Rich Dad Poor Dad v.1.3 - Deepstash
Rich Dad Poor Dad v.1.3

Rich Dad Poor Dad v.1.3

What one should take away after reading the book? According to my understanding and some respective sources.

  • Avoid debt that doesn't create assets: Avoid high-interest debt like credit card debt, and focus on debt that can help you acquire assets, like a mortgage for a rental property.
  • Learn from successful people: Seek out mentors and read books by successful entrepreneurs and investors.
  • Create multiple income streams: Don't rely on a single source of income. Create multiple streams through investments, business ventures, and other opportunities.

To be continued.....

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mrchills

Work or Bark?

These Ideas give me a window, from which I can somewhat see the bigger picture. But it's still the tip of the iceberg, go and read it yourself and you may find out more than me, and make sure you understand it.

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