It has really given me insight on the rights and wrongs on what to do with my money. Feeding my financial genius I feel more confident going forward. Can't wait to read more from this author. A must read!
Before this book I can honestly say I was a financial nomad! I'm a 16 year old junior in highschool. I saw Tai Lopez on YouTube and, disregarding all of the claims of scamming surrounding him, I followed his general message which I interpreted as self-improvement through self-education.
I decided I would start reading books teaching finance skills because I will be financially free. I looked up good books involving this and Rich Dad Poor Dad caught my eye. My friends have actually been informing me for years that I had to read this publication. There was a lot practical, suitable guidance in this publication. I assume I may have used my highlighter out on my Kindle! That was humorous, but so ingenious as well as easy!
The mantra I heard in my youth is go to college, obtain good qualities, go to university and also get an excellent task. Nobody said that I would be functioning to earn someone else rich, that I would be tired the more I make, trusting that my task and my government will still look after me after I quit working. This book educates you to change your attitude.
Quit working for loan and also have cash help you. Purchase your mind as well as monetary literacy. Buy assests as well as not obligations. Pay yourself initially. Find out as well as ask concerns from the people who are doing exactly what you wish to be doing. In my situation, finding out how you can buy multifamily residential or commercial properties without utilizing any of my money, developing favorable partnerships with individuals, as well as earning easy income that will certainly benefit future generations of my household.
EMBED for wordpress. Want more? Advanced embedding details, examples, and help! Topics Book. Both were very nice gentlemen, but they had different mindsets; the difference being financial education. The one dad was educated, a hard worker in the educational system, earning a lot of money, yet was always indebted — the Poor Dad. The other was a high school dropout, but a smart worker who became rich and wealthy — the Rich Dad. The main difference between both Dads was their mindset — that is, on how money was looked at.
Poor Dad placed emphasis on getting a good education, getting a good job, so that they could work for money and earn lots of it. Rich Dad emphasized learning about how money works, and letting money work for you. Rich Dad focused on increasing assets and limiting liabilities. To him, simply, an asset is anything that puts money in your pocket, while a liability is anything that takes money out of your pocket.
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