Mostly
people think that How can we earn more money? and How can more rich? so
this Blog solve your problem and presents 7 Secret For Be
Rich..........
1- Work hard by money for yourself
According to Kiyosaki "The
poor and middle class work for money. The rich have money work for them. The
rich buy or create assets that work for them so they don't have to... An asset
puts money in your pocket and a liability takes money from your pocket. The
rich understand the difference and buy assets, not liabilities. "
Don't spend money until you're
making it. Anybody can spend money. For example, If I gave you a million
dollars today for your business I'm sure you could come up with a million
different ways to spend it. But not everyone can make money. Find ways to get
your product or service out without spending money. Get even just a few orders
and prove that people will buy what you're selling. Then spend money on expanding
your marketing. Your money will be well invested because you know you have
something that works.
Kiyosaki believes that people go to
school to learn how to work hard for money while he tries to teach people how
to have money work hard for them. He believes that for many people, success is
working hard to land a secure job at a big company or government who will look
after you until you retire. That model might have worked in the Industrial Age
but now in the Information Age, people have to look after their own financial
security because you can no longer rely on your employer to take care of you.
One of the best ways of doing this, he believes, is to create your own business
and become your own boss.
2- Firstly Pay Yourself
One of the key fundamental practices to achieve financial
freedom is to work for yourself, rather than work for a bank or a company.
Learn to pay yourself first before you pay someone else. By doing this you
achieve two things- you make yourself richer, and you stop getting poorer. Only
when you save money today can you invest it tomorrow, ensuring your financial
freedom in the process. you should understand the differences between assets and liabilities. so you should remember
that Assets are things you own and increase your net worth and Liabilities are
things you owe and decrease your net worth.
3- Take One Path Until Successful
Napoleon Hill said in his book "failure and
defeat are nothing more than a flaw in planning". Don't try to guess what
other people or the markets will or won’t do. Create your plan and then work
that plan until you're successful. If you want to try income investing, try
income investing. But don't try to shortcut the learning process and add growth
investing and speculation to the mix. When things don't go according to plan,
"fix the hoopla" and try again.
4- Have Clear and brief Financial Goals
Most important thing,
If you don’t have any clear defined financial goals, then it will be very hard
to work towards securing your financial freedom. If you want to establish a
vast business, work towards it by starting your own company. Alternatively, if
you want to be an investor, learn to pick the right opportunities and grab them
immediately when available. Only when you have your financial goals clearly in
your mind will you be able to recognize your true potential.
5- Mind Your Own Business
According to Kiyosaki "Many people confuse their
profession with their business. To become financially secure people need to
mind their own business. Your business revolves around your asset column, as
opposed to your income column. The rich focus on their asset columns while the
poor and middle class focus on their income columns.”
If you want to grow your business properly and have confidence
in your decision making, you need to understand your numbers. Yes, it may be
boring and outside your core competencies at the beginning but when you can
understand your balance sheet, income statement, and the numbers that run your
business you'll be in a much better position to drive your company forward. It
could be one of the best investments that you make into yourself and your
business.
If you want to achieve financial freedom, Kiyosaki believes that
there are 3 key lessons that you need to master- learn how to make money, learn
how to manage it, and learn how to invest it. He encourages people to keep
their day jobs until they are earning enough money on the side from their own
business or investments to be able to quit. Kiyosaki also believes that money
is a "base subject" and that it's never too late to start learning.
6- Control your spending
Today, We live in a consumption world where we
are compelled to spend continuously. Your spending habits are one of the main
reasons why you won’t be able to secure your financial future easily. Track
your every expense and think twice before making any purchase. It will be hard
to do so at first, especially if you are prone to uncontrollable spending, but
once you learn how to manage your expenses, then moving towards achieving your
financial freedom will be easy.
7- Take attention on your passion
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