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The History of taxes and the power of corporations

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...

Mind your own business

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 ...

Why teach financial literacy?

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 rich don't work for money

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...

Introduction to RDPD

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...

Wealth file #17 Rich people constantly lean and grow. Poor people think the already know

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...

Wealth file #16 Rich people act in spite of fear. Poor people let fear stop them.

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...