Monday, May 24, 2010

Mind Your Own Business

When it comes to Money....Robert Kiyosaki author of Rich Dad Poor Dad, uses a very famous term " Mind Your Own Business", there are some interpretation made about this. For some MYOB was understood as having your own business instead of working for some one, or it could be just minding your own life instead of being a busy body and for others it was understood as Managing Your Money. It could be the former or the later, but for sure it means a lot about your true self and money. It's a very enlightening book on this Taboo matter. I suggest that any one who wants to expand their horizon on Money Management and Self Beliefs, get hold of the books which are available.


It pays to read and develop your skills on Money Management before we get caught in the Rat Race, and for those of you who are already in the Rat Race, it pays to read and enlighten yourself if you feel stuck due to financial commitments and and the ever impulsive desires you try to fulfill to cope with the ignorant community. You don't know what you don't know.


If you think you do you could be doing something base on your limited beliefs. Keith Cunningham the Mentor for Robert Kiyosaki said " Stupid in Small Things equals Stupid in Big Things"...Think about it.


That is the first part, the second part that Robert Kiyosaki propagates is the Asset and Liabilities, in the normal accounting terms we consider a house as an asset even if it is on mortgage. Kiyosaki however says that the mortgage is actually an asset for the bank and liability to the owner, how ignorant are we.........If anyone disagrees with this, think again, there is wisdom behind this statement and for this matter I think anyone should make an effort to read more in personal money management. The best part is we have many books, choose some good ones and educate yourself. This knowledge could change your paradigm.

All the best and happy reading.

For your enlightenment....Rao

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