Kiyosaki explains that wealthy people focus on creating income-generating assets rather than working for a paycheck. They prioritize making money work for them, aiming for financial independence instead of being tied to a job.

The Rich Don’t Work for Money

Understanding Money: Kiyosaki argues that financial literacy is essential because most people lack the knowledge to manage money effectively. Without understanding how money works, individuals are more likely to fall into debt and miss opportunities to build wealth.

1. Why Teach Financial Literacy

Building Wealth: Teaching financial literacy helps people learn how to invest, manage risks, and grow their wealth over time. This knowledge empowers them to make informed financial decisions, leading to long-term financial security and independence.

2. Why Teach Financial Literacy

Kiyosaki advises focusing on building and managing your own income-generating assets, rather than relying solely on your job. This mindset is key to achieving financial independence and long-term wealth.

Mind Your Own Business

Keep your daytime job, but start buying real assets, not liabilities. Keep expenses low, reduce liabilities, and diligently build a base of solid assets.

Detailed Step by Step walkthrough of Rich Dad Poor Dad by Robert Kiyosaki. This Animated book summary will help you to understand how the rich get rich and why you struggle financially. If you want to escape the rat race, this book can change your life. 

This Visual guide will help you to understand all the amazing teachings that are within this book.

Rich Dad Poor Dad by Robert Kiyosaki
PART TWO - https://youtu.be/Qxc_uS7R1CY



*** Mindmap PDF ***

If you want to follow along with this detailed summary of Rich Dad poor dad, Grab a copy of the mindmap in the link below:

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If you are struggling financially then you need to watch this video which covers topics such as:

-how to invest
-how to gain a  financial education
-passive income
-how the rich get richer
-Assets to invest in, such as real estate, businesses and bitcoin
-financial coaching
-personal growth money learning
-what the rich teach their kids about money that the poor and middle class do not
-plus much more

What does rich dad poor dad teach you?

Rich Dad Poor dad gives you the right mindset to become financially free. It shows you how the Rich get richer and why the poor and middle class struggle through life. Robert's poor dad taught him to get a job and work his way up the corporate ladder. His Rich father guided him on another path that turned him into a multi-millionaire.

Who is Rich Dad?

Rich dad was Robert Kiyosaki's best friends father who guided him on the path to financial freedom.

Is Rich Dad Poor Dad a good book?

In my opinion this book changed my life. It helped me to change my perception of wealth and put me into the right mindset to continue on the path to financial freedom. It really opened my eyes to how most people struggle through life because they are playing by a different set of rules to the rich.

Other Video summaries on this Channel


The Four Agreements (Detailed Summary)
https://youtu.be/gpwuq5wOvwI

Limitless by Jim Kwik (Detailed Summary)
https://youtu.be/naEkf_As9kU

This is the story of the rich dad and the poor dad


Thankyou for watching this animated summary of Rich Dad Poor Dad by Robert Kiyosaki video. Please Subscribe :)



*** TIMESTAMPS ***

0:00 Intro
2:01 Rich Dad and Poor Dad
3:00 Lesson 1 - The Rich don't work for money
6:15 Lesson 2 - Why teach financial literacy?
12:19 Lesson 3 - Mind your own business

DISCLAIMER: All information and data on this video are for informational purposes only. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

This video is copyrighted by Escaping Ordinary. Therefore any unauthorized copying and use of the work constitute copyright infringement.

#howtogetrich #robertkiyosaki #richdadpoordad

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I like to bring great books and ideas to life in a visual way.  I love reading and listening to books, so I want to share with others books and Authors I recommend.

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Rich Dad Poor Dad by Robert Kiyosaki (Detailed Summary)

The Rich Don’t Work for Money

1. Why Teach Financial Literacy

2. Why Teach Financial Literacy

Mind Your Own Business

ROBERT KIYOSAKI

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