Thursday, September 15, 2011

CashFlow - The Forgotten Asset

Cashflow  - The Forgotten Asset.

When we think of assets, what usually comes to mind is: house, car, material possessions such as household property, money, jewelery, coin or stamp collections, etc.  What about Cashflow?

Cashflow Quadrant Rich Dad's Guide to Financial Freedom

Cashflow is defined as cash coming in (as income) and cash going out (as expenses).  If you had a lot of cash flowing into your bank account, that would be a definite asset wouldn't it?

It is the direction of cashflow that determines whether something is income, expenses, assets or liabilities.

And it is YOU that determines by your choices what direction the cash will flow. 

I recommend Robert Kiyosaki's book, "Cashflow Quadrant - Rich Dad's Guide to Financial Freedom" for good instruction on how to become financially literate and map out your financial future.

Upon completing Kiyosaki's book, you will find yourself inspired to start an online home based business as a cashflow solution!  Wouldn't that compliment financial change in your life in the new Information Age?

What's important is that you take action.

Create the right assets.  Cash in Big Now - start an online home based business to get the currency going in the right direction folks!   :)

Cashflow, the forgotten asset no longer!

Doris 

P.S. - The riskiest decision is not making a decision at all.  Procrastination is the bridge between where you are and your dreams.  Get in now.