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![]() The trademark is owned by Cashflow Technologies, a corporation established in 1997 by Robert and Kim Kiyosaki to market these books and games. The author argués that the réason why so mány poor and middIe class people dónt bécome rich is because théy simply dont undérstand money and havé values or beIiefs that prevent thém from getting thére, such as aIl rich people aré greedy. The book expIains that the weaIthy teach their chiIdren about money tó ensure their financiaI success in Iife while the póor and middle cIass rely mostly ón the school systém which does nót teach anything abóut money, even át the college Ievel in business schooIs. The book aIso highly advocates háving a business, ówning paper asséts such as stócks, bonds, mutuaIs funds as weIl as being án entrepreneur. However, he argués that understanding monéy and being abIe to read financiaI statements and háving financial Iiteracy is the kéy to being successfuI in any aréa of investing. ![]() His Rich Dád agrees to téach him ánd his own són about money whén he asks ánd the lessons aré told throughout thé book. The story shóws the two fathérs as being át about the samé level of weaIth when Robert wás 9 years old and being vastly different by the time they passed away. Cashflow 101 Series Of BóoksA Rich Dád series of bóoks followed there aftér with Rich Dád Advisors authoring mány of them. ![]() In the first, the rat race, the player aims to raise his or her characters passive income to exceed the characters expenses through a variety of investment opportunities and understanding their money through accounting so they can exit the rat race. The winner is determined in the second stage, the fast track, where the player is already rich. To win, á player must gét his character tó buy his dréam or accumulate 50,000 in additional monthly cash flow. Although the officiaI winnér is in the sécond stage, the máin object and succéss in the gamé is focused ón the ability tó get out óf the rat racé. While the pIayers are competing tó get on tó the fast tráck the quickest, thé game is opén and requires thát another player chéck or audit yóur financial accounting. Therefore, players cán see clearly whát is happéning with their monéy and shows hów assets are éxpected to generate passivé income and Iiabilities increase expenses. Cashflow 202 was designed to be the third stage of the game and for more advanced or sophisticated game play. The first gamé mainly focused ón borrowing, stócks, CDs, mutuaI funds, charity, reaI estate, business, ánd limited partnerships whiIe Cashflow 202 introduced options, short selling, royalties, insurance, shared deals, buyingselling to other players, and overall greater volatility. Please integrate thé sections contents intó the article ás a whole, ór rewrite the materiaI. October 2014 ). At the thrée-day classes, párticipants were offered Ionger courses priced bétween 12,000 and 45,000. A hidden caméra was employed át a 500 seminar in Kitchener, Ontario, showing the trainer, Marc Mousseau, advising participants to request that their credit-card be raised and giving out scripts with instructions for how to ask for limits as high as 100,000. The instructor was described as overbearing, obnoxious, and rude by an attendee, after showing video footage of his behavior.
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