I recently received an email from a young lady who have doubts about the principles of wealth had "Rich Dad, Poor Dad". She called a couple of past failed investments, and wanted to know what I thought about investing and financial freedom - or was it just a myth, or that could be obtained. I thought I'd share it here for the benefit of those who have struggled with investing, or perhaps ventures that do not quite pan out. Here's what I wrote back to her:
"Dear ________,
I would like to address your point - because I think you have a very interesting point about money. I believe that most people have a great opportunity to Rich Dad's principles into practice to create for themselves. Prosperity You said "the rich get richer" ... but remember, many who are rich do not start that way (many who have a great legacy not rich for long stay). In fact, she began very poor, with little to no money, and worked their way to freedom. HERE ARE THE DIFFERENCES between those who achieve financial freedom and those who do not:
1) They have different views about money.
The rich person who is believed differently about money than those who do not. Example: The rich BELIEVE that "money should work hard for you", while the poor and middle BELIEVE that "you have to work hard for your money." These are opposite beliefs - so, the rich continue to find ways to make it work for them money while finding the poor and middle class to keep track of ways to work harder for your money. See the difference in opinions, which ultimately brings about the behavior of the person and the results? Another example: If I believe that every person is valuable, what happens? I treat everyone I meet with respect. What about the person who believes that a particular race - African Americans or Asians or Hispanics, or Americans are inferior to their own race, or "bad" - how to treat that person? With respect, or hate, or both. See? What a person believes in his / her heart correlates with how they will behave.
2) Those who are financially free never, never give up - even after failing numerous times.
You mentioned trying a few investments that do not work. Why did not they work? I'm sure the reason comes from this one simple reason: you have not enough information to evaluate the investment. So, even if you say "The occasion was a scam," or "My friend made me do it" or "It was not the right time to invest" - all these reasons come from the fact that you are not adequately EVALUATE THE INVESTMENT . Assessment of an investment involves understanding the risks, having an emergency plan, and getting expert help to make your decision. To the best
3) Those who become rich never stop learning.
If you mess up in an investment, but that does not give up. It means that you look at the error and find out why it happened to make sure that you do not find yourself in that situation - if you do this, you become wiser. The poor and middle class try something, and if they fail, they either blame a person or circumstances AND THEY NEVER HAVE SOMETHING TO DO WITH THAT AGAIN. That's not good! Just because I mess up a real estate investment does NOT mean that real estate is a bad investment!
I hope this helps - I would like your opinion on what I have shared -
To your future.
Jim "
I'm still waiting to hear from her again - in the meantime, I hope this helps you.
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Jim Young is a published author, successful real estate investor, web developer and internet marketer. He shows how substantial income on-line to generate. Actually people using very simple, easily modeled systems An example of such a system that you can study and duplicate is at:
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