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Overview: RICH DAD POOR DAD Book Summary : An Free E-books App by Robert T. Kiyosaki
Rich Dad Poor Dad Lessons learnings are:
Lesson 1: The Rich Don’t Work for Money
Lesson 2: Why Teach Financial Literacy?
Lesson 3: Mind Your Own Business
Lesson 4: The History of Taxes and The Power of Corporations
Lesson 5: The Rich Invent Money
Lesson 6: Work to Learn—Don’t Work for Money
Lesson 7: Overcoming Obstacles
Lesson 8: Getting Started
Lesson 9: Still Want More? Here Are Some To Do’s
Lesson 10: Final Thoughts
If you learn this rich dad poor dad book summary lessons you will grow into a wise wealthy and happy young man. If you don’t you will spend your life blaming a job low pay or your boss for your problems. You’ll live life always hoping for that big break that will solve all your money problems.
You really wanted to win but the fear of losing was greater than the excitement of winning.
If you realize that you’re the problem then you can change yourself learn something and grow wiser.
Rich dad said this point of view over and over which I call lesson number one: The poor and the middle-class work for money. The rich have money work for them.
He understood that every person has a weak and needy part of their soul that can be bought and he knew that every individual also had a part of their soul that was resilient and could never be bought.
So people also work for money because of desire. They desire money for the joy they think it can buy. But the joy that money brings is often short-lived and they soon need more money for more joy more pleasure more comfort and more security.
This rich dad poor dad book advocates the importance of financial financial independence and building wealth through investing in assets real estate investing investing in stock markets trading shares starting and owning businesses and not relying on loans as well as increasing one’s financial intelligence (financial IQ) to improve one’s business and financial aptitude.Rich Dad Poor Dad is written in the style of a set of parables ostensibly based on authors life.
Rich Dad Poor Dad has sold over 32 million copies in more than 51 languages across more than 109 countries been on the New York Times bestsellers list for over six years and received positive reviews from some critics.
He states that assets generate cash inflow or income such as stock dividends rental income from properties or income from businesses and the term “liabilities” as things that devour cash out of ones pocket such as one’s personal residence consumer loans car loans credit card payments and student loans. He also says one cannot get rich just by going to college of business in other words getting an mba degree.
It is what you know that is your greatest wealth. It is what you do not know that is your great
Rich dad poor dad quotes “Bad debt is bad good debt is good”
Poor people simply have poor spending habits.
Money is only an idea. If you want more money simply change your thinking which will be easier to do after reading this Rich Dad Poor Dad book.
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