Financial productivity in life is achieved by growing your productive assets and cash flow by 100%-120%.
Productive asset ” are those assets or anything that put money in your pocket” by Robert Kiyosaki. example, Bonds, share, investment Real Estate, stocks, saving Account, kingdom Assets.
1). Accumulation by Investment and saving:
Investment and saving are financial seed that grows to financial tree (freedom) in future? True wealth comes from the ability to take something that has little value & convert it to something productive. Investments in the postponement of consumption. Investment proves a faster track to accumulation than saving.
2). Accumulation by Diligence:
Diligence involves Persistence & consist application of talents to create value for commercial advantage –Prov. 22 vs. 29
Lazy hands make a man poor, but diligent hands bring wealth. Prov. 10 vs. 4.
3). Knowing the difference between Asset and Liability:
An asset is anything you own that puts money in your pocket and a Liability is something that takes money out of your pocket.
- By Robert Kiyosaki
4). Accumulation by passion:
Passion releases the energy to succeed in life.
Passion means strong feeling toward a thing, and money making required passion.
5). By Self Discipline:
The profile of a wealthy person in this, hardwork, Perserverance & most all self-discipline → Zig Ziglar.
6. Personal Integrity:
It taken a character based foundation to make good decision which will impact us.
- To satisty customers.
- To establish trust
- To obtain God’s favour.
7). Right Choice
(a) The Choice to be rich or poor is in every cent in our hand now.
(b) You are what you are today because of the choice you made yesterday. So make that choice now to rich.
The rich acquires assets, the poor only have expenses & the middle class acquire liabilities, they think it’s an assets.
To be rich build your assets column first.
Productive asset ” are those assets or anything that put money in your pocket” by Robert Kiyosaki. example, Bonds, share, investment Real Estate, stocks, saving Account, kingdom Assets.
The seven laws of Financial Productivity
1). Accumulation by Investment and saving:
Investment and saving are financial seed that grows to financial tree (freedom) in future? True wealth comes from the ability to take something that has little value & convert it to something productive. Investments in the postponement of consumption. Investment proves a faster track to accumulation than saving.
2). Accumulation by Diligence:
Diligence involves Persistence & consist application of talents to create value for commercial advantage –Prov. 22 vs. 29
Lazy hands make a man poor, but diligent hands bring wealth. Prov. 10 vs. 4.
3). Knowing the difference between Asset and Liability:
An asset is anything you own that puts money in your pocket and a Liability is something that takes money out of your pocket.
- By Robert Kiyosaki
4). Accumulation by passion:
Passion releases the energy to succeed in life.
Passion means strong feeling toward a thing, and money making required passion.
5). By Self Discipline:
The profile of a wealthy person in this, hardwork, Perserverance & most all self-discipline → Zig Ziglar.
6. Personal Integrity:
It taken a character based foundation to make good decision which will impact us.
- To satisty customers.
- To establish trust
- To obtain God’s favour.
7). Right Choice
(a) The Choice to be rich or poor is in every cent in our hand now.
(b) You are what you are today because of the choice you made yesterday. So make that choice now to rich.
The rich acquires assets, the poor only have expenses & the middle class acquire liabilities, they think it’s an assets.
To be rich build your assets column first.
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