Last month, I began to explain how Lisa and I acquired our start up capital. We were able to save up a little money using our Plan to Be Secure (PBS) system but certainly not enough to open our business. We felt prepared and maintained optimistic attitudes as we approached...
https://www.richdad.com/goal-without-a-plan
3/18/2019 4:20:27 PM
Rich Dad's Guide to Becoming Rich Author {$richdad.books.author.robert.kiyosaki$} There are many books that popularize the idea of frugality and living below your means. Many so-called money experts write and speak about the virtues of cutting up your credit...
https://www.richdad.com/books/guide-to-becoming-rich
7/2/2020 9:39:35 AM
Summary Not all debt is bad debt The rich understand the difference between good debt and bad debt Increasing your financial education will help you understand why “getting out of debt” is actually a scam This is the seventh post in a s...
https://www.richdad.com/rich-dad-scams-get-out-of-debt
4/19/2013 10:33:56 PM
For this blog, my team gave me 10 questions that they’ve seen asked by people in our community. Let’s just dive in: If you want success, you need mentors who have experienced success. In flight school, my first instructors taught me the basics of flying. The next leve...
https://www.richdad.com/10-questions
4/16/2014 9:57:31 AM
Summary There are key characteristics that differentiate an employee mindset from an entrepreneur mindset Successful entrepreneurs put their business - and employees - ahead of themselves Learn different methods to invest in meme coin. ...
https://www.richdad.com/business-mindset
11/21/2017 7:00:00 AM
Imagine you are placed in the middle of the woods with another person you have never met before. You are told that it takes one day on foot to get back home. You are given a map, a compass, and just enough food and water for one day. Your companion has the same. The map shows...
https://www.richdad.com/be-an-investor
4/27/2018 7:00:00 AM
How often do you ask yourself: What is money? Throughout the ages, money has been different things to different people… at different times. At one time or another, shells, colored beads, feathers, stones, and cattle have all been used as currency, as mediums of exchange. ...
https://www.richdad.com/bitcoin-marries-tesla
4/1/2021 1:57:11 PM
On moving from being a laborer to being an investor Two curious events collide in the month of September. The start of the month kicks off with Labor Day—a celebration of employees' contributions to the economy, and the rest of the month celebrates self-improvement because S...
https://www.richdad.com/the-rich-dont-celebrate-labor-day
9/7/2016 8:35:05 PM
Summary Wholesale real estate is a different, less risky way of investing Though it may seem similar, wholesale real estate is different that “fix and flip” real estate The process of wholesale real estate can be very quick, but requires some ...
https://www.richdad.com/wholesaling-real-estate
6/25/2019 7:00:29 AM
Summary Key tools for risk management in investing, such as reward-risk ratios, stop loss orders, protective puts, position sizing, and hedging strategies The importance of managing risks rather than avoiding them, and provides examples and explanations o...
https://www.richdad.com/paper-asset-investing-risk-managemet
8/2/2023 8:58:56 AM
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