- The rich have money work for them. The poor and the middle class work for money. - The rich knows the difference between assets and liability and they buy assets. - The rich are financially literate in words as well as in numbers. - The rich understands accounting. - The rich are more literate in different areas than people who struggle financially. - The rich knows that it is intelligence that solve problems and not necessarily more money. - The rich hires those who are more intelligent than they. - The rich focuses on building their assest and not always their income. - The rich minds there own business while keeping their profession. - The rich minimize their liabilities. - The rich buys luxuries last while the poor and the middle class tends to buy luxuries first. - The rich have financial IQ which is made of knowledge from accounting, investing, understanding market and the law. - Te rich have guts. They are brilliant and daring. They have self-confidence in their personal genius. They are bold and not necessarily smart. - The rich are often creeative and take calculated risk. - The rich turns lemons into millions. - The rich knows that money is not real. It is what we agree it is. - The rich knows that it is simple math and commen sense with the help of God is what is needed to do well financially. - The rich are professional investors. They see with their minds what others miss with their eyes. They do what stops most people. - The rich work to learn they don't work to earn. The rich knows how to sell- to communicate to another human being successfully. - The rich knows a little about a lot and not a lot about a little. - The rich are generous. They are able to give out money as well as how they receive. They give to churchs, charities and foundations. - The rich are focused. They are known to do many things but do one thing more.
How to develop your financial genius. - Have a purpose stronger than reality. - Choose daily if you will learn or not; invest your time or not. - Choose your friends carefully. - Master a formula and then learn new ones. - Pay God first and yourself others before others. - Pay your financial expersts (attorney, accountants, brokers etc) well. - Strive to bring forth something from nothing. - Be focused nbuilding your assests than you are in buying luxuries. Assets buy luxuries. - Find heroes who make investing look easy. - Teach others. Give to others. Give to church and charities.
Lastly, the key to beoming wealthy is the ability to convert earned income intopassive and/or portfolio income as quick as possible. ...culled from Robert Kiyosaki's book titled "Poor Dad. Rich Dad"
ugodaniels at 1-04-2008 04:47 AM (16 years ago) (m)
Nice one dude, thanks for sharing that but as oour wonderful ladies in the waiting room, sorry, forum has said, we need to check the other side of thames too, aiight!?
You can lose a lot of MONEY chasing girls but can NEVER lose girls chasing money!!
Posted: at 1-04-2008 04:47 AM (16 years ago) | Gistmaniac
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