Friday, 10 August 2012

ROBERT AND KIM'S STORY IN SHOOTING THE SACRED COW..

Robert and Kim’s Story

"In Shooting the Sacred Cows, Kim and I share our story about how we met, were dirt-poor, and built our wealth together as a team. We also share why we felt compelled to start The Rich Dad Company and why we feel financial education is so important.

Robert;

"Hello I’m Robert Kiyosaki, and I’m probably best-known for my book Rich Dad Poor Dad".

Kim;

"And I’m Kim Kiyosaki".

Robert;

"Kim and I met in Hawaii in 1984 when I was kind of between businesses".

Kim;

"I should say something. We met in 1984 and fell in love, and 1985 was probably the worst year of our lives. We were broke and building a business, but we were homeless for a period of time, we struggled financially, and it was a really tough time to go through".

Robert;

"So, in 1986 I asked Kim to marry me because I figured if she had put up with me with no money, she’d put up with me any time. I asked her dad and his first question was.."

Kim;

"My dad’s first question was, "Does he have a job?"

Robert;

"The answer was, of course, no! But anyway, by 1994 Kim and I were financially free, and we did it without a job, without a retirement plan, and without government support".

Kim

"Yes, and I think one of the most beautiful things about being financially free was that it was the first time we were able to ask, “What do we want to do with the rest of our lives?” Because, up until that point, we were so busy working day to day and paying the bills that we never had that luxury. And that’s when we started The Rich Dad Company".

Robert;

"In 1996, we created the CASHFLOW board game to give people the same financial education my rich dad gave me."

Robert and Kim’s Story!

Robert and Kim’s Story

In Shooting the Sacred Cows, Kim and I share our story about how we met, were dirt-poor, and built our wealth together
as a team. We also share why we felt compelled to start The Rich Dad Company and why we feel financial education is so important.

Robert
Hello I’m Robert Kiyosaki, and I’m probably best-known for my book Rich Dad Poor Dad.

Kim
And I’m Kim Kiyosaki.

Robert
Kim and I met in Hawaii in 1984 when I was kind of between businesses.

Kim
I should say something. We met in 1984 and fell in love, and 1985 was probably the worst year of our lives.
We were broke and building a business, but we were homeless for a period of time, we struggled financially, and it was a really tough time to go through.

Robert
So, in 1986 I asked Kim to marry me because I figured if she had put up with me with no money, she’d put up with me
any time. I asked her dad and his first question was...

Kim
My dad’s first question was, “Does he have a job?”

Robert
The answer was, of course, no! But anyway, by 1994 Kim and I were financially free, and we did it without a job,without a retirement plan, and without government support.

Kim
Yes, and I think one of the most beautiful things about being financially free was that it was the first time we were able to ask, “What do we want to do with the rest of our lives?” Because, up until that point, we were so busy working day to day and paying the bills that we never had that luxury.
And that’s when we started The Rich Dad Company.

Robert
And in 1996, we created the CASHFLOW board game to give people the same financial education my rich dad gave me.


Kim
Prior to meeting Robert, I had very-little-to-no financial education. And what Robert’s rich dad taught him and what we learned on our journey to becoming financially free was not what we heard from financial advisers and planners. In fact, it was almost the opposite.
We found that lots of people were asking us how we achieved financial freedom, so we created the CASHFLOW game to teach people just what we did, which was quite the opposite of what many people are taught.

Robert
Today we’re in a financial crisis. Kim and I saw this crisis coming, and that was the reason back in 1996 that we created The Rich Dad Company—to provide financial education so people can learn to take care of themselves.
I was always taught the importance of teaching people to fish instead of giving people fish. Unfortunately, what our governments do today is give people fish rather than teach them to fish. And the more you give people fish, the more poor people you create.
The Rich Dad Company was formed to teach people what my rich dad taught me, but more importantly, to teach them how to fish.

Kim
Like Robert said, there’s a huge financial crisis going on right now. If something isn’t working for you financially today, then maybe you need to look for new answers.
And we’re always looking for new answers. That’s what Shooting the Sacred Cows is about—getting financially educated, taking charge of your life, and not depending on the government or other financial experts.

Robert
Our answer to the financial crisis is to get financially educated. Instead of starting out with learning how to fish, financial education begins by shooting the sacred cows of money.
Money does not start in your hands. Money actually starts in your head.
People hold to sacred cows, age-old Industrial-Age beliefs, such as, “Go to school.” Everybody says, “Well, you have to go to school.” Unfortunately, you don’t learn anything about money in school.
In Shooting the Sacred Cows of Money, we’re going to say some things that will challenge you. You might even say, “That’s not fair!” Well, we’re not trying to be fair. There is no fairness when it comes to money. Either you’re a winner, or you’re a loser.
We say hard things because they are the truth, but also because we care about your financial future. The lies of the sacred cows of money actually hurt people. A sacred cow is something that everyone accepts as truth—and it’s taboo to say anything bad about it or to the contrary. There are many sacred cows regarding money. They are serious, and they hurt people.

Today’s world is different than it used to be. The way things always have been done financially isn’t working, and it’s time that somebody stands up and shoots a few sacred cows so that people stop suffering.
A good analogy is the people who lived in New Orleans prior to Hurricane Katrina. They knew they lived below sea level. They knew that it was only a matter of when, not if, a disaster like Katrina hit. Yet, they chose to ignore the potential consequences. And they paid the price. Today, we’ve got a lot of financial storms. You need to be prepared.
We have a solution—a very strong solution. By shooting the sacred cows of money, we hope to wake you up to start thinking differently. So, lock and load.

Schooling on the Web!

The SkooolNg programme is mapped to the national curriculum for the teaching and learning of science subjects; teachers and students can log on to the website and familiarise themselves with study notes, examination guides among other digital materials.
The website contains Mathematics and science modules, a curriculum-based content for Universal Basic Education (UBE) 7, 8 and 9. The content was developed by Intel Corporation under the joint sponsorship of Intel, SPDC and Education Trust Fund (ETF).  The skooolNigeria website maintains an interactive learning platform for both students and teachers of primary, junior and senior secondary schools. SPDC’s goal is to hand over content ownership to the Federal Ministry of Education, in the hope that it will be eventually adopted and deployed to all Nigerian schools.

About skooolNigeria.com

The website provides highly innovative, interactive and exciting learning resources for both Junior Secondary School (JSS) and Senior Secondary School (SSS) students, in the form of interactive multimedia simulations. The main features are; an award-winning Mathematics toolkit, study notes, an exam centre that includes exam guides as well as study and revision tips. Progress tests are built into each of the lessons, which can be used to engage students and test their understanding.
skooolNigeria is not just for students. There are vast resources teachers could use creatively in the classroom, to add extra value to Mathematics and science classes. Teacher-student interaction in the classroom allows for discussion and analysis. Interactive lessons and simulations can be projected onto a screen or displayed on an interactive whiteboard so the class could follow as a group. Such collaboration helps develop critical thinking skills, as students observe and predict events.

SHOOTING THE SACRED COWS OF MONEY..

There are several made believes of people about money that tends to keep them in poverty, these believes are not usually through but are accepted out of ignorance. Robert Kiyosaki, one of the world most renowned Best Selling author, entrepreneur and financial mentor said something about how you can shoot these 'sacred cows' of money and start enjoying financial freedom.

Some of the sacred cows of money include but not limited to the following;

1.Go to school: Some persons believe that it is only by going to school that one can become rich but it is not. School is there to impact specialized knowledge into you but cannot think for you, instead you have to think for yourself. Moreover most of the curriculum you have at school do not teach you how to make wealth, so the question is how do you expect to make money or become financially free just by going to school.

2. Get a job: This is another misconception a lot of people have, they believe that by just getting a job can make someone rich, but the result is usually the opposite. Getting a job can actually make you rich but it all depends on your passion or position for that job. The basic thing is that getting a job can never make you financially free.

3. Work hard: Most of us have had our brains washed with the illusion of working hard to make money. I must say it is not all about hard work but brain work that counts the most. If it were all about working hard then you can be sure of a truck pusher driving hummer jeep but that is never the case, proofing the fact that hard work does not make one rich, what make someone rich is brain, smart and intelligent work.

4. Save money: 'Saving your money in the bank for future use' is great but cannot make you rich. Sometimes people save money in the bank for years hoping that their money will continue to pile up in the bank till they become very wealthy by the amount of money they saved in the bank. This is caused as a result of lack of financial literacy because the money in the bank gets eaten up gradually by inflation and the bank makes good use of your money to become far more richer than you, which in any case is not wisdom but foolishness. Instead of saving all of your money in the bank, learn to invest some in maybe a business or something that will bring more returns that the peanuts you get from interest of saved money in the bank.

5. Your house is an asset: The word asset is anything that puts money into your pocket, if it takes money out of your pocket, then it is not an asset. In terms of housing, if the house is a rented apartment and it brings in money more than the cost of setting up the building, fixing and repairs, then that house is an asset but if not, the house becomes a liability.
6. Get out of debt: Not all debts are bad, there are good debts even as there are bad debts. A good debt is incurred as a result of money borrowed and invested in an investment that has the capacity of paying back the debt and still make more profit while a bad debt is incurred if the money borrowed as debt is invested in an investment that does not have the capacity of paying back and securing more profit within a short period of time. For example, a man that borrows $1million dollar just to buy a car and drive down town has incurred bad debt but a man that invest that same money in starting a very profitable venture have incurred good debt.

7. Live below your means: Leaving below your means can make you rich but there are other ways one can become far more richer than living below his means.

8. Invest for the long term in a well-diversified portfolio: You do not have to do a long term investment in diversified port folio to be rich, there are others ways to become rich than that.

You can find out more from the website, www.shootingthesacredcows.com.

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