Learn more about personaldevelopment with this collection
Understanding the concept of the self
The importance of living in the present moment
The illusion of control
Poor work for money, the money work for rich
ROBERT KIYOSAKI
316
3.46K reads
MORE IDEAS ON THIS
Money - Two theories
1. Theory One
Money is the cause of all sufferings
2. Theory Two
Lack of money is the cause of all sufferings.
341
5.27K reads
The Money Education
Assets
The things which increase your money.
Liabilities
The things which reduce your money.
311
3.61K reads
Direction of your cashflow
Poor
People whose income gets spend on basic expenditure.
Middle class
People whose income gets spend on luxury things and unnecessary shopping.
Real rich
People whose income does not get spend, but they invest a goo...
356
3.48K reads
Poor‘s Mentality
Most of the people think that their wealth will increase with increase in their income.
However, they end up increase in expenditure along with increase in income.
In contrast, rich people have attitude of saving and investing which make them rich.
337
3.51K reads
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[Rich Dad and Poor Dad] written by Robert T. Kiyosaki Book emphasis on how our mindset shape by our parents' words- and we live a life of pay to pay check. The book, revolved around two Dad's advice one poor and another Rich. And how they talked about money- one say Rich are greedy other say make...
“Poor dad” vs "Rich Dad" Mentality
The “Poor dad”, a stereotype for the regular salary man, believes that one should work for money as an employee at a stable job. This mentality can trap a person into working a job they don’t love, but is willing to stick with because they have to pay the bills.
The "Rich...
Key lessons for becoming a "Rich Dad"
According to Kiyosaki in his book "Poor Dad, Rich Dad", rich people do certain things poor people don't:
- The rich buy assets (things that generate revenue like bonds), not liabilities (things that cost money like rent).
- The rich be...
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