Want To Be Rich But Where To Start?

Surely everyone has been this way at a certain time?  So what’s the answer? Although there may be no “definitive” answer to this question – there are definitely better and worse places to begin your search for financial freedom too.

Robert Kiyosaki (author of Rich Dad, Poor Dad) talks about the three vehicles that use the rich to create wealth. They are as follows

Stock Market

The stock market allows you to acquire a company and in turn, a stock will receive the profits of the enterprise or the losses.  Professional investors generally create the purse on the cash flow.

Real Estate

Buying real estate can be less intimidating for novice investors to buy as a “thing”. The ability to use your money is to invest one of the best features of the property.  Professional Real Estate Investors generally used for long term capital gain

Business

Business is what you can from the estate of his own company to be employed by someone else.  If you think about it, with a job is like running a business, rather than to sell a product you sell your time. Wealthy people use their business to finance their stock & Real Estate Investments.

I would add a fourth category

Mindset / Education

Even if you do not physically make money from this category, there is no way that you any amount of wealth, without a strong mentality and the knowledge base can be created.

So, where do you start?

The first and most important thing you need to do, ask yourself: ‘Why I want to be rich? ”

Everyone thinks they want to be rich, but many people do not exploring the time what they would actually do if the money wasn’ t an obstacle.

Remember that the wealthy is not just about money. There are many people who earn millions of dollars per year, but do not have any free time to visit her family or who are not really satisfied with their lives. To be really rich, I think you need to have wealth and the election in four main areas

1st Financial – enough money to do it all, you dream about

2nd Time – to be able to spend your time as you want

3rd Family / Love – have great relationships and a group of people that interest you

4th Achievement / Contribution – be who you are proudand what you have done

So if you’re wondering why I want to be rich, ensure that your answer includes all of these areas in some way.

The next step is to decide what your first strategy will be.  The share market, real estate or your business? Do you always start out small, do not try to bite off  more than you can digest, and definitely not get too far away.

If you try too quickly to You end up with a bad experience and it can eliminate them investment for life. Once you create a strategy that works then repeat it and start looking for a different strategy to learn.

As Robert Kiyosaki says the stock market, real estate Business and creates the best results if they are employed in line, but you go before you can run, need. One strategy at a time is definitely the best option.

The last step, and by far the hardest and most terrifying part is this whole process, reward yourself! Celebrate your successes will encourage you to continue your good work and always remember, there is much more than to be rich with a lot of money.

So what are you waiting for? Take action now, quite simply – Do Something! “A journey of a thousand miles must end with a single step” – Lao Tzu