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.
Consumer households and businesses need to have cash on hand for general needs and for emergencies which may occur. Entities can easily run into trouble when adequate cash is not available. One thing with having steady cashflow is it is needed for long-term success and for daily expenses. The money which is earned by an individual needs to be put in a safe place to grow income. However, a household needs to have a certain amount of cash that is liquid. This means basic investment accounts need to be easy to access and are not subject to any losses.
Individuals need to be conditioned about the different aspects of earning money. This means taking the time to learn about the best ways to invest and keep extra money on hand. The best way to do this is to have a dedicated coach who is able to provide an individual with basic feedback and encouragement. This can easily be done by joining a group of like minded people, such as Cashflow Club Cambodia.
There are many aspects about finances that need to be understood by consumers. This includes how to develop financial intelligence, learning about basic accounting and skills for managing risk. There is also strategic thinking skills every person will need to know. One main aspect is being able to see opportunities that were not seen previously. Many people are stuck in a rat race and often feel they will not be able to achieve financial success.