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Showing posts with the label Robert T.kiyosaki

How to generate money from Debt.Good debt and Bad debt which are you in.

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When we borrowed money , we say that we are in debt simply. And we only thought that Debt is only bad and it cannot be good. But debt  can be good. I am not talking about giving money and you get a good debt. If you want you can say but there is good debt and bad debt but it is up to you how debt money work for you because you-you is the owner of your money and decided where you will put it.  "You can never have true freedom without financial freedom."-Rich dad  Many people are in debt of houses, cars, education, and many others. And the simple way that people are in debt is is by the credit card and education loan. They use their credit card randomly that they can pay in the last month but the amount became large that they can't pay and about an education loan they think that they will graduate with good marks and a high paying job and pay it. But in reality, they never graduate or if they graduate but life does not go according to their plan. If you want to ...

Book Summary of Rich Dad Cashflow Quadrant

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My Rich dad used to say."you can never have true freedom without financial freedom." "Freedom is free ,but it has a price"  Cashflow Quadrant is written by Robert T. Kiyosaki who is the author of the New york times best selling book of Rich Dad Poor Dad . Cashflow Quadrant is all about to set the mindset of rich people to the reader to became rich one day.                                           Where He divided into people work into four Quadrant. That is - Employee               where you have a job -Self Employed               where you own a job - Business              where you own a system that works for you -I nvestor              where money works for you               ...