Rich Dad's Retire Young, Retire Rich - Deepstash
Rich Dad's Retire Young, Retire Rich

Rich Dad's Retire Young, Retire Rich

Robert T. Kiyosaki, Sharon L. Lechter

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ROBERT T. KIYOSAKI

During these uncertain times, your financial education becomes even more valuable.

ROBERT T. KIYOSAKI

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Intro: WHY DAVID MET GOLIATH

David could beat Goliath because David knew how to use the power of leverage. A young boy and a simple slingshot were far more powerful than the feared giant, Goliath. That is the power of leverage.

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<ul><li><em>Cash flow </em>is ...

  • Cash flow is the most important term in the world of money. The second most important is leverage.
  • Leverage is the reason some people become rich, and others do not.

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There Are Many Forms of Leverage

There Are Many Forms of Leverage

  • One of the recognized forms of leverage is the leverage of borrowing money. Millions of people struggle financially because the power of debt leverage is used against them. Many people now fear this form of leverage because of the consequences of the abuse of debt leverage.
  • Instead of fearing the power of debt leverage, use it in your favor.

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"There is good debt and bad debt. Good debt makes you rich and bad debt makes you poor."

RICH DAD

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Section 1: THE LEVERAGE OF YOUR MIND

Section 1: THE LEVERAGE OF YOUR MIND

  • The most powerful form of leverage we have is found in the power of our minds 🧠
  • If you want to retire young and rich, the first thing you must do is use the power of your brain to make you rich.
  • When it comes to money, too many people use the power of their brain to make them poor 👎🏼
  • You can change your financial future by changing the words you use and the way you think.
  • If you can change your words and your thoughts to those of the rich, retiring young and rich will be easy 😎

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"Poor people use poor words, and poor words create poor people. Your words do become flesh."

RICH DAD

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IDEAS CURATED BY

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CURATOR'S NOTE

If you do not plan on working hard all your life, this book is for you.

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