Rich Dad Poor Dad: Review

Hey Everyone,
Thank you so much for reading. Hope you are doing great.

Rich Dad Poor Dad is a #1 Personal Finance Book of All Time! This is a 1997 book written by Robert Kiyosaki. He has challenged and changed the way tens of millions of people around the world think about money.
This book advocates the importance of financial literacy, financial independence and building wealth through investing in assets, real estate investing, starting and owning businesses, as well as increasing one's financial intelligence to improve one's business and financial aptitude.

The main crux revolves around this - What the Rich teach their kids about Money - That the Poor and Middle Class do Not!

There is a fine line of comparison between the Rich and the Poor Dad, of what they teach their children.

It is a starting point for anyone looking to gain control of their financial future. He mentions one quote which is very inspiring, "The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money, but never learn to have money work for them."

Without financial training, we all too often use the standard formulas to get through life: Work hard, save, borrow, and pay excessive taxes. Today, more than ever, we need better information.

Top lessons from the book;

The poor and the middle class work for money. The rich have money work for them.

If you learn life's lessons, you will do well. If not, life will just continue to push you around.

It's easier to change yourself than everyone else.

True learning takes energy, passion and burning desire.

If you cannot control your feelings, you cannot control your flow of money.

So many people say, "Oh, I am not interested in money." Yet they will work at a job for eight hours a day.

It's not how much money you make. It's how much money you keep.

Money without financial intelligence is money gone soon.

Rich people acquire assets. The poor and the middle class acquire liabilities that they think are assets.

Cash flow tells the story of how a person handles money.

The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth.

There is gold everywhere. Most people are not trained to see it.

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I really appreciate your time.

Have a blessed day!
#happyreading :)

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