Tuesday, August 17, 2010

"Rich Dad, Poor Dad" - Robert Kiyosaki

This is a very inspiring book, the book the rocks the financial world it opened my mind to new level of thinking when it comes to money and wealth. When I was young I often hear people say that "rich people are greedy", "we don't have money", "we cannot afford that","money is evil" and because I often hear those words, those become my belief, my reality. Well, the bible doesn't mention that "money is the root of all evil" money itself is not bad it can be a very good servant and a very dangerous master, but "the love of money" that is the root of all evil. According to Bo Sanchez "The ultimate purpose of wealth is to help others."

In this book the author Robert Kiyosaki told the story of his two fathers the rich one and the poor one. The Poor Dad is his real Dad and the Rich Dad is his bestfriend's Dad. With his two great fathers he has the choice which advice to follow.

Here are some of the excerpts that you can read in the book:

Poor Dad said, "The love of money is the root of all evil".
Rich Dad said, "The lack of money is the root of all evil."

One dad recommended, "Study hard so you can find a good company to work for."
The other recommended, "Study hard so you can find a good company to buy."

Poor Dad said, "The reason I'm not rich is because I have you kids."
Rich Dad said, "The reason I must be rich is because I have you kids."

One said, "When it comes to money play it safe, don't take risk."
The other said, "Learn to manage risk."

One believed, "Our home is our largest investments and greatest asset."
The other believed, "My house is a liability."

I like the very simple definition of Assets and Liabilities.

ASSETS - put money in your pocket.
LIABILITIES - take money out of your pocket.

Do you think your house is an Asset?

Sunday, August 8, 2010

How do you talk about money?

What is your money beliefs?.

Just listen to how most people talk about money. They openly tell others how poor they are, and how they never have any money. They say,

"I can't afford it"

"We never have enough money"

"The bills just keep coming"

"I will never be rich"

"Money is evil"

"I don't have money to start a business"

Do you think the universe is going to reward this lack mentality with abundance? No! Like attracts like in this universe. Those who have mastered money don't talk like that. They say,

"How can I afford it?"

"I am an excellent money manager"

"Sure, let's get it, we have plenty of money"

"Let's buy the best, we are worth it"

Everytime we say "I can't afford it" our mind stop working it's a dead end. But everytime we say "How can I afford it?" our mind is forced to work to find a solution.

Create Abundance in your life before its too late. Avoid using negative thoughts every time you talk about money. The Law of Attraction is always working, Brian Tracy defines The Law of Attraction - "I attract into my life whatever I give my attention, energy and focus to". Give your attention to your financial situation today. Attract and learn financial education to have financial freedom by attending our gatherings or taking free Wealth Course.

There is a community that you can start with your journey towards financial freedom, this is the Create Abundance International Network. My name is Joel Lagrada, I am a member of this community. A community with the mission of spreading financial education throughout the nation and the world. that's what I am doing and If you have questions on how to start your journey towards Financial Freedom just contact me.