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!

How To Win – Great Interview with Robert Kiyosaki

We are the official event organizer for Rich Dad Asia in Cambodia. We have a mission “To elevate the financial well being of the Cambodians.” This simply means that we bring the right education for you and other Cambodian people that help you to see the future better so you can stay ahead on the marketplace.

Contact us today for more information: 023 63 64 966 or email us 

Today’s Advice from Rich Dad Asia

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To Learn more about RICH DAD ASIA visit www.richdadasia.com

We have the privilege to share with you an advice by our Rich Dad Asia that we got from his facebook fan page at Bellum Tan – Rich Dad Asia. We are happy to post this message with his full permission and support. Please enjoy your reading:

” Think of something new you’ve actually learned in the past week; if you can’t think of anything, get comfortable where you’re at because you’re not going anywhere. To stop learning is to stop living.” – Robert Kiyosaki Love waking up a new day and getting challenge by Mr Robert Kiyosaki.

For everyone needs a coach or mentor that continue to kick them , so if you have not found yourself a coach look for one. What have you learn last weekend if you can’t come up with anything that you have learned than you have wasted a part of your life. Last weekend I have a great lesson learn with open out my eye to a new opportunity. Thinking that you are the best will stop you from learning and stop living. SO look forward to a great week and go learn something new.The best place to learn is to go listen to a seminar as often it is presented by someone who have been there or they have read from the book.

To me this is the lazy way to learn. But if you want to be RICH learn to be LAZY instead of being hard working like going to a library and try to read all the books with great knowledge in it. Why spend so much time reading searching for the right book to read why not wait for someone who have read it and share with you the best part and when you want go in more in depth than go and pick up the book. Or why go and do it yourself and bang yourself into the wall and learn the hard way when you can learn from someone who already being there. Survey also found that the best way to learn is not by reading but by attending talk or getting your hand all dirty doing it. That is why I aways encourage people to play Cash Flow 101 the financial education board game created by Mr Robert Kiyosaki.

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PS: We are going to have Mr. Bellum Tan, Rich Dad Asia and Investment Partner of Robert Kiyosaki to conduct a workshop in Cambodia this upcoming weeks. More information please CLICK HERE 

 

Get Advice From The Rich

Everyone has questions. There’s the bread-and-butter ones that keep us up at night.
– How secure is my job?
– Do I have enough saved for my retirement?
– How do I pay off my debts?

These are all REAL concerns we all have and even the most successful among us have concerns of our own.
– Where is the best place to invest my money? How secure is it?
– How do I grow my business?
– When is the best time for me to buy, or sell?

Whatever the question you’re asking, are you sure you’re going to the right advisors?

It’s ironic that the first people we turn to for advice are our friends and family members who know about as much as we do, are about as successful as us, or hold to the same views that we have.

There are times when all they seem to do is at best sympathize or encourage, and at worst, tell us about how much better off they are, throw in a unhealthy dose of THEIR OWN complaints, lead us in the wrong direction, and make us more confused. Even if they do give a decent answer, they may not be the BEST answers.

Isn’t it time for us to stop asking the wrong people and go to the best advisors and coaches, the same ones the rich and prosperous pay millions to hear from? You may think you don’t have the resources engage their services, or even have an hour of their time. That’s why we care enough to give you the opportunity right now. You just have to grab it.

You can ask Mr. Bellum Tan your questions. Send him in, no matter how silly they may sound. The silliest questions are the ones that are never asked. And you have between now and the launch of the Rich Dad Asia Workshop in Cambodia to ask them anything.
So, leave your questions at the comment section below. 

What’s more, you’ll have not just an hour of his time, but One FULL DAYS to hear the best questions answered by Mr. Bellum Tan himself. You’ll even get to meet him face-to-face.

Now if that sounds good to you, don’t waste any more of your precious time tossing and turning in your bed with these questions robbing you much needed rest. All it takes is for you secure your place at the Rich Dad Asia Workshop in Cambodia by clicking the link here

Or simply call 023 6364 966 / e-mail: info@pm-leadership.net in order to secure your seat/s.