Lessons in leveredge

MAGIC MONEY!

Hi again,

I have just started reading another Robert kiyosaki book "Rich Dad's Retire Young, Retire Rich".

The main focus in this book is the use of leverage- if you are working harder and harder- then you are part of someone else's leverage and not using it to your advantage.

So, what's leverage?
It is using your assets in a way that gives you maximum advantage- much as using a pole to roll something heavy or using a pulley to lift something. Money can be used in this way, too. If you use money badly, you become the one being moved by the lever.

Money is not your only asset to use for leverage- your mind, time and health can, too. I like to to environmentally aware and grow some of my own food- and I see many parallels between good financial strategy and growing crops and gardening. You can spend hours digging and bending over preparing the ground- or, you can build a raised bed so that your crops will produce earlier, the slugs will find it more difficult to find your plants and you wont have to bend over much to tend your crops.

I feel that the principle of leverage can be used in many ways- you can lever your time, say, by listening to audio books whilst on a long journey. You can use spare moments to scribble down ideas for businesses or marketing. You can lever your health by making all or part of your journey to work by walking or cycling (with added cost and environmental benefits).

How about levering your kindness? How can you produce more kindness with the same effort? Can you introduce people who need company? Can you send positive messages by email?

As Robert says, when you start to look around you'll see more and more ways you could use leverage, obviously, this blog is about generating income, however, there are other forms of wealth that could benefit- family, friends, your time, health and happiness- how can this be levered? Could you find time to listen to your favourate music or comedian?

So, instead of trying to push that rock- find yourself a lever!