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Wisdom of Rich Dad

Wisdom of Rich Dad
Layman's view of the teachings and learnings from Robert Kiyosaki books such as Rich Dad, Poor Dad and Cashflow Quadrant
Articles: 1, 2, 3, 4, 5, 6, 7

Articles

Students burdened by overdraft charges
2007-12-23 18:30:00
By Harriet Johnson Brackey , South Florida Sun-Sentinel October 01, 2007  FORT LAUDERDALE, Fla. - College students have the burden of big tuition bills, heavy student loan costs and textbook prices that are out of sight. And, it seems, $1 billion in bank-account overdraft fees, too. The Center for Responsible Lending, a nonprofit group, raised an alarm about ...
More About: Students
A Financial Game Plan for Students
2007-12-21 18:19:00
Asha Santee loves shoes. Especially sneakers. Every time she got money, she bought a pair. Sometimes even two. While her feet were covered, her wallet was empty. “I felt like I’d just gotten money yet was always asking, ?How come I’m broke?’” the 20-year-old Howard University senior said with a laugh. “My biggest mistake was spending ...
More About: Students , Financial , Game , Plan
3 Money Lessons Which Will Make You Rich
2007-12-19 18:13:00
Rich people aren’t smarter than “average” people, but they do make different choices on how to spend their time and their money. In fact, according to Dr. Thomas J. Stanley, author of “The Millionaire Mind,” there are five “success factors” that more than 80% of millionaires agree on as main ingredients to their success, two ...
More About: Money , Rich , Make , Lessons
10 quick tips to good personal finance
2007-12-17 18:05:00
The Hartford Financial Group offers these 10 quick tips to help young adults get started on the road to good personal finance. 1. Make a plan. Write down your net worth, listing everything you own and owe. Prepare a budget. Once you see it on paper, take control and make changes so your money is doing ...
More About: Personal , Personal Finance , Finance , Tips , Quick
Education hinders wealth? - Robert Kiyosaki
2007-12-15 18:00:00
THE principles of making money are surprisingly simple. You do not have to be intelligent or well-educated to be rich. We need no verification of that. Most of us know at least one wealthy person who is neither educated nor smart. In fact, judging by the number of poor people with PhDs, higher education must actually be a hindrance ...
More About: Education , Wealth , Robert Kiyosaki , Robert , Robe
Difference Between Class and Wealth
2007-12-14 15:28:00
Does people living in the uppper class means they are rich? Adam Beyah in his blog said: There is a big difference between class and wealth. One might live as a middle class or upper class but that doesn’t mean they have true wealth. Wealth is a balance sheet function. Most people believe that wealth is an income ...
More About: Class , Difference , Diff
In control
2007-12-13 18:00:00
~ Robert kiyosaki ~  Most of us have heard the phrase ?health, wealth and happiness.? But what actually brings health, wealth and happiness? Is it success, and success alone? My poor dad was a successful man. He had a Ph.D. and was well-respected and accomplished. But he had poor health, very little wealth and was rarely happy. ...
More About: Robert Kiyosaki , Control
Kim Snider interviews ?Rich Woman? Kim Kiyosaki
2007-12-11 17:40:00
Kim Snider is an author, speaker and host of Financial Success Coaching, Saturdays at noon, on KRLD Newsradio 1080, Dallas - Fort Worth. In this podcast, Kim interviews Kim Kiyosaki about her book, Rich Woman , and the lessons of cash-flow investing.  
More About: Interviews
Financial gift ideas
2007-12-10 07:32:00
Rob Stock (New Zealand) looks at tasteful and enduring ways to leave money under the tree at Christmas although some ideas come with risks.   Struggling for gift ideas? Your loved ones might like a financial present. Although chocolate money is a traditional stocking filler, there are plenty of options for those wishing to give more durable forms ...
More About: Ideas , Gift Ideas , Financial , Gift
Raising Financially Savvy Kids
2007-12-07 11:54:00
  Life’s a lesson: Kids learn reading and arithmetic in the classroom. They learn sport, and a sense of fairness, on the playground. But surveys show that kids learn everything they know about money from their parents. Precisely when they learn about earning, saving and spending is difficult to pinpoint, but as a parent, it’s within ...
More About: Savvy
Individual Retirement Accounts (IRA)
2007-12-05 05:43:00
An IRA is a special type of account that comes in a few flavors, but for now, we?re going to focus on the two most common: traditional and Roth. Traditional IRA The traditional IRA allows you to invest a certain amount of your income and deduct those contributions from your taxable income (you invest with pre-tax dollars). ...
More About: Retirement , Individual , Tire
Silver lining for nervous investors?
2007-12-03 05:23:00
- Robert Kiyosaki  The subprime mess is widespread, and it seems to be getting worse. It’s certainly worse if you’re about to lose your home. The stock market is schizoid — up one day and down the next. If you’re a day trader, this volatility is pure heaven; if you’re getting ready to retire, it’s likely to ...
More About: Silver Lining , Silver , Investors
Why Rich Kids Don?t Stay Rich
2007-12-01 15:49:00
- Robert Frank - Rich kids, we hear, have it all. Money. Connections. Top educations. Cars and clothes. For those who are part of what Warren Buffett calls ?the Lucky Sperm Club,? life is supposedly one long shopping trip with an no-limits ATM card. But what if it?s not? What if growing up rich actually has disadvantages? And what ...
More About: Kids , Rich Kids , Stay
Holiday Message from Robert Kiyosaki
2007-11-30 14:52:00
As you know, 2007 has been a turbulent year in politics, war, weather, and money. For many families it has been a tough year financially, especially if they lost their home or their job due to the sub-prime credit market mess. During this holiday season, it is more important than ever to be kind to ...
More About: Holiday , Robert Kiyosaki , Message , Robert , Robe
John Paul Pigeon at Unlimited Motivation
2007-11-29 08:19:00
John Paul Pigeon , the Cashflow Kid, at Umlimited Motivation seminar. [YouTube saaSzgsuRtE]
More About: John , Unlimited
A Kid?s Perspective on Business and Investing
2007-11-27 04:05:00
John-Paul Pigeon started reading the Rich Dad books at just 7 years old when he found Rich Dad Poor Dad. Now at a very mature 11 years old, he is one of the most business-aware young investors in Texas. Listen to John Paul Pigeon as he talks about business and investing:  Kids Perspective on Business and Investing
More About: Sine
CashFlow for Kids at Home and at School
2007-11-25 08:12:00
Now there is another electronic version of Robert Kiyosaki’s CashFlow Game - the version for kids at home and at school.  This is targetted at kids going to or starting schooling. RoganStreet.com : CashFlow for Kids at Home is an electronic version of the CashFlow for Kids board game. Objectives for the new game include: New Character ...
More About: School
Kiyosaki: The U.S. middle class will disappear soon
2007-11-23 17:33:00
The author of the bestseller Rich Dad, Poor Dad, told a Tel Aviv audience yesterday that the middle class in the U.S. is about to disappear, and the rich will get richer; and the U.S. is heading toward a recession that will last for a few years. This is bad news for many people, but ...
More About: Robert Kiyosaki , Middle , Class , Middle Class , Disappear
Property viewed ?safer than cash?
2007-11-21 17:23:00
A majority of British people believe buying property is now a safer place to put their money than saving with a bank or building society. Research for the BBC Two series, The Truth About Prop erty , found 53% of respondents believed owning property was safer than cash. The poll took place in the aftermath of the Northern ...
More About: Investment , Cash , Pert
Teaching Your Kids Financial Literacy
2007-11-21 17:21:00
Just as you teach your children to read books, you can help them become financially literate as well. Here are some ideas for your financial lesson plans. Begin Early Teach three and four year olds to count their change; it can be a financial lesson, as well as a mathematical one and help them become familiar with ...
More About: Kids , Financial , Teaching , Literacy
How wealthy are you?
2007-11-19 04:36:00
Thomas Stanley and William Danko, author of “The Millionaire Next Door: The Surprising Secrets of America’s Wealthy ”, created a formula to help you determine whether you are indeed wealthy based on your income. The formula is as follows: (Age x pretax annual household income from all sources except inheritances)/10 This formula is what your expected wealth should ...
Why Do People Believe Robert Kiyosaki Has a Clue?
2007-11-17 12:06:00
Staci Carsten (http://allpacificmortgage.blogspot.com) Several of the people I meet who want to become real estate investors, have been reading Rich Dad Poor Dad, and they?d like me to tell them how to hurry up and get rich off real estate. Usually I refrain from telling them that not even Kiyosaki, himself, got rich overnight in real ...
More About: People , Robert Kiyosaki , Robert , Robe
Robert Kiyosaki speaks?preparing for retirement.
2007-11-15 08:58:00
What’s the best way Americans can prepare for retirement? How should people invest their money?   As some people know, my rant is: “Why doesn’t our school system teach kids about money and investing?” Rich or poor, smart or not smart, we all use money. Really that’s where it starts. I know 95 percent of the people ...
More About: Retirement , Robert Kiyosaki , Robert , Robe , Prep
Put Power In Your Passive Income Strategy
2007-11-13 02:52:00
When I start talking to people about building a passive income business by following the teachings of financial freedom guru Robert Kiyosaki, I immediately hear about people’s plans for buying real estate. Anyone who has read the book Rich Dad, Poor Dad thinks that Robert Kiyosaki is all about investing real estate and buying rental or ...
More About: Power , Strategy , Investment , Passive Income , Income
Building up a home business
2007-11-11 08:47:00
Making money from the comfort of your home with a web-based business is an ideal opportunity for some. However, while many will ponder the decision, action comes very slowly. Doubt will surface and a “too good to be true” mentality will creep in. Leaving the comfort and security of their present job situation will create anxiety ...
More About: Business , Building , Home Business , Home , Sine
13 Reasons of Why Most Business Fail (Part 3)
2007-11-09 08:24:00
Final part of Rick Sloboda?s ?13 Reasons of Why Most Business Fail? ~~~ 9. Fighting change Accept change, insists Jack Welch, former GE CEO and best-selling author. ?Business leaders who treat change like the enemy will fail?? he stated. ?Change is the one constant, and successful business leaders must be able to read the ever-changing business environment.? Accordingly, it?s ...
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13 Reasons Why Most Businesses Fail (Part 2)
2007-11-07 03:18:00
Second part of Rick Sloboda’s “13 Reasons of Why Most Business Fail” ~~~ 4. Being afraid to lose Failure inspires winners, and failure defeats losers, wrote Rich Dad, Poor Dad author Robert Kiyosaki. He noted: ?The greatest secret of winners is that failure inspires winning; thus, they?re not afraid of losing.? Kiyosaki explained there?s a big difference between ...
More About: Part , Businesses , Sine
13 Reasons Why Most Businesses Fail (Part 1)
2007-11-05 11:09:00
Rick Sloboda, Senior Web Copywriter at webcopyplus.com For any business ? online or not ? the odds are stacked against success. In fact, sources indicate as many as nine out of 10 businesses fail within five years. Having the fortune to work with a host of successful businesses ? from independent designers to global service providers - ...
More About: Business , Reasons , Part , Businesses , Sine
Robert Kiyosaki in Israel
2007-11-03 06:06:00
REAL ESTATE guru and best-selling author Robe rt Kiyosaki who wrote Rich Dad Poor Dad came to Israel ostensibly to promote his new book We Want You to Be Rich, written with Donald Trump, another real estate maven, who is currently investing in Israel. But what Kiyosaki was really here for was to promote the concept of ...
Blast from the past
2007-11-01 05:53:00
~By Robert Kiyosaki   In 1969, I graduated from the U.S. Merchant Marine Academy and was offered two jobs. I took the job paying $47,000 a year and turned down one paying $75,000 a year because it required me to join a labor union. I’m not against labor unions. I am against being obsolete due to obsolete ideas. ...
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