Taxes are a necessary evil in our society, and for many it seems natural to grouse about having to pay a large percentage of our earnings to the government while those who have more money seem to be bearing less of the burden than they ought. It's certainly disheartening that it works this way-- as the fortunate shirk their obligations through legal loopholes, the rest have to pick up their slack. It's frustrating and unfair, and there's no question that many of the complaints against the upper class are quite legitimate.
Unfortunately, simply recognizing injustices and complaining about them isn't sufficient to change the ways of the world. The rich will inevitably have money and therefore power, and they will use this power to stack the deck in their favor, particularly when it comes to using tax breaks to keep their money. They will claim that there simply isn't enough money for everyone to get what they need, all the while cutting corners and keeping their spoils for themselves. This extends to elected officials as well-- how many poor politicians have you heard of?
Because this is the way our society works, you can either sit and feel sorry for yourself or you can take steps better your situation. The truth of the matter is that, if you know the secrets of the rich, you can get these same tax benefits that the rich enjoy.
Robert Kiyosaki, who authored the rich Dad, Poor Dad series, has this advice for those who would like to join the ranks of the wealthy: look at what the wealth are doing, and do that! What did the rich do to make their fortunes, and how do they continue amassing more and more money? The answer's simple: they invest.
Kiyosaki's book "Cash Flow Quadrant," is centered around the titular diagram, which consists of a square split into four quarters labeled 'E' (employee), 'S' (self-employed), 'I' (investing) 'B' (business). These four categories not only describe the four ways in which individuals make their money, but also provides insight into how an individual's personality factors into the way in which they think about money.
According to Robert Kiyosaki, the real money is in the business and investment quadrants of the Cash Flow Quadrant.
It's best to take an "if you can't beat 'em, join 'em," attitude towards the wealthy-- there's no way you're ever going to beat them, so the next best thing is to become one of them. Know also that the rich aren't simply lucky; if you follow the examples set by rich people, you can become one of them, and you can get the tax breaks that they are able to get.
This is how you become rich: put money into investments and let that money multiply as you sit back and watch. You can, of course, continue working as an employee while your investments make you money, but Kiyosaki believes that the more profitable path is to venture into the 'B' quadrant and formulate a business model that will help you to create wealth with minimum effort on your part. The most important thing, though, is that you do invest.
So, invest-- invest in apartments, condos, vacation homes, whatever suits your fancy. This is the true, time-tested road to wealth. - 15224
Unfortunately, simply recognizing injustices and complaining about them isn't sufficient to change the ways of the world. The rich will inevitably have money and therefore power, and they will use this power to stack the deck in their favor, particularly when it comes to using tax breaks to keep their money. They will claim that there simply isn't enough money for everyone to get what they need, all the while cutting corners and keeping their spoils for themselves. This extends to elected officials as well-- how many poor politicians have you heard of?
Because this is the way our society works, you can either sit and feel sorry for yourself or you can take steps better your situation. The truth of the matter is that, if you know the secrets of the rich, you can get these same tax benefits that the rich enjoy.
Robert Kiyosaki, who authored the rich Dad, Poor Dad series, has this advice for those who would like to join the ranks of the wealthy: look at what the wealth are doing, and do that! What did the rich do to make their fortunes, and how do they continue amassing more and more money? The answer's simple: they invest.
Kiyosaki's book "Cash Flow Quadrant," is centered around the titular diagram, which consists of a square split into four quarters labeled 'E' (employee), 'S' (self-employed), 'I' (investing) 'B' (business). These four categories not only describe the four ways in which individuals make their money, but also provides insight into how an individual's personality factors into the way in which they think about money.
According to Robert Kiyosaki, the real money is in the business and investment quadrants of the Cash Flow Quadrant.
It's best to take an "if you can't beat 'em, join 'em," attitude towards the wealthy-- there's no way you're ever going to beat them, so the next best thing is to become one of them. Know also that the rich aren't simply lucky; if you follow the examples set by rich people, you can become one of them, and you can get the tax breaks that they are able to get.
This is how you become rich: put money into investments and let that money multiply as you sit back and watch. You can, of course, continue working as an employee while your investments make you money, but Kiyosaki believes that the more profitable path is to venture into the 'B' quadrant and formulate a business model that will help you to create wealth with minimum effort on your part. The most important thing, though, is that you do invest.
So, invest-- invest in apartments, condos, vacation homes, whatever suits your fancy. This is the true, time-tested road to wealth. - 15224
About the Author:
Alexandria P. Anderson is a licensed Minnesota Realtor that uses the Minnesota MLS to help her clients to find and purchase Minnesota Homes for Sale.
