Financial Education

AEONIAN LEARNING
Mar 13
3 min read

Those who wish to create an online sales business should think based on some financial theory and then take into account the useful and necessary terminology of digital marketing in order to understand what they are studying.

Selected from our Blog in the first phase is the well-known to many, Financial Education by Robert Kiyosaki:

Financial education is the foundation for transforming your life!

Robert Kiyosaki is known for his approach to financial education, mainly through his book "Rich Dad, Poor Dad." Here are some key recommendations for financial education, based on his philosophy:

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1. Understand the difference between Active and Passive Income

Active is anything that puts money in your pocket. For example, a property you rent out or an investment that generates income.

Passive is anything that takes money away from you. For example, an expensive car that requires a lot of expenses.

Suggestion: Focus on acquiring active instead of passive.

2. Work to learn, not just to get paid

According to Kiyosaki, most people work just for their salary, but that limits them.

Suggestion: Learn new skills, such as how to manage money, invest, or start your own business. This knowledge will bring you more freedom in the long term.

3. Build multiple sources of income

Don’t rely solely on your salary. Create other sources, such as investments, rents, or online businesses.

Suggestion: Start even with small amounts, like saving a portion of your salary to invest in something small.

4. Emphasize financial education

Kiyosaki emphasizes that school rarely teaches us how to manage money.

Suggestion: Read books, attend seminars, and learn how money works. To start, read "Rich Dad Poor Dad".

5. Don’t be afraid of risks, learn to manage them

Life has risks, but if you have knowledge, you can control them.

Suggestion: Start with small investments and learn how to evaluate risks before making big decisions.

6. Make your money work for you

The rich don’t work hard for money. Instead, they make their money work.

Suggestion: Invest in things that generate passive income, such as stocks, real estate, or a business.

7. Save and invest wisely

Saving is important, but investing is what takes you forward.

Suggestion: Set a goal to save 10-20% of your income each month and learn how to invest it properly.

8. Create a financial plan

Suggestion: Create a budget that includes savings, investments, and your basic expenses.

9. Network with knowledgeable people

Hang out with people who have financial success and learn from them.

Suggestion: Join financial forums or groups that share ideas for financial freedom.

10. Don’t work just for money – create value

Successful people think about how to create value for others.

Suggestion: Find ways to solve other people's problems or offer something useful. This can turn into a profitable business.

The Quadrants of Wealth is a key concept from Kiyosaki in his book "The Cashflow Quadrant". They show the different ways people make money. There are four types:

1. Employee (Employee – Ε)

This includes those who work for someone else and get paid a salary.

Example: You work at a company and get paid hourly or monthly.

Problem: You depend on the salary and don’t have financial freedom.

2. Self-Employed (Self-Employed – Α)

This includes those who work for themselves. They have more autonomy, but the work depends 100% on them.

Example: Doctor, lawyer, or small business owner.

Problem: If you don’t work, you don’t have income.

3. Business Owner (Business Owner – ΕΠ)

This includes those who have a business that operates without their physical presence being necessary.

Example: You have a team that runs your company.

Advantage: The system works for you, so you have more time and freedom.