Hi! I am very excited to be writing my first ever blog and it's on my brand new website! I have been a diary writer since I was about 11 so it feels strange to be writing something that other people are actually going to read!
Anyway one of the main things I would like to share with you today is a about a seminar I went to last week about financial freedom. It was run by Rich Dad Education and if you haven't read Rich Dad Poor Dad yet and would like financial freedom in your life I highly recommend reading it.
Financial freedom is when you have enough passive income coming in to cover all your outgoings so you are literally free to do what ever you choose with your life. The book compares Robert Kiyosaki's real Dad's (he calls him Poor Dad) way of thinking to his friend's Dad (Rich Dad). Robert's "Poor" Dad brought him up to go to university and then get a job where you can work your way up, where as his Rich Dad explains that working for someone else is never going to give you total freedom.
The "poor" way of thinking he describes as swapping time for money as the employed and self employed do, the "rich" way on the other hand is setting up business systems that can be run by other people so you don't have to be there or through investment.
The main suggestion they make to achieve financial freedom is to go into property investing but not buying from the retail market, it's all about looking for opportunities and offering lower than the asking price for a quick sale. When I first read this I didn't really pay attention as I felt I didn't have any money to go into property investment anyway - but they explain you don't need to spend your own money to do this. So I am now feeling inspired and excited to be going into property investment to create a secure future for myself!
I am going to finish my first blog entry now, and just want to leave you with something to try out - ban the phrase "I can't afford it" in your life and take on "where can I find the money?". The former cuts something dead and closes the door, the later gets your mind into thinking creatively.
