Millionaire Acts

In one of my previous posts, I mentioned that there are four ways in entering a business: Starting your own from scratch, buying an established business, buying a business franchise, and becoming a distributor of a business. Let us tackle first here “buying a business”. Buying a business eliminates the aspiring entrepreneur the hassles and headaches of a start up business. Before you buy an existing business, Kiyosaki recommends to weigh its pros and cons first: PROS of buying a

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Kiyosaki mentioned that there are different types of investors. When we classify these investors into ranks, then the ultimate investor would be on the top. Ultimate investors are business persons who have their own companies listed in stock exchange. According to Kiyosaki, ultimate investors create assets where there were none; they make money out of nothing. The ultimate investor spurs the economy in the community where his or her business exists through job creation. Ultimate investors

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As I have said in one of my post, one of the keys in achieving financial freedom is to earn more and desire less. Desiring less means controlling your spending. It has been said that no matter how huge your income is, if you don’t know how to control your spending and save for your future, you would end up nothing in the end. As one of my favorite quote in savings says: “Ubos ubos biyaya, bukas ay nakatunganga.” The first thing that you should do is to pay yourself first.

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In order for you to know where you want to go, you must first know where you are currently. To reach your financial goal, the first thing you must do is figure out where you are. For if you don’t know where you are, you can’t expect to get where you want to go. Knowing where you are means taking an honest inventory of your financial situation—filling out a financial statement—and taking a good hard look at the results. This may sound difficult, and maybe even a bit scary, but it’s a

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Real estate investment has been one of the most profitable among the many types of investments. A real-estate investment is a building or property other than a family home that generates income through rent or resale. The price of the investment and the earnings are driven by supply and demand. Kiyosaki termed real estate investment as an investment with “curb appeal.” Investors who want to see more than a print-out of their holding can drive by the property or building, vacation in it

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