Do You Want To Make More Money?
People’s lives are forever controlled by two emotions: fear and greed
Is there any end to it?
Last month, I finished reading a book — Rich Dad and Poor Dad by Robert Kiyosaki.
The book is insightful and it’s a knowledgeable read, there is no doubt in it.
But It made me think hard and I analyzed some of the questions that came up on my mind while reading the book.
One of the questions is, why we all want more money but never want to learn about investments and strategy to built assets. Robert called as “Financial Literacy”.
I totally understand, one of the main reasons why people want to make more money or want to earn in that matter. More money means — more comfort, more self-worth, a sense of security, and of course a powerful position in society or fact in one’s own family.
Below are my main three takeaways from the book.
Work to Learn — Don’t Work for Money
“The Rich Don’t Work for Money”
The truth is that the majority of rich people do work very hard. Rich people — and people who want to become rich — work and learn every day how to put money to work for them. But their way is very different than most people.
“The poor and middle-class work for money. The rich have money work for them.”
Robert Kiyosaki also notes that having a regular job is just a short-term solution to the long-term problem (or challenge) of creating wealth and financial freedom:
“It’s fear that keeps most people working at a job: the fear of not paying their bills, the fear of being fired, the fear of not having enough money, and the fear of starting over. That’s the price of studying to learn a profession or trade, and then working for money. Most people become a slave to money — and then get angry at their boss.”
“Intelligence solves problems and produces money.”
In the real world, it’s not the smart who get ahead, but the bold
One thing in common in all of us, Robert included. We all have tremendous potential, and we all are blessed with gifts. Yet the one thing that holds all of us back is some degree of self-doubt.
Everybody has doubts that affect self-confidence, and it’s easy to fall into the trap of playing “What if?” especially when friends and family are constantly reminding you of your potential shortcomings.
“Winners are not afraid of losing. But losers are. Failure is part of the process of success. People who avoid failure also avoid success.”
Though it’s always wise to think of all possible pros and cons however it becomes most important not to allow the cynicism of others to overtake your control. Otherwise, you may become immobilized as opportunities pass you by.
Train yourself to listen to what other people have to say, especially when it comes to money and investing. If you discover you’re ignorant about a subject, educate yourself or find an expert in the field.
Getting Started
This book is full of possibilities and gives you pointers on how you can start your journey to make more money and achieve the highest level of financial literacy.
Chapter 8, tells you that “there is gold everywhere, most people are not trained to see it.”
Part of this lack of vision and clarity comes from the world we live in. We’re trained from a very young age to work hard for someone else, spend the money that we earn, and borrow more if we run short.
Unfortunately, people who choose to become one of the masses never take the time to develop their financial genius. There are top three things you can start with:
- Have a deep emotional reason or purpose for doing what you do, a combination of wants and don’t want.
- Understand the power of choice and choose daily what to do, including choosing the right habits and educating yourself.
- Master the power of learning quickly and develop a formula for making money.
The goal of Rich Dad Poor Dad is to motivate you to develop your unique path to financial freedom.
While the book doesn’t take a one-size-fits-all approach with ready-made answers, it does provide an excellent framework for creating your objectives to build wealth by investing in real estate
Stop doing what you’re doing by taking a break and assessing what is and isn’t working.
Begin with your financial education, then create your objectives to begin your path to long-term wealth and financial freedom.
Be Bold
Be Courageous
Be Your Best
Subscribe to my weekly (free) newsletter about health, personal development and well-being here https://drthefit.substack.com/
If you like reading it, read my other stories