Financial Independence

Below are some principles that I learned while reading Rich Dad, Poor Dad that really resonated with me:

Five Obstacles to Financial Independence

  1. Fear. Don’t play it safe and cling to what you think is secure. If you don’t
    go for it and think big you won’t be able to earn big.
  2. Cynicism. Don’t listen to advice of others who are not doing what you intend
    to do. Listen to your self and those who are doing what you aim to do.
  3. Laziness. A little greed is good and fights laziness. Think about the freedom and
    money you’ll have and you will make the necessary changes. Adapt your thinking.
    Instead of saying “I can’t afford it.” Ask yourself “How can I afford it?”
    Challenge your mind to create solutions.
  4. Bad Habits. Spending habits should turn into saving and investing habits.
  5. Arrogance. Don’t think you know everything there is to know about money.
    Listen to others.

Good things to avoid in regard to finances.  Now time to put them into practice.  Ready…GO!

You must be logged in to post a comment.