“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 dad", an entrepreneur, thinks wealth comes from experience-based learning (learn on the job, by becoming an entrepreneur) and multiple income streams.

When the “poor dad” encourages working your way up the ladder, “rich dad” laughs and says, “Why not own the ladder?”

According to Kiyosaki in his book "Poor Dad, Rich Dad", rich people do certain things poor people don't:

1. The rich buy assets (things that generate revenue like bonds), not liabilities (things that cost money like rent).
2. The rich be...