Thursday, November 25, 2010

Robert Kiyosaki



-wrote a book
-4th generation japanese
-rich dad, poor dad
-real dad spent a lot of money
-rich dad had no education but knew how to spend his money
-story between a capitalist and socialist
-to many people think they are entitled to government support
-sold over 26 million copies world wide
-NY times best selling list for 6 years straight
-we all use money..
-money. We all use it
-money is just a game
-money is not just surviaval
-making money is fun except when you are on the losing side
-keys for success
1. Scholastic
2. Professional
3. Financial
-went to school in NY
-all he wanted to do was to be rich
-had to rebuild his business (it took 5 years)
-he is a millionaire
-was a millionaire at the age of 27 but wasn't smart with his money and went broke
-Asset: money into your pocket
-Liability: money out of your pocket
-cashflow, capital gains
-need more financial education in school
save your money and invest

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