How to Get Rich The Rich Dad Way

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Get Rich The Rich Dad Way

Do you want to be rich and have financial freedom? millions of people around the world would love to have financial freedom and be rich. Here's some ways you can take the steps to become rich the rich dad way.

Instructions

    • 1

      The rich don't work for money:
      The rich work to build assets that will make money work for them.

    • 2

      Know the difference between assets and liabilities:
      Assets- put money into your pocket.
      Liabilities- take money out of your pocket.

    • 3

      Mind your own business:
      Manage your own accounts, create your own business, have your own investments. Seek the advice of others, but know your business.

      Investment vehicles:
      Business
      Stocks
      Bonds
      Mutual fund
      Income producing real-estate
      Notes (Iou's)
      Royalties

    • 4

      Own your own corporation:

      Own corporation: earn-spend-tax
      Work for corporation: earn-tax-spend

    • 5

      Live below your means first, then when you get rich expand your means.

    • 6

      pay yourself first- Tax yourself on every dollar you earn. Get 3 piggy banks, One for savings, investing and tithing and put a dollar in each bank.

    • 7

      If you want to be rich print your own money. When I say print your own money, I'm not talking about counterfeiting, but ways of bringing in money. Receiving passive income from e-book, articles and affiliate programs are all examples of printing your own money.

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