Raise Your Child's Financial IQ
frugal2free - A podcast by Ryan Davis

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From Raise Your Child's Financial IQ by Robert Kiyosaki. Financial intelligence is not about how much money you make but how much money you keep and how hard that money works for you. you know your financial intelligence is increasing if as you get older your money is buying you more freedom happiness health and choices in life. Financial intelligence is freedom and time. Intelligence is the ability to make finder distinctions. Nature multiplies by dividing. The more distinctions you make the quicker you learn. Quantum learning not linear learning. Quantum learning exponential geometric not linear. Not how smart is this child but rather how is this child smart? The rich don't work for money but rather have their money work for them. Excessive rebellion a teenage years is often a form of delayed communication. s stands for solo stud Superman Superwoman stubborn and often slave to their business. A b works on creating a great system and finding great people to run the system. If you want to be rich choose the quadrant that offers you the most control over your taxes. Doodads are things that lose value immediately or turn cash to trash. by focusing on buying more and more assets the rich are able to have their assets by their luxuries. If he is not control of his numbers he is not control of his financial future. the real asset or liability is not the asset but more the person who is control of the asset. A middle class person is a person who has long term liabilities. A rich person is someone who has assets that produce income! A financial statement is a scorecard. for there to be an asset there must be a liability for there to be an income there must be expense. Until you sell a house it's value is an opinion. Always remember that your business buys your assets you don't. arguments are often clashes between one winning formula and another. boys and their mothers often have a strong bond simply because a mother often loves the child regardless of what the child does. information age is that via the alchemy of technology we can produce more and more from less and less like the computer. Avoid denigration of character. Mortgage means engagement until death. Employees work hard for money and business owners have money and people work hard for you.