Connect with us

Success Advice

(Video) Robert Kiyosaki – Stop Working Hard For Your Money, Make It Work Hard For You

Published

on

Image Credit: Unsplash

Financial Master Mind  Robert Kiyosaki who wrote The Worlds #1 Longest Running Best Seller “Rich Dad, Poor Dad” shares his advice on how to make money work for you. Robert Kiyosaki believes that we do not have to work hard for our money and that our money should work hard for us. The harder you work, the more taxes you pay”, Robert says.

Most Successful and wealthy people already know this belief and live by it, if you are a beginner just starting out then this video is an essential for your learning on the road to success.

(Video) Robert Kiyosaki : Let Your Money Work Hard For You

http://www.youtube.com/watch?v=ylPH0MW2xNk

Some Extra Advice By Robert Kiyosaki For You

You have money work for you

Do not work for money, have money work for you, the way of doing that is creating or acquiring assets that will generate cash flow. Examples of assets that generate cash flow is the business that you create or purchase real estate that you rent, paper assets such as stocks or bonds, etc.

Invest in financial literacy

Before investing in assets that generate cash flow, invest in improving your financial education. Always keep studying, training, reading books, taking courses, attending seminars, researching on the Internet, etc.

Always seeking to increase your financial vocabulary and improve your financial intelligence it enables you to identify, analyze and leverage the opportunities.

Beware of words

Words have power, you must be careful with statements you make because they could become your reality. For example, if you say “I can not afford it”, you give the order to your mind to stop working and, yes, you can never afford, but if instead you say “how I can get it”, then your mind will get to work, and strive to find the solution, for example, a way to earn more money.

Pay yourself first

Every time you earn income, before you pay your debt, reserve a percentage of that income, then invest in assets that generate cash flows. Have the discipline to pay yourself first, even if your income is low and your debts are high.

This will allow you to invest the saved money in assets that will generate cash flow and the pressure to repay your debts will motivate you to go out and invent ways to earn more money while improving your financial skills.

Motivate yourself to make money

To make money you must have passion, you like what you do, you should have fun, you love what you do and feel full.

And one way of achieving this is motivating you to yourself thinking of reasons why you want to have a lot of money and get ahead, your reasons may be, for example, can retire young and do not have to work a lifetime, not a employee to travel around the world, control your time and your life.

I am the the Founder of Addicted2Success.com and I am so grateful you're here to be part of this awesome community. I love connecting with people who have a passion for Entrepreneurship, Self Development & Achieving Success. I started this website with the intention of educating and inspiring likeminded people to always strive for success no matter what their circumstances. I'm proud to say through my podcast and through this website we have impacted over 200 million lives in the last 10 years.

Advertisement
1 Comment

1 Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Success Advice

How AI Shook Up My Business and Made Me a Market Leader

AI is becoming the biggest disruptor across most service-based industries

Published

on

ai in business
Image Credit: Midjourney

Change is an intimidating prospect for many, especially when it disrupts our established ways of working and living. Yet, within every challenge lies the seed of opportunity. (more…)

Continue Reading

Success Advice

The Crucial Part You’re Missing in Your Goal Setting Process

When it comes to goal-setting the highest indicator of success is your execution rate

Published

on

goal setting
Image Credit: Midjourney

When it comes to goal-setting the highest indicator of success is your execution rate. It has been said that a goal without a plan is a dream; and so it’s no wonder we’re told to write down our visions and make them plain. (more…)

Continue Reading

Success Advice

How to Build Character That Guarantees Lasting Success

Your character is what sets you apart from others

Published

on

building character
Image Credit: Midjourney

It is easy to get caught up in the idea that success is solely based on one’s abilities and talents. While it is true that having skills and talent can take you far in life, it is ultimately your character that determines how long you stay at the top.  (more…)

Continue Reading

Success Advice

6 Powerful Tips to Supercharge Your Small Online Business

Success within the online business community is certainly no easy task.

Published

on

how to grow an online business
Image Credit: Midjourney

Success within the online business community is certainly no easy task. This achievement will require time, patience, insight, and the ability to grow from mistakes that will inevitably be made. However, the end result is undoubtedly worth the effort.
(more…)

Continue Reading

Trending