The Formula the Rich Use to Invest - Kim Kiyosaki [CASHFLOW CLUBS] 

*Great video. We all strive towards financial stability and a better life. It is easy to achieve this through the right investment, by living frugally and budgeting. I’m glad I learnt early in life to work hard for financial freedom*

_If no one gives you an opportunity_ Create your own Thank you for coming to my ted talk

“Often, the more money you make the more money you spend; that’s why more money doesn’t make you rich - assets make you rich.

She’s soo clear and easy to understand I love her and Robert and alejandra👏👏👌

I had a trucking company at one time. Used same formula. Only instead of $100 per month NOI, it was more like $2000 per month. Each truck grossed $150,000 driver home every other day. After expenses, NOI was $24,000. We had 3 trucks! I was the office manager, the EX ran the other part(drivers/ loads) Fun seeing yr money grow fast

Initially I thought she was a scam not until I invested in her, I have been scared if I will be losing my money but I feel some confidence about this trader and I have to try it because I'm really feeling good about this testimony.

"The more you learn, the more you earn" -Warren Buffet

I LOVE & RESPECT KIM KIYOSAKI & the RICH DAD BRAND , they provide tremendous value just by making these short videos on Financial Education ❤🤝🙏☮

Most people have BAD DEBT and they need to learn this game! 💸💸💸

Well let's get the words straight: Loan and debt are connected to money. And both are liabilities that have to be paid. The difference between 'loan' and 'debt' is that money borrowed from a lender and/or bank is called loan, and money borrowed through debentures and bonds is called debt. In practicality, or at least what most people do, is to get a loan to start a business or purchase property, say an apartment building in order to have it paid by tenants and make a profit. Debt is perhaps not the correct term-- 'Loan' would be better in the conventional method.

I wouldn't call it "debt". I would call it "leverage". I've always found the whole good debt concept very confusing, although I get the point. It all became clear when I understood the concept of leverage investing.

I must of played my cashflow board nearly 100 times, As a result met local real estate investors with sufficient knowledge to gain some mentors. Like Robert I’m in the military and I know there’s a better way, after this game and his books I honestly believe once I get rolling I can see myself retiring early. Thankyou

Bless you Kim. Thanks for all you and Robert do. 🙏

My wife and i also own our home and a commercial building that I run my welding business out of. We have intentions of purchasing another property. There's one thing I've learned throughout the years is, that wealth building takes a very long time and the sooner you start the better the odds are of succeeding. Good luck to you all!

Thank you Kim !!! You are so good and a great teacher 😊 💯 Love your content !!

Kim, you are my master, nice examples

There are so many ways to make money! You just need to find a few good income streams and you'll be sitting on a gold mine in a few years! 💯👍💪

No wonder they call you the "Queen of Cashflow"...you explained it with Crystal Clarity. Thank you.

I'm speechless. Thank you queen of cashflow!

Sometimes I really wondered how people make this huge profits investing on the stock market online, I agreed with you investing and earning is a legitimate way to gain financial freedom, but how is it done

thank you for simplifying it kim

Very clear and easy to understand. Thanks a lot!!!

Very clear speaking

Simply brilliant

Easy to understand. Thank you.

Thank you Kim

Brilliant! Thank you!

Wonderful presentation

I love the clarity of the video.

Great thanks !

Thanks for making such an amazing video! Really easy to understand.

Thanks!

That was pretty damn good, thanks for sharing your knowledge with us.

What a great video. A whole lot more goes into calculating those expenses though.

Thank You! 💚🙏😁

Worthful to watch! I like the way of ur explanation.

Thank you ;Ms queen so very simple (Cash flow has to cover debt services)that's it.

Thankyou for this video, great content.

Thank you for your sharing, Your English is easy to understand.

Excellant video very clear and to the point and easy to understand, more videos from Kim please 🌟🌟🌟🌟🌟 🤓👍

thanks for the tips, girlie!

It isn’t enough to have a good noi, you also have to have a good income (from a job) to begin buying rental proprieties with mortgage , doesn’t matter how much money you already have in the bank

Thanks Kim, interesting. Hope you and Robert stay safe in all your travels, cheers.

Thank you for the video!!!!

Just bought this board game off eBay for $40..... look forward to learning and showing my kids about CASHFLOW!

Thanks for all you do

I am playing CASHFLOW right now as we speak 🔥🔥🔥

Thank you, I'm sure that message will be helpful to a lot of young people.

Awesome points!

Thanks. Amazing video.

Thank you

Great info to learn about good and bad debt. Thank you so much for sharing the helpful video.

Thanks for sharing Queen.

Beauty. Thank you

your lovely Kim. thank you.

Totally amazing 👍👍👍👍

Yes go Kim!!!!! Love love love

Awesome info. Love the game. My wife always beats me somehow. 🤔

Thank you Kim for explaining debts in simplest way for people to understand. God bless you & Robert .

thanks god bless

This is brilliant

Nice... appreciation for sure... I learn something great and useful in like 6-7 mins!!! 👍

Gracias!

well explained

Excellent

Amazing lady.

Great video 👍

Thanks mam I clearly understood

Fantastic

Robert is luckie to have Kim. 👍👍👍👍

the good debt is learning how to buy some property that can increase with the advantage for the rental house. Yes, you are right for that ,go to property, and you also need improve your cash flow to positive.

I like this great video. 🌹

These getting rich through debt is profitable only if the interest rate is very low and the rental income earned is more than the emi going out to pay the debt. Remember large number of peoples also ruin themselves through debt.

Thank you rich mom! 👍

What about the interest rates you have to pay in addition to the mortgage, esp. if it's not fixed, which in the current financial environment can backfire in case of hyper inflation? :)

Nice 👌

Queen of cash flow ! Love it ! 1000 Thanks to Mrs. and Mr. Kiyosaki , for all the great knowledge!!! Freedom and financial control is what I’m after and these two will help get me there !!!!

amazing🎉🎉

You are in an incredible shape!!! ❤️ (sorry - off the topic)

i live this ladys style

Nice video 👍 The rich dad Due to the economic crisis one needs to have different streams of income

Never knew cryptocurrencys could be so challenging! Kept running back to these RU-vid videos to learn more about this your video is indeed helpful

“Perspective” 💎

I always thought of the cash flow but never subtracted expenses on the income🤦‍♂️

I emailed my local club ! I hope they are open

I wish cashflow was available in Korean too

I have a question........ if i bought a property, say a condo, with credit (debt from the bank), that means i would have to pay monthly fees to the bank, in order to pay off the debt..... So when i start renting the condo to a tenant, at the same time i am also losing money to the bank......Is there a way to gain profit from the rental money while having to pay the bank due to credit debt? Does that mean i have to extend the payment period as long as possible (say 25 years), so that the monthly fees to the bank become as low as possible? What i'm worried is, if i extend the payment period to the bank up to 25 years, the interest rates will go higher & higher which means the debt i have to pay to the bank each month becomes bigger, & as a result i end up with less money every month (assuming the tenant is still renting).

Great info if a person has money to start with

So what happens when you have a small/big deal cash flow that's negative? What do you do then? Can you make it positive or does it just teach you that negative cash flow is just an inevitable in life you may have to face?

I went create a cash flaw club in my cantery I m very excited to start a journey

Good debut is buying gold and silver on a credit card IF...you so choose!

🥰😍💖Thanks you so much♥️

Is debt/loan from bank for purchasing real estate, if we pay emi for debt is say 15k buks and Rent received is say 10k buks, so will such real estate property considered as asset or liability? 🤔

Mannn she's offcial thank you!!😊

I’ve learned to survive you can’t eat $$, gold, silver, bitcoin etc. but the steaks, fish, veggies and the precious liquid gold (water) will be full filling and satisfying!

Love you 🥰

I think the best investment is to start an online business. It can be possible to make a good income within a few months. Keep the videos coming. 👍

I have both 101 and 202, could you add more cards (expand on set) for real estate (contacting banker and other forms of lenders), business (organising a corporation, and options such as llcs and others), paper assets and commodities, also include tax incentives. It could be 303. I enjoy the game very much.

Thanks, Mrs. Kim

Is the NOI supposed to be enough to cover the secondary cash-out refinancing loan? CPA/accountant, lawyer, consultant, ghost expenses, etc is an expense before NOI? I’m slowly starting to understand.. I think: buy low, fix up and rent out.. bank sees this new cash flow and offers a bigger/better loan. The best part is this excess money is tax free. Most of this money has to then be reinvested into another fixer-upper, but some can line ur pockets. You also acquire an asset. But it seems like you can’t get off this train. What are the long term implications? It never matters how much debt you go into bc it’s not real anyway? Asset is the goal.. but you would lose the asset in a bankruptcy if you ever default on the loan? Or eventually the loan is paid back, there’s no longer a debt to manage so you’re stuck paying taxes? If you sell an asset you have to pay tax.. so the asset is really only leverage for the next loan.. and the focus is on using most of that surplus to perpetuate the investment into another real estate deal and the idea is to live off of the difference that lines the pockets? And avoiding tax is awesome, but it seems we’re still paying to play when it comes to the interest on the bank loan. Seems great, but I get the impression it takes a long time to slowly work up to $30m apartment complexes before you can line the pockets with anything significant enough to start living comfortably? Is the stress of a B & I with 30m over ur head to have $1m worth it? Is it really spending more time with family or pressure to keep the house of cards from falling? Thanks