Money Machine

Did you ever hear this growing up? “Just go to school! Get good grades so you can have a secure and well-paid job”! I bet 95% of you were raised to believe this is THE way to financial success. I know why I was brought up that way. And this path may be right for some people, but definitely not for everyone. In Rich Dad's Cash Flow Quadrant, Robert Kiyosaki explains that there are 4 different paths to becoming rich, but some of them are more efficient than others… Key point number 1: The cash flow quadrant The cash flow quadrant is a simple model that explains that wealth can come from 4 different sources. Which quadrant you belong to depends on where most of your income comes from. The 4 different quadrants are: E - the employee works for someone else and exchanges their time for money S - The small business owner or self-employed person, who also needs to exchange their hours for money B - Owner of a company or large business or system that does not need him to be present ...

One of the best ways to gain knowledge is through reading. In this context, some books stand out so much that they continue to convey their lessons even over many years. This is the case with the world famous bestseller Rich Dad Poor Dad . Released in 1997 by authors Robert Kiyosaki and Sharon Lechter, this book on financial management has sold more than 26 million copies worldwide. Such success has an explanation: Rich Dad Poor Dad teaches readers how to handle finances and put the psychology of money to good use, in other words, maintain a proper mindset to manage one's resources. If you haven't had the chance to read this book yet, but want to know the authors' teachings, check out this article until the end! Rich Dad Poor Dad Story Summary The book Rich Dad, Poor Dad tells the story of Robert Kiyosaki and his friend Mike. Throughout his career, Robert receives financial guidance from his own father – poor dad – and Mike's dad – rich dad. While both are extremely sm...

Earning a good salary is not enough guarantee to have a stable financial future. In fact, it will depend on how you handle the money you receive. The habit of spending everything you earn can end up leaving you in a bad light, so it becomes necessary to save and earn income from it. That's when a question comes up: How do you make money work for you? Knowing well the stage of life you are in and defining goals and objectives, it is possible to establish strategies for investment choices that will make your money pay off satisfactorily. In this way, you can achieve the long-awaited financial independence, which will provide you with a more peaceful and comfortable life. In this post, we'll give you some simple and effective tips on how to make money work for you. Read on and learn how to avoid financial headaches in the future. Have more passive income and less active income The resources you receive without having to devote much of your time are called passive income. Some e...