Wednesday, November 12, 2008

Investment Properties Put Your Money Work For You

When it comes to thinking about money, people always seem to fall into one of two camps: first, there are the so-called "workaholics," employees who are so dedicated to their jobs that they are more than willing to work overtime, bring business home with them, and sometimes even give their families short shrift when the office demands it. On the other hand you have the "slackers," who see the workaholic lifestyle as needless drudgery and have themselves convinced that money isn't all that important anyways.

One person who most certainly does have money is Robert Kiyosaki, and in one of his books, "Cash Flow Quadrant," Anyone who says money isn't important obviously has not been without it long,"

He knows because he has been in both situations. For several weeks in 1985, he and his wife were so destitute, they were actually forced to live in their car, after which they moved into a friend's basement for nearly a year. They took only odd jobs, because wealth, not job security, was what they were after.

Four years later, they were millionaires.

Money is definitely a crucial thing, but it's not important simply for its own sake. This is what many people fail to consider when rushing into high-paying jobs; although these careers will make you money, are they really worth the stress, and the pain being separated from your loved ones for extended periods of time. Yes, money is important, but only to the extent that it lets you live the life you really want to live.

No job will ever give you more time to spend with your friends and family. Your work, especially if it's important, high-paying work, will always force you to juggle your priorities.

Everyone sees the Catch 22, worrying that if they spend the time working to make enough money to do the things they want to do, they won't have time to do those things. That is true. Working is not the answer. Making your money work, preferably in a solid investment like real estate, is the answer.

Kiyosaki seen been at that crossroads himself. "Money is important, but I did not want to spend my life working for it," he says in his Rich Dad series. Luckily he had the benefit of that rich dad's knowledge of how the financial world works to see him through.

He knew that there was a way to be a responsible provider for his family without spending most of his waking life working. He knew the secret was become an investor.

It's a simple principle; as an employee, you're working for money, but an investor, money works for you. All you have to do to start out is take some of the money you've made as an employer and move it into real estate. This is all it takes to start paving the way to a bright financial future, in which your wealth is constantly growing without you having to lift a finger, leaving you free to live life and spend time with loved ones.

That is how you can have your cake and eat it too; because the money you make no longer represents hours of your life spent away in pursuit of a living, you can take those hours and reinvest them in spending actual time with your family, in pursuing hobbies, hanging out with friends. In short, you can reinvest them in your life.

Author and Realtor Alexandria P. Anderson helps clients to find and purchase Plymouth MN Real Estate as well as Property for Sale in Plymouth, Minnesota.