“An investment in knowledge pays the best interest.” – Benjamin Franklin
Investing.
The new way of saving.
This is one of the many lessons Robert Kiyosaki teaches you in his many seminars.
In my own e-guide The Millionaires Cookbook I had this to say about saving:
“That one thing you should not be doing in a bank account.
Saving in itself is not bad when there is the idea of investing said savings.
But saving to acquire wealth is just plain evil. Plain stupidity.
Money needs to flow.
When money does not flow it loses value.
Compare a glass of water to a river. Can you take energy out of a glass of water?
Yes, you can. By using different systems and complex methods of conversion which USE energy.
At best you put in an equal amount of energy to get something out of it. At average, it uses more to get less. Devaluation and non-functionality. This is what saving does to your money”
The magic word is “FLOW”.
Money needs to flow.
It needs to work for you (I.E. invested to get a return).
This is exactly what I am doing at this point.
I invested in gold.
Invested in Cryptocurrency through coinbase.
Investing in this website and newsletter
I learned about cryptocurrencies and gold by seeking the internet.
Learned about building websites, creating websites, publishing,…
By looking around in my network.
And I acted upon my findings.
And I continue learning to become better.
Many fear the work “investing” entails.
But all I can say is this, there hardly is any work involved.
It is passion.
And being consistent.
If you can do the grind in your MMROPG.
You can do the same in real life to achieve success.
There is another objection to the sage advice of investing.
A common complaint:
” I do not have the money”
Which is bullshit.
You have the money.
You merely think you do not have money.
Which is the reason why in my book Draining The Swamp I start off with the chapter “Brainstorming”.
The first step in managing your expenses is to think. You need an overview of what expenses you have.
Draining The Swamp
You are more wealthy than you think.
You just need to get a financial education.
And learn to prioritize your expenses.
Which is what Draining The Swamp is about.
It serves as a precursor to using your money wisely.
And at the very least hand you the means to get out of debt faster.
Which is why I keep it at a very low price.
For the lessons contained therein, some dare to ask hundreds of euros.
So this is my gift to you.
Be excellent.
Take care.
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