Clash flowPeopleSystem

Management Skills

Rich people think about money differently; they make it work for them.When life pushes us around, most people react by taking out their frustrations on their jobs or loved ones. However, wise individuals use these challenges as learning opportunities, reflecting on their own views and mistakes.Believing that problems stem from others keeps us trapped in a cycle of blame. Instead, viewing yourself as capable of handling all situations fosters wisdom and growth.In the terms of money, most people play it safe because they are afraid of losing it.

Rich Don't Work for Money;

The single most asset we have is our mind.

Be creative in business while excelling (Be innovative in business while doing your job well. Simultaneously, focus on building assets for future growth) in your profession. Improve your assets simultaneously for future growth.

Bussiness

Think big to grasp big opportunities. Master the market and uncover insider knowledge.

Finally

A liability takes money out of your pocket.An asset increases the value of your money.The cash flow patterns of poor, middle-class, and rich people differ based on their assets and liabilities.Income Sheet:Income: Money earned from various sources.Expenses: Money spent on living costs and other necessities.Balance Sheet:Assets: Items that increase in value or generate income.Liabilities: Items that decrease in value or incur costs.

Assets And Liabilities

FearCriticismLazinessBad habits ( expenses)

Overcome

1. Accounting2. Investing3. Understanding market4. The law5. Supply and demand

Factors

Fear stems from worries about affording necessities, handling taxes, or feeling insecure about not having enough money. Greed arises when people have money saved and feel compelled to buy unnecessary items.

Fear And Greed

marketingandsales

Marketing & Sales

moneyandinvestments

Money & Investments

motivationandinspiration

Motivation & Inspiration

books

Books

leadershipandmanagement

Leadership & Management

Although we have been successful in our careers, they have not turned out quite as we expected. We both have changed positions several times-for all the right reasons-but there are no pension plans vesting on our behalf. Our retirement funds are growing only through our individual contributions. Michael and I have a wonderful marriage with three great children. As I write this, two are in college and one is just beginning high school. We have spent a fortune making sure our children have received the best education available. One day in 1996, one of my children came home disillusioned with school. He was bored and tired of studying. “Why should I put time into studying subjects I will never use in real life?” he protested. Without thinking, I responded, “Because if you don't get good grades, you won't get into college.” “Regardless of whether I go to college,” he replied, “I'm going to be rich.”

Kiyosaki is best known for his book Rich Dad, Poor Dad, the #1 New York Times bestseller. Kiyosaki followed with Rich Dad's CASHFLOW Quadrant and Rich Dad's Guide to Investing.

Overcome

Similar ideas to Overcome

Why to avoid laziness and walk towards learning

Slay Unhelpful Habits

There are four types of expenses, and only one of them needs to be cut 💸