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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

Google Offers Tips, Advice for Small Businesses
2010-10-26 06:46:00
Google is a great place for small businesses to reach both local and national customers, which is why many companies won?t think twice about paying a consulting firm to aid in their Google strategy. But small businesses need not look any further than Google?s blog to find valuable tips geared toward small and medium size businesses. ...
More About: Google , Advice , Tips , Small , Offers
Richard Branson: Finding the Right Balance in Business
2010-10-24 06:33:00
The founder of the Virgin Group shares his views on finding time as an entrepreneur for a full family life. Aspiring entrepreneurs and business people who are struggling with the responsibilities of a demanding career and family often ask how to juggle both, or if I think you can. Here are just three of the questions that ...
More About: Business , Branson , Balance , Richard Branson
7 Spending Cuts You Might Not Even Notice
2010-10-22 05:06:00
It’s painfully clear Americans are still hurting financially. Jobless claims are far too high if we’re actually in any kind of meaningful recovery. Penalty withdrawals from 401(k) plans have been increasing, not shrinking. Mortgage rates are hitting 40-year lows with regularity and we still can’t find a pulse in the housing industry. If there was a ...
More About: Spending , Notice
A 7-Day Plan for Aspiring Real Estate Investors
2010-10-20 04:59:00
As someone who was an inexperienced real estate investor only two years ago, I can completely relate to the challenge of moving from an aspiring real estate investor to an actual real estate investor.  It?s a daunting process for many. You may be feeling overwhelmed by any number of obstacles? No money and/or bad credit Information and sales ...
More About: Estate , Real Estate , Real
The Truth and Value of a REAL Education
2010-10-18 04:37:00
When I was young, my poor dad said, “You need to go to a good college to get a good education and get a good job.” My rich dad said, “You rarely get a good education at a ‘good’ college.” He also said, “It’s much better to create good jobs as an entrepreneur than to get ...
More About: Truth , Education , Real
Repeat After Me: Your House Is Not An Asset
2010-10-16 04:28:00
Since the lesson still hasn’t sunk in for many Americans, I’ll repeat here: Your house is not an asset. It’s a liability. Very simply, an asset is something that puts money in your pocket. A liability is something that takes money out of your pocket. The reason people are confused and think that a home ...
More About: House , Investment , Debt
Are Black Friday Sales Worth The Savings?
2010-10-14 10:32:00
Black Friday has been a long-held tradition by bargain hunters who will line up on November 26th to start their shopping ahead of the Christmas season. In recent years the dynamic of the Black Friday deal has changed, hitting the web and becoming nearly month-long event for many stores, especially those that provide electronics. Sites like ...
More About: Wii , Xbox , Sales , Black
The New Young Investor: Shunning Stocks
2010-10-12 08:14:00
When 18-year-old Robert White decided to jumpstart his retirement plan, he invested his life savings of $25,000 into an aggressive mutual fund. Little did he know that just five years later, he would make a complete 180 and join the ranks of a new group of young investors who have become so risk averse by the ...
More About: Stocks , Investment , Young , Investor
Do Financial Decisions Get Better With Age?
2010-10-10 07:52:00
You hear it all of the time, “age is nothing but a number”, but what does age do to your ability to make financial decisions? As droves of baby boomers approach retirement, they will be making increasingly important decisions regarding their finances. Read on to learn how aging can affect your ability to make financial ...
More About: Financial
How To Find A Business Leadership Mentor
2010-10-08 07:19:00
One of the best ways to grow is to find a mentor. This may sound like it is difficult but it is easier than most leaders think. There are plenty of people who could serve as mentors. The reality is that they are just waiting to be asked. The problem is that most business leaders ...
More About: Business , Mentor , Leadership , Find
Entrepreneurship ? A Panacea For Job Insecurity?
2009-12-20 04:43:00
By Louis Lim, Business Correspondent In view of the current economic difficulties facing many, people ought to be more ware of what?s happening in the world and how what?s happening can adversely affect their financial securities and lives; if it has not done so already! It is not a well known secret that one can avoid being ...
More About: Entrepreneurship
Top 7 lessons I learned from playing Rich Dad?s Cashflow 101 game
2009-12-18 04:04:00
1. Simplify and get out of the rat race faster I noticed that whenever I played the cashflow 101 game and was able to choose a ?simple? profession like a truck driver for example, I was able to get out of the rat race faster.  As a truck driver, although my salary was low, my monthly expenses ...
More About: Rich , Game
Seeking Basic Financial Education
2009-12-16 03:43:00
On a sunny autumn Friday, Bader Bahmad and fellow members of a financial education seminar at the Fort Washington Public Library branch were discussing rudimentary principles, such as the difference between needs and wants. In a run-down conference room on the library?s deserted second floor, they talked about saving money. Asked to give examples of items ...
More About: Education , Financial , Basic
Don?t Blow Off These Four Year-End Money ?Must-Dos?
2009-12-14 04:24:00
by Dayana Yochim Procrastinators, rejoice! I’m not going to bombard you with an all-inclusive list of year-end financial housekeeping chores. Instead, I’m going to present the absolute must-dos ? the four top-priority tax-related tasks that even world-class foot-draggers can’t put off. Legally, at least. Once you get rolling, you may be motivated to seek extra credit ? ...
More About: Money
Fear of Success
2009-12-12 08:10:00
Many people don?t realize that they have a fear of success. For the longest, I thought to myself: ?Why would I fear success when success is my most desirable goal? What kind of crazy person has a fear of success?? There are plenty of people who have a fear of success. I didn?t realize that I had ...
More About: Success , Fear
The Conspiracy of The Rich
2009-12-10 04:47:00
I?ve just finished reading the soft cover version of Robert Kiyosaki?s latest book ? authored interactively on the web ? Conspiracy of the Rich . I had also read a number of earlier chapters as they were being written online here. I?ve read a number of Kiyosaki?s books ? including Rich Dad, Poor Dad and The Cashflow ...
6 Financial Moves That Sound Good ? but Aren?t
2009-12-06 06:11:00
For most people, each and every day involves some type of financial decision. So how do you feel about your financial decision-making skills? If you think you are making sound choices, ask yourself this: Have you weighed the consequences of your choices against their apparent benefits? In many cases, the answer is no. Let’s take a look at ...
More About: Financial , Sound , Good
Investment In Property Can Help You Retire
2009-12-04 03:38:00
A lot of Americans aren?t going to have enough money to retire on. That is just a un happy reality of these times. Instead of bemoaning that reality (and the unfairness of it all) the best thing someone who hopes to have a healthy retirement can do is simply make sure they aren?t the typical ...
More About: Real Estate , Property , Investment
What to know if your bank fails
2009-12-02 05:53:00
Dozens of banks have failed this year. What do you need to know if yours is next? The number of bank failures has reached 115 since January — more than four times the total for 2008 and the most since the savings and loan crisis in 1992. And most experts expect problems caused by unpaid loans ...
More About: Bank
8 Ways To Help Family Members In Financial Trouble
2009-09-21 06:52:00
What do you do when a family member becomes unemployed? Or suffers an unexpected injury and can’t work or has insufficient insurance to cover mounting medical bills? How do you respond when you learn a loved one can’t pay their bills? Let’s take a look at a few options you can consider to help your family ...
More About: Family , Financial , Debt
Robert Kiyosaki & Joe Aldeguer
2009-09-19 06:46:00
World renowned author and Real Estate investor, Robert Kiyosaki , talks to Joe Aldeguer about his insights and strategies in investing into Real Estate.
20 Lazy Ways to Save Money
2009-09-17 06:38:00
While the media can’t decide if the recession is nearing its end or not, we do know that there hasn’t been a tremendous surge in wages, job creation or the stock market. Consequently, most of us are staying pretty conservative on our spending. Here are a few relatively simple ways to keep an eye on your pennies ...
More About: Money , Save Money , Save
Learning good saving habits early in your career
2009-09-15 09:03:00
Question: My 21-year-old daughter makes $80,000 a year working at a large firm. She has very low expenses, so I’d like to see her sock away a huge amount of money. I told her that if you get used to spending a lot each month on “fun” stuff, it will be much harder to save ...
More About: Habits , Career , Learning , Early , Good
Is the economy ruining your marriage?
2009-09-13 08:51:00
You know the part of the classic wedding ceremony in which couples vow to stick together “for richer, for poorer”? Well, a lot of spouses lately are really putting the latter part of that promise to the test. Blame the economy for shaking up once-solid unions. Marital roles are shifting as onetime breadwinners adjust to long ...
More About: Economy , Marriage , Money
Hired! Coming out of retirement at 65
2009-09-11 08:43:00
NEW YORK (CNNMoney.com) — Forget lazy days rocking on a creaky porch swing, these days working is the new retirement. Last year’s severe market losses left many once-healthy retirement accounts depleted, forcing many seniors to put their retirement plans on hold and head back to work. There were 450,000 people age 65 and over actively looking for ...
More About: Retirement
Five Secrets Your Bank Doesn?t Want You to Know
2009-09-09 08:32:00
Laura Rowley Bank s are squeezing customers with historically high fees and penalties, from overdraft charges to account service fees to new surcharges on foreign debit transactions. But the pressures that have prompted the fee war with consumers started well before the financial meltdown, according to Jo Preuninger, a former management consultant who spent more than a decade ...
More About: Secrets
Four Ways to Weather an Economic Storm
2009-09-07 08:17:00
~ Andrew Beattie Economic conditions can be as temperamental as the weather. In this article we’ll look at some simple steps that can help keep the financial boat afloat during an economic tempest. Batten Down the Hatches Warren Buffet derides management that embarks on cost cutting, as good management shouldn’t need to be prompted to control costs ? ...
More About: Weather , Storm
Couples Quiz: What?s Your Financial Compatibility
2009-09-05 08:19:00
Couples frequently avoid talking about money before marriage. That?s unfortunate, because sharing perspectives about money can help couples resolve the financial issues that doom many marriages. The following financial compatibility quiz can help couples planning to tie the knot discuss financial issues. Answer ?true? or ?false? to each of the following statements. 1.      We are aware of ...
More About: Quiz , Financial , Couples , Compatibility
How Deep Must You Dig to Pay the Mortgage?
2009-09-03 08:06:00
Jack M. Guttentag As the unemployment rate rises, more mortgage borrowers must choose between default and making the payment out of savings. That can be an agonizing decision. See the letter below: “I was laid off recently but am reasonably hopeful of finding another position soon… We have stayed current by drawing down our IRAs, but there ...
More About: Mortgage , Deep
Only Men Can Be Property Tycoons?
2008-06-07 04:58:00
By Oonagh Montague The days when a woman’s place was in the home are long gone. Nowadays, she’s more likely to own the home, and perhaps a few more besides. Ria Lawlor, a qualified medical doctor, mother of two and full-time investor, is one of the founder members of the ICES Group, (Irish Complementary Education Systems), ...
More About: Property , Investment
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