The middle class and the poor people spend their earned income on luxury items while the rich people use their money to invest in assets that generate passive income. Then the rich people use the passive income to enjoy luxury items. Based on my understanding of the Rich Dad's series by Robert Kiyosaki, this is one of the main differences between the rich people and the others. If I want to be wealthy, then I need to adopt this approach of not using my earned income money on luxury items.

But I find that it is very difficult to adopt this approach. I must stop spending on luxury items and invest in assets that generate passive income so that I can be rich. Even though most people know that simple rule, few people actually are capable of adopting it.

This is the same in the case of people who had been smoking for years. Most of them are aware of the dangers of lungs cancers due to smoking. Yet, they continue to smoke. Similarly, if you tell an obese person the danger of overeating, he will still continue to overeat. If you tell an alcoholic to stop drinking, he will still continue to drink.

Do you know why?

To answer that question, there is a need to understand how pains and pleasures work.

If you had a chance to ask a smoker why does he smoke, he would likely to give you a reason that is related to pleasure. I have heard people who smoke do it when they are stressed. According to them, smoking helps them to relax.

If you were to interview someone who overeats, he would likely to give you a reason that is related to pleasure. I have heard people who overeat when they are stressed. According to them, eating helps them to relax.

If you were to question someone who is an alcoholic, he would likely to give you a reason that is related to pleasure. I have heard people who get drunk when they are stressed. According to them, drinking helps them to feel high. And the list goes on.

I notice a common thing among all these people. Though they are doing different things, they are doing them because they derive pleasures from doing them. Their minds have been wired to treat their actions as pleasures not pains.

That explains why I have difficulty in adopting the approach as learned from the Rich Dad's series by Robert Kiyosaki. I enjoy luxury goods. Thus, I will associate pleasures with the luxury goods. I do not associate pains with spending money on luxury goods.

Everyone in the right frame of mind will go for pleasures and not pains. Thus, it only makes sense for me to tolerant pains now provided I can enjoy greater pleasures later. And this conviction is even stronger if I could have a taste of greater pleasures first. This is like a glimpse into what my future would be like if I were to adopt the approach of wise investment instead of spending on luxury items. If I were also able to experience pains of no money for retirement at old age now instead of in my future, then I would associate pains with spending my earned income on luxury goods now. And this is the same for the other cases.

If a smoker were able to experience the pains of lungs cancer now instead of in the future, then he would definitely associate pains instead of pleasure with smoking. He would associate pleasure with no smoking now if he could experience great health in the future. He would definitely stop smoking on his own accord.

If an obese person were able to experience the pains of bad health due to overeating now instead of in the future, then he would definitely associate pains instead of pleasure with overeating. He would associate pleasure with no overeating now if he could experience great health in the future. He would definitely stop overeating on his own accord.

If an alcoholic were able to experience the pains of liver failure due to over consumption of alcohol now instead of in the future, then he would associate pains instead of pleasure with drinking alcohol. He would associate pleasure with no drinking of alcohol now if he could experience great health in the future.

In other words, the way that I associate pains and pleasures with things will determine my future. With this new understanding, I can make use of the association pains and pleasures to my advantage. If I want to be rich and wealthy, then I need to associate pleasures by adopting the approach as learned from the Rich Dad's series by Robert Kiyosaki to invest in assets that generate passive income instead of spending on luxury items.

* DISCLAIMER *

The author only provides the material and information as a layperson's views about an important subject. The materials and information are from sources believed to be reliable and from his own personal experience, but he neither implies nor intends any guarantee of accuracy.

All the materials, information and procedure in this book are only the author's personal opinion. You must consult your own professional advisor and other reputable sources on any matter that concerns you or others.

The author, publishers and distributors are not competent and do not profess to give legal, accounting, medical or any other type of professional advice. The reader must always seek those services from competent professionals who can review your own particular circumstances.

The author, publisher and distributors particularly disclaim any liability, loss, or risk taken by individuals who directly or indirectly act on the information contained herein. All readers must accept full responsibility for their use of this material.