Categories

Click Here For The Wall Street Journal Online -->
content top round

12 Ways to Not Become a Millionaire

  • Author: LM
  • Filed under: Mindset
  • Date: Feb 5,2009

A life living in fear, worry, self-doubt, stubbornness and procrastination is a life lived by many people the world over. If the first thing you think of after the word 'Opportunity' is 'Not for me' than this post is for you. Please take heed of the following steps with tongue in cheek as it may not be for the faint hearted. Take care and keep building up your life monies!

If you are offended by the above picture or are homeless please talk to Steve Pavlina.
There is always hope.

Read the rest of this entry »


  • Review of Rich Dad Poor Dad

    • Author: admin
    • Filed under: Book Review
    • Date: Nov 19,2008

    Rich Dad Poor Dad by Robert Kiyosaki is aimed to motivate readers to increase their financial literacy. This first book in the successful Rich Dad series first published in 1997 and Kiyosaki hopes to impart financial wisdom through simply worded dialogues with ‘his real dad’ and ‘his rich dad’.


    Robert Kiyosaki background before writing the Rich Dad series spans from joining the Marines as a pilot, to selling Xerox machines and to starting his own Velcro wallet company. No doubt his story is famous enough now for me not to bore you with specifics.

    Kiyosaki raises important points in an easy to digest repetitive way. He does this by putting the reader in his shoes - A young kid growing up with a real father and his friend’s rich father. His poor father said and lived by the motto - study hard, get an education, get a safe secure job where the company will look after you, whereas his rich father would say - learn as much as you can, create your own assets to generate income. Read the rest of this entry »


  • It does not matter where you are in life. Young or old, if you have savings or are deep in credit debt. It is never too late to assimilate knowledge, apply the principles learnt and start acquiring self-sustaining income streams to retire.

    The three types of income are:

    Active Income - Income for which services have been performed. This includes wages, tips, salaries, commissions and income from businesses in which there is material participation.

    Portfolio Income - Income from investments, including dividends, interest, royalties and capital gains.

    Passive income - Income received on a regular basis from a rental property, limited partnership or other enterprise with little effort required to maintain it.

    Passive Income can be broken down into two types - residual income and leveraged income. Read the rest of this entry »


  • Top 10 Millionaire Secrets

    • Author: admin
    • Filed under: Mindset
    • Date: Oct 25,2008

    In order to be a millionaire you need the mindset of a millionaire.

    Millionaire says,

    1. "You worry about the Joneses. I worry about keeping up with the Trumps."

    2. "Turns out money can buy happiness."

    3. "Like my Ferrari? It's a rental."

    4. "I was a B student."

    5. "Taxes are for little people."

    6. "You don't get rich by being nice."

    7. "I have a concierge for everything."

    8. "But I didn't get rich by skimping on lattes."

    9. "I shop at Wal-Mart."

    10. "You may think I'm rich, but I don't."

    The best part about getting the millionaire mindset is that it's FREE !

    Read the full article on MSN Money.


  • My parents shared not only an improbable love, they shared an abiding faith in the possibilities of this nation. They would give me an African name, Barack, or blessed, believing that in a tolerant America your name is no barrier to success. They imagined me going to the best schools in the land, even though they weren't rich, because in a generous America you don't have to be rich to achieve your potential.
    Barack Obama
     

    Poll - Your biggest income stream?
    • Add an Answer
    View Results

    Monies TV Live Feed
    Rich Dad, Poor Dad Rich Dad, Poor Dad A #1 New York Times bestseller, Rich Dad, Poor Dad is a true story on the lessons about money that Robert Kiyosaki learned from his two "dads." One dad, a Ph.D. and superintendent of education, never had enough money at the end of the month and died broke. His other dad dropped out of school at age 13 and went on to become one of the wealthiest men in Hawaii.Rich Dad, Poor Dad will . . .? Explode the myth that you need to earn a high income to become rich? Challenge the belief that your house is an asset? Show parents why they can't rely on the school system to teach their kids about money? Define once and for all an asset and a liability? Teach you what to teach your kids about money for their future financial success.In Rich Dad, Poor Dad, Robert Kiyosaki explains how to make your money work hard for you instead of you working hard for money. Read the Lifemonies Review on Rich Dad
    The 7 Habits of Highly Effective People Personal Workbook The 7 Habits of Highly Effective People Personal Workbook Outlining seven key organizational rules for improving effectiveness and increasing productivity at work and at home, a companion volume to The 7 Habits of Highly Effective People presents a step-by-step guide that includes in-depth exercises and solutions that teach the fundamentals of fairness, integrity, honesty, and dignity. Review is coming soon!