ROBERT KIYOSAKI BLOG

Saturday, October 16, 2010

Kiyosaki : The Sacred Cows of Money - Work Hard

Robert Kiyosaki : assets put money in your pockets whether you work or not , and liabilities take money from your pocket ...for example my house is a liability because it takes money from my pocket every single month , your rental properties are assets because they put money in your pocket whether you work or not...one reason so many people are struggling financially today is because they are buying liabilities thinking that they are assets
Robert Kiyosaki and friends talk about the idea of "work hard".

Who is Robert Kiyosaki ?

Robert Kiyosaki - Robert T. Kiyosaki, best-selling author of the "Rich Dad" series, and former Marine gunship pilot during the Vietnam War, is an investor, entrepreneur, educator and New York Times best-selling author. His financial education book series Rich Dad Poor Dad has been translated to over 100 languages and sold more than 26 million copies world wide. He also created the educational board game Cashflow 101 to teach individuals the financial and investment strategies that his rich dad spent years teaching him. Robert Kiyosaki's perspectives on money and investing are different from traditional teaching. The old beliefs of getting a good job, working hard, saving money, getting out of debt, and investing for the long term are obsolete in today's world. Robert Kiyosaki's teachings focus on generating passive income through investment opportunities, such as real estate and businesses, with the ultimate goal of being able to support oneself by such investments alone.