We care

The reality is that the rich are not taxed. It's the middle class, especially the educated upper-income middle class, who pays for the poor. Every time people try to punish the rich, the rich don't simply comply. They react. They have the money,power, and intent to change things. If you work for money, you give the power to your employer. If money works for you, you keep the power and control it. Knowledge is power. And with money comes great power that requires the right knowledge to keep it and make it multiply without that knowledge, the world pushes you around. "Be smart and you won't be pushed around as much." "If you know you're right, you're not afraid of fighting back." Each dollar in my asset column was a great employee, working harad to make more employees and buy the boss a new porsche. Financial IQ is made up of knowledge from four broad areas of expertise: 1.Accounting is financial literacy or the ability to read number...

The rich focus on their asset columns while everyone else focus on their income statements. Most people work for everyone but themselves. Financial struggle is often directly the results of people working all their lives for someone else. The mistake in becoming what you study is that too many people forget to mind their own business. They spend their lives minding someone else's business and making that person rich. To become financially secure, a person needs to mind their own business. Your business resolves around your asset column, not your income column. The rich focus on their asset columns, while everyone else focuses on their income statements. The primary reason the majority of the poor and middle class are fiscally conservative which means, "I can't afford to take risks" - is that they have no financial foundation. They have to cling to their jobs and play it safe. Life is sometimes tough when you do not fit the standard profile. One of the ...

It's not how much money you make. It's how much money you keep. Too many people are too focused on money and not on their greatest wealth, their education. If people are prepared to be flexible, keep an open mind and learn, they will grow richer and richer despite tough changes. If they think money will solve problems and produce money. Money without financial intelligence is money soon gone. Most people fail to realize that in life, it's not how much money you make. It's how much money you keep. Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets. Rule #1: You must know the difference between an asset and a liability, and buy assets. Why would someone buy an asset that was really a liability? The answer is found in basic education/ We focus on the word "literacy" and not "financial literacy." What defines something to be an asset of a liability are not words. An asset puts money in my p...

The poor and middle class work for money. The rich have money work for them. "You're only poor if you give up. The most important thing is that you did something. Most people only talk and dream of getting rich." The world is moving faster and faster. Stock market trades are made in milliseconds. Deals come and go on the internet in a matter of minutes. More an more people are competing for good deals. So the faster you can make a decision the more likely you'll be able to seize opportunities before someone else does. Life is the best teacher of all. Most of the time, life does not talk to you. It just sort of pushes you around. Each push is life saying, 'Wake up. There's something I want you to lear.' If you learn life's lessons, you will do well. If not, life will just continue to push you around. We learn best through action - Doing the real thing or a simulation. Sometimes it's called experiential learning. Reading and lecture are the...

One of the reasons the rich get richer, the poor get poorer, and the middle class struggles in debt is that the subject of money is taught at home, not in school. If you have a habit of saying, "I can't afford it," Well you really can't. Instead of saying "I can't afford it," ask "How can I afford it." By asking the question "How can I afford it?" your brain is put to work. It doesn't mean that you should buy everything you want. It is about excercising your mind, the most powerful computer in the world. "Your brain gets stronger every day if you exercise it. The stronger it gets, the more money you can make." I believe that automatically saying "I can't afford it" was a sign of mental laziness. "Taxes punish those who produce and reward those who don't produce." "When it comes to money, play it safe. Don't take risks." Which is wrong because you'll live your life in...

The three most dangerous words in the english language. Those words are "I know that." So how do you know if you know something? Simple. IF you life it, you know it. Otherwise, you heard it, you read about it, or you talk about it, but you don't know it. Poor people are often. Trying to prove that they're right. "You can be right or you can be rich, but you can't be both." Being "right" means having to hold on to your old ways of thinking and being. You can be right or you can be happy. Jim Rohn uses that makes perfect sense here: "If you keep doing what you've always done, you'll keep getting what you've always got." If a plant isn't growing, it is dying. It's the same with people as well as all other living organisms: If you are not growing, you are dying. If you're not continously learning, you will be left behind. Poor people claim they can't afford to get educated due to lack of time or mo...

Millions of people "think" about getting rich, and thousands and thousands of people do affirmations, vizualizations, and meditations for getting rich. Affirmations, meditations, and visualizations are all wonderful tools, but as far as I can tell, more of them on its own isn't going to bring you real money in the real world. In the real world, you have to take real "action" to succeed. Why is actions so critical? Let's go back to our process of manifestation. Look at thoughts and feelings. Are they part of their inner world or outer world? Inner world. Now look at results. Are they part of inner or outer world? Outer world. That means action is the "bridge" between the inner world and the outer world. So if actions is so important, what prevents us from taking the actions we know we need to take? Fear! Fear, doubt, and worry are among the greatest obstacles, not only to success, but to happiness as well. Therefore, one of the biggest diff...

Working hard is important, but working hard alone will never make you rich. Rich people can spend their days playing and relaxing because they work smart. They understand and use leverage. They employ other people to work for them and their money to work for them. You do have to work hard for money. For rich people, however, this is a temporary situation. For poor people, it's permanent.. Rich people understand that "you" have to work hard until your "money" works hard enough to take your place they understand  the more your money works, the less you will have to work. To win the money game, the goal is to earn enough passive income to pay for your desired lifestyle. In short, you become financially free when your passive income exceeds your expenses. Rich people think long-term. They balance their spending on enjoyment today with investing for freedom tomorrow. Poor people think short-term. They run their lives based on immediate gratifications. To in...

Wealthy people are not any smarter than poor people; They just have different and more supportive money habits. The single biggest difference between financial success and financial failure is how well you manage your money. It's simple: To master money, you must manage money. Poor people either mismanage their money or they avoid the subject of money altogether. Many people don't like to manage their moeny because, first, they say it restricts their freedom, and second, they say they don't have enough money to manage. As for the first excuse, managing money does not restrict your freedom to the contrary, it promotes it. Managing your money allows you to eventually create financial freedom so that you never have to work again. As for those who use the "I don't have enough money to manage" rationale, they're looking through the wrong end of the scope. Rather than say "when I have plenty of money, I'll begin to manage it," the reality i...

The true measure of wealth is net worth, not working income. Net worth is the financial value of everything you own. To determine you net worth, add up the value of everything you own, including your cash and investments such as stocks, bonds, real estate, the current value of your business if you own one, the value of your residence, if you own it, and then subtract everything you owe. Net worth is the ultimate measure of wealth because, if necessary, what you own can eventually be liquidated into cash. Remember: What you focus expands. "Where attention goes, energy flows and results show." By tracking your worth, you are focusing on it, and because what you focus on expands, your net worth will expand. Declaration: "I focus on building my net worth!" Touch your head and say.. "I have a millionaire mind!"

Rich people live in a world of abundance. Poor people live in a world of limitations. Of course, both live in the same physical world, but the difference is in their perspective. Poor and most middle-classs people come from scarcity. They live by mottos such as "There's only so much to go around, there's never enough, and you can't have everything." And although you may not be able to have "everything," as in all the things in the world, I do think you can certainly have "everything you really want." Rich people understand that with a little creativity you can almost always figure out a way to have the best of both worlds. From now on, when confronted with an either/or alternative, the quintessential question to ask yourself is "How can I have both?" This question will change your life. It will take you from a model of scarcity and limitation to a universe of possibilities and abundance. People who are rich in every sense of t...

There's nothing wrong getting a steady paycheck, unless it interferes with your ability to earn what you're worth. There's the rub. It usually does. Living based in security is living based in fear. In the financial world the rewards are usually proportionate to the risk. Rich people believe in themselves. They believe in their value and their ability to deliver it. Poor people don't. That's why they need "guarantees." Poor people trade their time for money. The problem with this strategy is that your time is limited. This means that you invariably end up breaking wealth rule #1, which states, "Never have a ceiling on your income." If you choose to get paid for your time, you are pretty much killing your chances for wealth. The fear most people have of being paid based on their results is often just a fear of breaking out of their old conditioning. The vast majority of millionaires became rich by being in their own business. It's...

People are challenged by receiving for several reasons. First, many people feel unworthy aor undeserving. Where does this low self esteem come from? The usual conditioning. For most of us it comes from hearing twenty nos for every yes, ten "you're doing it wrongs"s for every "you're doing it right," and five "you're stupid"s for every "you're awesome." Even if our parents or guardians were incredibly supportive, many of us end up with feelings of not being able to continually measure up to their accolades and expectations. So once again, we're not good enough. In addition, most of us grew up with the element of punishment in our lives. This unwritten rule simply states that if you do something wrong, you will of should be punished. Some of us were punished by our parents, some by our teachers.. and some of us in certain religious circles were threatened with the mother of all punishments, not getting into heaven. Your ...

Poor people will do almost anything to avoid problems. They see a challenge and they run. The secret to success, my friend is not to try to avoid or get rid of or shrink from your problems; The secret is to grow yourself so that you are bigger than any problem. Note whether you are rich or poor, playing big or playing small, problems do not go away. If you're breathing, you will always have so called problems and obstacles in your life. The size of the problem is never the issue what matters is the size of you! If you have a bigger problem in your life, all the means is that you are being a small person! Don't be fooled by appearances. Your outer world is merely a reflection of your innerworld. If you want to make a permanent change, stop focusing on the size of your problems and start focusing on the size of you! The bigger the problems you can handle, the bigger the business you can handle; the bigger the responsibility you can handle, the more employees you can handl...

Resenting promotion is one of the greatest obstacles to success. People who have issues with selling and promotion are usually broke. Rich people are almost always excellent promoters. They can and willing to promote their products, their services, and their ideas with passion and enthusiasm. What's more, they're skilled at packaging their value in a way that's extremely attractive. Rich people are usually leaders, and all great leaders are great promoters. To be a leader, you must inherently have followers and supporters, which means that you have to be adept at selling, inspiring, and motivating people to buy into your vision. Any leader who can't or won't promote will not be a leader for long, be it in politics, business, sports, or even as a parent. Leaders earn a heck a lot more money than followers! If you believe that what you have to offer can truly assist people, it's your duty to let as many people as possible to know about it. In this way, y...

Successful people look at other successful people as a means to motivate themselves. They see other successful people as models to learn from. They say to themselves, "If they can do it, I can too." Rich people are grateful that others have succeeded before them, so that they now have a blueprint that follow that will make it easier to attain their own success. Why reinvent the wheel? There are proven methods for success that work for virtually everyone who applies them. The fastest and easiest way to create wealth is to learn exactly how rich people, who are masters of money, play the game. The goal is to simply model their inner and outer strategies. If you take the exact same actions and have the exact same mind-set, chances are good you will get the exact same results. That's what I did and that's what this entire book is about. Also remember "nothing has meaning except for the meaning we give it." I want you to practice reframing other people...