Cashflow Quadrant: Money Cannot Be Seen With Your Eyes

When it comes to money, what is the difference between security and freedom? What does it mean that money can’t be seen with the eyes? Recently I read ‘Cashflow Quadrant’ by Robert T. Kiyosaki, which explains the answers to these questions and more.

Robert Kiyosaki was born and raised in Hawaii. He is an American investor, businessman, self-help author and motivational speaker. ‘Cashflow Quadrant’ is his follow up book to the bestseller ‘Rich Dad, Poor Dad’. It reveals strategies for moving beyond just job security to greater financial security by generating wealth from four selective financial quadrants. These quadrants are what Mr. Kiyosaki calls the four types of people who make up the business world – employees, the self-employed / small business owner, the big business owner, and the investor. The goal of this book is to get us thinking about the benefits of moving from the left side quadrants (employee and self-employed) to the right side quadrants (big business owner and investor). This is where the two ideas that started this post come in. What is the difference between security and freedom? What does it mean that money can’t be seen with the eyes? Read on for my interpretation of

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6 Ways to Make the Most of Your 24 Hours

“Time is what we want most, but what we use worst.” ~ William Penn

Everyone is given 24 hours in a day. Usually eight of those hours are for sleep, eight are for work, and eight are for you time (or family time). Just like your bank accounts, learning to budget your time is key to reducing stress and achieving your goals. It’s not about time management, it’s about self-management. You have a choice for how you spend your time. The key is finding what works best for you when it comes to planning out your days.

“Ordinary people think merely of spending time. Great people think of using it.” ~ Author Unknown

If you’re looking for some tips on how to plan your days, I have six great ones listed below for making the most of the hours given to you:

1) Time is wasted in minutes, not hours. Make the most of all the time you have, even if it’s just a minute here and there.

2) You can’t do everything, but you can do something. Make sure you keep clear in your mind what is important / not important and urgent / not urgent. Tasks that seem to be urgent, may not

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LTI Recommends: MoneySense Magazine

I haven’t actually visited the MoneySense website in a while, but in preparing for this blog post I took another journey back. What I found was very exciting. They have given their website a facelift and now offer many different ways to connect with them (Twitter, Facebook, YouTube, RSS Feeds). Maybe it’s just me, but I really get excited about that because now I can have articles sent straight to my Google Reader, which I can then peruse every morning to see what catches my interest.

All this and I haven’t even mentioned the personal financial planning content! Since that is the most important part, the following is a list of the 7 key reasons you need to read MoneySense Magazine:

1.  Canadian Content – A lot of the time we are subjected to American content when it comes to financial news or personal financial planning. MoneySense offers all the news and information we need from a Canadian perspective.

2.  Online Content / Blog / Newsletter/ Forums – With so many options to connect, gaining access to this wealth of information is just a click away.

3.  Easy to Read – I love MoneySense

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