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The Summary Of The Rat Race of Life ! Here is a short breakdown what the race of life is all about. For more information please contact us on ... Click Here ! •     It starts with you getting advice from your parents that a college education is what you must go after to get the best paid jobs. •   Once you finished college you then get a job and start to work yourself up to get the promotions and pay increases you set your eyes on. •   Soon with extra money in your pocket you start to get the fancy car, the branded clothes, watches and want to be seen around town as successful. •   You start to travel to exotic places around the world with friends and •   Soon you find someone you like and get married before long. •   This now takes you into a complete different space as now you start to save for a home. You start to save and so can't go out as often as you once did. •   Next comes the kids and exciting as this is you find that the double ...

Skipping through the pages this morning in the introduction to the book Rich Dad Poor Dad, I immediately aligned myself with the banker who said that though he knew about banking had no idea that money worked in ways not known to many. Unlike the others in the game - Cash Flow Quadrant, I could see how I had failed in my previous four endeavors in business having made the same mistake over and over again. Einstein once said that "If you do the same thing over and over again and expect a different result it's a sign of insanity". Now that's what was happening to me prior to 2003. I for some reason seemed to be on a treadmill of destruction - The Rat Race of life and just could not get off for the life of me. For more information please contact us on ... Click Here ! Now if you have not read Cash Flow 101 then it's time you do. It's a book around finances and helps you learn how to keep a Profit and Loss Statement, buy assets that add value to the balance...

It's interesting going through the pages of Chapter 1 in Rich Dad Poor Dad where Robert Kiyosaki talks about financial literacy and why it's important for young people in school and college to start to learn what makes money and how to make it work for you. Want To Learn More ? Most probably you have heard the saying by now - Escape The Rat Race ! Most people have as its comes up on Facebook quite often. But what is really the Rat Race of life. Let me explain after what I picked up from the book RichDadPoorDad. And if I can make you understand what it is then I have learned the lesson well too. After all these notes are meant for me to learn too. The Race Race Of Life! The message passed on by parents! According to Kiyosaki parents tell children when they are young that getting a college degree is the most important thing for them to get. Without a university degree they will not be able to land themselves a good job and get by in life. So what do children do...

I on page 3 now and as I start to read the section "Just What I Was Looking For" I see where I went wrong in the 80's, 90's and early 2000. I was getting myself in assets that were laden with negative debt. Learn More ! Instead of buying properties that would give me a positive cash flow I had started to buy houses that made a loss for me so I could offset the losses against any profits I made in my restaurant business. Just imagine now if you were running a traditional business and made a loss year in and year out for the next 20 years. Would you stay in business? How many houses run at losses can you sustain against the tax you pay. Maybe one, maybe 2 or maybe three investment properties. Because there is only so much income you can make in a week or a month or a year. And that tax is more or less fixed. There will come a time when the tx you pay cannot be offset any more against any more homes as your borrowing capacity would be at the limits. The banks may...

Today is Day-2 in my study of the book Rich Dad Poor Dad by Robert Kiyosaki. On page 1 I can relate to what Sharon Lechter says about financial literacy .  When I was growing up as a teenager in India my dear mother pushed us to study hard as it was the only thing she felt was between having a job and being broke in the 70's. My parents spent so much of their life's earnings on educating their 7 children giving them the very best of education there was around making us engineers, accountants and administrators. Yet as I was growing up I felt there had to be a better way. I saw both mum and dad working very hard to just put us through school first and then college. What hurt me most as a 11 year old was to see mum take up a job so we could keep on studying at a private school. Having a large family back then was not easy for my father to bring up 7 children just on one wage. Due to this huge finacial burden they never really had a great life. They were so much like the...

I am reading the book Rich Dad Poor Dad by Robert Kiyosaki for the second time to learn the things I missed out when I first read the book in 2002. Its now 13 years later. Why did I take all this time to get back to this book is my question I ask myself. After all this book by Robert Kiyosaki holds so many secrets to creating wealth and would have helped me to get to my goals so much faster. I am intrigued by the tagline on the book - "What the rich teach their kids about money - That the poor and middle class do not!"  I am excited to get started and the paragraphs below are what I have gleamed so far from page one in Chapter 1. I am intrigued at what Robert says in his book that the school system has not taken any steps to teach students anything about the real world. All we are taught in schools is to just study hard and get good grades and to beat everyone else at school. The focus is to get the best jobs out there in the market place . Interestingly the jobs that...

Would you as a young person in college or TAFE here in Brisbane like to know more about working smart today? Most people go through college or university hoping to get a job and earn a good salary these days in Queensland Australia. With the market down turnm in jobs what students study to be will probably not be the jobs they will get. Want to contact us ! Are you prepared for this? A few go on to be self employed and hope that working for themselves is the best thing to do. They spend all their younger years working long hours for a seemingly bright financial future. Only to find out that when they do get some sort of security finacially to have lost the best years of their life. In addition their health has suffered and they then go on to strive to regain their health with the money they made over the last 20 or 30 years working hard as self employed people. Is there a better way to all this? Can we work smarter as young people and still have the money and the good he...