Hi Steve
In your webinars, often you refer to a book or paper you have read.
Do you think you could create a forum or place where you just list these books and maybe give them a quick review of why you read it and what you got our of it.
In Webinar 3 you refered to a book by Robert someone (Kiowski??) which I guess discusses social v financial assets. At some point in the future I might like to read it but of course forget about it.
If there was a reference list - or an annotated bibliography - then all participants now and in the future can take a look and find books that can help fill a knowlege gap they have.
thanks
I like that idea. The only book I have read from this author is Rich Dad Poor Dad. My second book after Steve's and now I have a new way of thinking..:) I would lend it to you but I borrowed it from a friend.
Chloe
FF 22/2/19
Hi Cherie,
The book he was talking about is Rich Dad Poor Dad, by Robert Kiyosaki.
available in most bookstores or even the library. he has written many books, the best are the first few, the later ones are a bit of a rehash of the same stuff.
Another fabulous book which has helped in my real estate journey.
Money secrets of the Rich by John R Burley.
A fabulous little book which was a quick easy read (not real estate related) a great attitude book, even had my kids read it, called "who moved my cheese"
there are so many more, I'm sure other people have some suggestions.
To Your Prosperity
Michelle
blog: www.michellethemoneycoach.com
eBook: http://financialfreedomonyourcurrentincome.com
I highly recommend the following reading material.
Robert Kiyosaki is a must. I think his book Retire Young, Retire Rich is probably his best and the cash flow quadrant is also a must read. From these two books alone, I have restructured my entire financial set up (with further investigation), created a company so my expenses go through the company rather than out of my pocket.
I could write pages of info simply based on the movement of money through a persons life. We have all heard of Income, Expenses, Assets and Liabilities, but few really know the power these have and how best to use them.
I would also recommend going to the Rich Dad site and playing CASHFLOW online. It is easy to use and learn and you can play just you and the computer to avoid any embarassment. Once you have mastered moving from the Rat Race to the Fast Track - you will simply move to another level in your investing approach.
CASHFLOW is an investing game like no other and you will learn how it is you can generate enough passive income to retire from work and live in the Fast Lane - which in a way is why we are all here right?
Other Books I recommend
Think and Grow Rich by Napeleon Hill
Who stole my Mojo - by Guy Berwistle
Millionaire Mindset by Pat Mesiti
PS - If enough people are interested in playing CASHFLOW online, I am up to race them to the fast track and retire :)
playing cashflow together is a great idea dmacpusser! ive checked out the website before but not very familiar with the game. let me know which game to join and il be there!!
We have the game and the kids now prefer it to monopoly (most times) we find that it is a game the needs to be left set up and played over a couple of nights, especially when you first get it, not quite as straightforward as monopoly - it might be easier on line I will have to give it a look
Robyn
It is great to see a few people enjoting cashflow.
Robyn, I love it online as there are no set up hassles etc, but unless you have a computer for evrey player then it becomes difficult. The other disadvantge online is all the adjustment (income, expenses, assets and liability) are all done for you by the computer. The best learning outcome in my opinion is doing the adjustments by hand so you learn the interrelationships between income, expenses, assets and liabilities.
Once your kids can play and understand the game on the board, then they can quickly play a game themselves online.
My son and I can play a full game online in about 45 mins. This is compared to about 3-4 hours on the game board.
Dean