A must read for those interested in financial success.

As I mentioned before, education is very important if you want to be successful at anything. It doesn't mean you have to go to a school or university to be educated. Many people overlook self education. You can learn to do just about anything with little to no money. Books are written on endless topics.

For those of you who are finally recognizing that you want more out of life than to go to and from work until you die and get paid very little for it, you need to change the way you think about how money is made. If you have realized that there is something different about the way rich people do things compared to the way that broke and poor people do things, but you haven't figured out what that is, I have a suggestion for you. Robert Kiyosaki's "Rich Dad Poor Dad" is the book you should read first. By the time I read this book, I had already learned many things about business and finances, but this book still turned on more light bulbs for me. He explains how rich people get richer and poor people get poorer. That one little piece of knowledge will set many of you free.

I will explain a little bit of it now. It is very simple. The key note is that rich people do and buy things that make money. Poor people buy things that cost money.

Some of you might read this and think, "Duh! I already knew that". Well, congratulations to you. It just means you are already aware of this fact and are set to put that idea in motion.

Others will read that and it may or may not make sense. Ok, for you, here is a little bit more.

Most poor people go to work and make a wage. They then go and spend that money on rent or mortgage, food to eat, things they want and need. For most poor people, they are lucky to break even before their next paycheck. Sometimes it's worse especially those who use credit cards incorrectly and put themselves in debt. Many times, people will spend more money than they make and create a hole for themselves to fall into.

On the other hand, rich people spend money on things that will return money to them. For example, they may own a business. That business has expenses such as inventory. When they sell items from that inventory, ideally, they are making a profit. That is, the customer is paying more for an item than the business owner spent on it. Business owners buy wholesale and sell at a higher price. Some people write books. They will spend some amount of money to get the book published with the idea that the sales of the copies of the book will return more money then it took to publish it.

I am probably not explaining this very well, so I definately suggest you read the book to learn about this and other things he writes about. The basic idea though is that rich people end up with more money coming in than going out. This grows as they use that money coming in to invest in more things that return money. That is how the rich get richer. They don't just take their money and buy lots of stuff to have. They use their profits to invest in more things that will return profits. It is a system that almost feeds on itself.

If you can find something to put your money into that will bring you more money back than what you spent, then that is one stream of income. Then you repeat that over and over to build multiple streams of income. The trickiest part is to get that first stream going. Once you have it rolling, just keep it growing.

I hope that someone benefits from this and I hope you read that book if you have not already. It will be a real gem on your bookshelf. Just keep on learning.