The Basic Financial Education

When people ask Robert Kiyosaki about what does one need to know financially. He always replies with this question,”Find out from your banker what is important to him or her? And you know what is important financially”. That is why one of the best mistakes he had ever made was to have bad grades in high school. If he had not had those bad grades in high school, he might never realized that his banker only asks him for his financial statement and as he said, most students leave school not knowing what a financial statement is.








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Most people simply do not submit their own prepared financial statements, instead they fill out a financial statement the bank provides them, And that is why most people think that borrowing money means begging for money, rather than showing the banker why he or she should lend you money. Bankers don’t make money unless they lend you money. Always remember that a banker’s job is to lend you money, not turn you down. That is why when a banker turns you down, it is like a teacher saying to you,” You have failing grades.” It is really a good time to ask him or her you are doing correctly and what you can do to improve your financial statement… instead of getting angry at the banker. Your financial statement is your real report card once you grow up and leave school.








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What is Important on Your Financial Statement?
Different people look for different things on a financial statement. As Robert Kiyosaki
had said in his other books, a financial statement is like reading the story of a person’s life. A financial statement also shows the reader how financially smart or financially unintelligent person is with their money. The following are some of the things his rich dad taught him to look for on financial statements. The financial statement used is the financial statement from his board game Cash flow 101, which he invented to teach financial literacy, as well as the basics of investing.

For Your Financial Freedom

Lay Peng

http://www.videeoonlineseminar.com/









http://www.topspeakeronline.com/

P.S: Mr. Robert Kiyosaki has his Rich Dad as his mentor while I have him and other Top Speakers and World Class Gurus as mine.

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The author, publisher and distributors particularly disclaim any liability, loss, or risk taken by individuals who directly or indirectly act on the information contained herein. All readers must accept full responsibility for their use of this material.Copyright © 2007 topspeakeronline.com/blog

Definition of a Loser

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Simply go to your banker if you want to find out what is important for your financial report card. You need to fill out your personal financial statement and let your banker decide whether you are rejected. If they don’t reject you, simply ask for more money. It is ok they reject you, just sit down and ask them what you can do to improve your financial report card. As Robert Kiyosaki had said that in order to find out what is important in the real world, as your banker. The education you receive could be priceless and life changing. They look at people’s report cards every day.

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So the bankers know so much yet they are still working for the bank,minding someone’s else business. The answer is found in a subject he covered eartlier in his book - Newton’s Law.that states tjat.For every action, there is an equal and opposite reaction.” The answer is to be a good, honest, successful policeman, a policeman must also be a good crook. Or why every coin has two sides, a bird has two wings and we have two hands and two legs, two eyes, two ears…and so forth. The reason the bankers are not rich is because they are too conservative and dare to take risks. In order to be rich, one must start with nothing, but one must be a good banker and a good gambler. One must prepare to pay the price twice. Robert Kiyosaki’s rich dad said to him,”To be rich, you have to pay the price to be a good banker as well as a good gambler, and most people are neither.”

For Your Financial Freedom

Lay Peng

http://www.videoonlineseminar.com/

http://www.topspeakeronline.com/

P.S: Mr. Robert Kiyosaki has his Rich Dad as his mentor while I have him and other Top Speakers and World Class Gurus as mine.

**** DISCLAIMER *****

The author, publisher and distributors particularly disclaim any liability, loss, or risk taken by individuals who directly or indirectly act on the information contained herein. All readers must accept full responsibility for their use of this material.Copyright © 2007 topspeakeronline.com/blog