Daily Meeting - Personal Finance 6: Why Savers Are Losers

• Money is at an all time high and if you can’t pay your bills the way you wish, you don’t understand the rules of money and wealth.
• It doesn’t take talent to learn a discipline
• When you’re too right too early, no one pays attention to you
• The only acceptable reason to save money is when the price of the thing you’re wanting to invest in is too high
• When you have to choose of 2 evils, always choose the worst one
• The worst one will wake you up and keep you from being dependent on what has been an illusion to you
• The worst one in this case is investing
• If you don’t have the money you need, it’s because you have too many expenses and haven’t increased your ability to earn
• You need to cut your expenses immediately 
• $576 over 3 years for a car note cost Antonio his 30s
• Money has no value if it’s not moving
• Moving is the new “gold backed” standard
• Hard, income-producing assets are the new gold
• If you’re saving money, save enough until you can put it into real estate

Why Savers Are Losers? | Robert Kiyosaki | Success Resources

https://www.youtube.com/watch?app=desktop&v=A38lkt5Zo8M

• 100% of the time, when the government tells the masses to do something, it never works
• If someone is offering you unearned income, take it
• Whenever the bank offers you to get more credit, take it
• It’s better to borrow money when you do not need it, because when you need it, they won’t give it to you
• Never take a contract from somebody you’re doing business with
• Contracts are always better when they come from your home court
• DO NOT get involved with hyperfunds

Closing Thoughts

Money as Debt - Fractional Reserve Banking part 1 of 5

https://www.youtube.com/watch?v=KyDU4X8GSmE

401(k) Frontline

https://www.youtube.com/results?search_query=401k+frontline 

• If you don’t move your money in a hard, income-producing asset, you are doomed
• You’ve got to have your money make a lot of money

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