Cashflow Club Chennai - Robert Kiyosaki Fans

Focus on Yourself not on what other think about you.

Sometimes you must be like a Chanakya to "Kill your critics with success and bury them with a smile"

Do you check with your advisors on your business, investments, personal growth, branding, productivity

If you want to be financially free you must look at having a team of advisors who will support you in all areas.

Advisors are relationship based and not transaction based

Ask a question are you making life of people around simpler, easier, better ?

If you add value in your product or service money will flow. Like for example Samsung came out with a concept of touch screen in mobiles which made people's job simpler

If you not you will burn your cash..

Robert Kiyosaki in this picture is burning a currency note but in reality so many of us are doing it in our businesses.

Do share

Rich Dad Tip of the Day:

Are you able to change according to the environment.

Look at a giant like Nokia which had to be taken over by Microsoft as they were not able to adapt to the changing environment

Money flows to those who are quick to see this.

Rich Dad Tip of the Day:

What value are you adding to the business which you are doing?

When you focus on value creation money is just a by product

Rich Dad Tip of the Day:

Do you walk the talk?

Integrity in what you say and what you do?

Do share if you agree

What choice do you make with money?

- Invest First and Spend Rest
- Spend First and Invest Rest

The choices you make today will determine where you reach tomorrow.

Are you Stressed with Finances

Recognize when you’re becoming stressed. Your body will let you know if you’re stressed as you communicate. Are your muscles or your stomach tight and/or sore? Are your hands clenched? Is your breath shallow? Are you “forgetting” to breathe?

Take a moment to calm down before deciding to continue a conversation or postpone it.

Bring your senses to the rescue and quickly manage stress by taking a few deep breaths, clenching and relaxing muscles, or recalling a soothing, sensory-rich image. The best way to rapidly and reliably relieve stress is through the senses: sight, sound, touch, taste, and smell. But each person responds differently to sensory input, so you need to find things that are soothing to you.

Look for humor in the situation. When used appropriately, humor is a great way to diffuse stress when communicating. When you or those around you start taking things too seriously, find a way to lighten the mood by sharing a joke or amusing story.

Be willing to compromise. Sometimes, if you can both bend a little, you’ll be able to find a happy middle ground that reduces the stress levels for everyone. If you realize that the other person cares much more about something than you do, compromise may be easier for you and a good investment in the future of the relationship.

Agree to disagree, if necessary, and take time away so everyone can calm down. Take a quick break and move away from the situation. Take a stroll outside if possible, or spend a few minutes meditating. Physical movement or finding a quiet place to regain your balance can quickly reduce stress.

It's not about becoming rich; it's about attaining wealth.

Rich is measured in terms of money. Wealth is measured in time & money.

Sometimes we look at people in financial trouble and wonder how they ever got to that point. We think, “That will never happen to me.” The thing is, debt is one of those things that sneaks up and when you finally realize you’re at that point, it’s too late.
We need to identify these “symptoms” of “financial sickness” early so we can get “treatment” and start working towards being financially healthy.


1. You are always discontent.

Do you find yourself constantly wanting more? Is it a challenge to watch your friends and relatives upgrade to nicer cars, bigger homes, better furniture or even more expensive independent schools for children?

If you’re quietly saying yes, then your discontentment may be driving you to impulsive financial decisions. Reflect on your spending habits and see how many of your purchases are done out of true need or out of a need to fill some void. Decide today that you will no longer spend money on things you don’t really need.

2. You can’t afford to lose your income.

If you or your spouse lost your income, would you be able to survive for 6 months only on what you have set aside in your savings? If the answer is NO, or if you’re unsure, you may be overspending on today’s wants while sacrificing tomorrow’s needs.

If that’s the case, take a hard look at your current spending. Do you have a budget? Make one. Are you fully aware of how every dollar you earn is spent? You need to be. Track your spending for a month to reveal all the potential cracks that money is slipping through. Your goal should be to have 6 months of your living expenses set aside and available as a surplus.

3. Credit is your best friend – or so you think.

Is your monthly credit card balance growing instead of declining? Do you use one card to pay off another? If the answer is yes, then you are likely living beyond your means.

Look over your credit card purchases and see exactly what you are buying. Is it a need, or a want? If it’s a need, is it within your budget? Make the decision to stop using your credit card. Create a realistic debt repayment plan and do not pick up a credit card until you have paid your balances off and are ready to be a responsible consumer.

4. You don’t have a written plan to manage your money.

Saving is the foundation of healthy finances, yet so few of us actually save. One of the most common excuse for not saving is “I have too much debt.” What people don’t realize is that, unless they prioritize putting money aside, debt will always be an issue.

Apportion 10% of your monthly income towards an investment account that you NEVER TOUCH. This is a seed for your financial freedom and should be used only to grow your wealth. Another 10% should go towards long term savings for those big ticket items you need.

If you have any of these four signs it is time for a change

Happy Investing

Ravi Padmanabhan

WHAT IS FINANCIAL TRUTH ?

Financial freedom starts with knowing where your money is today
What are you doing with your money? Where is your money going? How is your money spent each month? Are you being wise with your money?

These are all questions that we should have answers to off the top of our head. But the reality is that most of the time we don’t. Partly this is because we all lead busy lives and it’s hard to stay on top of our finances. But sometimes it’s also because we know deep down that we’re not making good financial decisions, but we don’t want to face the truth of it.

It’s so easy to lie to ourselves about what we really spend on eating out, clothes, or vacations. And it’s easy to pretend our investments are making money—or at least breaking even.

It can be uncomfortable to face the facts and learn that you’re actually spending more every month than you’re making, or that the money you placed in that mutual fund, which the “experts” told you would make 15 percent, actually lost 20 percent in the last few months.

The truth shall set you free
An old and wise saying is, “The truth shall set you free.” What this means is that only when we’re honest with ourselves and our situation, will we be free to start making changes. Until then, we just hide and hope for the best, which usually leads to the worst.

When it comes to money, the truth will set you free. Not only do you have to know where you are financially, but you also need to understand what “where you are” means in this financial world.

The truth is that was not a good place to be financially. There are investments that any woman can participate in that will earn much greater returns… as long as you know what you’re doing.
Some steps to take

Today is the day to start being honest with where you are financially and to start learning new truths about money and investing. Here are some great steps to take towards being financially free.

Tell yourself the truth about any and all income that comes into your household.

Be brutally honest about your expenses. What exactly do you spend every month? This is not a matter of your numbers looking good. It’s a matter of knowing where you are—period. Important: If you enjoy eating out every night, then financial freedom for you had better include eating out every night. Financial independence means having the money to live the life you want, not just having enough to survive. Financial independence is not living below your means. I would rather expand my means and have my money work hard for me so that I can create the financial life I want for myself and my family.

Being honest about your expenses now is important, because this sets you up to have the financial future you desire.

Ask these questions:

What investments do I own?

Do I have stocks, fixed deposits, mutual funds, retirement plans, real estate (other than your home), business investments, gold, or silver?

What do I have that is making me money without me working for it?

What price did I pay for the investments?

What is happening with that investment today?

It’s not uncommon to not want to open that investment-fund statement when you’re guessing it may be worth a lot less than you put into it. Look at every statement. That one action alone can be a valuable eye-opener.

To Your Success

Ravi Padmanabhan