![]() This is a very enlightening and valuable book. This includes not taking the easy way out, choosing to become rich and carefully choosing the right friends to accomplish this, paying yourself first and your brokers well, using your assets to buy your luxuries, and giving, especially when you are in need yourself. The author encourages persons to take action to awaken the financial genius within themselves. Now it’s the upper middle class which pays the taxes for themselves and the poor, for the most part. With Internet sites like YouTube, there are a great many ways to see. Whereas taxes were originally intended to punish the rich, it backfired. Maxwell 'Rich Dad, Poor Dad' Robert Kiyosaki 'You've Got To Read This Book'. He touts the value of the corporation, in business, to the rich, since corporations cushion the rich from taxes. The rich buy assets, while the poor only have expenses, and the middle class have liabilities which they think are assets. ![]() The rich mind the income from their asset columns by growing it, while the poor mind the income from their expense columns (physical labour). To become secure, financially, a person needs to learn how to ‘mind your own business’. Your profession could be a salesman, while your business could be to acquire income-generating real estate. RichDadPoorDad Audiobook FinancialEducation WealthCreation. The book totes that there’s a difference between your profession and your business. Embrace the wisdom of 'Rich Dad Poor Dad' and embark on a path towards. To be financially educated you need to know about accounting, investing, markets, and law. He feels that financial education is the key to wealth – learning how to explore the differences between income and expenses, as well as assets and liabilities, and therefore increasing your assets (which also increases your income), while simultaneously limiting your liabilities. To him, simply, an asset is anything that puts money in your pocket, while a liability is anything that takes money out of your pocket. Rich Dad focused on increasing assets and limiting liabilities. Rich Dad emphasized learning about how money works, and letting money work for you. The Most Important Words a Dad Can Say by. Poor Dad placed emphasis on getting a good education, getting a good job, so that they could work for money and earn lots of it. Famous for his Daily Bumps vlog, this father and videographer has helped his channel amass over 40 million views. The main difference between both Dads was their mindset – that is, on how money was looked at. The other was a high school dropout, but a smart worker who became rich and wealthy – the Rich Dad. Listen today to set yourself up for a wealthy, happy future. ![]() ![]() The one dad was educated, a hard worker in the educational system, earning a lot of money, yet was always indebted – the Poor Dad. June 2012 Duration 6 hours 10 minutes Summary Rich Dad Poor Dad is the 1 personal finance book of all time. Both were very nice gentlemen, but they had different mindsets the difference being financial education. Audiobook "Rich Dad, Poor Dad” inspired millions of people to change their life and listening online to it can bring you one step closer to your goal of prosperous future.This book is written by a man about his two dads who influenced him one was his biological dad, the other was his best friend’s dad. He writes about the importance to start your own business and to make it flourishing. Robert Kiyosaki states, that classical education has no value and the best source of knowledge is business itself, not books about it. Throughout the book, the author compares both fathers their principles, ideas, financial practices, and degree of dynamism and how his real father, the poor and struggling but highly educated. "Rich Dad, Poor Dad” describes the difference between these mindsets and shows how to quit the endless circle of hard work for small wages. At the same time, Robert spent time with his friend from a richest family of the island and his father, who told the boys about the money and how the financial system worked. The author grew up in Hawaii in a not very wealthy family and his father taught him to work hard and relied thoroughly on the education system. It is on the list of must-read books for millionaires. A book by an American executive of Japanese origin Robert Kiyosaki "Rich Dad, Poor Dad” is one of the most business books.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |