Tuesday, October 21, 2003

I am full of hot AIR!
Air
Your element is Air. You are and artistic person
with a unique sense of style. You are
intelligent, constantly active and most likely
like to sing. Constantly moving the air is a
force of nature. One moment you can be a breeze
the next a tornado.


What's your element
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Tips from Rich Dad, Poor Dad
Here are some of the tips that I got from the book Rich Dad, Poor Dad. It will really help in becoming rich.

1. Let your money work for you. Find something that you do not need to work for and invest.
2. An asset is something that gives you money and a liability is something that you pay with money. Always increase your assets.
3. Work to learn and not learn to work for money.
4. Do not be afraid to invest. If it works then you shall reap the rewards and when it fails learn from the failure.
5. Great bargains are everywhere. You just need to learn how to see the big picture.
6. Reading books and attending seminars about how to manage your money can really be helpful.
7. You can never be rich while being an employee. The way to go is to start your own business.
8. Schools teach you how to work for money but never how to let money work for you.
9. Always pay yourself before paying others. That way your mind can think of ways to earn more to pay others.
10. Go against the flow. Do not panic on something that others think is bad rather think of ways on how to take this opportunity to make some cash.
11. Don't be lazy specially in thinking of ways to earn more money the smart way.
12. Hire others to do the dirty work. If you do not know how to write very well hire a writter or if you do know how to automate a process hire an engineer.
13. Only use excess money that your asset has produce for you. If you use the asset then you may end up in debt.
14. Build and enhance your network of people. You will never know who might help you in achieving success.
15. Never say I do not have enough money. Always say how can I afford it.

There are still so many things to learn from the book but these are the pointers that I remember and have great impact in my way of thinking. If you want read the book to learn more of what I am talking about. The book cost around 700 pesos and is available at National Bookstore.

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