Robert Kiyosaki

This revision is from 2023/08/15 07:54. You can Restore it.

Wealth is >>> the number of days you can survive without physically working, or anyone in your household actually working, yet still maintaining your standard of living. https://au.finance.yahoo.com/news/why-being-wealthy-is-different-and-better-than-being-rich-210045845.html

The rich have lots of money, but the wealthy don’t worry about money.” What he was getting at was that while the rich might have lots of money, they also tend to have lots of expenses and money worries. While they might have a high paying job, they still have to get up to work every day and as the current economic climate has shown too well, they may not have job security.
wealth is measured in time, not dollars - it’s not how much money you earn that’s important, but how much money you keep and how long that money works for you that makes a difference.
Over the years, I have delayed gratification, spent less than I earned, invested my money and built a significant asset base of income producing properties which now provide me with a cash machine that delivers enough cash flow each month to cover my expenses—including my fun liabilities like cars, electronic gadgets and holidays.
The bottom line - We live in “the lucky country” – a place where many of us can become rich. But only financially disciplined people can become wealthy, because it takes financial literacy, delayed gratification and years of strategic investing to grow a big enough asset base to build a cash machine to become wealthy.

Six basic words to financial literacy / education https://youtube.com/shorts/4ts7R8JoW5c

There are 3 types of Men https://youtube.com/shorts/VTJwSuluoxg … Trump Biden …

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Does stock market make you Rich - https://www.youtube.com/shorts/a0EmaI13Ijg - Apple or Tesla ... Gold ... Interesting