Monday, August 8, 2022

The Right Way to Save Like the Rich Dad Poor Dad Book

The Right Way of Saving is Not necessarily Fast but Sure! 
The right way of saving money in the style of Rich Dad Poor Dad is not only concerned with having a lot of financial resources. It's just that you need to understand how to manage finances well. Some groups of workers have to spend more than 10 hours per day just to work. However, in the end, not all of the workers have adequate savings or emergency funds, right?

The Right Way to Save Like the Rich Dad Poor Dad Book
Most people do not know how to save properly to work while saving and setting aside a portion of their income. So that what happens is time is wasted just to work and income is immediately exhausted just to meet daily needs.  

In the book Rich Dad Poor Dad written by Robert Kiyosaki, you can learn how to save the right and "smart" way to keep saving, enjoy and even start a business properly. Come on, see more details below!

Rich Dad Poor Dad by Robert Kiyosaki
As written in the book Rich Dad Poor Dad, " Education is more valuable than money, in the long run ", which means education is more valuable than money in the long term. Education doesn't mean you have to get it through formal education. However, through reading someone's story, this can make you a stronger person in terms of knowledge and experience. 

What Can Rich Dad Poor Dad Learn from Savings?
The book Rich Dad Poor Dad by Robert Kiyosaki itself is actually the story of Robert Kiyosaki who had experienced living together with two different fathers. The first father is his biological father who belongs to the middle working class. 

Then, his second father who is the father of his best friend who is an entrepreneur. In this book, you can learn about the differences between the two fathers with different professional backgrounds . Come on, here's how to save the right and right! 

Saving Skills First, Work Not for Money

There is one interesting sentence from Robert in this book in response to seeing most people, " one skill away from great wealth ". Through this sentence, Robert tries to convey that sometimes people don't realize that they only need one special skill or ability to be successful in whatever they do.

However, in reality, most people are more oriented towards money only as the end goal, not to experience or new abilities that can be obtained. Even though financial success cannot be separated from basic skills such as communication, management, and discipline.

Saving on Quality Assets That is Thought

What is the most important asset in a person to be able to live his daily life? Is it money, wealth, or wealth in abundance? In the book Rich Dad Poor Dad, Robert Kiyosaki mentions that the most important and most valuable asset possessed by a human being is his mind.

With a brilliant mind, a person can indeed create whatever he wants, including abundant wealth. With a bright mind, it will be very easy for you to find creative ideas and solutions for all kinds of problems. Successful people also tend to have good financial intelligence.

Successfully Saving Through Risk

In his book, Robert Kiyosaki states that rich people are more daring in taking risks because they see it as an opportunity. The thing to remember is that opportunities don't usually come around many times in life so it would be a shame to miss them.

Robert Kiyosaki also took risks in the process of his first investment. He once invested with 18 thousand dollars in condominiums in Hawaii and managed to make a profit of 25 dollars per month. Although the benefits are not much, Robert becomes more daring in making decisions from time to time without being too afraid of the risks that may occur.

It is almost certain that every rich person has lost a large amount of money at some point in time, while the poor will never lose money because they are too afraid to take risks. Like the quote that is also in the book Rich Dad Poor Dad, " Playing not to lose money means you will never make money ".

Stay Focused

In his book, Robert Kiyosaki tries to convey that we only need to focus on two things, namely on our ultimate goal and on what we are doing. By focusing on the ultimate goal, we can always remember what we are pursuing such as financial freedom for example. 

Then by focusing on what we are doing, we will be able to minimize various disturbances that come from outside ourselves. In addition to focusing on what you're working on, you also have to start finding ways to build your wealth. There are some tips to build a home business with a capital of only 50 thousand but profitable ! 

Of course finding focus is not easy, to get focus you can start by developing your talents and abilities. So, in the end you can find things that you enjoy but also give results. 

Take Failure as Inspiration

Perhaps failure is one of the things that makes the difference between the rich and the poor. For some people, failure is sometimes seen as an end result that has no benefits and cannot be changed. In fact, failure can be just the beginning for the success of your next business.

Don't be afraid to fail and don't be ashamed to admit that you've made mistakes whether it's in business or in life. What matters is how you view the failure. Always use failure as a lesson and a stepping stone for your next steps.

Don't Work for Money, Make Money Work for You

In Rich Dad Poor Dad, Robert Kiyosaki tries to convey to his readers that if you only work for money, you are unwittingly giving money the full power to govern your life and business. what should happen is money working for you, so the full power will remain in your hands.

In formal education, it is taught how to write a job resume, how to apply for a job, to how to build a career. However, it does not teach us how to start a company, a business, or how to become a business leader for yourself.

Maximize Future, Start Saving Right! 
The right and proper way to save starts from managing finances neatly and optimally. Avoid unnecessary expenses. The characteristics you have not saved properly usually you have not separated the savings account with the daily account. 

Well, if you haven't tried to separate, then the extravagant lifestyle will certainly repeat itself. Therefore, from the start when you receive money, it is obligatory for you to set aside money to make various funding or investments in various financial instruments that can provide attractive and fast returns. 

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