The Odyssey

“A person can be highly educated, professionally successful and financially illiterate .” – Robert Kiosaki Speaking of highly educated and professionally successful people who still struggle financially, Robert Kiosaki says what is missing from their education is not how to make money, but how to spend money – what to do after you make it. He goes on to say “Money without financial intelligence is money gone soon, if you want to be rich, you need to be financially literate...financial intelligence is the mental process via which we solve our financial problems.” The good news is, you don’t need a fat pay cheque to be rich, but financial intelligence and self-discipline so that you keep your hard earned cash and grow your wealth further. In fact, 80% of American millionaires are first generation affluent. In other words, they didn’t inherit any wealth from their parents and most of them started with nothing in their bank accounts but through self-discipline and f...

“Our prosperity as a nation depends upon financial prosperity of each of us as individuals ” – George S. Clason Robert Kiosaki, in his popular book called Rich Dad, Poor Dad says “The primary cause of financial struggle is not knowing the difference between an asset and a liability. In simple terms, he defines an asset as something that puts money in your pocket while a liability takes money out of your pocket.  A TV is a liability. A book is an asset. Wealth is power and you don’t have to quit your job to be wealthy. With wealth, many things are possible. Life is great and worthwhile when you have luxuries to enjoy. However, always make it a point to buy luxury items last because they are nothing but liabilities. Buy assets first. For all individuals, George S. Clason devised the following seven cures’ strategy for a lean purse. It is a practical method that can help you conquer your financial struggles and take you from rags to riches. Let’s look at each of th...