Why do people who understand money do not raise their columns with assets?

Most people understand the system of money, but even then they can never become rich because they can not overcome some concessions. Because of the reason they understand Cashflow, they can not execute it. These five types of extensions keep them from becoming rich.

Reason Number 1 Fear: - Robot Kiosaki is called. I have never met any rich person who has never lost money. It is like this that the player of a cricket team has not lost the ball. Every person learns from his great efforts, and mistakes are made in every endeavor. These mistakes are also made in the case of money, because in it you also have to make a great difference.

Reason Number 2 Eccentricity: - One of your proverbs has to be heard that the tittodi sleeps by keeping her feet above, because she is afraid that the sky will not fall on it. When people come to people's talk and begin to believe in their lies, it is called eccentricity. Most people leave good deals because they doubt their minds.

Reason number 3 laziness: - You have often seen that some people are so busy in their work that they do not give time to their home.If they are not busy in the job, they are busy watching TV, fishing, playing golf or shopping. But from inside, they know that they are scared to face any important thing. This is the most common form of laziness.

Reason Number 4 Habits: - Robot T kiyosaki says that most people are poor because they are poor. Because their habits were poor, they paid themselves after paying them all. Those people want to be rich but do not want to change habits.Because it is difficult to change habits. Because of which they do not want to change them, they remain poor because of this.

Reason Number 5 Tenacity: - Most people are stubborn. They insist on right to justify their words, even if they are wrong. Use of stubbornness to hide ignorance, because tenacity is a mixed form of ignorance and ego.

If you want to understand the cashflow, then you can read my two blogs which have become cashflow.
Cashflow 1

Cashflow 2

All this information has been taken from Robot Kiyosaki's book 'Rich ded Poor ded'. If you want to buy and read this book. So click on this line.

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The power of the corporation's history of tax

Rich Daddy says. That the beginning of tax in England was temporarily implemented between 1799. And in the US, it was implemented between 1861 and 1865. It was set up to raise money in the war. But in the year 1874 in England and in the year 1913, America was permanently enforced. It was applied to the principle of Robinhood. The aim of taxing was to punish the rich peoples. That's why poor and middle-class people supported it. When governments felt the need for extra money for development, then it was implemented on middle class people too. In such an environment, to show the way to the corporation to avoid the rich peoples tax. He saved tax through the corporation. Then the government applied it to poor people to get more tax. In this way, the understanding of doing taxes on those who supported tax has come.

Corporation is not a building on which corporate is written or not. Corporations are only a file. A government department or a lawyer lives here, in fact the history of the corporation is too old. These were popular in the days of water vessels. The rich used the corporation to limit the risk of the property of every seafront. The rich people used to put their money in the corporation to raise money for every seafront. Then this corporation recruited sailors to search for treasure in New World. If the ship was submerged, the sailors would have been killed, but the wealthy people suffered only because their money was immersed in what they had given for that voyage. This picture shows how the corporate structure sits outside your income statement and balance sheet.

In short

The rich people of the corporation

1 Earns 

2 spend 

3 Pays tax 

Employees working for corporation

1 Earns 

2 pays tax

3 Spend 

I have taken it from Robot T. Kyosaki's book 'Rich ded Poor Ded'. If you want to read and buy this book. Then click on this release.

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I have taken the main image of this blog from youtube

6 Lesson of make rich by Rich ded Poor ded

          


Robot T. Kyosaki learned some lessons from his wealthy daddy, from whom he became Hawaii's richest person. He has told everyone from his rich Daddy in his book 'Rich ded Poor ded'. In this blog you will learn Robot kyosaki's rich daddy everyone. If you like this blog then you can comment me. And to buy you 'Rich ded Poor ded' you can use the link below.

Lessons of Rich Daddy

Lessons 1 Rich people do not work for money: - The rich Daddy of Robot kyosaki kept him on his job without paying his money to learn this lesson. They taught that rich people do not work on Money because they do so by depriving them of other sources of income. By doing so Robot and his friend Mike opened a comic library at the age of 10.

lesson 2 why should be taught the understanding of money:- In this lesson, Robot Kiyosaki's rich daddy explains the various types of cash flows in which the cash flow of the rich person, the cash flow of the poor and middle class vacancies, and differences in assets and liability etc. . Where does the money come from and where it goes


Lesson 3 Keep work from your work: - Robot kyosaki says that most people do not work for themselves, they work for their boss, government and for the bank. If you want to be rich then you have to work for yourself too. If you do a job then you have to give your own time after the job.

Lesson 4 History of Tax: Corporate Power: Tax was imposed to punish the rich persons. But when the income of the government began to increase, then the tax began to be imposed on poor and middle class people. Only rich people got the opportunity to avoid tax, which was corporate. The rich persons make corporate which makes them feel less tax. I will soon create a blog to understand it.


Lesson 5 Rich people invent money. : - Robot kyosaki says. That rich people invent various sources of income in income without staying in the safety of their jobs. The 90's had a recession atmosphere. Everyone was selling their land and property, but the robots were buying kiosks. Because $ 75,000 worth of money was getting in $ 50000. Robot kyosaki used to resort to bankruptcy lawyers, banks etc. to buy luxury. Because they got that land in 25,000 dollars.

Lesson 6: Work for learning, not for money: - The rich Daddy of Robot Kiyosaki says that a successful person keeps information about these four things. Financial accounting, investment, marketing and law. Robot kiyosaki also did many types of work to gain all these knowledge in which he did not like his well-written daddy.

If you want to understand the cashflow, then you can read my two blogs which have become cashflow.
Cashflow 1

Cashflow 2

All this information has been taken from Robot Kiyosaki's book 'Rich ded Poor ded'. If you want to buy and read this book. So click on this line.

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Is the house a liability?

Often a question comes up. After all, the house is a liability or an asset (asset). Because Robot T. Kyosaki writes in his book "Rich ded Poor ded", "The tax adviser advises people to buy a house to get a tax exemption." Give a home purchase, when their income increases, then the tax advisor advises them to buy a larger home, and they do not believe that they do not understand that the house is a liability. " While in George S. Calson's book 'The richest man in Babylon,' they prefer to buy the house, and consider buying a house as one of the seven rules of wealth. And he says that being a house of his own to become rich is a sign. Now the question comes the same, whether the house is an Assets or Liability

I have often seen on Youtube People of 'Rich ded Poor ded' in the video then Assets explains the house. In 'The richest man in Babylon', the house is considered as property. If you have also created such videos Then you will say that you read 'Rich ded Poor ded' again, because if the house is liability then Robot Kyosaki why buy a house in 1973? Because indirectly, Robot kyosaki say the home loan is a liability not a Home. Because tax deduction is possible only after taking home loan.

It is clear that the house is an asset. Why is Home Asset on? While no income is received from home. The house is an asset so. Because they reduce the expenditure. Thereby indirect income is obtained. And some houses also get Capital Gain.

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Cash flow

If you have read the first part of this blog. So you will know what the cash flow is. And how they are different for rich, poor and middle-class people. In this blog, you will study the cash flow (income, expenses, asset and liability).

Income : - Income means those substantial benefits. Through which the person and his business's  runing of life. Income gain from many means. Which I have described in the blog called 'Types of income'. If you read the 'Types of income' blog Click here

Expenses: - A person (family, company, organization etc.) or his business is the expense of the items in which his income is used for his livelihood. 'Robot' writes in his book that the increase in the income of the poor person will also increase his expenditure

Income and Expenses Cashflow

Increase in income increases the expenditure.

Liability: - Liability is defined by such property purchased by a person. From which the expenditure of that person increases. 'Robot kyosaki' writes in his book, that the liability is the one who does the job of extract money from the pocket of a person.

Cash flow of Liability

Assets (Samapatiya): - 'Robot Kyosaki' writes in his book. Assets are those, which bring money into the person's pocket. Or reduces its expenditure.

Cash flow of assets

Examples :-1 A person purchases a car for his personal use. In such a condition, that person car is an Liability. Because that car will spur in the person's expense.

2 If that person does any such work in which he needs a car, and he uses the rental car. If his personal car expenditure is less than 'Rental Car'. So in that position, they are Car Asset. Because they reduce the expenditure.

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Cash flow

If you are a student of commerce, you will have to read about cashflow in your college, but we mean cashflow in school only with the change in cash. But my favorite Writer Robot T. Kiosaki has explained many more to Cashflow in his book. He has explained that where a person uses his income, he is called cashflow. Some commonalities are found in the cashflow of each rich, every poor or every middle class person.explain

Cashflow of Poor Persons

Poor people spend more than their income.
Similarly, in the cashflow of the middle class, they also spend more than their income. In reality, poor and middle-class people do not know how money is made from money.
                   

Cashflow of middle class persons.

The middle-class person uses their income in expenses, and after that, they are able to purchase the liability from the remaining income. Which increases their expenditure further.

Cashflow of Rich Persons

All this information has been taken from robot T. Keiosaki's book "Rich Dead Poor Dead". Click here to buy this book and read its eBook.

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