Question of retiring rich is almost bugging everyone today. Everyone try towards that. Some of them succeed but majority of them fails.
If you are like most people, retiring early sounds great. More time to spend with friends and family. More time to travel and see different cultures. More time to do the things that really interest you. But million dollar question is how to achieve it.
We have come across book which will help you to get on the fast track, It helps you to leverage your mind, leverage your plan, and leverage your actions. Name of Book is Retire Young Retire Rich by Robert Kiyosaki, best-selling author, successful businessman, and seasoned investor, This book gives details how he and his wife, Kim, achieved financial freedom in less than ten years ? and how you can too!
More importantly, he shows how a context shift in your mind allows you to create a plan that formulates the actions necessary for your financial freedom.
Here is Excerpt from this book:-
If you truly want to retire young and retire rich, the place to start is with your own realities.
The rich think the opposite of the poor and middle class. The poor and middle class think that having a safe secure job is smart. The rich think building a business is smart and job security is risky. Learning to build a business is like learning anything else. If you work for job security, you will work hard for most of your life. If you work to build a business, you many work harder at the start but you will work less and less
in the end and you’ll probably make ten to 100 to 1,000 times more money. So which one is smarter?
It is their mental reality that makes them poor. It is what we think is smart and what we think is risky that determines our socioeconomic standings in life. We do the same things but we operate from a different mind-set. I operate from a rich person’s mind-set and your parents operate from a middle-class mind set.
You do not have to be rich or poor to be greedy or generous. Doing more and more with less and less is one form of being generous. The easiest way to become rich is by being generous. Anytime I want to earn more money, all I have to do is ask myself how I can serve more people.
Most poor and middle class expect to receive pay raises the longer they work at a job. It is called seniority or tenure. Can you see how wanting more money for doing the same amount of work can be greedy. Or wanting to be paid overtime or wanting to be paid extra if the job the person does is outside the job description. In my world, if I want more money, I first need to do more and more for less and less money, for more and more people, then I become rich. Henry Ford became one of the riches men in the world because he provided automobiles for more and more people for less and less cost.
A big business owner will do his or her best to build a system to serve as many people as possible. A B business owner uses a system to serve as many people as possible.
If you want to get rich, don’t ask for a raise. Instead of asking for a raise, begin to ask how you can serve more people. In fact, if you are serious about becoming rich, you don’t really want a raise. If you get a raise you are working for the wrong kind of money.
There is good income and bad income…and most people do not become rich because they work for bad income…and when you ask for a raise, you ask for an increase in bad income. If you want to retire young and retire rich, you need to work hard for the right kind of income.
Another thing this book discussed about is leverage power of your mind, your mind has the power to make you rich or make you poor.
Rich people use rich words and poor people use poor words. Your brain can be your most powerful asset or it can be your most powerful liability. The difference between rich people and poor people is that poor people say “I can’t afford it” while Rich said ‘How can I afford it?”
By thinking that “I can’t afford it” you are allowing your brain to stops working on. While if you say ‘How can I afford it?” you are giving chance to your brain to work towards how you can afford it.
If you want to retire young and retire rich, you will need to use your brain in your favor, not against you.
Another difference is Rich people invest in assets; Poor people buy liabilities. In other words, rich people are constantly on the lookout for opportunities to make money and for investments to put their money to work for them so their money makes money also.
So, if you’re ready to get out of the rat race, and onto the fast track to a comfortable retirement, then Rich Dad’s Retire Young Retire Rich is for you.