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Do you know what is the REAL Financial Education?

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What is financial education?

It is not get a job, work hard and saving money and invest in in well-diversified portfolio.

Financial industry is about debt and taxes.

Debt and taxes

But most of the parents still tell their kids study hard, work hard, and save money to get out from debt. In fact, saving money won’t make you rich. It is because the speed of printing money is much faster than you work hard and save it. Another reason is the interest rate of saving money is keep dropping. For example, there is 0 interest rate policy in japan.

japan worker

In Asia countries having a good culture which is Asian are very conformist. They will follow what are parents told them. They fear to make mistake because school and parent told them not to do so. The school condition people to do is do not get mistake, get A on the test, show up in class and do the homework. But to be a great entrepreneur, investor and a great rich person, you have to engineer mistake into your life.

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So what happens to the average person in the financial crash, they don’t know what to do. For the middle class of the world are in a crash right now because the purchasing power of the Yen, the euro and the rupiah are all going down. People are working harder and harder to maintain the daily expenses. The Central Bank of the world is printing more money to fulfil the market needed. But the speed of people saving money is slower than Central Bank printing money.

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Most of the people are confuse assets for liabilities. To make sure which one is assets and which one is liabilities, you just need to check that particular item bring cash flow into your bank account or cash flow out from your bank account. If it brings cash flow in which is asset and if it is flow out which is liability. If you owning rent property and you get rental each month which is asset. On the other hand, if you owning a property and you are staying inside and pay instalment every month, it is liability, another name is ‘fake asset’.

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Everyone can be an investor because the tax law is for everybody if you have right financial education. McDonald is in real estate business, even they are selling fast food but actually they are also buying real estate and no paying any taxes. For another example is Jeff Bezos, who is an American technology entrepreneur, investor, and philanthropist. He is the founder, chairman, CEO, and president of Amazon.com, he also pays 0 tax for his 160billions dollar. Everybody can be like them if have the right financial education.

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What risky mean to Robert Kiyosaki is having a job, paying taxes and saving money. Robert Kiyosaki call that ‘fake money’. And those wrong education and mindset taught by ‘fake teacher’ because those ‘fake teacher’ don’t know the right financial education. The top class of the world like Wall Street, City of London, Lehman brother, Goldman or other will never teach us right financial education.

financial 2008

There are so many people lost their real estate in the crash of 2008 is because they buy real estate at the top of a market. A truly wise person is just waiting the market crashing down and they enter to the market to buy real estate those people are lost. Most of the bank willing to borrow loan to those wise persons to buy those available real estates. Everyone can do it, but most of the people burst their DSR score in the crash so they can’t borrow money from bank to buy real estate.

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We need to realize what is ‘fake money’, ‘fake teacher’ and ‘fake asset’. Start to learn the right financial knowledge, be financially literate.

If you want to become property investor like Robert kiyosaki, you may click the link below to get your opportunities now.

 Flip Your Way – Klang 中文班
Date : 9 July 2019 (Tuesday)
Time : 7pm – 10.30pm
Venue : Level 2, Aliya Hotel Klang
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 Flip Your Way – KL 中文班
Date : 11 July 2019 (星期四)
Time : 7pm – 10.30pm
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 Flip Your Way – Seremban English
Date : 13 July 2019 (Saturday)
Time : 1pm – 4.30pm
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 Flip Your Way – JB English
Date : 20 July 2019 (Saturday)
Time : 1pm – 4.30pm
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 Flip Your Way – JB 中文班
Date : 20 July 2019 (Saturday)
Time : 7pm – 10.30pm
Venue : New York Hotel
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