| "I firmly believe in paying my bills on timeI just pay myself first Before I pay even the government
"But what happens if you don't have enough money?" I asked"What do you do then?"
"The same," said rich dad "I still pay myself firstEven if I'm short of moneyMy asset column is far more important to me than the government "Don't they come after you?"
"Yes, if you don't pay," said rich dad "Look, I did not say not to payI just said I pay myself first, even if I'm short of money "How do you do that'"
"It's not howThe question is 'Why,'" rich dad said
"OK, why?"
"Motivation," said rich dad "Who do you think will complain louder if I don't pay them-me discount louis vuitton handbags or my creditors?"
"Your creditors will definitely scream louder than you," I said, responding to the obvious"You wouldn't say anything if you didn't pay yourself
"So you see, after paying myself, the pressure to pay my taxes and the other creditors is so great that it forces me to seek other forms of incomeThe pressure to pay becomes my motivationI've worked extra jobs, started other companies, traded in the stock market, anything just to make sure those guys don't start yelling at meThat pressure made me work harder, forced me to think, and all in all made me smarter and more active when it comes to moneyIf I had paid myself last, I would have felt chloe paddington handbag chocolate no pressure, but I'd be broke
"So it is the fear of the government or other people you owe money I to that motivates you?"
"That's right," said rich dad"You see, government bill collectors are big bulliesSo are bill collectors in generalMost people give into these bulliesThey pay them and never pay themselvesYou know the story of the 96-pound weakling who gets sand kicked in his face?"
I nodded "I see that ad for weightlifting and bodybuilding lessons in the comic books all the time
"Well, most people let the bullies kick sand in their facesI decided to use the fear of the bully to make me strongerForcing myself to think about how to make extra balenciaga new yellow bags money is like going to the gym and working out with weightsThe more I work my mental money muscles out, the stronger I getNow, I'm not afraid of those bullies
I liked what rich dad was saying "So if I pay myself first, I get financially stronger, mentally and fiscally
"And if I pay myself last, or not at all, I get weakerSo people like bosses, managers, tax collectors, bill collectors and landlords push me around all my lifeJust because I don't have good money habits "Just like the 96-pound weaklingArrogance is ego plus ignoranceI "What I know makes me moneyWhat I don't know loses me moneyEvery time I have been arrogant, I have lost moneyBecause when cartier mens watch roadster I'm arrogant, I truly believe that what I don't know is not important," rich dad would often tell me
I have found that many people use arrogance to try to hide their own ignoranceIt often happens when I am discussing financial statements with accountants or even other investors
They try to bluster their way through the discussionIt is clear to me that they don't know what they're talking aboutThey're not lying, but they are not telling the truth
There are many people in the world of money, finances and investments who have absolutely no idea what they're talking aboutMost people in the money industry are just spouting off sales pitches like used-car pasha de cartier salesm |
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