that does not require your direct involvement. You make a strong initial effort to get this type of income started, but then you do minimal work thereafter to keep it going. It can be income derived from royalties--for example, you write a book--, income derived from patents--you invent something--, income derived from real estate, and so on. Brian Lee by bulk candy vending machines to create passive income. There are many ways to create passive income and the key is to be on the look-out for passive income producing opportunities.
Portfolio income is generally derived from paper assets such as stocks, bonds and mutual funds. Bill Gates is one of the four richest men in the world because of portfolio income, not earned income. That is, he's rich because of the stock that he owns, not because of the salary he earns. One of the many benefits of portfolio income is that paper assets are easier to maintain than other types of assets.
Another way to think of passive and portfolio income is as residual income. With residual income you work hard once, and it unleashes a steady flow of income for months or even years. You get paid over and over again for the same effort. That is, you get paid multiple times for every hour of work and the stream of income continues to flow whether you're there or not. Therefore, you can spend your time doing things other than working for money. In addition, how much money you make is not determined by how many hours you work, but by how many residual streams of income you create.
Rich dad would say to Robert: "The key to becoming wealthy is the ability to convert earned income into passive income and/or portfolio income as quickly as possible." Start looking for opportunities to create passive and portfolio income and develop a disciplined, well-planned strategy for your money.
Can You Make Money Free Online?
Is it possible to make money free online or do you have to pay your way to making money online?
In researching this question, you have probably come across dozens of money making home business opportunities websites saying just join our program and the money will flow in while you sleep. Every work at home make money program out there needs your effort and money for the program to work. Not a lot of money, but just a little can go a long way. If you know how and where to invest your money for work at home online success will be yours.
If you are not willing to work hard and wisely spend money on your work at home business to make money, then the odds will be stacked against your success. This is were you get an unfair advantage in your pursuit of success. You will have to guide yourself to finding quality information, tools and tactics to become successful from working from home. With some or absolutely no idea how to make money online you have to be diligent in your efforts to succeed. It is my experience that you should follow the path you feel comfortable pursuing. This will enable you to be successful and happy in the pursuits of your goals.
No cost work for free business models are abundant where they can be found on the Internet and in business opportunity magazines. You may not be aware of the abundant amount of work at home free opportunities that are available on the internet. However, if it looks to good to be true, it probably is. Especially if there is a claim that you can make money free online.
This is the reason most people fail to be successful with work at home for free business models. It 's way to easy for work from home business seekers to sign up for this program and that work at home program. I know this to be factual. How? I would jump head first and sign up for this and that work from home program, and eventually find some cost appeared somewhere down the line. Whatever the next hot program, I was there. I failed miserably losing more money than I was making. I became a very good time waster. Eventually, I learned enough to create my own online business and make a steady stream of income from it.
How can you lose money with free work at home opportunities you ask? Very simple. Not valuing and measuring the amount of time you are spending on these various work at home online business that you are working on. Seriously, if you really want to make money online you need to take note.
The simple act of you reading this article on work at home free opportunities is an investment in your future earnings. Hopefully you will not make the same mistakes I did and assume that free programs actually existed. You should benefit from my four years of not making money until I found out how to finally make it all work out.
The Internet rewards goal setting and patience. My own experience has shown that you do have to pay a price for success--both in terms of money to buy quality information and effort to make that information pay off. If there is a way to make money free online, without paying some kind of price, either in time or money, I have yet to find it.
Did you know that there is more money in this world than ever before? Did you know that more people become millionaires faster than ever before?
But why are so many people burdened down with financial problems. Why are so many people experiencing a lack of money on the other hand? The reason is the Law of attraction. Most people do not know about this universal Law of Attraction. But it is true whatever situation you may find yourself in, is because the way things are working in this universe. You may have attracted debts into your life on an unconscious level. True nobody desires to have money problems – but the way we think about money conscious or unconsciously will bring us the matching results.
So here is how you can start in the right direction by attracting more money into your life.
It is not always necessary to get more employment and work extra hours to have more money. To attract more money into your life starts with the way you think about money.
You may think that you never will be a rich person no matter what, or you may think that rich people must be doing something wrong to get the kind of money they have. Some people think if they just have enough to pay their bills is good enough for them.
Everything in nature however is plentiful. There is enough for everybody to live the life they desire. It is not only there for a few it is whatever you are making out of it. The secret is inside of you. Whatever you are thinking you are creating. This can happen knowingly or unknowingly. Our subconscious mind has been programmed from a very early age on. Many times we are not even aware of the way we think about money. We may have heard phrases like for example: “The root of all evil is the desire of money, or this person is filthy rich, or rich people are crooks, we a re not the Rockefellers” and so on.
It is important therefore first to change the way we are thinking about money in order to attract more into our life.
You can make a list for example and write down all the good things money can do for people. Think how money has helped people after natural disasters to rebuild their homes and lives. How many people are helped everyday because of hospitals that are only possible because there was money to build them. Many children are saved every day because there is money to help. So there are literally thousands of ways to help people because of money. So money does a lot of good in this world.
After finishing your list you can use this list and read over it a few times per week to remember that money is good and it is an exchange for value. There is nothing wrong with having money. Only a person that has can contribute to others.
As you train your mind to change the way you think about money you can use affirmations that are positive and that will help you to attract more money with the Law of Attraction.
Here are just a two examples of what you could say when doing your affirmations:
I love people and I attract money into my life, money is good and I am a money magnet.
You can make your own affirmations that will help you along the way. These affirmations will reprogram you to think differently about money and to increase your awareness of money.
You can also put a money note into a picture frame and put it on your desk. This will aid you in your money focus. Increase your knowledge about how finances work. Learn more how to make better choices when it comes to spend or save money. All these things will help you to attract more money into your life. Meditate daily and learn to think and act positive when it comes to finances and money. Set reasonable goals to attract more money into your life. Ponder over this and get into the feeling of already having reached your money goal and taking full control over your financial future. Remember the Law of Attraction will respond to feelings and vibrations. Attract the money that you want into your life with the power of your inner self and the Law of Attraction!
Use Law Of Attraction To Attract More Money
Did you know that there is more money in this world than ever before? Did you know that more people become millionaires faster than ever before? But why are so many people burdened down with financial problems. Why are so many people experiencing a lack of money on the other hand? The reason is the Law of attraction. Most people do not know about this universal Law of Attraction. But it is true whatever situation you may find yourself in, is because the way things are working in this universe. You may have attracted debts into your life on an unconscious level. True nobody desires to have money problems – but the way we think about money conscious or unconsciously will bring us the matching results.
So here is how you can start in the right direction by attracting more money into your life.
It is not always necessary to get more employment and work extra hours to have more money. To attract more money into your life starts with the way you think about money. You may think that you never will be a rich person no matter what, or you may think that rich people must be doing something wrong to get the kind of money they have. Some people think if they just have enough to pay their bills is good enough for them. Everything in nature however is plentiful. There is enough for everybody to live the life they desire. It is not only there for a few it is whatever you are making out of it. The secret is inside of you. Whatever you are thinking you are creating. This can happen knowingly or unknowingly. Our subconscious mind has been programmed from a very early age on. Many times we are not even aware of the way we think about money. We may have heard phrases like for example: “The root of all evil is the desire of money, or this person is filthy rich, or rich people are crooks, we a re not the Rockefellers” and so on.
It is important therefore first to change the way we are thinking about money in order to attract more into our life.
You can make a list for example and write down all the good things money can do for people. Think how money has helped people after natural disasters to rebuild their homes and lives. How many people are helped everyday because of hospitals that are only possible because there was money to build them. Many children are saved every day because there is money to help. So there are literally thousands of ways to help people because of money. So money does a lot of good in this world.
After finishing your list you can use this list and read over it a few times per week to remember that money is good and it is an exchange for value. There is nothing wrong with having money. Only a person that has can contribute to others. As you train your mind to change the way you think about money you can use affirmations that are positive and that will help you to attract more money with the Law of Attraction.
Here are just a two examples of what you could say when doing your affirmations:
I love people and I attract money into my life, money is good and I am a money magnet. You can make your own affirmations that will help you along the way. These affirmations will reprogram you to think differently about money and to increase your awareness of money. You can also put a money note into a picture frame and put it on your desk. This will aid you in your money focus. Increase your knowledge about how finances work. Learn more how to make better choices when it comes to spend or save money. All these things will help you to attract more money into your life.
Meditate daily and learn to think and act positive when it comes to finances and money.
Set reasonable goals to attract more money into your life. Ponder over this and get into the feeling of already having reached your money goal and taking full control over your financial future. Remember the Law of Attraction will respond to feelings and vibrations. Attract the money that you want into your life with the power of your inner self and the Law of Attraction!
Don't Give Up On Your Day Job Just Yet!
I will never be the victim of a scam, not me I know better.? Sound familiar, I know I have said it?and I also know that I have been scammed. No one wants to believe that they are going to be scammed that only happens to fools who don?t know any better. It is easier then you think to be scammed on the internet when you are looking for ways to make extra money online. You read their information, see the testimonials, they are only asking for a small monetary investment and an equally small investment of your time. They want to teach you the business, tell you they are offering something no one else is offering and if you are not completely satisfied and haven?t made any money they will give you your money back. Can?t beat that right? You should, with a stick and see if it still moves.
First, there is a difference between working for yourself and working for someone else on the internet. It should never cost you money to work for someone else. Did your current employer charge you a membership fee or processing fee to work for them? No, they didn?t and that is no different then an online employer. There will be an investment to have your own business though.
Please, please, please realize that upfront cash is not your only monetary investment. When it comes to making extra money online, your time is even more valuable. Oh, it?s only a couple hours a week, a day, maybe 20 hours a month it?s not big deal. What is the payoff at the end of that week, or after two weeks, the first month? Some amount of money should be flowing in to compensate your time. Some will offer a money back guarantee, that is the money you paid to them, not for any advertising you had to do, not for any other service you had to sign up for, not for your time invested, and that is only a money back guarantee if you can find them to get it back.
Let?s talk about the other services and advertising that is the gimmick with a lot of internet marketing scams out there. You buy their product, as you are going through their program you find out that you need to sign up for four other programs to make this program work. That is not included in your money back guarantee and something you should not do. There are free sites on the net to help you build any business or find work from home jobs to help you make extra money online.
I wish that there were tell tale signs to warn you of so that you don?t get scammed while you are trying to work from home, but there isn?t really. I can only offer you this advice. If it sounds to good to be true, then it is. Money back guarantees don?t mean anything if you can?t get them to give it back. You should never have to pay someone to work for them. All businesses require some start up investment. Check them out with the Better Business Bureau online. Go with your gut instinct. It is possible to make extra money online. There are just a lot of things to consider before jumping into it and leaving your day job.
