07th May 2009
Rich dad, poor dad… an interesting philosophy…
The purpose of this site is mostly to adapt theories from “Rich dad, poor dad” by Robert Kiyosaki. His books introduce an interesting point of view to money; I would recommend people to read it, and learn from it.
I will however warn you; his books does not give you a recipes of how to become more wealthy; he more preaching, or teaching the philosophy his friends father thought him.
His philosophy is much to get out of the ordinary rat race we live in; to use money to earn more money. He suggests investing your money to create more wealth later instead of living over your means and struggling to pay all the bills and debt that is built up.
His philosophy is simple; we want to invest money in assets, potentially earning you money, and get away from liabilities, which is often in form of items, home, credit card etc which take your money away. Each month we try investing additional money in liabilities.
For those who still feel unsure about assets and liabilities. An asset is something creating revenue or value over time; liabilities create expenses and costs each month. We want increase the assets, and reduce the liabilities over time. The purpose is simple; we want to create wealth enough to be dependant of society and our company to survive.
Our purpose is simple; we want to remove our debt, and dependence of working hard for a company, creating some wealth.
Since most are dependent of their work I will start by looking at ways we can save money; next we will continue on work opportunities we can do from our home. This we will later either invest; or create enough to start a small company for ourselves.
If you read or listen to Robert Kiyosaki you will hear he often refers to multi-level marketing. I strongly advise you to stay away from these pyramid games; and focus your experience to earning money online, and learn investing. I am sure good, old Robert learned something from MLM; but I consider it to be close to scam; where only the top members really earn something; and do it on expense of the lower members of the chain. I would suggest you stay away from such opportunities; at least I will keep my hands clean from such opportunities, and I hope you will do the same.
Our first task will to create additional funds to invest in better opportunities; I believe personally that saving money; and creating additional incomes are the easiest way to get started.
Whether this will work, or not I am not sure; but I will share the knowledge I gain through my experiences. If I am successful at it I will write about my experience in starting a small business and investments as well. Unlike Robert, I will share some of ideas and thoughts I have, and opportunities I find; but you might find your own way, and it might you find better ways better suited for your skills and interests.
I will even be completely honest with you; the articles I am writing for enlightenedIndividual.com is an investment I have made to create a small revenue from Google’s ad sense program, if it is possible.
-Kentaki-
The purpose of this site is mostly to adapt theories from “Rich dad, poor dad” by Robert Kiyosaki. His books introduce an interesting point of view to money; I would recommend people to read it, and learn from it.
I will however warn you; his books does not give you a recipes of how to become more wealthy; he more preaching, or teaching the philosophy his friends father thought him.
His philosophy is much to get out of the ordinary rat race we live in; to use money to earn more money. He suggests investing your money to create more wealth later instead of living over your means and struggling to pay all the bills and debt that is built up.
His philosophy is simple; we want to invest money in assets, potentially earning you money, and get away from liabilities, which is often in form of items, home, credit card etc which take your money away. Each month we try investing additional money in liabilities.
For those who still feel unsure about assets and liabilities. An asset is something creating revenue or value over time; liabilities create expenses and costs each month. We want increase the assets, and reduce the liabilities over time. The purpose is simple; we want to create wealth enough to be dependant of society and our company to survive.
Our purpose is simple; we want to remove our debt, and dependence of working hard for a company, creating some wealth.
Since most are dependent of their work I will start by looking at ways we can save money; next we will continue on work opportunities we can do from our home. This we will later either invest; or create enough to start a small company for ourselves.
If you read or listen to Robert Kiyosaki you will hear he often refers to multi-level marketing. I strongly advise you to stay away from these pyramid games; and focus your experience to earning money online, and learn investing. I am sure good, old Robert learned something from MLM; but I consider it to be close to scam; where only the top members really earn something; and do it on expense of the lower members of the chain. I would suggest you stay away from such opportunities; at least I will keep my hands clean from such opportunities, and I hope you will do the same.
Our first task will to create additional funds to invest in better opportunities; I believe personally that saving money; and creating additional incomes are the easiest way to get started.
Whether this will work, or not I am not sure; but I will share the knowledge I gain through my experiences. If I am successful at it I will write about my experience in starting a small business and investments as well. Unlike Robert, I will share some of ideas and thoughts I have, and opportunities I find; but you might find your own way, and it might you find better ways better suited for your skills and interests.
I will even be completely honest with you; the articles I am writing for enlightenedIndividual.com is an investment I have made to create a small revenue from Google’s ad sense program, if it is possible.
-Kentaki-
Posted by Kentaki under 
Rich Dad Poor Dad 
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