Robert Kiyosaki

Rich Dad Poor Dad for Teens

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Dami Omolehas quoted3 years ago
in addition to the monthly mortgage payment for the building, such as maintenance or security people. This expense number would be subtracted from the monthly income. What kind of profit do you think the owner is making? Is it a good one? If you know someone in the building, ask if the owner is seen on the property much. How do you think the owner spends his or her time?
Dami Omolehas quoted3 years ago
The next time you’re in an apartment building, do a little math. Look at the mailboxes and count how many apartments you think are in the building. Then, estimate how much the average tenant pays per month to live there. Multiply the two numbers to see roughly what kind of monthly income the owner is getting. Then, look around and think about the expenses the owner might have
Dami Omolehas quoted3 years ago
Ask your parents if they can take you to a stockbrokerage firm. It’ll be best if they can prearrange the visit with a broker who is willing to talk to you about the different types of investments and their return rates. Your parents may even allow you to open an account.
Dami Omolehas quoted3 years ago
Rich Kid Smart Kid
We also developed a website for kids with four mini-games (at RichKidSmartKid.com) that teaches about profit, debt, money management, assets, and the importance of giving back through charity. You can select games from different age categories (kindergarten through high school) for a great review of all the concepts from this book
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