welcome to the blog! here is where we share our favorite quotes, words or wisdom, or some food for thought
welcome to the blog! here is where we share our favorite quotes, words or wisdom, or some food for thought
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death and taxes
“Rich dad used to say, “The key to becoming wealthy is the ability to convert earned income into passive income or portfolio income as quickly as possible.” He would say, “Taxes are highest on earned income. The least - taxed income is passive income. That is another reason why you want your money working hard for you. The government taxes the income you work hard for more than the income your money works hard for.”
“Rich Dad Poor Dad”
By Robert Kiyosaki
Death and Taxes. The two most reliable forces of nature. How can you convert your hard earned money into something that not only produces passive income but allows you to save money via various tax write offs? I will give you a hint. It sounds like “Peal” and “Abate.”
"how can I?" vs. "I cant."
“Rich dad forbade the words, “I can’t afford it.” In my real home, that’s all I heard. Instead, rich dad required his children to say, “How can I afford it?” He believed that the words “I can’t afford it” shut down your brain. It didn’t have to think anymore. “How can I afford it?” opened up the brain and forced it to think and search for answers.”
“Rich Dad Poor Dad”
By Robert Kiyosaki
What kind of limiting beliefs do you have about yourself? How are those holding you back? Have you been telling yourself you can’t do something instead of asking how you could MAKE IT HAPPEN? It is a big world, no matter what the problem is I guarantee you that if I don’t know the answer I know someone who does. The ‘how’ solution to your problem is almost always a phone call or a text away!
how deep is your foundation?
“If you are going to build the Empire State Building, the first thing you need to do is dig a deep hole and pour a strong foundation. If you are going to build a home in the suburbs, all you need to do is pour a six - inch slab of concrete. Most people, in their drive to get rich, are trying to build an Empire State Building on a six - inch slab.”
“Rich Dad Poor Dad”
By Robert Kiyosaki
How are you building your foundation? Is it on a six-inch slab? Or are you digging deep into what matters and pouring your foundation where the elements are kept at bay?
knowledge vs. understanding
"The key to good decision making is not knowledge. It is understanding. We are swimming in the former. We are desperately lacking in the latter."
Blink
by Malcolm Gladwell
Let us help bridge that gap between knowledge and understanding. Do you have any questions that you've been too afraid to ask?
man's search for meaning
“Life is not primarily a quest for pleasure, as Freud believed, or a quest for power, as Alfred Adler taught, but a quest for meaning. The greatest task for any person is to find meaning in his or her life. Frankl saw three possible sources for meaning: in work (doing something significant), in love (caring for another person), and in courage during difficult times. Suffering in and of itself is meaningless; we give our suffering meaning by the way in which we respond to it.”
“Man’s Search For Meaning”
By Victor Frankl
Why do you want to be wealthy, successfully, or influential? Do you feel a drive deep within your bones that screams there’s has to be more to wealth building and investing than just piling up cash?
the great crusade
“Soldiers, Sailors and Airmen of the Allied Expeditionary Force! You are about to embark upon the Great Crusade, toward which we have striven these many months. The eyes of the world are upon you . . . . Good Luck! And let us all beseech the blessing of Almighty God upon this great and noble undertaking.”
General Dwight D. Eisenhower
Supreme Commander of the Allied Expeditionary Force in Europe, WWII
My great crusade is leveraging the power of Real Estate Investing to eradicate human trafficking with UnboundNow. What is your crusade? Let’s talk about how REI can drive the change YOU want to see in the world around you!
what keeps you up at night?
"I am haunted. I'm haunted by the fear that our children may lose their way in a world that values money for what it can buy and not for the good it can do. I am haunted by the idea that our children are growing up in a society that places too much emphasis on the job you have, the salary you make, and the title you wear. An impatient world measured in days, not years, and populated by instant winners, lottery lovers, and a battery of million-dollar game shows. A time when investing has become a romantic notion of high flying day traders and IPO millionaires or worse, has become synonymous with a crapshoot plagued by corporate scandal, worthless stock options, and bankrupt pension funds. Most of all I am haunted that we're teaching a generation that riches come quickly or not at all."
The Millionaire Real Estate Investor
By Gary Keller
The above quote from Gary Kellers book "The Millionaire Real Estate Investor" is something I wish that everyone who turns 18 could read and understand. In todays day and age it is so easy to see the "success" of others via social media, the internet, or podcasts that what can be hidden is the slow burn that is required to be successful in the long term. Sure, you could make it big on one deal and retire to a tropical paradise for the rest of your life, but the reality is that is just not the usual case. The tried and true method of relying on the FUNDAMENTALS and seeking wisdom is a much greater predictor of success.
With all of that being said, a lot of times people become wildly successful. The only issue is they had to sell their soul to get there. Is it possible to build wealth AND do it in a way that values money for what it can do at the same time?
If this post has you thinking, let's talk about it!
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