Th e three most important management skills necessary to start your own business are management of: 1. Cash flow 2. People 3. Personal time - Robert Kiyosaki

Making a decision to own a house that is too expensive in lieu of starting an investment portfolio impacts an individual in at least the following three ways: 1.​Loss of time, during which other assets could have grown in value. 2.​Loss of additional capital, which could have been invested instead of paying high home maintenance expenses. 3.​Loss of education. Too often, people count their house and savings and retirement plans as all they have in their asset column. Because they have no money to invest, they simply don’t invest. This costs them investment experience. Most never become what the investment world calls “a sophisticated investor.” And the best investments are usually first sold to sophisticated investors, who then turn around and sell them to the people playing it safe.

Does teaching mean talking or a lecture?” rich dad asked. “Well, yes,” I replied. “That’s how they teach you in school,” he said, smiling. “But that is not how life teaches you, and I would say that life is the best teacher of all. Most of the time, life does not talk to you. It just sort of pushes you around. Each push is life saying, ‘Wake up. There’s something I want you to learn.

Will a job be the best solution to this fear over the long run? In my opinion, the answer is no.