Investment Property - Earn Money Without Working For It
There seem to be two types of people in the world-office slaves who very nearly treat work as a religion and who are in danger of neglecting the very families for whom they work so hard to provide; and people who have adopted more of a slacker mentality, convincing themselves that money isn't important because they don't want to be slaves to the workaday world.
Robert Kiyosaki, author of the Rich Dad book series, has money and he doesn't agree. "Anyone who says money isn't important obviously has not been without it long," he says in his book "Cash Flow Quadrant."
He knows because he has been in both situations. For several weeks in 1985, he and his wife were so destitute, they were actually forced to live in their car, after which they moved into a friend's basement for nearly a year. They took only odd jobs, because wealth, not job security, was what they were after.
Four years later, they were millionaires.
While money is important, it isn't important in and of itself, and that is why Kiyosaki and his wife didn't rush out to look for the "good" jobs they both could have gotten. It's important because it provides for your basic needs and, if you have enough of it, it can give you time to be with your loved ones and do the things in life that truly make you happy.
One thing a job will never give you is extra time with loved ones. In fact, it will take away as much of that precious time as you allow it to.
Everyone sees the Catch 22, worrying that if they spend the time working to make enough money to do the things they want to do, they won't have time to do those things. That is true. Working is not the answer. Making your money work, preferably in a solid investment like real estate, is the answer.
Kiyosaki seen been at that crossroads himself. "Money is important, but I did not want to spend my life working for it," he says in his Rich Dad series. Luckily he had the benefit of that rich dad's knowledge of how the financial world works to see him through.
He knew that there was a way to be a responsible provider for his family without spending most of his waking life working. He knew the secret was become an investor.
When you become an investor, you are simply getting your money from a different place. What you want to do is take the money you get from your job, and put it into the I quadrant. That means that you now have money working for you. Your money is making money and you didn't have to lift a finger for those extra dollars.
That is how you can have your cake and eat it too-because the money you make no longer represents hours of your life spent away in pursuit of a living, you can take those hours and reinvest them in spending actual time with your family, in pursuing hobbies, hanging out with friends. In short, you can reinvest them in your life.
Related Tags: buying investment property, beginning real estate investing
Investment Property Specialist – Alex Anderson Connects Real Estate Investors With High-Quality Investment Properties. Get A Free Copy Of, ”The Investor’s Rental Guide” at:
www.GreatInvestmentProperty.com
Recent articles in this category:
- 5 Reasons to Buy Jasper Real Estate
Jasper is a small town in North Georgia and it is growing rapidly. Since North Georgia Foreclosures - Ellijay Real Estate
Ellijay Georgia has always been known for it's outdoor activities and seasonal festivals. Downtown E - How to Deal With Blocked Drains
A blocked drain is an occurrence that happens eventually to all households. You may have experienced - The Benefits of Hiring a Plumbing Consultant
Your dream home may not always be brand new, with fresh paint and home essentials. There are certain - The Worst Mistake You Can Make When You Apply to Rent a Home
A whole new class of people has become renters and potential renters in America during the last thre - State of Individual Real Estate Markets
Everybody is well aware of the hit that the real estate market has taken over the past three years. - Thoughts on Avoiding the Landlord Trap
I've heard several people say they would never invest in a multifamily rental property because they - An Idea to Increase the Bottom Line of Your Investment Property
Are you pretty sure that you've already maximized the income coming from your property? If you've cl - Finding the Value of a Piece of Investment Real Estate
There is a lot of confusion about how much investment property is really worth. We'll look at three - Arkansas Land For Sale - Search Engine Optimization and Your Website
If you have Arkansas land for sale and are interested in advertising it on your website I have a few
Most viewed articles in this category:
- How High Did Home Prices Really Go
The U.S. Census Bureau released data on Tuesday that revealed where the nation's hottest markets wer - New Homeowners Tips for Household Safety
With so many items on their ¡°buying a home¡± checklist, few homeowners take into considerati - Truth About VA Foreclosures
Many people now days are finding themselves out of work and not being able to make the mortgage paym - Avoid Rookie Real Estate Investing Mistakes
When Robert Kiyosaki, author of the Rich Dad book series, bought his first property he was, of cours - Finding The Perfect Roommate On Craigslist
Craigslist, Roommates, and The Concerns Craigslist is "great" when it comes to looking for housing - The Forgotten Secret To Selling Property - Simple, Quick And Cheap
Why spend big dollars trying to get people to drive a long way to see your house, when your best pro - Get Amazing Results Selling Real Estate Online
This is the age of the internet. Why not take advantage of the widespread use of the internet to ad - Dallas Real Estate Information
In the United States, Dallas is considered as the second leading state according to the area. If any - The Largest Private Equity Indian Real Estate Deal
In the largest private equity deal won by the real estate sector, Morgan Stanley Real Estate has inv - Fractional Real Estate Ownership
Fractional ownership of vacation ski condos is growing in popularity. Park City Utah a popular ski t