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Best of Kim Kiyosaki 2021
Top entrepreneurship, real estate, and personal finance blogs of 2021
December 24, 2021
After the roller-coaster ride of 2020, we were all hoping that 2021 would bring the return to normalcy we so desperately craved. While that didn’t quite pan out, this year did bring new opportunities and many changes to the business landscape. From a new administration taking the helm to the great resignation felt across businesses nationwide, this year didn’t skimp on ups and downs — much like every year that’s come before.
Once again, I think we’re all excited to flip the calendar to 2022 for a fresh start. But before we do so, let’s take a look back at the top posts I wrote for the Rich Dad blog over this year — there’s some really good information within these posts that I don’t want you to miss out on, and I know they’ll help you on your journey toward financial freedom in the coming year.
Entrepreneurship
5 Side Hustle Ideas (Before You Quit Your Job)
The side gig economy continued to boom in 2021, especially in light of so many Americans losing their jobs and needing to think differently about how they paid their bills. Some folks had to start from the ground up during the most volatile economy we’ve had in years (and still succeeded!), while others already had a side gig established and merely expanded upon it. If you’d like to put yourself in a better financial position for 2022, one of these five side hustle ideas could turn you into your own boss — an enviable position in this day and age.
The Most Successful Business System for Millennials
Millennials are finding it difficult to earn more than their parents did at their age, which means they may be losing out on their chance to attain the “American Dream.” It’s clear that the next generation desperately needs a new financial plan — one that works for our modern lifestyle. Instead of trying to climb the corporate ladder, millennials who want to reach their financial dreams must shift their position in the CASHFLOW® Quadrant to become business owners and investors. Without a doubt, it’s their most promising path to success.
3 Entrepreneurial Characteristics Required to Achieve Success
Contrary to popular belief, success doesn’t only come from a fancy degree or having the “right” pedigree. It comes from having the right mindset — especially if you’re an entrepreneur. But if you spent any time in Corporate America, you may still be thinking like an employee. Once you understand these three important entrepreneurial characteristics, you’ll begin to think about your money and opportunities differently, too.
Real Estate
Real Estate Market Predictions for 2021
What a wild ride real estate was in 2021! At the beginning of this year, still in the throes of COVID, I accurately predicted things like record-breaking low mortgage rates, a shortage on real estate inventory, suburbs growing in popularity because of the Great Resignation, and what a great rental market it would be. Jog your memory by re-reading this blog, and then take special note of the many resources I include on how to get started in real estate yourself. There’s no time like the present!
Why Real Estate? Cash Flow!
If you aren’t familiar with how cash flow works, then you’re missing out on the single biggest reason to get involved with real estate investing! Wouldn’t you like to have passive income that just flows into your bank account every month? Yes of course, because it’s the key to building infinite wealth. This blog will show you exactly how the real estate domino effect works and how it paves the way for you to reach financial freedom.
3 Definitive Steps to Get Started in Real Estate Investing
It’s easy to get caught up in all the excuses about why real estate investing might not be for you — but what if it is? And what if you’re missing out based on some preconceived notions of the industry or self-limiting beliefs that are holding you back from success? Take your first steps toward investing in real estate with the info provided in this blog, plus get your free copy of How to Buy Your First Investment Property and get free, on-demand access to our exclusive online event (in it, Robert and I reveal how we built our real estate fortune). These tools are priceless and they’re yours for free!
How to Invest Using Other People’s Money
Oh yes, this is it. The holy grail of real estate investing — learning how to do so using Other People’s Money (OPM) instead of your own! That’s right: If you understand all the rules to raising capital, you’ll never have to spend a single penny of your own money in the process. No, it’s not too good to be true. It’s one of the cornerstones of the Rich Dad philosophy — and this blog spills all my secrets!
Personal Finance
Millennial Money: Saving vs Investing
If you grew up the way I did, you were probably taught all about the importance of saving money. Too bad, as it’s terrible advice. No, I’m not bashing your parents — they were dispensing the same advice their parents had told them. They thought they were teaching you a valuable life lesson. Unfortunately, they were wrong. This popular blog is an eye-opening guide to thinking differently about saving versus investing.
4 Stupid Things People Say About Money That Keeps Them Poor
I’m constantly surprised by the incorrect beliefs about money that just fly out of people’s mouths on a daily basis. Living in abundance is up to you, but it’s impossible to achieve that if you are trapped in a scarcity mindset, constantly complain about your finances, or dismiss money as something you don’t need. Learn how a fundamental shift in your views could help you achieve financial freedom.
5 Reasons Why You Aren’t Rich (Yet)
If you find yourself constantly wondering why you aren’t rich yet, it’s time to take a good, hard look in the mirror. Why? Because it might not be something you’re doing, but something you’re feeling that’s holding you back. This blog will help you discover the five questions to ask yourself to discover why you aren’t rich yet and also provides three steps to changing your mindset — I promise, doing so will change your life!
Always Pay Yourself First
When you receive a paycheck, who do you pay first? If you’re like most Americans, you’re probably paying everyone else first — your rent/mortgage, groceries, utilities, car payment, insurance, etc. Then, once you’re done paying all those bills, you put whatever you have left into savings. Well, that’s the classic “paying yourself last” scenario and it’s a big mistake. Read on to discover why paying yourself first is the better route, even if you have debt!
How to Read Your Personal Financial Statement
Do numbers make your eyes glaze over? Do you find them intimidating? If you ever want to achieve financial freedom, then it’s crucial to understand the basic numbers that go into your personal financial statement — things like an income, expenses, assets and liabilities. Instead of focusing on the math, I’ll show you how to look at each number as a clue that helps you make important decisions about investment opportunities and your financial journey.
Original publish date:
December 24, 2021