Financial Planning
Quote from Robert Kiyosaki, the number one barrier to wealth is..............

lack of information!

How many of us have the financial literacy?
Do we
understand the true nature of wealth and how to create it?

Apart from getting the right mix of theory and practice & strategy and tactics, to research and have a real-world application is equally essential.


Many of us have read the book "Rich Dad & Poor Dad" and the life must have changed for the better after contemplating what Robert Kiyosaki has educated us, financially.

Don’t leave your financial education to chance!
Financial Planning
One fine day, I picked up this book on my shelf which I bought when it was released in 1997, read it again and contemplated over the contents. Re-educated myself financially with what was highlighted by Mr Robert.

Not many of us are really prepared with the necessary financial education! Not knowing about money, not what it is but what it can do for you, is probably the biggest and most critical gap in knowledge today. Do we have any formal exposure to the fundamentals of this critical area of learning?

Understanding the difference in attitudes between Rich Dad and Poor Dad is essential to taking the first steps to financial freedom. Shall we learn to battle the Poor Dad mentality and adopt the Rich Dad state of mind?

TAKE ACTION !!


Financial Planning
Which metaphor is the "right" one for you to use? Probably all metaphors are useful at different times.

Sometimes you need life to be a game so that your perspective becomes more playful.
Sometimes you need to see it as a sacred journey so that you appreciate and revere the gifts you've been given, whether they're friends, family, or opportunities.
Sometimes it's useful to think of life as just a test or a challenge, especially when you find yourself facing a situation that seems to be without positive meaning.

If you choose a different way to represent life, you'll automatically think, feel, and respond to situations in a brand new way.

How many other positive metaphors could you use to describe what life really means to you? Make a list now.

The above passage is not by me but by Mr Anthony Robbins. Yes, this has led many of us to contemplate, re-discover & possibly to look for a breakthrough.

Do we have barriers that stand in the way of life? What do we really want from life that drive us to live everyday fully with love & passion?

Financial Planning
Do you want to escape to the Time-for-money trap scheme? -- by building ongoing residual income; with that, you do work once and get paid over & over again! Dear all, please watch the video attached ~ http://www.youtube.com/watch?v=6fbvkY9KIu0 ; and you will have a better understanding. Do ponder further & deeper....

* STOP CARRYING BUCKETS, BUILD A PIPELINE ! ! *

Having success in your home-based business and to create wealth by breaking the rule Time-for-money trap is through the LEVERAGING concept.

In "The Parable of Pipeline" book written by Burkes Hedges, you will learn between Job security vs Financial freedom. Are you building pipelines of residual income by leveraging time, resources & ideas; OR, do you still want to get caught in a dead-end job, the hectic, 9-to-5 rat race?? Most Asians goes to work everyday do not enjoy what they do - financially tied down, stuck in a rut and have lost sight of their dreams. Are you in one of the situations listed above?
Financial Planning

What is Residual Income?

Residual income is a type of income that's lasting, like pipeline income. Heard of this book "The Parable of the Pipeline", anyone?? Or, watch it from : http://www.youtube.com/watch?v=6fbvkY9KIu0 soonest! It is on how ANYONE can build a pipeline of ongoing residual income in this new economy. That means you don't have to work all your life to earn money, with little effort; you can sit in the comfort of your own home and earn money.
Financial Planning
What is financial freedom?

People's feedback could be free from debts & loans; being a multi millionaire or you may be hearing :"I can live the ways I want for the rest of my life!" etc.. etc..

To me, I personally think to be financially free means I have enough funds in my portfolio for the present times as well as in times to come at any expected or unforseen circumstances. Creating & building wealth has been a practice for me especially at this economy slowdown or worse, a crisis!