Comments on: Free eMoney Tips ebook (April 2009 Edition) http://reijb.com/emoney-tips-ebook-april-2009/ Real Estate Investment in Johor Bahru Wed, 09 May 2012 09:53:42 +0000 hourly 1 http://wordpress.org/?v=3.3 By: jasonhanjk http://reijb.com/emoney-tips-ebook-april-2009/comment-page-1/#comment-462 jasonhanjk Wed, 29 Apr 2009 05:00:29 +0000 http://reijb.com/?p=472#comment-462 5. Get a loan for everything… cars, a new bedroom set, a vacation ***BONUS: use credit cards with a 25% interest rate! Using cash to buy things (especially items that depreciate in value) is the key to breaking out of the “poor” cycle. Ever notice what part of town you typically find the rent‐a‐centers? It isn’t where the wealthy people live. As Kiyosaki said in his famous book, "Rich Dad, Poor Dad" the poor (and middle class) buy their luxuries immediately and on credit. The wealthy wait, save up and buy it with cash. The real idea is to buy assets first, then their asset buy their liabilities. That is how the rich work. 5. Get a loan for everything… cars, a new bedroom set, a vacation ***BONUS: use credit cards with a 25% interest rate!
Using cash to buy things (especially items that depreciate in value) is the key to breaking out of the “poor” cycle. Ever notice what part of town you typically find the rent‐a‐centers? It isn’t where the wealthy people live. As Kiyosaki said in his famous book, “Rich Dad, Poor Dad” the poor (and middle class) buy their luxuries immediately and on credit. The wealthy wait, save up and buy it with cash.

The real idea is to buy assets first, then their asset buy their liabilities.
That is how the rich work.

]]>