I don’t know one person in my sphere of influence that couldn’t use a little extra monetary help. Everyone I know would like to have more money and not have to work so hard everyday to get it. Yet so few people get any income from sources other than their jobs. It doesn’t have to be this way but they do not realize it.
It is important for me to say that I do not think everyone has to have the same goals as me. Not everyone wants to be an entrepreneur or full time investor. Not everyone wants to or is willing to devote their lives to getting out of the rat race. Some people just want a little more than they’ve got now. There is help out there for all types.
So what can these people do? They say they’ve got no extra money to spend, no time to read or the don’t like reading, they just aren’t smart enough to get the principles of money or it’s all too complicated.
Let’s start with the simple – books. Money should not be an issue when it comes to books. There are cheap books from used book stores and online and then there’s the free library. Reading them should not be an issue either. I know that some books are boring and painful to get through. But if a book is enjoyable and easy to read then it should take no effort. If you really don’t like reading then try an audio book and listen to it in your car on the way to work. I would recommend “Rich Dad, Poor Dad” and “The Cashflow Quadrant” books by Robert Kiyosaki as a good place to start. They are easy to read and enjoyable books. But there are others. It doesn’t matter, just read something and start changing your perspective on your own money situation.
Games are supposed to be fun so why wouldn’t you play them? Some games actually help to teach you financial skills. Robert Kiyosaki created a game called “Cashflow 101? and it really does teach you to learn how to create and manage your own financial statement and, more importantly, the secret to financial freedom – PASSIVE INCOME. The game is actually pretty expensive, probably because it is not mass-produced, but that doesn’t have to stop you. There are Cashflow clubs all over the country that meet and play regularly. And if you can’t go that far, you can even play now for free at http://www.richdad.com so there should be no excuses.
Networking with like minded individuals is very important and it doesn’t have to be painful. Golfing, for example, is a great way to meet succesful people. I know many people who love to golf and do so regularly but do not take advantage of the opportunities that might be right in front of their faces. If this is you then the next time you’re out on the course and find yourself in a foursome with people you’ve never met, instead of talking about the Cowboys game last night, try to start up a conversation regarding money, investing or business and see who bites. You never know what you’ll find. Better yet, try to put yourself into new foursomes instead of always playing with the same group of people. You may stumble upon a great investment opportunity that you would never have known about otherwise.
How about your kids’ soccer and Little League games? You ever strike up a conversation with strangers there? Try throwing in questions about what they do for a living. Give them hints that you’re interested in learning to make more money and, again, see who bites. If they don’t bite then don’t push the subject but if they do it might lead you down a road you’ve never been. Everywhere you go you have opportunities to meet people. I’m not saying you need to become a social butterfly just that when you do get into conversations with people at parties, on airplanes or wherever you are, try to casually bring up the topic of money and see what happens.
You can go to REIAs (Real Estate Investment Associations) to meet people interested in Real Estate. You can go to financial seminars. Many of them are very inexpensive or even free because they intend to sell you on expensive things while you’re there. Don’t let that stop you. You do not have to sign up for anything if you show up, in spite of the hard sales tactics, but you may meet people there like you and you never know what that will lead to.
Get in the game
Just about everyone has some money they could use to invest in something. You never know what you’ll learn or what you’ll like until you try it. Sounds like your parents trying to get you to eat broccoli right? But it is true with investing too. Take a bite and see if you like it. You don’t have to eat the whole thing if you don’t want to, just try it. Find something you can invest in like a stock, precious metals, Real Estate, start up a small business that you can do on the side like an MLM (Multi-Level Marketing – look it up), contact me or someone like me, it doesn’t matter what you do, just do something. DO NOT think that putting aside a few dollars from your 401K is doing something. That is taking the easy way out and is a sure way to make someone else rich.
These are all things that anyone could and should do. Everyone is playing the game of money whether they want to or not. It can be fun, exciting and rewarding, but perhaps the way someone is playing it right now it is not fun but rather a struggle. Everyone should devote some time to learning to play it better so they are not always the ones at the bottom always making the ones above them richer.