How Rich Use The Corporate Structure to Get Richer?

How Rich Use The corporate Structure to Get Richer?

The basic difference between rich and everyone else is that, the rich have financial knowledge of the power of the corporate structure, financial statement and the basic words like Assets, Liabilities, Cashflow and Active and Passive Income.

Unfortunately, Most of the people in this world don’t have the knowledge of the basic terms like Financial Statement, Assets, Liabilities, Cashflow…etc..

Remember that, the Financial Statement is the Gateway of becoming rich. If you learn to think in the financial statements than you can never remain poor or middle class.

But unfortunately, our entire education system never teach us anything about money. And that’s why when most of the people leave their schools, their mind only think about getting a safe and secure high paying job, live paycheck to paycheck and retire at the age of 65 years.

But well, Do you know that when you do a job, you are trading your time in exchange of money (Salary). And if you know how to read the financial statements than you will better understand that it’s the loser’s bet.

Unfortunately, Most of the people around the world don’t know how to read financial statements and that’s why for them, everything is their job. But well, Rich know that how to read the financial statements and they also know that what will be the Cashflow pattern if they will work hard to do a job.

And that’s why they use the power of the corporate structure to get richer in following 3 ways.

01) By Saving More Tax

02) Protecting Their Assets

03) Create New Wealth in the Economy by developing a successful Business and taking that Business to the Public.

If all of these things sounds mysterious to you than first of all Download my FREE eBook – MJ2BC: What Rich Teach Their Kids About Money That Poor & Middle Class Don’t?

In my eBook, I have given 6 basic lessons on money and 10 commonest myths about money that rich teach their kids but the poor and middle class don’t.

Inside my eBook, there is all the information about money that is not being taught in the Schools. Once you will read my eBook, you will realize that How the Rich play the game of money and why everyone else live paycheck to paycheck and hoping to get rich some day in their life?

Don’t Worry. I am giving this eBook to you for FREE. Just click the above link and start downloading my 162 page eBook in the PDF form without any annoying registrations.

I am giving this eBook to you for FREE because I want to spread this New and Real Financial Awareness to people around the world especially the young school and college going generation.

So if you like my eBook than help me to spread this financial awareness among the new generation for their better future.

How To Create Assets Like Rich?

How To Create Assets Like Rich?

If you have read my eBook – MJ2BC – What Rich Teach Their Kids About Money That Poor & Middle Class Don’t? Than you will better know that to get rich all you have to do is to understand the basic difference between assets and liabilities and keep acquiring assets for the rest of your life.

This is because rich are rich not because of their income but because of their assets. You can either acquire assets out of your money or convert something into assets or simply create your own asset out of nothing.

Well, Yes. If you don’t have money to buy assets than you can create your own asset out of scratch and still manage to get rich.

So How the Rich Create Assets? Well, Business, Intellectual properties, Music, Videos, Digital Information Products, Websites, Blogs…etc… are some of the examples of the assets that rich create out of scratch.

Take the Example of this Blog. This blog is my asset that I have created without investing any money. Of course, I had to invest my lots of time to develop this asset but well, its worth it.

Take the Example of Bill Gates (Microsoft), Larry Page (Google), Mark Zuckerberg (Facebook), Dhirubhai Ambani (Reliance) or any other billionaire from the Forbes list.

All of them are billionaires because they have created their own assets (Their own Businesses) out of scratch and later on take their assets to the public and today millions of people around the world want to own a piece (Shares) of their assets.

But well, creating assets out of nothing requires the basic financial knowledge. You will have to learn how to read financial statements and how to think in the financial statements just like rich people.

So if you haven’t downloaded my eBook than download it right now by clicking the above link. Don’t worry. It’s FREE. In my eBook I have given 6 basic lessons and 10 commonest myths about money that rich teach their kids but the poor and middle class don’t.

After reading my eBook, you will better understand that how the rich play the game of money and how you can also think like rich i.e. in the financial statements.

So Download my FREE eBook and start playing the game of money like rich. And yes, don’t forget to spread this financial awareness among your friends and family members.

How To Save Tax Like Rich?

How To Save Tax Like Rich?

I receive literally hundreds of queries for saving tax every week. But unfortunately, all the queries I receive are for saving tax Under Section 80C and that is Maximum Rs.1 Lakh per year in India.

I really don’t know that why people are so much crazy about saving this 1 lakh of tax? I mean why they just focus mainly on saving just 1 lakh of tax every year while in reality, you can pay almost ZERO to NO Tax legally in India or elsewhere in the world by using the power of the Corporate Structure.

Well, Yes. I am not insane. I am saying you the truth. The truth is that,if you have the knowledge of the basic financial literacy and the power of the corporate structure than you can pay zero tax to the government and enjoy all of your money legally.

So How the Rich use this power of the corporate structure in their favour to save lots of tax?

Well, by earning everything in the name of their businesses (Company) and showing their every expenses in the name of their companies such as Business Expansion expenses, Travel Expenses, Business Vehicles and every other kind of expenses.

However, I can not explain everything in one single article. But well, of course, if you want to learn these corporate strategies that rich people use to pay almost NO Taxes at the end of year than you can download my 162 page eBook – MJ2BC: What Rich Teach Their Kids about Money That Poor & Middle Class Don’t?

In the eBook, I have given 6 basic lessons on money that rich people teach their kids but the poor and middle class don’t. The Lesson 6 is very important lesson. It is the power of corporate structure that rich use in their favour to save lots of tax legally and even create new wealth in the economy.

In fact, today there are several large corporations and Business houses in India and all around the world which are ZERO Tax Corporations means they earn thousands of crores every year and pay almost Nil or minimal tax to the government legally by using this power of corporate structure.

Don’t Worry. I am giving you my eBook for FREE. You can download my eBook in the PDF form right now without any annoying registrations and learn these corporate strategies that rich use in their favour to save more tax and get richer.

Unfortunately, the schools don’t teach us anything about money and that’s why there is no scope of learning these skills anywhere in the world except my eBook.

So Download my eBook, learn the lessons and rules by which the rich play the game of money and yes, don’t forget to spread this financial awareness to all around the world.

How To Protect Assets Like Rich?

How To Protect Assets Like Rich?

How Rich Protect Their Assets?

Do You know that Only Building assets is not important but protecting those assets is also important. And Do you know that how rich protect their Assets?

Well, by using the power of the corporate structure. Basically rich don’t own any asset in their own name but in the name of their companies (Private limited or public limited).

And that’s why during the time of divorce, sue or any other legal law suits, their assets get protected very well. This is because their all the assets are owned by their companies and not by their own names on their financial statements and the companies stand as the legal separate entity during the time of lawsuits and protect your assets.

So the moral is that don’t own any asset in your own name. But own everything in the name of your companies. Now, you may ask that but everybody can’t launch their own company.

Well, This is a Myth. The Truth is that everybody can register their own company with just few thousand bugs in the office of some corporate attorney in your local city.

Rich can use the power of the corporate structure very well because they have learned this basic financial literacy from their rich parents. You can also now learn this power of corporate structure and various corporate strategies in your favour to protect your assets like rich.

You can Download my FREE eBook – MJ2BC: What Rich Teach Their Kids About Money That Poor & Middle Class Don’t?

I am giving you this eBook for FREE because I want to spread this financial awareness to as many people as possible around the world. So that all of us can see the better future.

And yes, if you like the information inside the eBook than don’t forget to spread this financial awareness to all around the world.

Rich Work Hard For the Passive Income

Rich Work Hard For the Passive Income

Rich and Middle class, all of us work hard. But well, there is a basic difference between the hard work of rich and everyone else. Most of the people in this world work hard for the active income means the income from their job, salary, part time job or any other income which is generated by trading their time.

While the Rich Work hard to create Assets first and over the time their assets start generating passive income. Unfortunately, most of the people in this world don’t know that what is financial statement, assets;, liabilities, cashflow and various other terms about the money and that’s why they work hard for the active income.

But well, if you know that how to read the financial statements than you will realize that working hard for the active income is the Fool’s Plan.

If you really want to become and stay rich than you should work hard on to grow the assets in the asset column of your financial statement.

And this is the reason why I advise people to get financially educated first. But well, for the most of the people saving money, live below their means and putting that money in the banks is the financial education.

But well, This is not the real financial education. The Real Financial Education is one that is not being taught anywhere in the schools. But yes, rich people teach their kids this basic financial education since their childhood and that’s why their children grow richer when they become old.

So How to get this Real Financial Education? How to Change your Mindset like rich people?

Well, It’s Easy. I have analyzed, gather and research the information that rich give their kids about money but nobody else gives since several years and put it into an eBook.

You can Download my eBook – MJ2BC: What Rich Teach Their Kids About Money That Poor & Middle Class Don’t? in the PDF form.

Don’t Worry. My eBook is 100% FREE to Download. You can download it right away by clicking the above link without any annoying registrations. In just one click my 162 page information rich eBook will be on your desktop which contains the true financial education – The lessons and myths on money.

I am sure that the information inside the book will change your mindset and shoot up your financial IQ by several folds. So Download it right now for FREE and yes, if you like my book than don’t forget to spread this financial awareness to as many people as possible.

Borrow Money To Get Rich

Borrow Money To Get Rich

The age old personal finance advise is – Get Out of Debt and Stop Borrowing more money if you want to become rich. But well, Do you know that this advise is partially correct only.

And if you strictly follow this advise today than you may never become rich in your life…!!!

I know that this may sound crazy to you. And many of you may think that it’s crazy or the writer of this article is simply gone made.

But well, If you understand the difference between the Assets and Liabilities and also know the History of the Gold Standard then you will realize that not the all kind of debt in this world is bad.

In fact, there are basically two types of debt – Good one and a Bad One. A Good Debt is one which is used to acquire the Assets (Businesses, Real Estate, Art, Web Properties…etc..) while a Bad Debt is one which is used to acquire Liabilities (Car, Home, Clothes, Travel, Personal Loans, Credit Card Debt…etc..).

Unfortunately, most of the people around the world don’t know the basic difference between the assets and liabilities and that’s why they struggle financially for the rest of their life.

And how they can know the basic difference between assets and liabilities? After all our entire education system doesn’t teach us the difference between the assets and liabilities.

Remember that in 1971, the rules of money have been changed when President Nixon of USA removed the gold standard and the dollar no longer backed by gold. And after that the entire world had removed the gold standard.

Today the central banks and governments from all around the world can print as much money as they want according to the need of the economy. But Do you know that How Rich get access to this newly printed money also known as Hot Money in the sophisticated terms?

Well, by borrowing it from the governments at very low interest rates to acquire assets. Well, Yes. A Good debt is one which is used to acquire assets out of your money.

And by paying off this good debt, the rich get richer than ever. But well, to use the debt in favour of you to get rich, you will need a basic financial knowledge and you must be familiar with various terms.

Don’t Worry. You can Download my FREE eBook My Journey To Billionaire Club: What Rich Teach Their Kids About Money That Poor & Middle Class Don’t?

Just click the above link and download my eBook right now for FREE without any annoying registrations and shoot up your financial IQ by several folds. In my 162 page ebook, I have explained in very detail that what Schools don’t teach you about money. And use the knowledge inside this eBook to get rich in your life.

And yes, Don’t forget to spread this financial awareness to as many people as possible. So that we can see the better future…!!!

The Difference Between Rich and Middle Class

The Difference Between Rich and Middle Class

Do You know that What is the basic difference between the Rich & Middle class?

Well, it is the Difference of Mindset.

Rich are rich and the middle class are middle class because both of them have the different mindset. And from the Rich and Middle Class both develop this specific kind of mindset?

Well, Middle class develop the middle class mindset mainly from SCHOOL and Parents while the rich develop the rich mindset from their rich parents.

Well, Yes. Schools. Schools are the major sources in the world to generate a middle class mindset in the young children. So What is the difference between these two mindsets?

Well, Middle Class mindset is the mind which thinks about following Keywords.

- Go to School

- Work Hard

- Get Good Grades

- Get a Job

- Invest in Pension Plans

- Save Money

- Get Out of Debt

- Do it Yourself

- Never Think of Money

- Business is Risky

- Investment is Risky

The Schools and the middle class parents impart the above keywords in the mind of young children since their childhood and that’s why when these children grow older they can’t think anything other than the above keywords in their mind. And this is the reason why the highly intelligent specialist doctors also search for the jobs when they finish their medical school education.

This is because these doctors are very intelligent but in their sub-conscious minds the above keywords are carved by the school system and the parents. And that’s why even after becoming a specialist doctor they search for the jobs and think to live paycheck to paycheck.

While the Rich mindset is the mind which thinks all the time about the following keywords.

- Financial Statements

- Assets

- Liabilities

- Cashflow

- Good Debt

- Create Jobs

- Business

- Investments

- Leverage

The Rich mind thinks in the above keywords and that’s why over the time they become rich. This is because to understand the game of money, the understanding of the above keywords is very necessary. And without understanding the above keywords, you can’t even think about money.

Unfortunately, the keywords to understand money have been strategically removed from our entire education system by the rich people of the industrial age.

So that the people who attend schools commitedly can’t become rich and work hard to get good grades and find safe secure jobs and live paycheck to paycheck to make the owners of those businesses rich.

Unfortunately, the keywords which are extremely useful to understand money are never ever been taught in schools and by the middle class parents. While Rich people teach their kids the above keywords since their childhood and that’s why the kids of rich people and of course the rich people themselves always think in the financial statements.

So How to learn the keywords of Rich? Well, Believe me if you will never understand and learn the keywords of rich than you will never ever think in the financial statements which is extremely important thing to get rich.

You Can download my FREE eBook – My Journey To Billionaire Club: What Rich Teach Their Kids About Money That Poor & Middle Class Don’t?

This 162 Page eBook is in the PDF Form having 50+ hand drawn diagrams by me. This Information rich eBook contains all the required information and the real financial education to get rich.

I have divided everything that you need to know about money in 6 lessons and 10 Myths. The language is so much simple to understand that even a school going kid can also understand these basic financial lessons.

My eBook is the Education about Money that Schools and most of the parents don’t give their kids while the Rich give. And I am giving it to you for FREE. This is Because I want to spread the Financial Awareness.

So Download my eBook for FREE right now and if you like it than spread this Financial Awareness to as many people as possible. This will be my FEE.

And yes, Please let me know that Weather you like my eBook or not?

Rich Print Shares While Middle Class Buy it Hoping to Get Rich

Rich Print Shares While Middle Class Buy it to Get Rich

The Age old Financial Advise is, Live Below Your Means, Save Money invest in Stocks or Mutual Funds, Diversify and stay invested for the long time horizon say more than 10 years and become financially free.

Unfortunately, This Financial advise doesn’t work for the most of the people and even if it works what about those 10,15 or 20 long years? I mean here you are depending on only one form of Profit and that is Capital Gains and unfortunately, these Capital Gains remain ‘On Paper’ for the most of the parts of your life.

And this form of investing is the risky investing. Rich Invest for Cashflow and Capital Gains both.

So How the Rich play the game of money? Well, by developing a successful business out of scratch, later on taking that business to the public and selling the shares of their companies to literally millions of people, they print their own money in the economy legally.

Now, they are the owners of the publically listed companies so these shares in their own listed companies give them the management control over the company and not only this but also give several other types of income such as Dividends, Bonuses, Remuneration, Salary and many others.

Investing in Mutual Funds & Stocks and holding those stocks and mutual funds for decades is not a bad idea. But What I don’t like about this idea is, these are just the Capital Gains profits so you can’t enjoy it unless you sell your stocks and mutual fund units.

While Rich can enjoy their investments because they invest for both the capital gains and cashflow. So as long as they own the asset, they will have a steady cashflow income which they can spend like anything.

In my eBook – My Journey To Billionaire Club: What Rich Teach Their Kids About Money That Poor & Middle Class Don’t?, I have explained in a great and accurate detail that how rich take their businesses to the public and selling the shares of their companies become billionaires.

My eBook is 100% FREE for Download and without any annoying registrations. You just have to click the above link and you will be redirected to the Download page.

Read my eBook and take the Real Financial Education. Learn from my eBook that How rich people think about money and play the game of Money?

And yes, If you like my eBook, spread this financial awareness to as many people as possible.

Why To Build Passive Income Rather Than Working Hard for Active Income?

Why To Build Passive Income Rather Than Working Hard for Active Income?

Do You know that Rich & Middle Class both work hard. In fact, everybody in this world work hard. Even Warren Buffet the legendary Investor and World’s Third Richest person according to Forbes also works hard at his 80 years of age (As of 2010).

But there is a huge difference in working hard between rich and middle class. Basically Middle class work hard for the Hard Earned Income also known as Active Income while the Rich work hard for the Passive Income.

Understanding the basic difference between the Active and Passive income makes all the difference.

Active Income means income generated from your hard work. It is the income generated from trading your time in exchange of money such as a job income, second job, over time, part time…etc…

Passive Income means the income generated from your Assets such as the interest income, business income, dividends, royalties…etc..

The main problem with the active income is that you will have to work hard for your entire life to earn that income and the day you stop working behind your that income, you will suddenly loss that income stream.

While the main advantage of the passive income is that, you will have to work hard at once only to develop that income stream and once you do that hard work, your job is over. After that weather you work or not, the money will keep flowing into your bank accounts.

Rich and Middle class both work hard for money but the middle class work hard for the active income while the rich work hard for the passive income.

This is the basic difference between the rich and middle class hard work. This is one of the most important financial lesson that rich teach their kids but the poor and middle class don’t.

You can Download my eBook – My Journey To Billionaire Club: What Rich Teach Their Kids about Money but the Poor and Middle class don’t? right now by clicking this link for FREE without any annoying registrations.

I have given 6 lessons and 10 myths about money that rich teach their kids but the poor and middle class don’t and this is the reason why the kids who receive this financial education become rich ultimately. So download my eBook right now and financially educate yourself right now.

What School Doesn’t Teach You About Money?

What School Doesn’t Teach You About Money?

Have you ever noticed that during the entire school life your school has never taught you about about money? In fact, many of you may not even know the fact that the money is the entirely different subject just like any other subject and without learning this subject, you can not master the game of money and become rich and financially free.

Well, Yes. This is true. To understand the game of money you MUST be familiar with the terminology of the Money which is used to understand money very well such as Financial Statements, Assets, Liabilities, Cashflow, Good Debt, Bad Debt, Passive Income, Active Income, The Corporate Structure…etc..

These are the terminologies of money that you must understand before you play the game of money. But unfortunately, our school doesn’t teach us this terminologies that rich teach their kids since their childhood.

And Why School teach you these terminologies?

After all, our entire Education System is designed by the rich people of the Industrial age to create employees and self-employees who can work hard and run the businesses owned by rich.

Well, Yes. This is true. Our Entire Education System was designed by the Industrialists of the Industrial Age who have strategically removed the terminologies to understand money from our school system and that’s why we can’t understand or even think of money.

Whenever somebody discuss about money, Business & Investments most of the people have blank face. This is because they simply can’t understand these words.

So What I want to tell you here is that, if you want to become rich in your life than first of all install these terminology in your mind. So that your mind starts thinking about money.

You can Download my eBook My Journey To Billionaire Club: What Rich Teach Their Kids About Money that Poor & Middle Class Don’t? for FREE right now from this link.

In my book, I have given 6 basic lessons about Money that you have to master to understand the terminology of money. In my eBook, I have explained all the terminologies about money that the school won’t teach you. So Download this eBook and learn the lessons on Money that rich teach their kids about money but the poor and middle class don’t?

How Rich Print Their Own Money Legally?

How Rich Print Their Own Money Legally?

Do you know that Billionaires (Ultra-Rich) print their own money and that is also legally?

Well, yes. All the Forbes Billionaires are not the billionaires because they have earned billions of dollars. But they are billionaires because they have print billions of dollars out of thin air in the economy and that is also legally.

Thus, you can not become ultra-rich without printing your own money legally.

So How these Billionaires print their own money in the economy and that is also 100% Legally?

Well, by developing a successful business and later on taking that business to the public. By taking their business to the public and listing their business on the various stock exchanges and selling the shares of their business to literally millions of people, they print this much amount of new wealth in the economy legally.

In short, the Billionaires are not just the wealth builders but they are the wealth creators also. They Create new wealth in the economy by using the power of the corporate structure.

The Billionaires have different set of mindset. They are financially well educated even though they are school or college drop outs. And that’s why they play the game of money by using the power of the corporate structure.

Unfortunately, this power of the corporate structure is not being taught to us in the school or colleges. But well, This is the real financial education that anyone needs to become financially free and ultra-rich.

So Why Schools don’t teach us the real Financial Education?

Well, This is because the Schools want you to become employees and self-employees only who work hard in the businesses of the rich people to make them richer and that’s why strategically this kind of real financial education is not being taught in the schools and colleges.

If you want to take this real financial knowledge about money that the rich teach their kids only than Download my eBook – My Journey To Billionaire Club: What Rich Teach Their Kids About Money that Poor & Middle Class Don’t?

Don’t Worry. It’s 100% FREE. I won’t ask you for any type of credit card or paypal payments or annoying registrations. Just click the above link and you will be redirected to the Download link page. I am in the Business of spreading Financial Awareness and not in the business of selling you something.

In my eBook, I have given 6 basic lessons on money that rich teach only to their kids and nobody else and 10 Commonest Myths about Money. One of the lesson (Lesson 6) is the power of the corporate structure. So Download my eBook and get the real financial education.

An yes, Don’t forget to spread the financial awareness and if you like my eBook than let me know…!!!

How Rich Protect Their Assets?

How Rich Protect Their Assets?

Middle class and High Income Individuals (Doctors & Lawyers) own everything in their own names and that’s why during the time of divorce, sue & other lawsuits they lose the control over their assets.

While Rich Don’t own any assets in their own name and that’s why the rich are protected from such kind of lawsuits.

The basic difference between the rich and everyone else is that the rich are financially sound. The rich have high level of TRUE Financial knowledge that the poor and middle class don’t have.

So How Rich own something by not having it in their own names? Well, it’s simple. They own everything in the name of their companies.

Rich own their all the assets in the name of their companies and that’s why during the time of lawsuits, their companies stand as a separate entity and protect all of the assets of rich.

While Middle class and High Income individuals don’t have any knowledge of the power of the corporate structure. This is because such kind of financial knowledge is no where available in the schools.

This is the true financial education that only rich give their kids mouth to mouth during their school time while poor and middle class don’t.

But to understand the power of the corporate structure, you will need to understand the basic words like financial statement, assets, liabilities, passive income, active income, cashflow and many other things.

Unfortunately, the real financial education is nowhere available on the internet or in the real world and that’s why I have write my own eBook on this.

You can download my eBook – My Journey To Billionaire Club: What Rich Teach Their Kids about money that Poor & Middle class Don’t?

Don’t Worry. My eBook is 100% FREE. You won’t be ask to make any kind of payments or annoying registrations to download my eBook. Just follow the above link and within a split of seconds you will be able to download my eBook.

In my eBook, I have given 6 basic lessons and 10 Commonest Myths about money that the rich teach their kids but the poor and middle class don’t. So learn these lessons on money and also teach your children these lessons.

And yes, Don’t forget to spread this Financial Awareness…!!!

PPF Saving Scheme is Worthless Now

PPF Saving Scheme is Worthless Now – Savers are Losers Now

PPF is one of the most widely used saving scheme in India which offers guaranteed 8.5% annual returns and tax benefits. In fact, there is a common propaganda that everyone should invest up to Rs.70k every year in the PPF Scheme because of its long term benefits and returns after several years.

In fact, Saving your Money in PPF is the most widely used financial advise by the financial planners, bloggers and finance gurus in India.

But Do you know that, the Rules of Money have been changed now?

Today, the reality is that, Investing in PPF can actually hurt your money? Well, Yes. Today if you invest your money in the PPF than after 1 year you will be poorer than today and not rich even if you earn 8.5% interest on your invested money.

This is because the inflation rate is 14% in India (In July 2010) right now and the average annual inflation rate in India is 10.50%. Thus, actually you are earning – 2% returns on your PPF returns.

Thus, if you invest 100 rupees in PPF than it means that you are actually loosing 2 rupees annually on it even though you are earning 8.5 rupees of interest on it. Because the average inflation is 10.5% which is eroding the purchasing power of your money.

The Government assures us that, it will control the Inflation very soon. But well, its not possible because the US Government is printing dollars like hell which is diluting the purchasing power of the existing money in the circulation by causing uncontrolled inflation affecting the developing economies also.

Thus, Today Investing in PPF is the Most Dangerous Personal Finance advise that anyone can give you.

This is because investing in PPF today means investing your money to reduce its purchasing power and nothing else.

So How the Rich play the Game of Money? Well, the Rules of Money have been changed now and the Rich plat the game of money differently. In fact, the rich teach their kids different things about money that the poor and middle class don’t.

Recently I have published an eBook about these new rules of money. You can Download it right now for FREE and learn these new lessons on Money. Here is the Download Link.

My Journey To Billionaire Club: What Rich Teach Their Kids About Money That Poor & Middle Class Don’t?

Is Business Really a Risky?

Is Business Really a Risky?

I have learned only one thing about business from my school and parents and that is – It is Risky so Don’t do it.

This is all our parents and the entire education system teach us about the businesses. But well, Do you really think that having a business is risky?

Well, I don’t think so. This is because today my schoolmates who had received business from their family are financially more safe and secure than those who have received the knowledge of getting a job from their parents and of course from the school.

In fact, just tell me that today who are more financially safe and secure? – People who own a job or people who own their own business? – Of course the people who own their own business.

Than why our parents and school teach us that business is risky? Well, it is because the school system has been designed in such a manner that it only motivate us and train our minds to do a job. The schools are designed by the rich people of the industrial age in such a manner that it motivates people to do a job so that these employees can run the businesses owned by rich people.

Strategically the financial vocabulary has been removed from the entire education system and that’s why when we hear the words Financial Statement, Assets, Liabilities, Cashflow, Active-Passive Income…etc.., we can’t think or discuss anything about it.

And to play the game of money like rich and to understand the game of money, understanding of these words is very very important. But schools never impart these words in our minds and that’s why our minds can’t think of money.

And Business is a game of money and financial statements. But when we leave our school, we don’t even know that what is financial statement and that’s why for most of us business is risky.

The truth is that – Not having your own Business is Risky.

This is because when you do a job, you have only one client and that is your boss but when you do a business you have thousands of clients – your customers so even one or two clients fire you than also you will make money.

Depending on a job is the extremely risky thing in the modern world. And that’s why I advise people to increase their financial IQ and start their own business.

If you want to start your own business than you will need a right business mindset. You will need to understand the words of money by which you can play the game of money.

Download my FREE eBook My Journey To Billionaire Club: What Rich Teach Their Kids about Money that Poor & Middle Class Don’t?

I am sure that my eBook will boost your financial IQ by several folds and after reading my eBook your mind will start thinking like rich people. I have given 6 basic lessons and 10 Myths about money that rich teach their kids but the poor and middle class don’t. I am sure that the information inside my eBook will surely help you to increase your financial IQ so download it now and learn the basic lessons on money.

And yes, Don’t forget to spread this Financial Awareness to as many people as possible.

How Billionaire Create New Money in the Economy Legally?

How Billionaires Create New Money in the Economy Legally?

Do you know that How Billionaires become Billionaires? You may be surprised by knowing that the Billionaires become billionaires not by earning billions of dollars via their businesses but the billionaires become billionaires by printing billions of new dollars in the economy out of thin air legally….!!!

Surprised????

But well, This is the Truth. All the Forbes Billionaires in this world are basically not the wealth builders but they are in reality the wealth creators.

Bill Gates, the world’s Second Richest Person (Forbes 2010) and the Founder of the Microsoft is a Wealth Creator. He created more than $ 50 Billion by taking his Business Microsoft corporation to the public.

So How the Billionaires create new wealth in the Economy Legally? How Billionaires print their own Money Legally?

Well, It’s easy. By developing a successful business out of scratch and later on taking that business to the public. By selling the shares of their companies to literally millions of people they become billionaires.

To become a billionaire, you will require a different kind of financial education – The Financial education about the power of the Corporate Structure.

The Power of corporate structure is the financial education that only rich people teach their kids but the poor and middle class don’t because they don’t know this type of financial education. For the middle class there is a different kind of financial education and that is – Save Money, Work hard, Live below your means, invest in mutual funds and diversify and retire on the pension plans.

While Ultra-rich (Billionaires) give their children the entirely different type of financial education – The financial education about the Corporate structure.

If properly used, the corporate structure can save lots of tax for you, protect your assets and create new wealth in the economy and make you a billionaire or even multi-billionaire.

So how you can take this financial knowledge of the corporate structure that the rich teach their kids but the middle class don’t?

Well, it’s simple. You can download my FREE eBook – My Journey To Billionaire Club: What Rich Teach Their Kids about Money that Poor & Middle Class Don’t?

Simply click the above download link and download my 162 page eBook having 50+ hand drawn diagrams for FREE without any annoying registrations.

In my eBook, I have given 6 lessons and 10 myths on money and one of the lesson on money (Lesson 6) is the Power of the Corporate Structure. You can learn this and other lessons on money and literally boost your financial IQ by several folds.

All the lessons in my eBook are carefully crafted in such a manner that you will understand the game of money very well. I strongly advise you to teach these financial lessons to your kids so that they can become financially free when they grow young.

How To Become Rich by Working Hard?

How To Become Rich By Working Hard?

Well, Of course it is the common belief among the people that they will become rich by working hard. Well, it is true that anyone can become rich by working hard but unfortunately, the rules of money have been changed now.

So the people who work hard to earn more money (Job, Second Job, Part Time, Over time) can’t become rich and financially free anymore. This is because the modern money is not backed by any gold. And that’s why whenever the government prints new money, it dilutes the purchasing power of your hard earned money by causing inflation. And that’s why trading your time to earn money (Job) won’t make you rich any more.

In fact, if you will work hard to earn more and more money than you will definitely remain middle class or even become poor. After 2007, The US Government has printed literally $ 1.2 Trillion ($ 1200 Billion) out of thin air and pushed it into the economy. Before that the US Monetary base (Money Supply) was just $ 800 Billion.

Right now most of this money is in the bank reserves but when it will enter into the circulation, it will dilute the purchasing power of the existing money in the circulation.

But Do You know that, the Rich also work hard to get rich but not for earning money but something else?

Well, Yes. Rich & Middle class both work hard to get rich. But the Middle class work hard to increase their income while the rich work hard to create and acquire assets and these assets ultimately generate passive income for that.

So once the rich acquire or create the asset (Businesses, Real Estate, Stocks, Bonds..etc..) , after that weather they work or not, the money will keep flowing into their bank accounts.

This is the advantage of having Financial Knowledge. The basic difference between the rich and everyone else is that, the rich think in different way about the money. The rich are more financially educated than everyone else.

If you want to become rich than Download my eBook – My Journey To Billionaire Club: What Rich Teach Their Kids about Money that Poor & Middle Class Don’t?

Don’t worry. The book is FREE for the readers of MJ2BC and you can download it right away by following the above link without any annoying registrations.

In my eBook, I have mentioned in very accurate and brief manner that which are the lessons about money that rich teach their kids but the poor and middle class don’t?

So Download my eBook and shoot up your Financial IQ right now.

A Successful First Week of My eBook

A Successful First Week of My eBook

4th September 2010 (Last Saturday) was the Historical event of this Blog and my life also. This is because I have Published an eBook about basics of Financial Education.

My Journey To Billionaire Club: What Rich Teach Their Kids About Money That Poor & Middle Class Don’t?

You can directly Download this 162 page ebook with 52 Diagrams and 33,000+ Words in the PDF Form from the Following Link

Download Link [PDF – File Size: 13.23 MB]

Right now when I am writing this Article, 133 people from all around the world have downloaded this FREE eBook. Yes, It’s Free. I am not charging anything from you at this particular movement to read this book.

In fact, several Publishers have contacted me to Publish this eBook in the printed version. Because they simply love the Information inside the book. But well, Right now I am busy with my final year study in my Post Graduate Course and that’s why for sometime I am not planning to Publish this eBook in the printed form.

After reading this book, many of the readers have also suggested me to publish this book in the printed form. But well, right now I am not planning to publish this book in the printed form. So the only version of this book which is available is the Digital eBook in the PDF form.

So I advise you to Download and Read your Copy for Free before I change my mind and take it away for the Download. And if you are not planning to read this book right now than also for the future reading, download this eBook for FREE right now.

This is because I have worked very hard to write down this eBook. And I have given 6 basic lessons about money that rich and ultra-rich teach their kids but the poor and middle class don’t.

Basically it is the mindset which makes anyone rich, middle class or poor. It is what you think about money in your mind will make you rich, middle class or poor in the long run.

Rich are rich because they think and play the game of money differently. But to play the game of money like rich, you will need a rich mindset. And unfortunately, the school won’t teach you anything about such kind of mindset. This is because the schools are designed to create employees and not the business owners and investors who are rich actually.

So I Strongly advise you to download and read the information and lessons inside this book so that you can play the game of money like rich.

If you are a regular reader of this Blog and believe in my thoughts than this is a MUST READ BOOK for you. And that’s why to all the readers of this Blog, I am giving this eBook for FREE Right now…..!!!!

So Download this Book in PDF Form and Think like Rich…!!!

Average Time To Get Rich in the Industrial Age

Average Time to Get Rich in the Industrial Age

Before 1990, It was the Industrial Age. And in the Industrial Age it was used to take literally two to three decades to get rich. Well, Yes. This is because it takes lots of human labour work to build a large industrial age infrastructure.

It used to take lots of human labour in the Industrial age to make lots of money. But well, Today is the Information Age. In fact, after 1990, because of the birth of the internet the industrial age gets over and the information age started.

And in the Information age, you can become rich at the speed of light. Well, Yes. This is true. It is because today the entire world is connected with the internet.

Just take the example of Billionaires like Larry Page (Google) who became billionaire at the age of 32 and Mark Zuckerberg (Facebook) who became the world’s youngest self-made billionaire in 2008 at the age of just 24 years only.

The Founders of Amazon, eBay, Microsoft & Apple corporation became billionaires in their thirties. It took just a decade to become a billionaire in the Information Age.

In fact, Mark Zuckerberg of Facebook became billionaire in less than 5 years of time.

Today Industrial Age is over. This is because the new entrepreneur can’t start his own business easily in the industrial age. This is because the Industrial age businesses require huge infrastructure and lots of investments.

And it is almost next to impossible to buy a real estate at lower price in today’s world. And that’s why day by day it is becoming more and more difficult for the start-up entrepreneurs to start their own industrial age business.

You can not start the industrial age business without lots of start-up capital. But well, starting the internet business (Information Age Business) requires very low start-up capital that even a high school going kid can also start his own online business out of scratch with just few hundred dollars of investment.

So This is the power of the information age and starting a business online.

Average Spending by Millionaires in India

Average Spending by Millionaires in India

India is a developing country having 1 Billion (100 Crore) of population. But well, India is a developing country that doesn’t mean that it doesn’t have rich people. India has 50 Billionaires and literally hundreds of thousands of rich people.

Now, the question is that how much the average millionaires spend in India? Well, You will be surprise by knowing that the average millionaires in India spend just 2-4% annually of their total net worth.

It means that the average millionaire having net worth of Rs.5 Crores ($ 1 Million) spends around Rs.10-20 lakhs of their net worth.

In fact, if some true rich has a net worth of Rs.1 Crore than he/she will spend just Rs.2-4 lakhs annually to maintain his/her lifestyle.

Now, this type of figures are really eye staggering. This is because what most of the upper middle class do is, they spend almost 80-100% of their annual income to maintain their lifestyle. Say for Example, I have seen many couples whose combined annual income is around Rs.10 lakhs but they spend almost all of that money to maintain their luxurious lifestyle. And almost nothing goes towards building some serious long term wealth.

If we see the financial statements of these high income individuals than they own little to no assets in their financial statement. This shows the lack of financial education.

These people just look cool and rich because they spend lots of money to buy luxurious cars, mobiles and status toys. But in reality, they are not the rich but they are just the high income individuals who earn a lot to maintain their lifestyle.

If you want to become rich and stay rich in your life than simply spend most of your hard earned money to acquire assets (Stocks, Bonds, Gold, Real Estate, Businesses, Mutual Funds…etc..). This is because the assets can make you rich and not the high income.

So start focusing on building more assets. The advantages of accumulating assets is that, over the time your assets will start generating passive income for you on which you can live even if you stop working.

Asset Protection from Divorce in India

Asset Protection from Divorce in India

Rich always think of 2 things. One is growing their assets and the second is protection their assets from un eventful events such as Divorce, Lawsuits or even Jail. Asset protection is a very important thing that you should think of in your life.

Recently, Tiger Woods end up paying his half of the fortune to his wife who filed a lawsuit for a divorce. According to laws, your aseets before your marrige does not count for the division during the divorce. Also the assets which you don’t own by your name don’t count for the divorce.

Say for Example, whatever you own in the name of your company or a family business does not account for divorce. However, your joint account with your wife and the investments that you have done in the joint holding with your wife account for the division.

And this is the reason, Rich people does not own anything in their names. They own everything in the name of their companies. And that’s why during the time of divorce and other legal lawsuits, their companies stand as the independent entity which protect their assets from the divorce.

The other way to protect your asset from the divorce is Trusts. You can open a Family Trust for your children and put your assets in the Trust. So during the time of Divorce, your child does not suffer. Because your spouse can not claim the Assets of a Trust.

Protection your online Business is also very important from various lawsuits. Lern here, how you can protect your Online Business from such kind of events – Visit to Protect Your Online Assets and you will learn how you can protect your online assets from such kind of lawsuits.