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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

The Importance of Using Financial Statements
2007-09-24 09:42:00
  Hattie Bryant of Small Business School interviews Jim Schell of Opportunity Knocks, a consulting company based in Bend, Oregon; and Noll Hanson of Hanson & Company, a nonprofit consulting company based in Pasadena, California on the Import ance of Using Fina ncial Statement s: » Watch Video   
Board game gives lessons in finance
2007-09-23 06:29:00
CEDAR CITY - Chris McCormick, a loan officer and financial adviser with Investment Lending, is on a mission to help people realize that financial freedom isn’t as intimidating as some may think. And he’s using a board game - yes, with little, colorful guys and all - to get his point across. Once a month, he ...
More About: Finance , Board , Game , Lessons , Fina
Parents Should Be Teaching Their Kids Money Management Skills
2007-09-22 16:16:00
Kids may learn a lot of things in school, but one thing kids usually don’t learn is basic personal finance skills. Instead, most kids learn about money from Mom & Dad. So how do you raise financially savvy kids? Stephanie AuWerter, Editor of SmartMoney .com, has some advice for teaching kids about money. First and foremost, talk ...
More About: Kids , Money Management , Management , Teaching
Lighter side of life
2007-09-20 17:05:00
Today’s Stock Market Report Helium was up, feathers were down. Paper was stationary. Fluorescent tubing was dimmed in light trading. Knives were up sharply. Cows steered into a bull market. Pencils lost a few points. Hiking equipment was trailing. Elevators rose, while escalators continued their slow decline. Weights were up in heavy trading. Light switches were off. Mining equipment hit rock bottom. Diapers ...
More About: Life , Side , Lighter
Gain financial independence
2007-09-18 09:01:00
Julius Apegu   Fina ncial independence means having more money flowing in without working for it than goes out for your monthly expenses. It means having more choices and freedom. Not so long ago, a lady approached me, ?Julius I have three million shillings, tell me what business I can do?? This lady was looking for a hot tip - ...
More About: Independence , Financial Independence , Epen
DVD set to help women gain their financial freedom
2007-09-17 11:00:00
Albuquerque, NM (PRWEB) September 13, 2007 — As a single parent, Diana Sterling had to learn how to make a living while making the raising of her son the highest priority in her life. She has now taken her successful experience of starting, running, and maintaining a profitable business from home and put it into ...
More About: Video , Freedom , Business , Women , Financial
Land Banking Course? and it?s free!
2007-09-15 12:57:00
Las Vegas, NV (PRWEB) September 13, 2007 — Steve Haight, President of Wealth Bridge Enterprises, recently released a new Land Investing Master’s Course: Insider Secrets of a 30 Year Land Investing Professional. The course is offered without charge, free to the general public. “To most people, land investing is a very risky industry,” says Haight. “But ...
More About: Business , Investment , Free , Banking
Your Boss? Job Is Not To Make You Rich
2007-09-13 17:19:00
Andy Khumbanyiwa  It never occurs to your boss even in her wildest dream to pay you in a manner that would make you rich. If employment was meant to make people rich most of employees would have been very rich by now and that would bring in a whole dimension to the dynamic employee-employer relationship. Many people ...
More About: Business , Rich , Boss , Make
The Ins and Outs of Cash Flow Statements
2007-09-11 23:28:00
- Pam Newman  Cash is what keeps your business functioning. You obviously need profit, but equally as critical is your cash flow. It’s important to know the financial health of your business, which is why you need to understand the purposes of your different financial statements. Your traditional financial statements include a balance sheet, profit and loss ...
More About: Flow , Statement , Temen
Raising Your Financial IQ with Robert Kiyosaki
2007-09-09 13:13:00
Rich Dad and Rich Woman authors Robert and Kim Kiyosaki will be sharing their knowledge and personal best practices in a 2-hour learning seminar session in September. Topics include real estate, women’s business issues and the “Rich Dad’s” hottest new investment.
More About: Video , Financial , Robert Kiyosaki , Fina
Investment habits to avoid
2007-09-07 14:23:00
Martin Theuri KAMPALA These simple rules have stood the test of time when it comes to investing. Avoid the temptation to run with the crowd: The crowd tends to get whipped into frenzy ahead of an earnings announcement, while investors buy based on their positive expectations. The theory of contrary opinion says that, “the crowd will always ...
More About: Investment , Habits , Bits , Abit
Decide to be rich (Part II)
2007-09-04 23:34:00
Step Six : Give Yourself TimeIt takes time to build a business as well as an investment portfolio. Building a business is not the same as getting a job. With a job, you expect to be paid soon after starting work. With a business, you may not be paid for years, if you are paid ...
More About: Rich , Part , Cide
Decide to be rich (Part I)
2007-09-02 07:32:00
Today, because of the multitude of choices we all have, it is easy to get distracted from where we want to go in life. I offer you a few suggestions on how to find your path and stay on your path to great wealth, if you should choose to do so. One night in 1975, ...
More About: Rich , Part , Cide
America?s Cheapest Family
2007-08-31 12:55:00
While most Amercian are struggling with credit card debts, a frugal family of 7 lives debt-free on $35,000 a year!!! Meet Amercia’s Cheapest Family –> http://cosmos.bcst.yahoo.com/ver/237/popu p/index.php?cl=3892900
More About: Video , America
Financial statement - it?s not as hard as you think
2007-08-28 13:29:00
Robert Kiyosaki stressed in his Rich Dad books on the importance of being financially literate.  And among other things, learning and keeping a financial statement is a important element of being financially literate. I always have the impression that learning to read a financial statement and keeping one is a tedious effort that will require me to spend perhaps a full ...
More About: Financial , Hard , Fina , Statement , Temen
Some people are richer than others
2007-08-25 17:30:00
Robert Kiyosaki I was speaking on financial intelligence a few months ago to a group of university professors in Singapore. At the end of the talk, one of the professors asked me, “Where did you learn about business and why do some people make more money than others?” Responding to the first half of his question I ...
More About: People , Some , Richer
Entrepreneur and financial knowledge
2007-08-23 16:17:00
What do you need to be an entrepreneur?  What is the critical success factor for an entrepreneur?  Is it the hard work, the mindset, the ingenious and creative mind, the street smart knowledge? Well, the author in this post believes that having a good financial education and being financial literate is a critical component for an ...
More About: Entrepreneur , Financial , Knowledge , Fina , Rene
Matter of child?s play
2007-08-21 16:12:00
by Claire Low IN THE game of Monopoly anyone can be a real estate tycoon buying up whole streets, building houses only to tear them down to erect hotels, being thrown into jail more times than the hardest of criminals and extracting money from the hands of one’s opponents. It’s fun and possibly educational as it requires ...
More About: Play , Matter , Child
Raising capital for equity investment
2007-08-16 16:10:00
By Ayeromara Peter  When most people think of investing, they feel it is all about just putting their money, either in their Savings or Retirement Account, and carry on with a life of hard work. They think that in those accounts, their money is working for them . When inflation, which is one of our greatest economic ...
More About: Investment , Capital , Equity
Challenge Your Saving Mindset
2007-08-13 15:32:00
If you’re like the most people, the thought of saving money conjures up thoughts of endless budgeting that denies you from enjoying the fruits of your labor now. What if we asked you to challenge your perceptions about saving? Let’s dissect some of the most popular theories many people have about saving. Are you one of the ...
More About: Challenge , Mindset , Saving , Ving , Halle
Preparing kids for school? and for life
2007-08-11 07:13:00
Question: As my three kids get ready to go back to school, I want to talk to them about managing their allowance and being more responsible with their spending. What some of my friends do is give their children a very small allowance and instead make them bring food to school, but as my eldest ...
More About: Life , Kids , School , Prep
10 Things You Need to Know When Starting Your Own Home Business
2007-08-07 16:27:00
Deciding on becoming an entrepreneur is only the first step of a long journey. There are lots of planning involved, preparations, and in some cases, even red tape. Here are ten things you need to know when starting your own business: 1. Know what you will do. When making the decision to start a home business, ...
More About: Business , Home Business , Home , Things , Sine
Teaching Children About Importance of Finance
2007-07-05 16:06:00
Many children find themselves hopelessly in debt after leaving home. They go off to college, wanting to take on the world. The independence they suddenly experience leads to decisions that are not always best for them. Many of them have not had to deal with financial responsibilities. They are lured into credit card and loan ...
More About: Children , Finance , Teaching , Finan , Teac
Sell Swell
2007-06-14 15:57:00
By Robert Kiyosaki When I speak to entrepreneurs, I’m often asked the same question: “How do you raise money?” Most people don’t like my answer. In 1974, I asked my rich dad the same question. I was getting out of the Marine Corps and had decided I would become an entrepreneur. My rich dad answered, “The number-one skill ...
More About: Business , Sell , Well , Swell
Investing risk
2007-06-13 05:18:00
I got this from a friend via email.  Not sure who the author is, but they are good points to note while learning to invest.  There are four major risks that investors face when investing in stocks. Risk #1: The economy The most pressing risk of investing in the stock market is that the economy can always take a downturn. A ...
More About: Investment , Investing
Business and Investing are Team Sports
2007-06-09 20:28:00
by Sharon Lechter CPA, co-author of Rich Dad series of books  Rich Dad said, “If you want to be rich, who you know is more important than what you know.” He explained further, saying, “Business is a team sport and investing is a team sport. The average investor or small-business person loses financially because they do not ...
More About: Sports , Investment , Investing , Team
12 months plan to become a real estate investor
2007-06-07 14:56:00
Want to be like Robert Kiyosaki and get rich via investing into real estate? Then you have to start learning how to become a real estate investor!
More About: A Real Estate , Estate , Real Estate , Investor , Real
Think Rich to Lower Your Taxes
2007-06-01 11:55:00
- Robert Kiyosaki   Tax season always means a deluge of tax advice. Unfortunately, most of it is futile and lightweight. I say that because most people work for their money rather than have their money work for them. The problem with working for your money is that you pay more in taxes as your income goes up. ...
More About: Taxes , Rich , Lower , Lowe
Audio of Kim and Robert Kiyosaki at National Publicity Summit
2007-05-31 16:05:00
10-minute audio of Kim & Robert Kiyosaki at Steve Harrison’s National Publicity Summit on how they sold 26 million copies of Rich Dad Poor Dad and have stayed on the New York Times Bestseller List for almost six years. Click here to start the audio
More About: Audio
In Control
2007-05-30 11:22:00
By 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. He ...
More About: Control
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