Sunday, May 31, 2009

Financial / Wealth Seminars and Talks

Attended a 3 full day seminar by Robert Kiyosaki and his "Rich Dad" team. Of course, like what everyone will tell you, "He can say this now because he's rich!"

Wealth seminars about finding your financial freedom makes the speaker rich. This is where they earn from. Some found their "calling" to start teaching the world their methods, others exploit. Are the attendees truly rich or had found a light at the end of the tunnel for themselves? There are people who attend such talks every year, but never made it great.

WHY?

These people love to attend "feel-good" seminars, get motivated, and get hyped up and vow to take on the world, but at the end of one, they leave the hall, though refreshed, everything goes back to normal once they hit the sack.

Of course, the path to wealth and richness is not for everyone, only 1% truly made it. I take in everything with a pinch of salt, but importantly, I MUST learn something by the end of such seminars.

What have I learnt? How to be a multi-millionaire? No... How to own and run a business? No...

How to take charge of my financial health? YES!!

This talk has truly opened my eyes on my current situation in life, and how to manage my own financial well-being first.

Being armed with financial freedom does not mean you have to be RICH! It also means being rich spiritually, mentally and physically. Having financial freedom means your expenses are not exceeding your incoming cashflow, you do not have to live below your means, and STILL lead a comfortable life. This is being RICH in YOUR standards.

Ask the typical man off the streets, what is their networth, they won't be able to tell you. This is because most people live hand to mouth every month. Their only asset is probably the roof over their heads, but then, if you're slogging and paying off your housing loan, how can your house be called an asset? In this case, millions of people has a heavier liability weighing off their balance sheet.

The typical man off the streets are caught in a "lemming" mentality, just follow, not just the law, but many things, like rushing for the same things EVERYONE goes for. Aunty tells you, "Ah Ger, my neighbour's daughter's friend's sister's cousin says XXX stock going up, CAN BUY! Aunty bought ONE share liao! Listen to Aunty, good buy!"

Chances are the prices has already went way up, by the time the news came to the aunty already".

What about the timeshare scam... i mean scheme? Reports showed people are getting burnt, over and over, but lesson has still not been learnt.

Robert Kiyosaki taught EDUCATION gives the power to process the meaning of INFORMATION. Which is what the common people lack.

READ, DECIPHER, DIGEST INFORMATION, RESEARCH before taking the plunge.

Just something to share ...

Get inspired ... http://www.lifewithoutlimbs.org/

1 comment: