PUT This In Your Pocket And You Will Never Be Out Of Money Ever Again

forget the long journey to wealth that seems never ending and tiresome today I'll introduce you to the exciting world of Rapid economic possibilities I'll reveal the mystery of how people earn quick money once you've watched this you'll be able to use these daring and proficient techniques so if you're prepared to move forward to the next stage of prosperity and wealth let's begin Robert kosaki is the author of one of the best selling most popular books on finance Rich Dad Poor Dad in more than 20 years on store shelves the book has sold more than 32

million copies in 109 countries most importantly it has changed the way millions of people think and Robert Kiyosaki has become the person they sincerely thank for discovering the true path to wealth it contains eight ingenious Rules start applying each of them today and see how your life will change dramatically in a matter of time kosaki recommends that you start by changing the way you think Robert explains that the main difference between rich and poor is mentality thinking and perception of situations a poor person always says I can afford this house while a rich person always

says how can I afford this house in a completely different way can you feel the difference this thinking allows the rich person to start thinking of ways to make money to buy the house he wants or a car or a yacht ask questions they open your mind to new possibilities while a strict statement blocks the right thoughts forget what you know about money and start learning how it actually works most of today's entrepreneurs started from scratch and didn't even make money at first but more importantly they were able to change their mindset by asking themselves

the right question become financially literate sadly we are not taught financial literacy at school moreover schools like to tell us that money is the root of all evil in reality we need to study and understand Finance very well or else we will be broke Financial education teaches how to manage money and create new sources of income to meet your needs Robert Kiyosaki says that the gap between the rich and the poor is widening only because the poor don't know how to manage money while the rich are very good at it so find the knowledge base

that will help you understand your finances start today to Achieve Financial Freedom as soon as possible focus on acquiring assets Robert Kiyosaki puts a lot of emphasis on the concepts of assets and liabilities the difference between rich and poor in this area is that the rich clearly understand what an asset is and acquire it the poor on the other hand very often mistake a liability for an asset and acquire something that actually drags them down so remember one simple truth an asset is anything that puts money into your pocket and a liability is anything that

takes money out of your pocket if you understand this rule correctly you will clearly see how the rich get richer learn how to acquire assets and how to set goals to achieve those assets for example many people think that when they buy a house they are buying an asset when in fact it is a liability the house does not bring you money it takes it away in the form of Maintenance repairs and Loans therefore clearly Define what assets are and when you finally decide to get rich start buying them create multiple sources of income if

you rely solely on your job the likelihood of realizing your dream of a trouble-free and financially free life is negligible imagine being laid off at that point without an additional source of income you will either start using your savings or go into debt this may be bad news for you but in today's world those who get rich are those who get money from different sources think about what you can do to broaden your sources of income here are some ideas look into freelancing you can always take on extra work and get paid for it start

your own blog social networking sites offer a wide range of opportunities for people of all professions and interests talk about yourself what you do or what you know invest in dividends rent out property get a part-time job or start a business most importantly expand your ability to get money from different sources Andrew Carnegie was born into a Weaver's family at 13 he got a job as a bobin keeper at a weaving Mill he worked 12 hours for $2 a week then he worked as a Communications operator for $4 a week at 18 he became head

of the telegraph Department worked for the railroad company after the North's Victory he went into Metallurgy and built his first steel plant gradually created a huge steel Empire ire in the late 1880s the Carnegie Steel company was the largest producer of iron steel rails and Coke in the world and then he sold his entire business for $400 million insane money for those days and started a charity what were his main principles to achieve wealth you are going to find out next rule one do more the horse that beats its Rivals by a head wins the

race Carnegie's example is not accidental our whole life is a competition even if we are not aware of it we are always competing with someone you don't even notice how you are competing even with yourself today you want to outdo yourself yesterday to manage to do more with a minimum of resources to become better by improving quality and so on look at who usually achieves the most success that's right those who are not afraid to work more to stay in the office longer to overwork to close tasks on your legitimate days off read the biography

of any successful person there you will probably see that the vast majority of them are workaholic spending at least 12 hours a day at work and those who don't it means that they did it before and now they can afford a break however that doesn't mean you should devote all your time to work and put on hold the rest of your life make schedules of your work and Define the goals you want to achieve so you can understand where you need to succeed and what you need to do to get there rule two determine the

exact amount of money you would like to have it's not enough to say I want to have a lot of money be specific and precise the universe is is very supportive of our desires but it's important to properly communicate your requests to it if you ask most people how much money do you want to have the answer will probably be a lot unless such a majority will remain with their dreams be clear about your dreams and plans because the meaning of a lot of money varies from person to person it is important to be clear

determine exactly what you need what you want to achieve in this life that said don't take an amount out of nowhere wanting a million is also not not a good idea if you want an apartment a car and a house in addition that's one amount and if you want to become the owner of a large business those are very different numbers your desires equal the efforts you will need to make to achieve the goals of course our desires change throughout life Carnegie also started with a salary of $15 a week and His Wish was to

make $2 in 7 days at first he didn't wish for millions and billions all at once but just set bigger and bigger goals little by little do you want to double your income determine exactly what you need that money for set a clear goal and start moving in that direction rule three he who does not do as he is told will never get to the top neither will he who does no more than what he is told Andrew Carnegie believes that on the one hand in any business you must be diligent and on the other

hand you must be creative and be able to do more than what is expected of you by your superiors that is to say drawing on the experience of others and the wisdom of others brings something of your own own into the work as well be able to use others experiences and wisdom to your own ends but don't limit yourself to that in any Endeavor we build on someone else's knowledge first so be sure to start with the first part of the rule then comes the second part which states the importance of doing more than is

required It Is by using this bundle that you will be able to achieve more if you want to become successful rich in demand you have to be a professional that is to understand all the subtleties of your work and know your duties not only only within the job description it is impossible to become a professional if you approach your business formally and work from call to call refusing to do everything that goes even a little beyond what you have been assigned to do if you want to become considerably richer you should improve your skills in

this very Direction read more literature attend seminars and lectures and communicate with those who have already achieved some success rule four the first one gets the oyster the second one always settles for the shell always be first Carnegie's life experience proves the importance of this rule at some point the businessman realized just in time that acquiring shares in a railroad construction and trucking company would be a good deal for him despite the huge risks he invested all of his own in borrowed funds as a result the initial investment of 50,000 turned into 630,000 6 months

later this example clearly shows how important it is to be the first to understand where to invest money in order to multiply it many times Carnegie was one of the first in the industry of Railway construction so it is quite natural that he received a considerable profit in addition risk plays an important role be the first to find an idea be able to accumulate funds for investment and do not be afraid to take risks these are the rules that can lead to obtaining the very oyster not a shell such a rule Works in all areas

of life and it especially applies to business and finance understanding and finding that free Niche that will bring in money is one of the main tasks that all those who have become rich or are on their way to it are engaged in Warren Buffett is no ordinary billionaire he's worth about $16 billion but he lives rather modestly he still lives in a house he bought for $31,000 in 1957 prefers regular transport to a private Business Jet and plays Bridge instead of throwing parties it is this unexpected combination of immense wealth and a simple life that

draws the world's interest in this video I want to draw your attention to the money habits which Buffett actively uses as he said in his interview I'm sure some people will let this information slip past their ears but waren states that a healthy money habit can easily become the foundation of your wealth even if your wallet is empty right now habit one smart spending at first glance this habit may seem trivial but according to statistics more than 65% of people do not know how to spend money properly Warren Buffett has said it more than once

people tend to think about where to spend the money they haven't earned yet says Buffett in this case Warren advises to evaluate future purchases not in money but in the number of hours you spend earning that money ask yourself how many hours a month do you work and how much money do you get for it calculate how much one hour of your work is worth and compare the calculation to the price of the thing you want if you make $4,000 but want to buy a brand new Tesla for at least $40,000 consider whether it's worth

it maybe before you start saving for it it's better to look for additional sources of income also it's important to note that Buffett encourages people to plan for all income and expenses no matter how much you earn and spend the problem with a million dollars is that it's a lot of money you have to keep track of it or it will just disappear and you won't even know where says Buffett habit number two only money Works to make some extra money work rather than just lying in a piggy bank you need to know how the

investment mechanism works if you just keep your savings they diminish as inflation reduces their real purchasing power to prevent this from happening the money should at least be transferred to a savings account the interest on which outpaces inflation but this is not a tool for earning money to make money you need to invest it but to do this you have to consider different options for investing and figure out how not to lose your savings you don't have to invest your money in stocks tomorrow start by beginning to understand the mechanism of investing itself States Buffett

take the time to learn the basics of investing regul regly you can start by watching the news on the topic every day instead of scrolling through Facebook or Instagram in the morning set aside 10 to 20 minutes for some useful reading analyze what happens to stocks every day future millionaires before I continue I want to ask you to support this video and give it a thumbs up after all your activity can help more people learn about this useful financial information habit number three work in unusual conditions this advice from Buffett may seem rather strange although

the billionaire himself is an avid fan of assessing Global Market situations while sitting in McDonald's rather than in his office chair I always associate money with big problems which in turn need to be solved to do that you always have to be able to look at things from a different angle says Buffett a good confirmation of his words is the story connected with Albert Einstein in 1905 Einstein published four scientific papers that Chang the foundations of modern physics and our understanding of space time and matter curiously he wrote them not in a Physics laboratory or

his office but in the Swiss patent office working in such an environment allowed him not to get hung up on laboratory methods when your working conditions are different from most people in your field you can draw unexpected conclusions combine ideas from different fields if you read what everyone else reads you will think like everyone else and if you think like everyone else you will not be able to come up with anything new or unique be curious seek out obscure sources study what no one else has has studied then your work will be truly valuable to

others think in terms of a decade not a month most people make the same mistake of trying to make the most of the present moment don't chase the quick Boog concentrate on building your strength and confidence gradually over a lifetime Warren Buffett advised successful investing requires time discipline and patience it doesn't matter how talented you are or how hard you work some things just take time you can have a baby in a month by impress ating nine women Buffett said think in terms of decades gradually accumulating the sums needed for your children's education or your

retirement don't borrow you don't need to borrow at all in this world Buffett is very adamant about this the billionaire said if you are smart and Savvy enough you will make your interest work for you instead of working for your interest John Davidson Rockefeller first shot to Fame in 1907 when he officially became the first billionaire in history but but unofficially he is credited with philanthropy Jon has even established a personal Foundation which generously donated large amounts to education and medical research Rockefeller also became the founder of the University of Chicago the richest man in

history issued a book titled how I became a billionaire where he decided to reveal the factors that influenced his wealth in fact Between the Lines John Rockefeller revealed to the world his main money secret which every future millionaire should know lack of self-interest is a sure way to to succeed John Rockefeller writes that one should choose a life's work based on the question where can I do the most good for society in the book he points out that those who have shown the highest concern for society in the world are entitled to expect the highest

achievements and success in life businesses that genuinely care about the good of the greatest number of people are bound to be profitable useless companies on the other hand can bring neither profit nor success here is what John writes in his book how I became a billionaire when he was asked what advice he would give to a young man who is just choosing his path in life if you're going to be really good at it whether you're self-employed or an employee don't go into it with the idea of making as much money as possible before you

choose your vocation ask yourself a question in what area can I do the most good for society listen to the first thought that crosses your mind with that in your mind be bold and walk your chosen path and each step will bring you closer to True success winners always have a plan John Rockefeller writes that entrepreneurs often can't say what led to their success they don't analyze information and they don't look at reports he on the other hand always had a clear plan at the top of his agenda he advises to always study in detail

everything that somehow relates to your business thoroughly build your position so that in case of failures and blunders you will always stand firmly on the ground and it is important not to make things look better than they really are having a clear path analysis and having a plan B is the secret to success even before you start a business think about whether you can achieve a Victorious result always look ahead it's amazing how many seemingly sober-minded businessmen get involved in Ventures without even understanding the conditions under which they are taking that risk the board of

the Standard Oil company has been rigorous in its reporting from day one we always had a full understanding of where we made a loss and what made a profit we never cheated ourselves John writes Savvy tongues win in business rockefeller's partners and Friends often compared him to a fox because because he was very cunning and had a silver tongue but JN himself always said that it is important not to possess qualities but to use them properly so his original business strategy was that when meeting partners he talked only about his company and didn't try to

sell his Services right away this approach had the opposite effect with Partners expressing a desire to work with him I learned very quickly that the most reasonable way to establish a business relationship was to announce the opening of a new company but not to mention that we wanted orders I simply told the wholesale Commissioners that I was a representative of Clark and Rockefeller told them about the foundation of the company and in no way showed any desire to immediately formalize a business relationship with him I then mentioned that we would be glad to provide our

services Etc at some later date however to our amazement as if by Magic we began to receive orders one after another in such numbers that we could hardly keep up with him writes Rockefeller the key ingredient in the recipe for Success if you want to build a business it is always worth a observing decency in relations with partners and you should not strive for short-term gain John Rockefeller writes that entrepreneurs often justify themselves by saying they had no other options however if you accept the rules of fair trade for yourself and stick to this principle

it will be much easier to build your business responsible thoughtful and accurate execution of one's duties doing business only by the rules of fair trade long-term success is impossible if the entrepreneur does not adhere to honest actions these alone can inspire confidence in the merchant it is this trust that is the capital which is always in value and accumulating it is worth the effort do not stray from the straight carefully trotten Paths of trust and integrity do not seek to turn to some roundabouts of temporary rapid profits remember that it is impossible to always be

a winner in everything writes Rockefeller share in the comments your main goal and by what time you want to achieve it let's exchange our thoughts with each other and motivate us to fulfill our plans this is the channel about wealth and success let's improve together [Music]