Invest In Real Estate And Make Your Money Work For You
Posted Nov 13, 2008 @ 12:29 am, Viewed by 456 Visitors, Read 465 Times.There seem to be two types of people in the world: office slaves who very nearly treat work as a religion and who are in danger of neglecting the very families for whom they work so hard to provide; and people who have adopted more of a slacker mentality, convincing themselves that money isn't important because they don't want to be slaves to the workaday world.
Robert Kiyosaki, author of the Rich Dad book series, has money and he doesn't agree. "Anyone who says money isn't important obviously has not been without it long," he says in his book "Cash Flow Quadrant."
He knows because he has been in both situations. For several weeks in 1985, he and his wife were so destitute, they were actually forced to live in their car, after which they moved into a friend's basement for nearly a year. They took only odd jobs, because wealth, not job security, was what they were after.
After 4 more years they did become rich - millionaires, in fact.
Money is definitely a crucial thing, but it's not important simply for its own sake. This is what many people fail to consider when rushing into high-paying jobs; although these careers will make you money, are they really worth the stress, and the pain being separated from your loved ones for extended periods of time. Yes, money is important, but only to the extent that it lets you live the life you really want to live.
No job will ever give you more time to spend with your friends and family. Your work, especially if it's important, high-paying work, will always force you to juggle your priorities.
Everyone sees the Catch 22, worrying that if they spend the time working to make enough money to do the things they want to do, they won't have time to do those things. That is true. Working is not the answer. Making your money work, preferably in a solid investment like real estate, is the answer.
Kiyosaki has been there. In his words, "Money is important, but I did not want to spend my life working for it." When standing at this fork in the road, the wisdom that Kiyosaki gained from his time with his "Rich Dad" served him well.
Kiyosaki wanted to be able to put food on the table for his family without being a slave to his salary, and from "Rich Dad," he had learned how this could be done: investing.
When you become an investor, you are simply getting your money from a different place. What you want to do is take the money you get from your job, and put it into the I quadrant. That means that you now have money working for you. Your money is making money and you didn't have to lift a finger for those extra dollars.
With real estate investing, you truly can have it both ways, making the money you would be making at a high-paying job (and more!) while your time remains free for... whatever you choose! Take care of your family, begin a new hobby, simply live life without stress and worry.
Alexandria P. Anderson is a licensed Minnesota Realtor that helps people to find and purchase real estate in the Twin Cities and other Twin Cities property depending her clients' needs.
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