Save Money "Rich Dad, Poor Dad" Style

I learned a lot of money from Rich Dad, Poor Dad book. Robert Kiyosaki is a great businessman and knows how to teach to make money and save money. This art will teach you how to save money "Rich Dad, Poor Dad" style.

The main premise of Kiyosaki Rich Dad, Poor Dad book is that you must stop thinking like an employee and start thinking like an owner. One of the first steps in this process is to make money work for you.

To often people keep their savings in a traditional savings account. However, they could earn more interest on that money to invest in a high-interest savings account, high yield cd, high interest money market accounts, or stocks or bonds. Each of these options usually pay better than the traditional brick and mortar bank savings account.

While Kiyosaki spends most of his book, talking about how to increase your earnings, also explains how passive income capitalization and interest rates can really help you save money. With the development of passive income streams you can let the stress of today to pay big time when they are not actively working for the future.

The development of passive income streams is the real way to begin building a business. Unlike a 9 to 5 job, a stream of passive income can make money even while not working.

Once you earn money instead, you also have to be reinvesting that money in other streams of income. This could be considered a high interest savings accounts or high interest money market.

This money could be invested in growth stocks, stocks that pay dividends or bonds. This type of investment often give you a greater return on investment of a high interest rate savings account. However, you lose the security of FDIC insurance when you invest in stocks and bonds.

So, in order to save money "Rich Dad, Poor Dad" style, you must be concentrating on earn money, develop passive income streams and grow your savings by investing in high-yield investment vehicles. This is the key to saving money system Robet Kiyosaki. Everyone should be focused on these concepts throughout their lives. You must begin to think like an owner, not an employee ....