Financial Literacy 101 - Lesson 2

In order to become successful there you need to master three main management skills:
You need to manage your cash flow
You need to manage yourself and time with you family
You need to manage other people

The main reasons why financial literate people still do not develop abundance of asset because:
Fear of losing money
Doubts and cycnism
Plain laziness
Habits
Arrogance

Steps to take to develop further in life financially:
- I need a reason greater than reality
- I choose daily
- Choose friends carefully
- Master a formula and learn a new one
- Pay yourself first
- Pay your brokers well
- Be an "Indian" giver
- Assets buy luxuries
- The need for heroes
- Teach and you shall receive

These are among the points noted from the book Rich Dad Poor Dad by Rober T. Kiyosaki and if any of you out there interested to know more, get a copy of the book and you will surely know what I mean.

Have fun!