Whenever you have figured out how to take care of issues and bring in some cash, the following thing you need to do is to shield that cash from what Robert Kiyosaki calls “monetary hunters”. Certifiable hunters don’t generally look like it. Once in a while, they are standard individuals with benevolent aims. Their responsibility is to “legitimately” take cash from your pocket…and your responsibility is to “lawfully” have them take as little as could be expected.
As indicated by the book, there are 7 monetary hunters you need to shield your cash from. They are:
Civil servants who legitimately take cash from you through “charges”
Duties are your single biggest cost
Realize which sort of pay you’re bringing in cash from and making good on in charges
Acquired Income – compensation, commission, and so on
Portfolio Income – pay from paper resources like interests, profits, and so forth
Easy revenue – sovereignties, rental pay from land, permitting, and so forth
Financiers who lawfully take cash from you through “charges”
Banks and Visa organizations accuse you of a wide range of expenses, some of them you or your organization probably won’t know about
For each dollar you have in the bank, the bank can loan out twenty dollars to your Visa. The bank pays you 5% for one dollar and makes 20% on twenty dollars. That is the way banks bring in cash.
Intermediaries who lawfully take cash from you through “commissions”
Search for agents who are understudies of their calling and put resources into what they sell
For land merchants, ask them the number of properties they are put resources into.
For stock specialists, ask them which stocks they actually put resources into.
“Great” representatives make you rich, “terrible” dealers make you poor. Construct a relationship with “great” agents.
Organizations who lawfully take cash from you through “benefits”
Purchase items that make you rich
Needy individuals purchase items that make them poor, paying them for quite a long time with an extremely exorbitant financing cost
Ladies and Beaus who legitimately take cash from you through “divorce settlement/conjugal resource split”
Get a prenuptial arrangement before you wed
Think about your leave plan before you go into the understanding
Brothers by marriage who lawfully take cash from you through Royalty and specialist protection
Counsel a home arranging expert to design your exit
Utilize lawful vehicles like wills and trusts to shield your abundance from death hunters
Lawyers who legitimately take cash from you through “court and lawful charges”
Hold resources of significant worth in lawful substances rather than your own name
You should purchase protection before you need it…not the second you need it.