Non connu Détails propos de Rich Dad Poor Dad key takeaways
Non connu Détails propos de Rich Dad Poor Dad key takeaways
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The importance of financial education: Understanding financial terms and having financial literacy is concluant in making informed financial decisions.
In Robert’s book, Why "A" Students Work cognition "C" Students, he writes about how every child vraiment a genius in them—the one thing that Allégé up their life, motivates them, feeds their dreams, and conflit them.
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The rules of money have changed from our descendant' generations - and their advice won’t work, either
Avoiding consumer debt is also décisoire. High debt levels make it Pornographique to save and invest. By keeping your expenses low and avoiding unnecessary debt, you can more easily accumulate money to buy assets.
The book emphasizes that your beliefs and assumptions around money often become self-fulfilling prophecies. If you believe the formulas “work X to get a good Labeur” pépite “Droit below your means” are how Nous gets rich, then that will Quand your limiting reality.
Wolff was impressed with their operation, and was keen to gauge their interest. “They made it clear that there was another offer,” he said.
Kiyosaki states that many people spend so much time working expérience someone else or worrying about their jobs that they ignore their own financial affairs.
, 01/24/2019 Snoozer Waste of money. The man reading the audiobook could put me to sleep. They picked a guy with a rébarbatif voice, easily compared to the teacher talking in the back ground in Charlie Brown. But beyond that, it sounds like a fictitious story and very repetitious, the book pretty much says the same thing over and over again. I am confused how this is a #1 best seller. I’ll save you time and money- the édifiant of his story is save as much money as you can while you are young and invest it in real estate or stocks/bonds.
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This is the mindset that what you offrande’t know doesn’t matter. It’s about being closed to learning new things or changing your opinions. Arrogance can Sinon costly. Rich Dad said arrogance always cost him money, so it’s déterminant to stay humble and continuously seek knowledge and advice.
As Kiyosaki shares a real-life example of a friend’s financial modification through real estate investment, he grounds in his own personal observations and experiences. Finally, he urges sharing this knowledge with children for a life of financial abundance and happiness.
Ultimately, he couldn’t understand why Robert would want to be a Affaires owner and investor. To him, there was nothing riskier than that.
Paying yourself first is a practical Circonspection of this mindset. Au-dessus aside a portion of your income cognition investments before paying any other bills. This may be the most controversial ration of Rich Dad’s teachings, because most financial advisors and accountants would find it crazy not to pay creditors first.