google.com Robert Kiyosaki
Sadly, most people in the world are financially illiterate.
And I'm not just talking about those poor souls who withdraw money from credit cards at ATMs and then write angry reviews on the internet about how banks are cheating and bankrupting them.
No, I am talking about the middle class, about quite ordinary people who are good professionals in their field, have good jobs and stable, fairly high salaries, but have to get up every morning, get ready and go to work, which they do not like, to live from paycheck to paycheck, and constantly live in fear of a pay cut, or God forbid, a cut.
We are all financially illiterate. This needs to be learned once and for all, and every time there is an opportunity to learn something about finance from people who are richer and more successful than us, we need to listen and learn.
No, don't get me wrong - I'm not talking about financial education, which involves studying finance at university for many years. I'm talking specifically about literacy, which will enable you not to lose money on nothing and risk your savings.
The first thing a person who decides to change their lives and break out of this rat race of home-work-home is to become financially literate.
One of the most understandable and internationally recognized practical manuals, brightly and simply conveying the idea of the importance of financial literacy is the book "Rich Dad, Poor Dad" by R. Kiyosaki. This book was a revelation to me. Now I use it as my "desktop" book.
I liked it because it is clearly laid out in detail what I already intuitively guessed.
Kiyosaki for me had arranged all my thoughts in a few simple diagrams and explanations of them.
The small volume of the book speaks for itself - it's not a tedious huge book, but a brief presentation of the money world system, which can turn your idea of money around once and for all, of course, if you are clever enough, and able to think about what you've read.
So if you're tired of this endless cycle from which you can't escape, start small. Start by downloading and reading at least one successful man's book on how to become rich.
So here it is - the most valuable scheme that R. Kiyosaki shared with us, which I personally did not pay a penny to learn - I downloaded the book for free on the Internet.
What is the point of this scheme?
Kiyosaki suggests that everyone should keep two kinds of accounts in their head, if possible on paper - a Financial Account and a Balance Sheet.
Most people live without keeping any account of their finances at all. A smaller proportion still think about such a report, but only come to the financial report - that is simply write out their income and expenses for the month, well, and ensure that costs do not exceed income.
This is a step in the right direction, but it is not enough for financial freedom.
Kiyosaki reveals a new and most important kind of report - the Balance Sheet He says - try to present your life, and make a balance sheet on it, like an honest accountant.
Write out and divide everything you have into Assets and Liabilities. Assets are what bring you income, Liabilities are expenses.
1. The first thing I suggest is to write down your Liabilities - it's very sobering.
For instance, do you have a cat? I do. I would put it in the liabilities - no income from it, but the cost - and his food and litter.
Do you have a car? Do you have a car that makes you money? If you don't, it is a liability, you need insurance for it, you need gas, you need to buy gas, it needs repairs, you need to park it and you have to pay for all of this. You are definitely a liability.
The only exception is if you work in it. For example, you're a taxi driver. But even then, don't rush to write it down as an asset. First, determine whether it has already paid off for you. If not, it's a liability until it pays off. See if your daily profit from it is worth more than maintaining that car, including insurance, repairs, gasoline, parking. If so, you can still somehow put it down as an asset.
Do you have a house or flat you live in that you have taken out on credit? Write it as a liability calculate utility bills, loan payments, repairs
2. The second step is to write down your assets.
You can include in your Assets everything that brings you passive income regardless of your involvement.
Definitely, Assets can include real estate that you rent out.
Passive Income Assets can include stocks, bonds, and investments that pay dividends.
3. You can then write down the income that you receive not from your assets, but from external sources.
You can write down your salary, gifts, perhaps an inheritance, or even lottery winnings. As you write out these amounts, repeat to yourself that they are all temporary, that any one of them may not be there at any moment, and that you should not work on increasing these incomes in the first place, but on increasing your Assets.
This is a very valuable point by Kiyosaki - it needs to be clearly understood.
Don't beat yourself up to increase your external income stream (salary), beat yourself up to increase your assets and consequently your internal income stream, unrelated to external conditions.
If you receive a raise, you should not rejoice at the fact of the raise, but that you can use the raise to buy more assets (such as stocks in companies) and they will give you more internal income.
4. The fourth and final step is to write down your expenses.
This is where you write down everything that you spend your money on.
Remember that putting money in expenses and spending it on food, clothes, entertainment, and other things is not going to bring it back. Every expenditure takes a small bite out of your financial freedom.
Yes, some expenses cannot be taken away. Food and clothes, for example. But they can be reduced as much as possible.
Let me tell you how you can save money on food:
I don't shop for convenience foods, chips, trans fats, and the like - all of which burn a hole not only in your stomach, but also in your wallet.
Of course, it's hard to find a balance at first, but then you get used to it and you don't notice how you switch to this model.
In addition, you can buy food on sale, compare prices, use coupons and discounts. You can avoid eating out at cafes and restaurants, and you can cook yourself at home.
By yourself to buy branded or simply expensive items of clothing. You will only be able to give in to this passion when you can buy luxury items from the amount of your passive internal income.
Forbid using the Kiyosaki scheme, in as little as 4-6 years after starting work, anyone with an average salary will be able to afford to have a passive income.
This passive income can already be used to buy luxury goods.
But the bulk of this income, it is better to invest it again, it will increase your wealth.
This, according to Kiyosaki, is the secret of why the rich get richer all the time, and the poor get poorer all the time. Simply because as you increase your income, the rich spend money on assets, and the poor spend money on Expenses and Liabilities.
Once you are able to buy and what you need from your passive income, you will become a truly free person, completely financially independent of outside income. You will be able to quit your job and live as you wish without feeling destitute.
Until you reach this state, you must work on this goal only, and on no other, not allowing yourself to buy more than you need from the amount of outside income.
Thank you for your attention! Have a good day, everyone!