Cashflow 101 trick

Have you played your share and the loss of more than 15,000 for greed and lack of knowledge?.

Have you ever tried to trade for another drive, remove the large capital of 12,000 from your savings, but ultimately failed?

Have you bought a house valued at 140,000 and then you find a suitable location of the house was only occupied by the spirits and creatures seem just?

Have you had difficulty sleeping at night and having palpitations in recognition of the problems as above?

Maybe you do not have. But it is a scenario that happened to me. Believe me that it was not a pleasant situation. It is one thing that you want to forget the history of your life. Even so, it makes us stronger than before, more prudent and more cautious. As the saying goes, "what can not kill you makes you Stronger." But as many as one can get back from this fall. What more if the loss suffered by millions of items. I am very fortunate to have tested God in the period that is still hard work. What about those who are not able to.

Generate passive income from employment is not a matter of resources in play and can be made casually. It requires experience and knowledge of finance is appropriate. Science can be found from the books and papers available. But the experience gained is also the same importance. My experience is from the "school of hard knocks." Knock on my head so strongly that it left a deep mental impact (to your knowledge, I am still sane ye ..). I'm sure you do not want to suffer the same fate.

The best brains in the financial sector is of the opinion if you want to succeed, you must have a mentor who has proven success. One of his famous multi millionaire with the story of "from rags to Riches" it is the Robert T. Kiyosaki. He also has its own mentor of his foster father (Rich Dad).

In facilitating the process of understanding the strategies in the areas of personal finance, Robert T. Kiyosaki created a simulation that is similar to our daily life, called Cashflow 101. In the simulation Cahsflow 101, we will be exposed to the complexities of living with a wage earner, received a "paycheck" every month and the money spent on the "doodads". Of the two articles I Cashflow 101 in the series before this, "the rat race" and "generate passive income", of course I believe you / i have understood and learned about this.

In this game, each person will receive a task to be salaried employees, whether a doctor is paid a large and a lot of shopping or a garbage sweeper who earn less. If said the man, the bigger the pot the bigger descale. You'll get your income statement and statement of the money saved each month. In your way to success (so-called fast track) you will find some exciting opportunities as an offer to buy shares, bought the company and apartment houses. You can choose to accept the offer or not based on the information provided on the card and your own abilities.

The challenge becomes more difficult as you may have to spend if getting "doodads" that erodes your savings depleted. You may also be dismissed, forced to pay one month salary and lose a turn. You also may get free child (not married to the child was bleh) that will reduce your cash flow. This is where you test the ability and luck.

What is difficult in this game is to build a passive income from the income you receive from your paycheck that just so you can exit the rat race. You counted out of the rat race for you to enter the fast track if you are successful passive income exceeds your monthly expenses even though the value of 10 cents. In the fast track is no longer your life miserable because you will receive hundreds of thousands of dollars from the banker. It happen if .... Your passive income should be calculated to win you reach the number of 50,000 per month or you managed to buy a "dream" that you want before you get rich.

The interesting thing for me in this game is, in real life, we are very happy to spend our money to buy a big car and computer technology. We felt a thrill as getting new toys, toys and goods up to date. We are confident that we should get the prize on our commitment to work. But in this game Cashflow, "doodads" is a sin. We seem to be punished for wasting our money to the "doodads". After the expiry of the game, my heart can feel exactly that, "doodads" is a waste even before it did not. Strange, it sticks in my heart ...

I could write a chapter about the Cashflow berbab-101 because I was fan of the book Rich Dad Poor Dad and all the books written by Robert T. Kiyosaki who is my personal collection. My experience playing Cashflow 101 amazing simulation. I would like to recommend you to try simulation Cashflow 101 before you take any action to increase your investment or a waste of money.

To explore your new world of work after completing his studies at college or university, this is your chance to take the right first step. The first mistake you make in your life based on lack of knowledge will hinder your success. Increase knowledge, courage to take risks and continue to fight.
SEE YOU AT THE TOP SUCCESS .. ....