Here are some more habits of the rich. 1. Charitable giving: Those who had $500,000 or more in investment assets gave away on average 6% in charitable donations. 2. Business owners: Of the top 10% richest people, 41% own their own business; however, business owners are still advised to diversify ...
Okay, so in the last article I talked about why strategy is so important. Now, let’s get to some basic strategies for making money. At a very basic level, you can choose one (or a combination) of four main paths. (See Rich Dad’s Guide to Investing for more details). · ...
In order to get rich, you have to have a strategy. Wikipedia explains that “a strategy is a long term plan of action designed to achieve a particular goal, most often "winning." Strategy is differentiated from tactics or immediate actions with resources at hand by its nature of being extensively ...
So I picked up a book that was kicking around called Traditions of Wealth, which is a practical, quick-read, (and apparently hard to find) and I especially liked the chapter about thinking like the rich. Did you know that most rich people don’t actually appear rich? Sure there are some ...
Have you ever heard of the self-fulfilling prophecy? Self-fulfilling prophecy means that if you predict or believe something to be true, it will come true by your conscious or unconscious actions. Think about it—if you believe that you will fail a test or won’t get a promotion, you could say ...
Here are 10 very serious problems that Robert Kiyosaki lists in his co-authored book Why We Want You To Be Rich. · Value of the dollar falling · National debt increasing · Baby boomers starting to retire · Oil ...
Step 1: Dream. Dream Big. Step 2: Set a goal. Make it specific, meaningful, and measurable. For example, "I’m going to be worth $1,000,000 in 10 years.” Step 3: Educate yourself. Read. Read books. Read articles. Read about wealth generation. Test ideas out. Talk to knowledgeable people. Step 4: Plot a course. You ...
