Most personal finance blogs will tell you that savings is the most important factor in becoming wealthy, which is true right, if you don’t save; you simply cannot increase your net worth, which is a lose/lose situation. However, is savings the answer to abundant wealth? Lets take a look at what saving over a lifetime […]
How to Become Wealthy
How to Define Wealth Before discussing how to become wealthy it might make sense to discuss what the definition of wealthy really is. Is it 2 million in the bank? A salary of 1 million per year? In my opinion being wealthy is having enough money to allow yourself to never have to work again […]
Robert Kiyosaki’s CashFlow Quadrant
Who is Robert Kiyosaki? (You can read his life advice book and biography here:) However, for starters lets give you a background on just one of his many great books, Rich Dad’s Cashflow Quadrant. Robert Kiyosaki’s cashflow quadrant system can be summarized in segments: 1) Employee – this is self-explanatory, but it represents anyone that works […]