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Day 3 - Learning About The CashFlow Game in Rich Dad Poor Dad's book

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...

Day-2: Having The Big House , Car and Income Was Not Enough

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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...

Day 1: My Learnings From "Rich Dad Poor Dad"

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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...

Here are 13 Tips In Helping You Get To Your Goals

Here is the schedule for the week August 4th 2014 Post by Claude's Best Networking Tips .

How College Students Can Earn Extra Income In Brisbane?

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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...

How College Students Can Earn More Money Part Time Brisbane

If you are a college student looking for work we have a few tips for you today. Have you considered working for yourself while studying through university. There are some benefits for working for yourself as compared to working for someone else. These benefits for a student (international or local) are: You can work part time from home You can pick your own hours of work You also get to pick who you work for Best of all you get to determine how much you wish to earn weekly as a student. No one fixes your wages each week. You get paid for what you are worth. You can work in a team and can invite your friends to be part of this team too The bonuses that are available for top performers are very attractive The list goes on and on! :) Now the best part is you only have to work 2 to 10 hours a week to get a very decent income. If you want to earn a few hundred dollars a week or want to create an income well over $1000 a week its very possible part time. Call us ! Best of all yo...

How To Build Your Network Marketing Business - Tips

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 I found this in an email from Richard Brooke and feel it will help us all. Please visit his website and buy his books as he is very good at what he does. Claude Fullinfaw Brisbane Tips for Building Your Own Network Marketing Empire by Richard Brooke   Please get Richard Brooke's books from his web site to further your success. Happy reading :) http://blissbusiness.com/store/products/9447.aspx 1.    Use all your products in as many creative ways as possible . Your product experiences become your basis for retail sales.   It’s very obvious to others when you’re NOT a user of all the products, so it pays to develop a passion and knowledge of each product.  2.    Think about what you will do with your Network Marketing residual income ALL THE TIME and let yourself FEEL how it will feel. 3.    Create and maintain a list of people to prospect and how to get a hold of them…there ought to be hundreds of people o...