Nice video. High expenses are your chains. It's not always what income you have be it from a job or from assets, it's what you do with it that determines whether you sink or swim. As income rises, expenses tend to rise to meet the income. Have you read "The Millionaire Next Door"? I think you'll like it.
Thanks for the post. I'm actually reading the book for the second time. It reads more like a fable with great lessons. The "Cashflow Quadrant" is also a good read. Mr. Kiyosaki makes very interesting points, one of which is our education system not teaching our kids financial literacy.
Thank you for the positive comment. I am currently reading "Real Estate Riches". The book is interesting so far but I need to read "The Cashflow Quadrant" because I am a sole proprietor. In other words, I am the "S" on the cashflow quadrant. Again, thanks for the comment but wait until you see next video I post. This book is very important. You'll see.
No problem. I enjoyed conversing with others about financial literacy. We're in that age bracket where we have to structure our lives for tomorrow and not right now. Understanding finances and wealth building principles are important. If you're looking for a nice book, check out "The Five Lessons A Millionaire Taught Me".
Nice video. High expenses are your chains. It's not always what income you have be it from a job or from assets, it's what you do with it that determines whether you sink or swim. As income rises, expenses tend to rise to meet the income. Have you read "The Millionaire Next Door"? I think you'll like it.
msfullroller 3 years ago
Thanks for the post. I'm actually reading the book for the second time. It reads more like a fable with great lessons. The "Cashflow Quadrant" is also a good read. Mr. Kiyosaki makes very interesting points, one of which is our education system not teaching our kids financial literacy.
williebuyoff 3 years ago
Thank you for the positive comment. I am currently reading "Real Estate Riches". The book is interesting so far but I need to read "The Cashflow Quadrant" because I am a sole proprietor. In other words, I am the "S" on the cashflow quadrant. Again, thanks for the comment but wait until you see next video I post. This book is very important. You'll see.
DewaineADimps 3 years ago
No problem. I enjoyed conversing with others about financial literacy. We're in that age bracket where we have to structure our lives for tomorrow and not right now. Understanding finances and wealth building principles are important. If you're looking for a nice book, check out "The Five Lessons A Millionaire Taught Me".
williebuyoff 3 years ago