What The Rich Teach Their Kids About Money That The Poor And Middle Class Do Not!
Rich Dad Poor Dad is a starting point for anyone looking to gain control of their financial future.
Having two dads offered me the choice of contrasting points of view:
one of a rich man and one of a poor man.
Lesson 1 – The rich don’t work for money.
The poor and the middle class work for money. The rich have money work for them.
Lesson 2 – Why teach financial literacy?
It’s not how much money you make. It’s how much money you keep.
Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.
Lesson 3 – Mind your own business.
The rich focus on their asset columns while everyone else focuses on their income statements.
Lesson 4 – The history of taxes and the power of corporations.
My rich dad just played the game smart, and he did it through corporations— the biggest secret of the rich.
Lesson 5 – The rich invent money.
Often in the real world, it’s not the smart who get ahead, but the bold.
Lesson 6 – Work to learn – Don’t work for money.
Job security meant everything to my educated dad. Learning meant everything to my rich dad.
Lesson 7 – Overcoming obstacles.
The primary difference between a rich person and a poor person is how they manage fear.
Lesson 8 – Getting started.
There is gold everywhere.Most people are not trained to see it.
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