Rich Dad, Poor Dad - Deepstash
Rich Dad, Poor Dad

Pratham Patil's Key Ideas from Rich Dad, Poor Dad
by Robert T. Kiyosaki

Ideas, facts & insights covering these topics:

3 ideas

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73 reads

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1. Get brave

School teaches you to work for money. Our education system is built on the premise of producing a workforce for companies or institutions.

People learn it without questioning because they are afraid. And it’s an easy path.

If you want to take control, get brave. Why not bash the walls a bit?

ROBERT T KIYOSAKI

5

33 reads

2. Make money work for you

Broke people stay broke by spending all their money. Middle-class people stay middle class by saving all their money. Rich people stay rich by laboring all their money.

If you work for money, you will run out of time to make enough money.

The most common problem is people don’t want to learn about money. They study their subjects, go to work, get paychecks, and die.

Buy real assets:

stocks

bonds

real-estate

Businesses

ROBERT T KIYOSAKI

6

20 reads

3. Teach yourself financial literacy

It’s not how much money you make. It’s how much money you keep. This may sound noob. But keeping money is terribly hard. If you don’t believe me, look back at the income you made in the last month and how much of it you have now.

Money without financial literacy is no money

Making money and keeping money are two separate things. Don’t confuse the two. Remember the athlete who at 24 earned millions but slept under the bridge 10 years later?

With financial literacy comes great responsibility.

ROBERT T KIYOSAKI

5

20 reads

IDEAS CURATED BY

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