Millionaire Acts

When we were little kids, we used to have piggy banks. Our parents used to tell us that we should save money. As kids, we are already taught by our parents the value of money. Every time we have some coins, we usually drop it to our piggy banks until it’s full. I remember when I was a kid, my mom opened a Kiddie Savings Account in a bank when my piggy bank was already full. There’s only one piggy bank that we are accustomed to – the one where we allot our savings. However,

Read the rest of this entry >>

Investing is all about taking risks to grow our heard earned money. We’ve been hearing a lot about diversification when it comes to investments as we usually hear ‘don’t put all your eggs in one basket’. “Diversify! Diversify! Diversify!” That’s what most people tell. However, according to Robert Kiyosaki, that investment rule is for average investors only and may not be applicable for other types of investors. So if diversification is not the rule

Read the rest of this entry >>

What are assets? In your accounting 101, you learned that aside from cash itself, assets are anything that has value which can be converted to cash. However, according to Robert Kiyosaki, as many of you have known, ASSETS are anything that puts money into your pocket while LIABILITIES drains money out of it. He then continued to say that if you stopped working, ASSETS will feed you while LIABILTIES will eat you. Is Your House an Asset or Liability? Now, going back to the definitions of

Read the rest of this entry >>

I am sure most of you is not new to the the term “Rat Race” coined by Robert Kiyosaki. We’ve been hearing it almost all the time as most of us are trapped in it. We’ve been working hard with our jobs. Some of us are even working two to three jobs at a time just to sustain our needs. Each time money comes in, it usually goes out instantly to pay bills and other expenses. In this scenario, we are doomed to work hard for the rest of our lives. The end result is

Read the rest of this entry >>

All of us have money problems whether you belong to the rich, middle class and rich people. However, there’s a big difference among the money problems faced by these people. Poor people usually thinks that they are victims of money problem. They usually blame the government for lack of opportunities, their parents for not providing them good life, and sometimes even God for having that kind of life. Their excuses are bigger than their dreams and goals in life. Poor people usually

Read the rest of this entry >>