September 19, 2016

If I’d never read ‘Rich Dad, Poor Dad’ by Robert Kiyosaki, my outlook on life would be so different. I’d still believe that the job I have should go to support my lifestyle, and that any budgeting I do should be for the purchase of my next toy, like a jet-ski or a motorbike. No way, not me, not now… here’s why.

I’d never been much of a finance or business oriented person – I was always more interested in history. But what I know now wasn’t really taught in schools anyway. Schools teach kids to be workers – it’s blunt but it’s absolutely true. The school system is not designed to make us all comfortably well off. It’s designed to benefit rich industrialists. Having a job is not freedom, it’s not certainty, it most likely won’t make you wealthy, and odds are it won’t help you fulfill your dreams for the future.

These sort of ideas are promoted by Robert Kiyosaki in ‘Rich Dad, Poor Dad’, and they really speak to me. He tells the story of having been brought up with two father figures giving him conflicting advice. The two also came from different backgrounds, and were going different places. The examples used in the book illustrate Kiyosaki’s points perfectly. It’s such a well written, well rounded text, it should be mandatory reading in all schools.

Kiyosaki turns concepts of finance and assets upside down. Let me give you an example. Kiyosaki believes- and I do too now that I’ve read his explanation – that the house you live in is not an asset, it’s a liability. The conventional thought is that your home is something that features large on the assets column, but Kiyosaki disagrees. This is because of the amount of money you pay for it.

Let’s say for example that your home is worth $300,000. Your mortgage on the home… well what you pay per week will change depending on your financial institution. But over a 30 year loan term you’ll end up paying almost $600,000 for your $300,000 home. And that doesn’t even take rates, maintenance, repairs and other ongoing costs into account.

There are legitimate ways to make that gloom and doom scenario much brighter – and they’re legal.

Similarly with the stock market: the general consensus is that you need serious cash outlay to be a big player on the stock market – well let me tell you now that’s just not true. You’re not looking in the right place, and I’m not talking hot stock tips here. There are tried and true ways of making ongoing income from the stock market that don’t involve outlaying large amounts of money.

That’s all legal too – and practically anyone can do it.

The thing that astounds me about Robert Kiyosaki’s book is that the ideas and concepts are explained so plainly, and the most complex of notions is clearly laid out for interested persons or all levels of investment knowledge to be able …

IMVU is a free social network set in a spectacular virtual 3D world. The members can meet new people and hang out with their friends in animated 3D environments. They can also design their own custom avatars and equip them with different clothes and accessories. Most of the coolest items out there are not free – they cost credits to buy. IMVU credits can be acquired either from various free promotions, or by buying them for real cash. Credits are the virtual currency used everywhere in the IMVU world.

Now that we’ve established that IMVU users spend credits (and in turn, real cash) on various nifty virtual items, you should know that the opposite is also true – members can make money on IMVU by selling various 3D designs on the site marketplace, and earning IMVU credits this way. It’s a great opportunity for people with graphics design skills to get some additional income. IMVU uses Cal3D library for designing the 3D items.

Anyone can use the Content Creation program on IMVU. The only requirement is a small initial credits investment to cover the submission fees to the IMVU product catalog. If you create something that becomes really popular, you can earn lots of credits over a short period of time. That includes items people use to enhance the look of their avatar, and 3D environment designs for the chat rooms.

You might wonder how earning IMVU credits translates into making money. The thing is, IMVU allows converting their credits to real cash. There is a number of third party services that both sell and buy credits. If you have a lot of credits available, you can sell them to one of those merchants for real money in your PayPal account. In this regard, IMVU is similar to Second Life which also allows selling and buying of their virtual currency for real world money.…