Tuesday, 18 March 2008

Financial Management For Network Marketers

Educating NW Marketers and home business owners how to generate cash and keep it.

 

How to become one of the 10% taking 90% of the wealth (90% of people are currently only taking 10% of the worlds wealth)

 

One reason that 90% of the people only have 10% of the wealth is that they don’t know how to spend the money they make.

 

To become one of the 10% that owns 90% of the wealth you need to educate yourself in the world of finance and investments.

 

The gap between the haves and have not’s is getting bigger

 

The rich people take trash and turn it into cash

The poor people take cash and turn it into trash

 

Liabilities vs Assets – do you know the difference?

 

Why do rich people go bankrupt?

The same reason the poor people remain poor and the middle class struggle financially.

They all go broke when they lose control of their expenses and don’t know the difference between good expenses and bad expenses.

They don’t know the difference between good debt and bad debt

 

Schools educate you on the world of employment and therefore don’t educate you on finance as your boss is the one paying your taxes.

In like the rich employees are taxed before they see their wages  and then they pay their bills and expenses whereas the rich pay their expenses and bills before they pay their wages and then they pay their tax (although any monies left is usually re-invested leaving very little tax to pay at all)

 

Poverty is caused by lack of education

 

The rich take less income and have more good expenses

The poor look for higher income and try to reduce their expenses.

 

 

2 comments:

Jules said...

The Foundation for Financial Literacy PO Box 5870 - Scottsdale AZ 85261-5870
www.richdad.com
Cashflow Technologies Inc Supports businesses to teach the the cashflow 101 and 202 board games as there aim is to have them being teached in schools worldwide.
We could incorporate it in with the classes.

Jules said...

Topics to cover:
Take control of your personal finances
Learn how to keep more of the money you make
Learn how to create assets from ideas not money
Learn the basic skills needed to take your business over $200k a year
Why 9 out of 10 business owners fail cause they dont know how to manage their cash flow
Train your thinking to realise that it is possible to live in a world of too much money
Improve your finacial literacy and vocabulary
Learn how to have your money work for you instead of you working hard for your money
Teach your downline how keep their hard earned cash
Planning to be comfortable, secure and rich - 3 seperate plans
Learn how to create assets, buy assets and use that cash flow to generate more assets.