The Rich Don’t Work for Money
Rich Dad teaches that working for a paycheck traps people. Instead, make money work for you by building assets that generate income.
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Rich Dad Poor Dad by Robert Kiyosaki teaches how to think like the wealthy. It highlights building assets, creating passive income, and understanding money. These ten ideas summarize the key lessons to help you achieve financial freedom.
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Similar ideas to The Rich Don’t Work for Money
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...
“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...
The Rich Don't work for Money.
Rich people work to learn things and those things they learn can easily be applied to make money in the future, over and over again. It is better when you actually learn things in practice Being rich dor not Being rich has very little connection to material possession
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