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Rich Dad Poor Dad icon

20 by NerdyPanda


Oct 2, 2023

About Rich Dad Poor Dad

Know How & Why 'Rich' people are 'Rich' while 'Poor' people are 'Poor'

We've made these notes so that you don't have to look into the book again for the information. These are the hard notes on which the book (Rich Dad Poor Dad) is based and will help you to refer to the information easily whenever you feel like.

We have covered all the main points, tips, and tricks written in the book.

We do recommend you buy and read the book Rich Dad Poor Dad in case you haven't.

The book Rich Dad Poor Dad is written by Robert Kiyosaki and Sharon Lechter in 1997, Rich Dad Poor Dad is based mostly on Kiyosaki's young days spent in Hawaii. Enriched by Kiyosaki’s personal experience and the teachings he received from his rich dad and poor dad, the book highlights different attitudes towards money, work, and life.

If you want to make his Strong man in wealthy rich, Read this book understand and motivate your children. Study each lesson of the book and understand step to step then you will learn best ever.

Rich Dad Poor Dad Lessons details below:

1 - The Rich Don't Work for Money

2 - why Teach Financial Literacy?

3 - Mind Your Own Business.

4 - The History of Taxes and The power of the Corporation.

5 - The Rich Invent Money.

6 - Work to learn ( Don't Work for Money ).

7 - Overcoming Obstacles.

8 - Getting Started.

9 - Still Want more? here are some to-dos.

10 - Final Thoughts.

You want to grow or build your business than study or understand all the chapters of the book than you will make yourself strong. At the time you are great. You will live life happy or financially strong yourself than follow all the steps of guidelines.

If you learn this rich dad poor dad book summary lessons, you will grow into a wise, wealthy, and happy young man. If you don’t, you will spend your life blaming a job, low pay, or your boss for your problems. You’ll live life always hoping for that big break that will solve all your money problems.

You really wanted to win, but the fear of losing was greater than the excitement of winning.

If you realize that you’re the problem, then you can change yourself, learn something, and grow wiser.

Rich dad said this point of view over and over, which I call lesson number one: The poor and the middle-class work for money. The rich have money work for them.

He understood that every person has a weak and needy part of their soul that can be bought, and he knew that every individual also had a part of their soul that was resilient and could never be bought.

So people also work for money because of desire. They desire money for the joy they think it can buy. But the joy that money brings is often short-lived, and they soon need more money for more joy, more pleasure, more comfort, and more security.

This rich dad poor dad book advocates the importance of financial, financial independence and building wealth through investing in assets, real estate investing, investing in stock markets, trading shares, starting and owning businesses and not relying on loans, as well as increasing one's financial intelligence (financial IQ) to improve one's business and financial aptitude.Rich Dad Poor Dad is written in the style of a set of parables, ostensibly based on authors life.

He states that assets generate cash inflow or income, such as stock dividends, rental income from properties, or income from businesses, and the term "liabilities" as things that devour cash out of one's pocket, such as one's personal residence, consumer loans, car loans, credit card payments, and student loans. He also says one cannot get rich just by going to the college of business in other words getting an MBA degree.

It is what you know that is your greatest wealth. It is what you do not know that is your great

Rich dad poor dad quotes "Bad debt is bad, good debt is good"

Poor people simply have poor spending habits.

Money is only an idea. If you want more money, simply change your thinking, which will be easier to do after reading this Rich Dad Poor Dad book.

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