There are “financial experts” who advise people to take out their credits cards and cut them up. And that may be a good plan for someone who is financially irresponsible, it’s not great advice for someone who wants to build wealth and become financially free. Cutting up your credit cards won’t make you rich; learning to leverage and manage debt will.
If a person has a solid financial education they will know that there are two kinds of debt: good debt and bad debt. A person who understands debt will know how to use good debt to make them richer faster. And when we take control and learn to manage bad debt, seeing it for what it is and understanding the toll it can take if abused, we are on the road to financial freedom.
Learn how to make your money work hard for you… instead of you working hard for money all your life. Understanding debt and how to use and leverage it is an important first step.
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"The author show what is the cost of making mistakes , education , ignorance and illustrate the different between the now and old capitalist thinking."
— Torki (4 out of 5 stars)
" Hasta el momento es muy revelador respecto a generar satisfactores con deuda buena. "
— MarÃa, 8/24/2013" Was very interesting reading. A must read!!!! Definitely gave me a better understanding of how things really work. I'm reading more of his books. "
— Kathyw, 5/21/2013" Excellent advice on getting out of debt and step by step procedures at the end. "
— Vincent, 3/23/2013" A handy manual on becoming rich through financial intelligence "
— Usiere, 3/5/2013" I love his other work but, part one was pure filler information and lots of advertising for his game. I am starting to think Robert Kyosiki has ran out of material and is just talking about nothing valuable just to sell more content. "
— Marijuanamuscle, 2/16/2013" A short book that continues the series' emphasis on learning from mistakes, cash flow and passive income, and the potential of real estate. "
— David, 1/14/2013Robert Kiyosaki is best known as the author of Rich Dad, Poor Dad—the bestselling personal finance book that has challenged and changed the way tens of millions of people around the world manage their finances . An investor, entrepreneur, and educator, his perspectives on money and investing fly in the face of conventional wisdom. In 1994 he sold his business and, through his investments, was able to retire at the age of forty-seven.
Tim Wheeler has received over 150 national and international awards for his work in radio. In addition to his voice work in both radio commercials and books, he writes, produces, and records Obstructed View, an award-winning humor column that appears both in print and on several radio stations.