All information below is copied or inspired by Robert Kiyosaki. My thoughts are usually in italics.
Previous: Robert Kiyosaki on Investing (Part 1)
Next: Robert Kiyosaki on Investing (Part 3)
Financial Plan
Where am I now?
Where do I want to be?
Financial Advisor
Interview a few financial advisors.
Ask them what they can do to help you meet your long-term financial goals.
Financial Vocabulary
Adopt a financial vocabulary.
capitalization rates
financial leverage
EBIT
producer price index
profits
cash flow
Learn the vocabulary of finance, money, accounting, corporate law, taxation, investing.
CASHFLOW® 101 Board Game
Discipline:
All you have to do is know what you want, have a plan, and stick to it.
Don’t talk to anyone for a while. Other people inevitably influence us and sometimes discourage us. Give yourself some space and ask yourself truthfully.
What do I want from this gift called my life?
Next: Robert Kiyosaki on Investing (Part 3)
Robert Kiyosaki books that I’ve enjoyed:
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!
Rich Dad’s CASHFLOW Quadrant: Rich Dad’s Guide to Financial Freedom
Rich Dad’s Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!
Check out www.richdad.com for more information and free wealth-building resources.
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