HOW TO MAKE MONEY WORK FOR ME, INSTEAD OF ME WORKING TO EARN MONEY?

The love of money is the root of all evils "ó" Lack of money is the root of all evils.

A poor person would say the first sentence, while the rich one the second.

One of the reasons why the rich get rich, the poor impoverish and the middle class struggle against debt is because the money issue is taught at home, not at school.

Most of us learn from our parents about money.
Schools focus on professional and academic skills, but not financial ones.

There are parents who say:
"The reason I'm not rich is because I have children"
"As far as money is concerned, play it safe, do not take risks"
"The house is the biggest investment and the most important asset"

But there are those who say:
"The reason why I must be rich is because I have my children"
"Learn to manage the risks"
"The house is a liability"

This is the book by Robert Kiyosaki author of the book Rich Father, poor father which I recommend with closed eyes.

I wanted to share a bit of the content of this book because it seems very complete to those people who want to evolve financially.

In this book Robert offers 10 steps to develop financial intelligence, I textually copy a short summary:

1. I need a bigger reason than reality: the power of the spirit. A reason or purpose is a combination of want and not want. First I do not want them, whenever they come from them I love them. I do not want to work all my life. I do not like being an employee.
   I love. I want to be free to travel the world and live the kind of life I love. I want to be young when I do that. I want to control my time and my life. I want the money to work for me.

2. I choose daily: the power of choice. That is the main reason why people want to live in a free country. From the financial point of view, with every dollar that comes into our hands, we have the power to choose for our future, between being rich, poor or middle class. Our shopping habits reflect who we are. The poor will always have poor spending habits.

3. Choose your friends carefully: the power of the association.
   Ignore poor or scared people. I have friends like that, but they are like the chicks of life. When it comes to money, especially investments, the sky is always falling. They can always tell you why something is not working. The problem is that people listen to them, but people who blindly accept pessimistic information are also chicks. In conclusion, we must surround ourselves with people who contribute ideas and vision to our life.

4. Master one formula and then learn another: the power to learn quickly. When it comes to money, the masses have a basic formula that they have learned in school. That formula is to say work to earn money. But if you are tired of the same or do not earn enough, simply change the formula by which you earn money.
   Most high schools and community colleges have classes on financial planning. They are great places to start.

5. Pay yourself first: the power of self-discipline. Of all the steps this is the most difficult to master if it is not part of its very constitution. The 3 most important management skills you need to start your own business are:
   5.1 Cash flow management
   5.2 Administration of the people
   5.3 Personal time management.
   So the answer is:

6. Do not assume important debt positions for which you must pay. Keep your expenses low. Build your assets first. Then buy the big house or the nice car. Getting stuck in the rat race is not smart.

7. When you lack money let the pressure build up and do not go over your savings or investments. Use the pressure to inspire your financial genius to invent new ways to generate money and then pay your bills.

8. Pay your brokers well: the power of good advice. For example. A broker represents the eyes and ears in the market. So you should value your work well, because thanks to them you earn a lot of money.

9. Be an Indian donor: it is the power to get something for nothing. People who abhor risk put their money in the bank. However, they spend a lot of time getting their money back and in many cases they do not get anything from it for free.

10. Assets acquire luxuries: the power of focus.
    If a person can not handle the power of self-discipline, it is better not to try to become rich.

11. The need for heroes: the power of myth. It is important to admire or follow the steps and advice of millionaire people, in order to inspire us and be like them or better.

12. Teach and you will receive: the power to give.
    The poor are more greedy than the rich. If a person was rich that person provided something that others wanted. In my life, through the years whenever I have felt the need or the lack of money or help, I simply went out to find or found in my heart what I wanted, and I decided to give it first. And when I gave, it was always returned to me.

You can get where you want on your own, but it's easier to do it with the powers that exist. All you need is to be generous with what you have and the powers will be generous to you.

Postscript: if anyone is interested in knowing more in depth about one of these steps, please leave a message and I will capture the book. Is very good.
How to make money work for me, instead of me working for it.