“The world has changed, but education has not changed with it.” - Robert Kiyosaki

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Sunday 4 April 2010

Robert Kiyosaki on ABC News

As the banks are busy printing trillions and money is going down in value, here are some tips to start thinking about money in a new way.

- Money is Knowledge
Saving money is bad when getting no return on bonds, stocks or cash in bank. Buy hold and pray strategies are insanity! Learn how money works and how to invest and use debt, rather than be a slave to it.

- Need for Speed
Younger people are becoming extremely rich on the internet whilst some older people are struggling to make a living.  You can become rich by the speed that you are able to process business data. Become web savvy and learn how to use the internet and technology to your advantage.

- Learn the Language of Money
We don't have financial education in schools. The saying 'it takes money to make money' is not completely true, it actually takes 'words to make money'. Learn the vocabulary of the market and business that you operate in so that you can understand what people are talking about and leverage it financially.

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