Sign up

Financial Education Blog

Blog Author
Blog Month
You Don’t Need More Money image

You Don’t Need More Money

The Poor Work for Money

Rich dad said, “The poor work for money. The rich make money work for them.”

It’s assumed that most everybody wants to make a lot of money. In order to make a lot of money, the general consensus is that you have to work harder and longer. This is why in the U.S. everybody is overworked.

Consider these facts:

  • The average U.S. worker clocks in about 1,804 hours per year at work — the highest output in the world
  • 56% of Americans report doing work from home
  • 20% report doing it every day of the week
  • 25% didn’t take any time off last year
  • 43% took less than a week off

Those numbers represent a 400% increase in productivity since 1960 — and a lot of tired, time-constrained Americans chasing the almighty dollar.

Why the poor stay poor

If you ask most people why they’re doing all this work, they’ll tell you it’s for money.

By this, they mean a steady paycheck that provides security. Money is one of the primary reasons people take on thousands of dollars in college loans to get a degree for a high-paying job that they don’t like but which they spend most of their waking hours at — all while the things they really love in life sit on the sidelines waiting for them to finish working.

The problem with this approach is that you only make money as long as you work. The only thing of value that you have to sell is your time. So, in order to make more money, you have to work longer hours, which is physically taxing.

Because you only have a finite amount of time and energy, as an employee, you’re earning potential is finite.

Why the rich get richer

Conversely, if you ask most rich people what they work for, they’ll tell you it’s for assets.

By this they mean investments and businesses that provide steady cash flow each month with little-to-no work. Instead of spending their life working for money, the rich work to understand how to make money work for them through financial education.

Adding more assets is much different than working for a paycheck. For instance, adding assets doesn’t require working longer or harder. In fact, the higher your financial IQ, the less you have to work to acquire high-quality assets. These assets then provide passive income, even while you’re sleeping or playing.

In other words, money works for the rich.

Plan to get rich

This is not to say that the rich don’t work. They just work differently.

Each year, Kim and I sit down together and set goals as to how many new assets we want to purchase. It’s important to note, we don’t make goals to make more money. We don’t spend our time looking for a better, higher-paying job. We know that if we focus on finding high-quality assets, the money will come — and for many years to come, even after the work of acquiring our assets is done.

Kim and I have spent many years building our portfolio slowly and steadily and investing in our financial education. Today, we make millions of dollars a year in passive income — money that works for us instead of the other way around.

We could retire if we wanted to, but we love what we do, so we choose to spend some time working on building our collection of assets. But we also have a lot of fun and free time to pursue the things we love.

What are you working for?

How about you? What are you working for? Are you working towards making money work for you through the power of assets? Or do you spend your days toiling away at a job you hate in order to make money? If so, what’s holding you back?

Today, I encourage you to start investing in your financial education and building for your future through the power of assets.

To help you get started, check out our free, financial education resources here.

Leave A Comment jump to leave a comment
Bill Gates Junior
5/22/2012 7:42:48 PM
Monday, July 30, 2012
Welcome to Polo Outlet Online store, enjoy generous savings on this Polo Ralph Lauren Outlet ,Cheap Polo Shorts,Polo Ralph Lauren Shirts,Polo bags,Polo Jackets Sale and so on.You can easily find the best collection of polo shirts from online Ralph Lauren outlet. No question you have opportunity to get Latest Styles Of Polo Shirts,fast Delivery And Best Service! Polo Outlet Online Enjoy High Reputation From Many Customers,come on!
Monday, July 30, 2012
Everyone enjoy Ralph Lauren Usa should visit our Polo Outlet Online which sale ralph lauren clothing and cheap ralph lauren polos for place your order. Latest Style, high quality, low price and best service! Fast delivery! the most popular male and female and fashion style are waiting for you.
5/22/2012 9:40:04 PM
Good morning sir,my financial Educationist.Since the time someone introduced to me your popular book,'RICH DAD,POOR DAD',I took interest,went and bought it and i have digested everything.Infact,it has been re-visited.However,being a recent graduate of a University here in Nigeria,I find it difficult to get money to create and build my assets through shares and stock.Can help sir?
Saturday, May 26, 2012
NIGERIANSSS... na whaooo... MR OLOGUN, now listen up!!! Asset(s) is anything that puts money in your pocket whether you work or not. So, asset mustn't be paper assets like stocks or multimillion business empire. Music records, recharge card stands, books written by you that are out in the market, production of small products like pure water with about 5 workers that you pay, are all assets. Therefore, assets are not only the standard assets that we all know about such as stocks, bonds,real estate etc, but in a complete definition;it is ANYTHING that puts money in your pocket whether you work or not!!!
Saturday, May 26, 2012
MR OLOGUN... i dont think you have digested everything, because if you have you should have known that MR ROBERT, is not here to give you money or help you solve your financial problems( in your case 'NOT ENOUGH MONEY') but teaching you how you can solve it your self... if he should help you just as you asked, then he is not truely helping you... LEARN TO SOLVE YOU FINANCIAL PROBLEM and build your FINACIAL INTELLIGENCE...
5/22/2012 10:40:19 PM
I have already ready about four books and I am planning to read all of your books including that of your lawyers. They have changed my mindset and in fact I am starting my business this year if all the plans go well. I would appriciate if I get the email for Robert Kiyosaki so that I could welcome him to Tanzania to give the same training here in East Africa.
11/15/2012 1:29:46 AM Coach Factory Outlet Louis Vuitton Outlet
8/6/2012 5:17:49 AM
Pour près d'un siècle, le [url=]stylo mont blanc[/url] afin de créer l'écriture classique du monde des instruments célèbre nom de Montblanc représente l'art de haut stylo écriture, de l'étoile hexagonale marquage blanc, c'est précisément la forme de la plus haute montagne d'Europe, le Mont Blanc surplombant, un symbole plus ofEurope de montagne du [url=]mont blanc stylo[/url] Setsurei couronne, le point culminant de la montagne est 4810 mètres au-dessus du niveau des mers, chaque plume sur le "4810" "Mont-Blanc est la hauteur des chiffres withfor anneau généralement Xun une variété de processus à la main à topics.The créer les 25 écrit plus fabrique des instruments d'écriture MONT BLANC comme le [url=]stylo mont blanc prix[/url] en tant que. solide et noble [url=]stylos mont blanc[/url]
8/6/2012 5:27:07 AM
Pour près d'un siècle, le [url=]stylo mont blanc[/url] afin de créer l'écriture classique du monde des instruments célèbre nom de Montblanc représente l'art de haut stylo écriture, de l'étoile hexagonale marquage blanc, c'est précisément la forme de la plus haute montagne d'Europe, le Mont Blanc surplombant, un symbole plus ofEurope de montagne du [url=]mont blanc stylo[/url] Setsurei couronne, le point culminant de la montagne est 4810 mètres au-dessus du niveau des mers, chaque plume sur le "4810" "Mont-Blanc est la hauteur des chiffres withfor anneau généralement Xun une variété de processus à la main à topics.The créer les 25 écrit plus fabrique des instruments d'écriture MONT BLANC comme le [url=]stylo mont blanc prix[/url] en tant que. solide et noble [url=]stylos mont blanc[/url]
Team Honeywell
5/23/2012 2:54:12 AM
The more I play E101 the more my mind comes up with ideas to rediscover more of my money. Am currently getting my accountant to look at ways to lower our taxes, as per Tom Wheelwright's Tax Free Wealth book. Thanks again Robert, Kim & team
5/28/2012 12:47:59 PM
你好先生。我来至中国天津。我喜欢你的书,你的视频,你是我世界上最喜爱的老师,偶像,我爱你!I love you.thank yuo very much for your coming
6/1/2012 2:06:13 AM
6/13/2012 11:41:21 PM
Surely,polo ralph lauren, its not all the speeches are often excellent and fascinating. continues to be famous for its innovative and trendy leather goods within the United kingdom since its establishment in 70s. Like a top luxury brand, mulberry uk is well-liked by people worldwide. Op p visie van hermes de mode fans, het parfum wordt p toegang product om in p top tuin. Der alte Mann hatte wieder in seine fr 1here Abstraktion r 1ckf llig und nahm keine Notiz von dem, was passiert, aber ich bemerkte, dass, wenn sie zum Lachen zu Ende war, das louis vuitton taschen Online Store Kind helle Augen durch Tr nen wurden gedimmt, These bags are not only found good add-ons chanel bags online offer space to help keep one ès wallet, phone, secrets and important documents too. chanel are produced from only the best material it doesn't tear easily and it's also sturdy. The luggage can be purchased in both small and big dimensions, by having an option for which makes it a clutch or getting straps to hold on them the shoulder. Erectile dysfunction sturdy United kingdom now on purchase.ed hardy So concrete can be a fitting time and energy to own a cement of footwear enjoy this.Don't debris the louboutin footwear.As you will realize that you contract not oppose their charm.You'll learn that rufuse louboutin footwear component that you just refuse beauty and sucess.ed hardy uk I really believe many of us are not just a foolish.We leave not rufuse louboutin footwear. Erectile dysfunction sturdy Frolic in the water Trunks aim at ladies who want for habit.ed hardy clothing Whether you enthusiasm capture trend footwear exterior for dating or footwear for feast, Louboutin footwear can persuade you.
6/13/2012 11:44:55 PM
ralph lauren sale provides effectively produced apparel to obtain adult women. They've Mens Tees intended apparel to obtain women as well as sweater, skirts, shorts, polo t shirts and jeans. Affordable ralph lauren polo shirts skirts correctly match youthful ladies. They've intended trendy and delightful quick skirts to acquire youthful women on savings on 3rd party online providers. Large tops have extended tees getting numerous colourings which proceed correctly getting leg protection and jeans. Enhver person ingen kan finde penge til det simpelthen bare kan falde ud og k be en ralph lauren tshirt p family area anden side, n r du har en stram penge, males allerede nu nsker at kigge trendy din, vil du overveje at f pr cise tshirt p engrosprisen. You've acquired finally preferred it could be period to alter which regularly dull sleeping longchamp that we now have until recently have because your demonstrated a teenager, some Girl Have a look at, or else you experience one of them made of your large pot title the following released a person's covering. cheap ralph lauren provides effectively produced apparel to obtain adult women. They've Mens Tees intended apparel to have women along with sweater, skirts, shorts, t shirts and jeans. Affordable ralph lauren skirts correctly match youthful ladies. They've intended trendy and exquisite quick skirts to obtain youthful women on savings on 3rd party online providers. The ability linked to acquiring wholesale ralph lauren outlet tops could be the advantage of obtaining a much more apparel on less costs. Consequently, it doesn't matter what someone's function might be, so that you can a office or possibly conference or possibly meeting, grab every one of these wholesale polo ralph lauren uk tops and proceed an uplifting trendy fashion. This time around, should choose merely a little individual backpack, bag are small, functioning, while using the street back. completely no Hermes Bags and purses burden. Sie sollten darauf achten, dass die Website, die Sie erhalten aus kommend die authentische Objekt und nicht ein Nachbau bietet. So fr 1h wie oft wird bestimmt die tats chliche Glaubw 1rdigkeit ralph lauren online shop Steckdose ukfrom das zu erreichen haben, werden Sie ein, obwohl weit entfernt von living room gro en Reiz genie en, jener klassischen Polo-T shirts. Jeg vil v lso are parat til at gofor agenturet part eller mulberry tasker tasker fest mediterranean taske, som bist r g r mig moredo det selv-sikkert og stylish.I k bte en m ngde af ord for smiger fra mine n re venner orcoworkers, da r im or her absolut nsker from k end up being mulberry outlet The company selskabet posen. Ilet dem har nogle detaljer om living room bedste michael p at bekr fte, uanset om det virkelig isreputable eller falsk, jeg uds tte f lelser ved at eje hand bags withmy s stre. #BREAK#
6/13/2012 7:05:14 PM

Christian Louboutin discount shoes helped bring stilettos back into fashion in the 1990s and 2000s, designing dozens of styles with heel heights of 120mm (4.72 inches) and higher. The designer's professed goal is to “make a woman look sexy, beautiful, Red Bottom Shoes Sale to make her legs look as long as [he] can "While he does offer some lower-heeled styles.QUT’s art museum is presenting Christian Louboutin Yolanda Patent Leather of the Lichtenstein’s works in an upcoming Roy Lichtenstein: Pop Remix exhibition.

Most women may decide to buy away a lot of extras and is also an easy task to order Christian Louboutin Daffodile 160mm mbt dressmaker running shoes on-line developing and also the hardware the night Red Bottoms Heels is a stylish as their footwear libraries are a emotion each summer.

carrier possesses its own personality because louboutins uk Kyeops Python Motorola clutch is related to with a noble lovely women silently take a position presently there, exuding sophistication plus expensive. It’s perfect natural covering is very comforting to view that you simply wouldn choose to take the eyes off from them. Few of delightful cheap louboutin shoes will help make your everyday living loaded with enchanting along with strength. It will not only enable you to have atisfaction of the perspective but also the psychic enjoyment.Choosing that clothing for your big event and even your best colleguerrrs marriage was not ever the following quicker.Currently!

6/13/2012 7:09:56 PM

Edison brought from home a few moncler online Sale eggs inside of a neighbor found a secluded place, he was first setting up a nest within the bottom covered with soft grass, then eggs, gracefully, then sitting on best.Moncler Women Vests obtain the many abilities additionally to advantages of that technologies completely directly into bill when the rules within the additional design, textile style, colourings additionally to sizing’s additionally to types of outdoor jackets.

New down jackets sold in short supply,Moncler women Coats, I recently learned in the creative industries of China Textile City base F5 Best costume design studio .To this, my father severely Cheap Moncler Long Down Jackets Outlet beat him up, and reported he was not allowed to engage in any future experiment. Using the constantly improving operating mode, the doorway of Moncler’s sport clothes was opened in 1994. Moncler Clothing have extended to many fields and also have increasingly more famous retailers in European region and also the world’s other countries from 1994 to 1998.

Just like you can see, this is a piece of Moncler down jackets, it is so unique for it’s design, right? Then now, if you also like this style of Moncler jacket and you can come in our store online to have a look. especially the orange and yellow ones Cheap Moncler Womens Pullover Sweaters is a legendary name for a company makes ski-wear Moncler finds his wide development space in cooperating with Junya Wsatanabe and Beams etc After developing their business for all these years.

6/13/2012 7:16:12 PM

Prada has proposed two new eyewear design, 2011 FallWinter. Type 1 and type 2 Prada sunglasses are two color to choose, the use of a type also wearing dark glasses. Prada glasses retailers.We the hope that this is the Chur help or something from the access, because all the hair dye may lead to the Prada export most recent stage a bit hurt her hair.In1 of not so, child friendly discount Prada shoes, Lindsay Lohan and furry teeth host, Rico, spent some time.

Branded apparel has become a huge disaster victims, regardless of age group. Do not we all like it, when you get into a party and people ask you where to buy cheap Prada shoes on sale, the emergence of more and more brands, more and more people choose a brand. Even known, we may be more willing to choose between brands of well-known brands and product prices, if there is not much difference. Why? Cooperation between the peoples of 21 solo and Oliver by Prada export production Prada sunglasses comparable figure the Persol out a personal dream-like sense of style.

When you fashion, there is no way you miss the Prada men shoes. It was founded in 1913 by founder Mario procession. He opened his first boutique in Milan, followed by his granddaughter in 1982 to expand the business level. She lazily first Prada British shoes.

6/13/2012 7:26:03 PM

Love is really a moral quality. I really like a great autumn, love moncler. Within this autumn, what type of T-shirt are you going to select to demonstrate your beauty completely?The famous Moncler Branson Down Jacket has became the necessary item for many people in winter. The fashion designs and high quality is the main characteristics of the Moncler clothing. Another time, Edison saw the birds fly freely while in the sky, thinking Moncler women Jackets sale On the net Store, birds can fly, why cannot men and women fly?

Moncler jerkin available women, cheap moncler down jackets women for sale. Gombe state’s police commissioner had not been immediately available to discuss the violence. Moncler stands on the latest fashion again From this moment, women could enjoy the same right to pursuit fashion with moncler women jackets, as there have both Moncler mens Polo T-shirts and monkler mens down jackets for you to choose Moncler clothing never stop the steps of fashion clothing and the goal of moncler is to make out all kinds of clothes to all people.

Moncler men vests is frequently a prominent to have the ability to anyone which favors that foothills additionally to easy placed on. That Moncler items and solutions have grown to be famous around the globe, particularly cheap Monclers Outlet jackets.Moncler may well present several advantages.

6/15/2012 1:27:50 AM - Authorization of the Italian brand, C & T ancient ti luggage online monopoly, product perfect blend of tradition in innovation, on behalf of independent fashion | confident urban women attitude to life, advocating a new noble and expensive fashion concept, brand-based PU seriesto break the traditional sales model, 75% OFF Coach Outlet Online Store,Coach Outlet Coupon Sale making the brand more popular. As the mass to go in addition to the original content of the atmosphere and the interaction of the middle ... and judge their own experiences: shop selling fake brand bags site due to joint and several liability. Convergence massive high loyalty, high-quality industry user group generated by the super popular trading is the most influential community of leather bags. Is specialized in providing well-known box package leather goods brand sales agent bag handbag brand to join the latest fashion bags, bags wholesale is, Pijuxiangbao accessories website!
6/18/2012 8:30:13 PM
BENZ STAR C3 Super Mercedes Benz Mb star mis à jour sur Internet adapté à tous les ordinateurs AK-47 dental intraoral cameramedical loupesdental x ray film scannerintraoral camera
Monday, June 18, 2012
dental intraoral cameramedical loupesdental x ray film scannerintraoral cameraAK-47
6/29/2012 2:13:16 AM
Le lancel homme a également une présence en ligne et qui le rend plus facile pour vous de choisir.Vivian connexion site de la bibliothèque du temple, entrez compte personnel, la page a rapidement montré qu'elle était le site de la commission de quelques détails de soldes sac premier flirt lancel l'amour Mashi Birkin ont été au prix de 120000, une BaBaoLi notamment sept ChengXinBao 3600 yuans, et Lancel Depuis la découverte du temple de la circulation des produits de luxe, le site web de la bibliothèque plus tard, Vivian pour ses marques de seconde main à la recherche d'une maison: beaucoup de marques lancela peut vendre à un tiers du prix d'origine, des fonds limités sont le sac lancel brigitte bardot prix ne pas poor.sac Lancel Vendu pour sacs Lancel, la bibliothèque de chaque temple des frais de transaction une commission de.Vivian l'utilisation de celui-ci lance une bibliothèque nouveau temple appelé lancelonline commissionsac soldes premier flirt lancel nouvelle entreprise. lancelUsers souhaitez commander un luxe, Lancel pour prendre des photos directement dans le temple, les coulisses, l'évaluation de division bibliothèque en ligne à identifier les produits. Une fois par l'évaluation, l'utilisateur sac bb lancel prix peut diriger en ligne consignment. expliquent temple de la bibliothèque.Mais, même ainsi, les objets, doivent encore être livrés à un nettoyage du temple bibliothèque de soldes premier flirt lancel sac magasins désinfectés, encore une fois confirmé après l'authenticité et l'envoyer à l'envoi. S'il ya d'autres utilisateurs de prendre des produits, par l'envoi direct de l'envoi.En d'autres termes, Vivian a vu sur les types en ligne de la soldes sacs lancel vente de plusieurs de ses Lancel, et maintenant, sont susceptibles de magasin déconnecté synchrone d'affichage. La fonction du réseau est d'élargir la foule des biens de la zone de contact.
7/17/2013 12:13:59 AM gucci shoes outlet gucci handbags outlet north face clearance north face jackets outlet online monster beats outlet online beats by dre pro michael kors factory outlet michael kors outlet online coach outlet online coach outlet coach outlet usa coach outlet usa coach outlet online usa micheal kors outlet usa micheal kors outlet online michael kors outlet usa coach outlet online coach outlet
Play CASHFLOW Classic0

Latest Rich Dad Blog Posts