Topic: How to change class from low class and middle class to high class.
Book reference:
-Rich dad Poor dad Cash flow quadrants by Robert Kiyosagi,
-Why we want you to be rich by Robert T. Kiyosaki and Donald J. Trump.
In current world, everything changes quickly some groups of people can adept and some groups of people can’t. Some a business author call this age is global paradox. This time people can communicate with peoples around the world by use a little time because of technology make everything different from 20 years ago.
Today, many people work hard but they‘re not rich because they lack of knowledge and experience about money management.
The gap between the rich and poor has grown in the past 20 years in the developing countries. And the government is suggesting that we educate our children so they will grow as responsible grown-ups and hopefully will be financially stable.
The problem is we educate our children to be specialized employees but not financially literate. Then the gap continues to grow and the have-nots will blame corruption. Then a revolution will break out because they can't take it anymore. Chaos sets in then the rich will see opportunities in times of war. And the poor do not. Then the cycle goes on. The gap grows and grows even farther.
From rich dad, poor dad book: Many people spend your life working for money and to pretend that money was not important. Robert T. Kiyosaki’s rich dad believed that life was more important than money, but money was important for supporting life. He often said, "You only have so many hours in a day and you can only work so hard. Learn to have money and people work hard for you, and you can be free to do the things that are important." For example:
1. Having lots of time to raise his kids.
2. Having money to donate to charities and projects he supported.
3. Bringing jobs and financial stability to the community.
4. Having time and money to take care of his health.
5. Being able to travel the world with his family.
If someone wants to rich, the first thing they should change is attitude.
We can separate 4 types of all segment of job that indicate what different between rich people and poor people.
In the employee part, you will spend the much time per day; spend much day per month to work. Income from this employee part is enough for you to pay your living price. If you stop work, income will stop too. There are a little number of peoples from this part are rich such as CEO from some big companies.
In self-employed part, some of this part gets much income but some of this part was not success. This self-employed part can’t stop work too. They must spend most of time in their life to take care their job. Self-employed has income equal or higher than employee. There are a little number of self-employed can gain much income such as Hollywood superstar, singer or sportsman.
In business owner part, there were 20% of peoples in the world. They can become rich because they have own system to help to take care their business, so they have much free time to make other business. For example: apartment owner, company shareholder.
In investor part, they are highest income in all part. They have many systems to control their business. They have free time to make other businesses to increase their income such as companies’ shareholders, franchise owner or real estate owner.
Business owner and investor have something make them different from employee and self-employed is system called cashflow. Cash flow makes have Business owner and investor high income and free time.
Cashflow example:
-Company shareholder (Prefer share)
-Real estate owner (for rental)
-Franchise owner
If you want to become rich and change to high class group you must start making your cashflow.
No comments:
Post a Comment