Rich people stay rich by living like they're broke and poor people stay poor by living like they're rich
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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...
2 mindsets of building wealth
- Spending mindset: People who stay poor or middle class see money as something to be spent.
- Investing mindset: People who become rich see money as something to be invested.
What is Stoicism
If practiced well, Stoicism can help you get rich and stay rich.
Stoicism is a school of Philosophy that originated in Athens in 300BC and endured for five centuries.
It emphasized the importance of living a virtuous, rational, and disciplined life.
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