Posts Tagged ‘goals’

I was listening to Robert Kiyosaki’s Rich Dad Poor Dad audio book earlier on and something struck me that I thought might help you lovely folk.

It was around the section where he starts talking about his definition of wealth that it hit me. For those of you who are yet to read it, he takes his definition from R. Buckminster Fuller’s definition, which basically states that your wealth is the number of days forward that you can survive without having to work. For example, if you had to stop working tomorrow, how long could you survive?

If you have enough money to cover 15 days worth of expenses, then that is the extent of your wealth.

To that end, if you have an asset (like an online business) that covers your monthly expenses and then gives you a little more, then you are truly wealthy as you don’t need to work any more to maintain your current standard of living.

Now this is not what struck me as amazing. I’ve read and listened to this book many times.

The thing that amazed me was Read the rest of this entry »