FREEDOM FROM DEBT A RICH DAD FIELD

FREEDOM FROM DEBT
A RICH DAD FIELD GUIDE
INTRODUCTION
1
Occasionally I am asked, “Will your financial education help me? I am deeply in debt.”
The answer I give is, “Probably not.” Why? There are things you’ll need to do before you are ready for my financial education. First, play CASHFLOW®, learn its lessons and second, read this book and follow the program inside.
Here’s why: There is good debt and bad debt. Bad debt is nasty. Bad debt is why the economies of the United States and many countries around the world are stagnant, depressed, and dying.
Bad debt is a sign of deeper problems, most often emotional ones. Bad debt is often just the tip of the iceberg. Bad debt is just the product of the real problem, being controlled by your fear or your greed.
Emotions are the biggest cause of financial problems. As Warren Buffett often says, “If you cannot control your emotions, you cannot control your money.”
Rather than sign up for our financial education or read a bunch of our books, I would recommend you play CASHFLOW the game with like-minded people a number of times. That experience will help you discover the true reasons that cause you to be deeply in debt.
Games often identify true behaviors and mindsets. Once you have a better understanding of your situation and its causes, you will be able to make better decisions about your financial future. You can play CASHFLOW Classic for free at www.RichDad.com or buy the tabletop game in our store.
50% off CASHFLOW® THE BOARD GAME [CODE: CASHFLOW] Expires MAY 31, 2014 • Redeemable only at the Rich Dad Store • $5 off CASHFLOW QUADRANT BOOK OR AUDIO BOOK [CODE: 954WPBL6] Expires February 15th, 2015 • Redeemable only at the Rich Dad Store •
Once you’ve learned emotional maturity from CASHFLOW, it will be time to study this program. Years ago, when I was nearly $1 million in debt, my wife Kim and I created a program we used to get out of bad debt. We needed to get out of bad debt—so that we could get into good debt. To learn more, and start your future of freedom, keep reading.
Chapter One
HOW BUYING AN EXOTIC CAR
CAN MAKE YOU WEALTHIER
3
Good Debt vs Bad Debt
There is good debt and bad debt. There are some rules of thought that dictate that all debt is bad. I obviously disagree. Again, if you have emotional maturity and can control your emotions, you can control your money. To easily make the distinction, good debt puts money in your pocket and makes you wealthy; bad debt takes money from your pocket and makes you poor. More specifically, good debt is debt on which someone else makes your payments, and bad debt is debt you pay for. An example of good debt is a loan on a rental property where your tenant pays rent and the rent covers your mortgage and expenses; this puts money in your pocket. Examples of bad debt would be a car loan or the mortgage payment for your home; these take money out of your pocket.
Rich dad said, “The rich have more debt than the poor. The difference is that they have good debt, and the poor and middle class are loaded up with bad debt.” Rich dad went on to say, “You should treat all debt, good or bad, the same way you treat a loaded gun—with a lot of respect. People who do not respect the power of debt are often financially wounded by it—sometimes killed. People who respect and harness the power of debt may become wealthy beyond their wildest dreams. Debt has the power to make you very wealthy, and it also has the power to make you very poor.”
Harnessing the Power of Debt
There are many reasons that I do not join the bandwagon that says, “Cut up your credit cards, get out of debt, and live below your means.” I don’t say those things because I don’t think that advice solves the problem for anyone who wants to become wealthy. For people who want to have a lot of money and enjoy the lifestyle that money can bring, simply cutting up your credit cards and getting out of debt does not solve that problem, nor does it necessarily make people happy. On just basic financial principles, I do agree that cutting up your credit cards is good advice for most people. But simply getting out of debt does not work for anyone who wants to become wealthy and enjoy life. If a person wants to become wealthy, a person needs to learn how to respect the power of debt, know how to get into more of the right kind of debt, and learn how to harness the power of debt. If people are not willing to learn how to respect and harness the power of debt, then cutting up their credit cards and living below their means is great advice. Either decision has a price tag attached.
Chapter One
4
A Great Used Car
A friend of mine came to the house a long time ago to show me his new car. “I got an amazing deal,” he said. “I only paid $3,500 for it, put in $500 for some parts, and it runs great. I could easily sell it for $6,000.” He then said, “Come on. Sit in it. Take it for a spin.” Not wanting to be rude, I did as he requested and took the car for a ride arou

Kết quả (Việt) 1:

FREEDOM FROM DEBT A RICH DAD FIELD GUIDEINTRODUCTION 1 Occasionally I am asked, “Will your financial education help me? I am deeply in debt.” The answer I give is, “Probably not.” Why? There are things you’ll need to do before you are ready for my financial education. First, play CASHFLOW®, learn its lessons and second, read this book and follow the program inside. Here’s why: There is good debt and bad debt. Bad debt is nasty. Bad debt is why the economies of the United States and many countries around the world are stagnant, depressed, and dying. Bad debt is a sign of deeper problems, most often emotional ones. Bad debt is often just the tip of the iceberg. Bad debt is just the product of the real problem, being controlled by your fear or your greed. Emotions are the biggest cause of financial problems. As Warren Buffett often says, “If you cannot control your emotions, you cannot control your money.” Rather than sign up for our financial education or read a bunch of our books, I would recommend you play CASHFLOW the game with like-minded people a number of times. That experience will help you discover the true reasons that cause you to be deeply in debt. Games often identify true behaviors and mindsets. Once you have a better understanding of your situation and its causes, you will be able to make better decisions about your financial future. You can play CASHFLOW Classic for free at www.RichDad.com or buy the tabletop game in our store. 50% off CASHFLOW ® THE hội đồng quản trị trò chơi [Mã: CASHFLOW] hết hạn 31 tháng 5 năm 2014 • Redeemable chỉ tại Rich Dad Store • $5 off CASHFLOW QUADRANT cuốn sách hoặc âm thanh cuốn sách [Mã: 954WPBL6] hết hạn 15 tháng 2 năm 2015 • Redeemable chỉ tại • Rich Dad cửa hàng Một khi bạn đã học được tình cảm kỳ hạn thanh toán từ CASHFLOW, nó sẽ là thời gian để nghiên cứu chương trình này. Năm trước, khi tôi đã là gần $1 triệu trong nợ nần, vợ tôi Kim và tôi tạo ra một chương trình chúng tôi sử dụng để có được ra khỏi nợ xấu. Chúng tôi cần thiết để có được ra khỏi nợ xấu-do đó chúng tôi có thể nhận được vào nợ tốt. Để tìm hiểu thêm, và bắt đầu của bạn trong tương lai của tự do, hãy đọc.Chương một LÀM THẾ NÀO MUA MỘT CHIẾC XE KỲ LẠ CÓ THỂ LÀM CHO BẠN GIÀU CÓ 3 Tốt nợ vs nợ xấu Có là tốt nợ và nợ xấu. Không có một số quy tắc của tư tưởng mà dictate tất cả nợ là xấu. Tôi rõ ràng không đồng ý. Một lần nữa, nếu bạn có sự trưởng thành về cảm xúc và có thể kiểm soát cảm xúc của bạn, bạn có thể kiểm soát tiền bạc của mình. Để dễ dàng làm cho sự khác biệt, tốt nợ đặt tiền trong túi của bạn và làm cho bạn giàu có; nợ xấu mất tiền từ túi của bạn và làm cho bạn kém. Cụ thể hơn, nợ tốt là nợ mà người khác làm cho các khoản thanh toán của bạn, và nợ xấu là nợ bạn trả tiền cho. Một ví dụ về nợ tốt là một khoản cho vay trên một tài sản cho thuê mà người thuê nhà của bạn trả tiền thuê nhà và thuê nhà nằm trên một của bạn thế chấp và các chi phí; Điều này đặt tiền trong túi của bạn. Ví dụ về nợ xấu sẽ là một khoản vay xe hoặc thanh toán thế chấp cho nhà của bạn; chúng lấy tiền ra khỏi túi của bạn. Rich dad said, “The rich have more debt than the poor. The difference is that they have good debt, and the poor and middle class are loaded up with bad debt.” Rich dad went on to say, “You should treat all debt, good or bad, the same way you treat a loaded gun—with a lot of respect. People who do not respect the power of debt are often financially wounded by it—sometimes killed. People who respect and harness the power of debt may become wealthy beyond their wildest dreams. Debt has the power to make you very wealthy, and it also has the power to make you very poor.” Harnessing the Power of Debt There are many reasons that I do not join the bandwagon that says, “Cut up your credit cards, get out of debt, and live below your means.” I don’t say those things because I don’t think that advice solves the problem for anyone who wants to become wealthy. For people who want to have a lot of money and enjoy the lifestyle that money can bring, simply cutting up your credit cards and getting out of debt does not solve that problem, nor does it necessarily make people happy. On just basic financial principles, I do agree that cutting up your credit cards is good advice for most people. But simply getting out of debt does not work for anyone who wants to become wealthy and enjoy life. If a person wants to become wealthy, a person needs to learn how to respect the power of debt, know how to get into more of the right kind of debt, and learn how to harness the power of debt. If people are not willing to learn how to respect and harness the power of debt, then cutting up their credit cards and living below their means is great advice. Either decision has a price tag attached. Chapter One 4 A Great Used Car A friend of mine came to the house a long time ago to show me his new car. “I got an amazing deal,” he said. “I only paid $3,500 for it, put in $500 for some parts, and it runs great. I could easily sell it for $6,000.” He then said, “Come on. Sit in it. Take it for a spin.” Not wanting to be rude, I did as he requested and took the car for a ride arou