Robert Kiyosaki – Top 10 Rules for Success

Robert T. Kiyosaki is best known as the author of Rich Dad Poor Dad.This is the #1 personal finance book of all time, which has challenged and changed the way tens of millions of people around the world think about money.

He also invented the game Cashflow 101 for more than 30 years of investment experience his reality, Cashflow 101 allows you to practice in real world, many people after playing this game earned great fortune and became the very successful investment.

The CashFlow games teach accounting, finance, and investing, and emphasize the importance of wealth-creating principles. The purpose of these games is to teach investors how to recognize opportunities for wealth in everyday life. There have been many people have applied these “game” principles in their own life to achieve financial freedom. 

14 Countries on The Verge of Bankruptcy

14 Countries on the Verge of Bankruptcy

“I am concerned that too many people are focused too much on money and not on their greatest wealth, which is their education. If people are prepared to be flexible, keep an open mind and learn, they will grow richer and richer through the changes. If they think money will solve the problems, I am afraid those people will have a rough ride. Intelligence solves problems and produces money. Money without financial intelligence is money soon gone.”
― Robert T. Kiyosaki, Rich Dad, Poor Dad 

PM Leadership has partnered with Rich Dad Asia Training (S.E.A.) Pte Ltd. We bring Financial Education to Cambodia following the philosophy of Robert Kiyosaki’s Rich Dad. We have several programs that help business owners, investors, entrepreneurs, and individuals to understand the importance of financial education and preparation for their financial future. Our website is www.pmleadership.net  – Check out and see which program that suit your situation that can build up for a brighter financial future.

Words From My YODA Robert Kiyosaki

Words from my YODA, Robert Kiyosaki says, “It’s better to understand how the Federal Reserve does business and use it to your advantage, rather than trying to change the system. With this economic crisis, can you sustain a financial hit? Have you got a gun? Do you have food stored? How long can you go without a paycheck? Play by the rules of the rich, not the rules of the middle class. The fairy tale is that you should save money. The miracle of compounding interest doesn’t take into account the rate of inflation.

  • In 1904, John D. Rockefeller took financial education OUT OF THE EDICATION SYSTEM. The reason for that is to DUMB DOWN the population so that they system can be hidden from the public eye.
  • In 1910, they designed the Federal Reserve system at Jekyll Island.
  • In 1913, the Federal Reserve was born.
  • In 1933, it became illegal for Americans to own gold.
  • In 1944, Bretton Woods spread the Mandrake Mechanism around the world.
  • In 1971, when President Nixon took us off the gold standard, the plan was complete.

Learn to create your own future and print your own money. That’s exactly what the Federal Reserve does. We now have Fiat currency. There’s no gold to back it. Fiat currency is a currency that has value b/c the gov’t entity says it has value. Throughout history, every Fiat currency has collapsed. None has ever survived. Unfortunately, right now people are trusting the people who are robbing them. All you have to do is look at the rules of the Monopoly game to see how the Federal Reserve works. ‘THE BANK NEVER GOES BROKE. THE BANKER MAY ISSUE AS NEEDED’. Again, why try to change the system when, IF YOU UNDERSTAND IT, you can make it work for you? GRUNCH wants money in mutual funds and the stock market b/c that’s how it makes money. Without financial education you are dependent and stupid. They want to DUMB YOU DOWN so you feel stupid. That’s the objective of GRUNCH. Look at how the Federal Reserve and Treasury interact. Every time they lend out money, it’s in excess of what they actually have on hand. They lend money they DON’T HAVE and PRINT $$$$ OUT OF THIN AIR. IT’S LEGAL CLIPPING and it shows up as INFLATION. A sales pitch only tells you the good side. Education states both the good and bad. GRUNCH is about to lose control because the last control they have is power/energy. That’s about to come to and end. Due to lack of financial education, the poor and middle class are just PAWNS in the game. Seek to reform the environment, not man – don’t attempt to change people. Change the environment. Solve problem through action. Change causes upset. Feedback is extremely important for change. Feedback helps you focus on the areas that require change. Every time you look in the mirror, you get feedback. You either CAN’T change or you WON’T change. Precession = If you are doing what you’re supposed to be doing, them money will come. The reason most people are not successful is because they haven’t FAILED ENOUGH. They haven’t learned through experience.”

Credit: This article is originally posted on Facebook by Crystal Han II. Go to her post at Words from my YODA Robert Kiyosaki

Robert Kiyosaki: How To Be Rich

According to Robert Kiyosaki, getting rich starting from THINKING. Change the way we think and our financial life will be changed.

Is it that simple? Why the mass majority of people are poor? There must be a missing link that we do not understand what he means by Changing our Thinking. Let’s listen to Robert Kiyosaki and find out how to be rich.

How do you think about his advice from the video above? Please share what you have learned from Robert Kiyosaki on how to be RICH.

Donald Trump: How To Get Rich

Before you listen to this audio book answer to this question. Do you want to be RICH? again, Are you willing to be RICH? if your answer is “YES” Congratulation! You are at the right place and at the right time. Stay calm, pay attention and click PLAY!

Share your comments below. What did you learn from listening to this Billionaire?

Who Controls Your Cash Flow?

controlling your cashflow

The difference between the Fast Track and the Rat Race

Last week, we talked about establishing an action plan for controlling your cash flow in the New Year. One of the things I asked you to do was to fill out your financial statement, and to write down your financial goals for the upcoming year and for five years down the road.

Today, I want to talk about why this type of planning is important.

The most important skill

My rich dad said, “People who can’t control their cash flow work for those who can.” Unfortunately, most people don’t know how to manage their cash flow, and consequently, most people struggle working as employees for most of their life.

Many people think that making more money will solve their financial struggles. But this usually isn’t the case. In fact, it, more often than not, causes bigger financial problems. Why? Because they haven’t learned how to manage the money they make. People who make more money often increase their spending and get deeper into debt.

If you want to be financially secure, that will not do. An important part of becoming the CEO of the business of your life is to take control of your cash flow. That is your most important skill.

Keep two sets of books

Most people think that keeping two sets of books is illegal…and it is, in most cases. But if you truly understand the world of finance, there must always be two sets of books—yours and someone else’s.

As CEO of your life, always remember these simple words from my rich dad, “For every liability you have, you are somebody else’s asset.”

The following is an example of two sets of books, yours and your banker’s.

For every liability, such as a mortgage, car loan, school loan, and credit card, you are an employee of the people lending the money. You’re working hard to make someone else rich.

Good debt and bad debt

Rich dad often cautioned me about good debt and bad debt. He said, “Every time you owe someone money, you become an employee of their money.”

While rich dad did borrow money, he did his best not to become the person who paid for his loans. He would explain to Mike and me that good debt was debt someone else paid for you. Bad debt was debt that you paid for with your own sweat and blood. That is why he loved rental properties. He said, “The bank gives you the loan, but your tenant pays for it.”

The Fast Track and the Rat Race

The two books concept can be used to show you the difference between the financial Fast Track and the Rat Race.

There are many types of financial Fast Tracks. The diagram below is one of the most common. It is the track between a creditor and a debtor. If you take the time to study this simple diagram, you’ll see the relationship between those who are financially secure and those who struggle financially.

Which statement is yours?

The path of money flowing between the two sets of books is what is called the financial Fast Track and the financial Rat Race. For one to exist, the other must exist as well. That is why there are always two financial statements. The question is, which statement is yours? Even better, which statement do you want to have?

Rich dad constantly told me, “Making more money will not solve your problems…if cash-flow management is your problem. The people who understand the power of financial numbers have power over those who do not.”

 This Article Is Originally Posted at: http://www.richdad.com Posted on: Tuesday, January 07, 2014 Written by: Robert Kiyosaki 

Note: IF you are serious about controlling your CashFlow we invite you to participate our CashFlow 101 this week. Click HERE for more information.

“The #1 Secret to Protecting Your Future Through Uncertain Economic Times is Financial Education“

Message from Kim and Robert Kiyosaki on Financial Education

Be Rich Cambodia, a project run by PM Leadership and Rich Dad Asia to bring Rich Dad education to Cambodia to contribute to our mission “To lead humanity into success and financial growth.” We have following programs:

  1. The Official CashFlow Club Cambodia “The more you play this Game the RICHER you become”
  2. Be Rich Workshop “How the RICH gets RICHER and how you can too”
  3. Rich Dad Asia Congress “Create wealth and happiness the Rich Dad Way”
  4. Evolution of Wealth “Where and How the RICH invest and how you can too”
  5. Rich Dad Asia Private Circle Cambodia “Where and How Robert Kiyosaki’s Elite Group invest and how you can too”

Watch the video below and listen to Kim and Robert Kiyosaki why you need to get yourself educated on Financial Education?

Now you have watched the video and you understand WHY you need to focus on improve your financial education. If you have not watched the video – Click play and watch it.

Answer to these questions:

  1. Are you happy with your financial situation right now?
  2. Do you know what the differences between the RICH, and the POOR?
  3. Do you know how and where the Rich making their wealth?
  4. Do you know what the Rich THINK, LEARN, and DO?
  5. Do you know where and how Robert Kiyosaki ‘s Elite Team invest in?
  6. Are you interested in improving yourself and get more success financially?

Sitting and wanting success does not bring you any changes. You need to take action. Get yourself educated. Make a plan and apply what you have learned to improve your life financially. Contact us and find our upcoming Rich Dad Asia programs in Cambodia. Contact us now!