We know by now from Robert Kiyosaki that to be financially free, we have to build up our passive income to a point where it is greater than our monthly expenses and liability.

There are many forms of passive income generating imvestment, but one of the most common one is to invest into stocks. Majority of us invest into stocks to get captial gain by buying and selling at a profit. In recent times, people begin to not only invest into good stocks which will rise in price, they also begin to look for those stocks that can give good dividends as well. The reasoning is that with good dividends being payout, the risk of your investment is reduced.

To invest into dividends stocks, read these 6 secrets of dividends investing.

You might have played Cashflow 101 game and are getting pretty good at it.
Now, how about moving to the next challenging stage. Play the Cashflow 202 game.

Robert Kiyosaki in the video explained about the difficulty of Cashflow 202 game as compared to Cashflow 101 game.

Robert Kiyosaki stated that finanical literacy is the key to financial freedom. However, for woman, the level of financial knowledge seems to be lower than that of men.

Why so? Maybe it's because woman tends to rely on husbands to handle the financials and investments. But woman needs to understand that it is their own personal responsiblity to take charge of their own financial goals as well.

Read more at this article.

Robert Kiyosaki said to be financially successful, you need to be an investor and let money work hard for you. But what kind of an investor are you? Do you go for high returns which carry high risk or you rather go with low risk with lower return, thus taking longer to reach your goal?

How you invest is dependent on what is your risk tolerance level.

Read how you should evaluate your risk level while investing here.

Robert Kiyosaki and Donald Trump co-authored the book "Why We Want You To Be Rich".

Both of them appeared on the CBS News to discuss why they get together to write this book and what is the message in the book which they are trying to convey.

View the CBS News video to see what they said.

Robert Kiyosaki warned about having too much bad debt, such as credit card debt.
If you incurred credit card debt, would you take extreme measures to clear off the debt?

Read how one 26 year-old student lives in a truck for 19 months to clear off his $10,000 credit card debt!

I have always been told that mutual funds are low risk investments and are better long term investments as they are lower in risk as compared to stock markets.

Robert Kiyosaki however, thinks otherwise. Robert Kiyosaki claimed that mutual funds are lousy long term investments and he would prefer index funds over mutual finds.

Here his explanation on why he is staying away from mutual funds.

Robert Kiyosaki made a bold claim that the current financial state in the society is brought about by politicians. He even suggested that the education system did not teach financial knowledge because they did not want the general population to find out the empty promises which the politicans made previously!

Watch this video clip where Robert Kiyosaki explained in details!

As the saying goes "Like father, like son". Your habits sometimes has influence on the habits of your children. Same goes for financial habits.

If you are like Robert Kiyosaki's Rich Dad, you will be able to pass on good financial habits to your children. Likewise, if you have bad financial habits, your children might get influence and learn the bad financial habits from you.

This blog post highlighted this point and supported the claim with a report from England on the bad credit habits of its younger generation.

Robert Kiyosaki and Donald Trump co-authored a book called "Why We Want You to be Rich".
It has hit the bookstore and has been selling very well. I believe that it was on the #1 Bestseller list as well.

I have not read the book, but USA Today has an article which review about the book.

Do you need to have a great sum of money to invest? Some think so. They think that investment means having at least 50 thousands to invest.

Here's an story of how a 8 years old crafted out a simple and winning portfolio with his gift money.

If he can do it, so can you. Get started now.

Do you find learning the financial knowledge boring and uninteresting?
Do you find reading books like Robert Kiyosaki's Rich Dad, Poor Dad boring as well?

How about learning the financial and investing in a more interesting way?

Here's an interesting way where you can learn about money and investing. Both suitable for kids and adults.

The motivation behind Robert Kiyoskai to write his series of "Rich Dad"'s book is the concern he had about the lack of financial knowledge among the general population in the US.

However, the finance literacy problem is only pervalent in the US. In fact, it is a problem worldwide. An Australian news portal reported that Australian's financial plan is to win the lottery and putting money in a money jar under the bed!

Read what most Australian would also do with the money they have for investing.

You are an enmployee. You are holding a job but you often dream of starting up your own business. You are likely to question yourself: "Do I have enough experience"?

Read here whether you really need to have enough experience to venture out on your own or not.

Robert Kiyosaki and Donald Trump recently co-authored a new book called "Why We Want You To Be Rich".

Here's a video of an interview of Robert Kiyosaki and Donald Trump where they talked about why they came together to write this new book.

Some people are wealthy because they inherited a fortune.

However, do you know that Alfred Nobel, the great scientist who established the Nobel Prize, was against leaving a great sum of money for the next generation? It is precisely for this reason that he establish the Nobel Prize instead.

His argument is that if the next generation inherited a fortune, they will get lazy!
However, the author of this post highlighted that the root cause of this problem.

When you talked about someone being poor, you will imagine that they live in a small apartment with very little furnitures and items.

However, study has shown that those who are living at the edge of the poverty line possess quite a number of stuffs like air-conditioning, colour TV, iPods etc. They did not give others the impression that are poor.

They have materials stuffs but in term of financial terms, they are poor. Read more of this new definition of poor here.

An interesting article called "If You are broke, blame it on your ancestors!".
It talks about how some families can be wealthy and some families can be broke for generation.
The reason is because the rich acquired the knowledge of building wealth and they passed the knowledge from one generation to another generation.

Robert Kiyosaki mentioned that there are 3 different assets class.
1. Business
2. Real Estate
3. Paper assets

So which one is better than the other.

Robert Kiyosaki give his explanation on the pros and cons of these 3 asset class in this Cashflow 101 video.

Part 2 of the articles that talks about the 10 tactics that you can use to make your selling process easier and more effective.

Next time when you have the chance to do some selling, why don't try them out and see if they make a difference to your selling.

Robert Kiyosaki was advised by his Rich Dad to take a job that does selling when he left the Marines Corps. His Rich Dad understood the importance of selling skills and see that Robert Kiyosaki needs that skill to become successful.

Robert Kiyosaki took his Rich Dad's advice and took up a salesman job at Xerox company. He wasn't very good at selling at the start and was the worst salesman in the company for the first 2 years. Gradually, he learnt the skill and improved on his salesmanship.

Like Robert Kiyosaki, most of us or at least it is true for me, find that selling is not an easy task. However, there are some rules and tactics which can the selling process easier.

Here are 10 tatcics which can make the selling process more effective.

In Robert Kiyosaki's eye, one of the strength of a true investor is the ability to see things differently from the others. Taking the example of bad news affecting the market, most investors will be running away from the market (selling etc), but the true investor will instead be looking forward for such situation.

In times of bad news affecting the market, the reaction is mostly emotional and the true investor will be buying at a lower price and then wait for the market to rebound back and sell off for a tidy sum of profit.

Read how Robert Kiyosaki explains this in details here.

Robert Kiyosaki in his "Rich Dad, Poor Dad" book taught us that to be rich, we have to be an investor, by investing into opportunities that can generate passive income.

The most commonly known form of investment is cash investment, and they are various cash investment vehicles available in the market. This article summarizes the various cash investment vehicles and their risk level.

Robert Kiyosaki explained in this cashflow 101 video clip the 3 different assets class:

• Business
• Real Esatate
• Paper Assets

Which one do you favour?

Robert Kiyosaki's "Rich Dad, Poor Dad" taught us that one of the key to attain and building your financial success is knowing what the rich has known all along. Knowing the power of leverage. Knowing how to use other people's time and other people's money to attain their financial goal.

Read how the rich learnt to leverage on other people's time and other people's money.

Robert Kiyosaki said that financial literacy is the key to achieving your financial success. The lack of it not only make it difficult for you to achieve your goal, it can sometimes cost you too.

An Afrcian newspaper reported that crooked debt collectors and attroneys are preying on those financially illiterate.

Robert Kiyosaki mentioned that doodads are things that make people broke. People do not understand what is a doodad and classify it as an asset while in actual fact, it is a liability.

View this video where Robert Kiyosaki talked about the Doodads space in the Cashflow game.

Most financial advisors found that the real financial problem people have is their money habits. These people fail to see the real problem and think that not having enough income is the issue.

Read what Lanre Oyetade have to say about money habits here.

If you have just met a new person, how could you guess which Robert Kiyosaki's Cashflow Quadrant that person belongs to, without specifically asking about it.

Here's how you can tell by listening to the kind of words the person use.

If you have not played Robert Kiyosaki's Cashflow 101 board game before, this is the list of the various boxes in the Rat Race track:
- Paycheck
- Downsized
- Baby
- Doodads
- Opportunity
- The Market
- Charity

Find out what does each of these boxes mean and do in the Rat Race track.

How do you define being rich?
Is it owning a lot of money, a big house or a big car?

Or is it like someone who said that being rich is getting out of bed when you finished sleeping.

In fact, this statement is quite close to what Robert Kiyosaki's definition.

Find out why it is similar here.