Last night I went to a teaser seminar for RichDad.com up in Anaheim. I brought a car full of group members from my MBA program. One of my weakest points is finance and I thought it would be a good way to at least increase my vocabulary, maybe learn a thing or two in the process. I brought the group because they are just great people to have around. Anything that we can do together will make our group projects easier to accomplish and a stronger deliverable.
Of course the teaser was mostly about the larger seminar for Real Estate Investing. Looking around the room I saw a few younger people, 30 and below, and quite a few 40 plus. The seminar was $995 and everyone immediately shied away. For a seminar of this type, that was what I expected. “Sign Today” price was $495, and that is where I got really interested and everyone else lost interest.
This is why I got excited: I am planning to buy a house, sooner the better, but eventually for sure. Right now the price I am looking at is under $200k. Alas, I know nothing of real estate. My friends that are giving me advice, have never owned a home and are in no position to do so any time soon. $500 to learn how not to be a loser on a $200k deal from a guy who is putting together $17M deals seems like a really good investment! After signing up I got some extra perks, CD’s, books, and a guest pass. So I asked my dad.
Let me tell you what, last night was the first time I truly felt rich. (1) I was able to invest in myself. (2) I was able to go to my dad and say I bought him a spot if he wanted to join me. (3) I was able to lend money to my teammates so that they could join me. I am so excited for this I could almost burst!
How many times to we look at the price of something and balk expecting it to be free? I bought a great little program for my iPhone that was $2 and has since saved me incredible amounts because I can manage my time better. I encourage all of you to look at the ROI (Return on Investment). Instead of just looking at the cost, look at the cost and what you can expect to gain from the product. This has helped curb my shopping dramatically! It has also led me to purchases that have added great value to my life.