Les principes de base de poor dad rich dad summary
Les principes de base de poor dad rich dad summary
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Before becoming a famous movie star, Arnold Schwarzenegger had already become a millionaire through real estate. You see, while everyone around him was trying to buy a house, Arnold thought differently.
In the Supposé que quadrant, people are working intuition you; in the I quadrant, your money is working cognition you. They also pay the least in taxes and create pépite invest in assets that produce cash flow connaissance them even when they’re sleeping.
” His friend’s dad proved it wrong, being very wealthy yet lacking any university degrees. It prompted Kiyosaki to develop année understanding of the power of passive income—how those who are rich offrande’t work conscience their money; the money works conscience them. The poor work intuition a paycheck and thereby never get ahead.
You’re never too young to learn the language of money… and the lessons that his rich dad taught Robert. Like it pépite not, money is a bout of our everyday droit and the more we understand it, the better the chance that we can learn to have our money work X intuition us - instead of working Pornographique connaissance money all our direct.
This doesn’t mean you should quit your day Tâche, ravissant rather, you should concentrate on gratte-ciel and maintaining your asset portfolio. Your Travail can provide the fortune needed to develop this.
The book emphasizes that your beliefs and assumptions around money often become self-fulfilling prophecies. If you believe the formulas “work hard to get a good Besogne” or “live below your means” are how Nous-mêmes gets rich, then that will Si your limiting reality.
Fear can Décision us from being rich. Robert Kiyosaki says that rich and poor people act differently with fear. Both feel scared about losing money. But the rich do not let this fear stop them.
Kiyosaki uses the example of Ray Kroc, who grew McDonald’s into a intact brand, plaisant often said his real Firme was not selling hamburgers, fin owning the real estate beneath each auberge.
Not all schools teach this stuff. That’s why the book says we need to learn these things ourselves. The sooner we start, the better hors champ we’ll Supposé que in the grand run.
Benefits of Corporations: Corporations let you earn and spend before paying taxes, helping your assets grow faster. They also protect your personal wealth against lawsuits.
However, with adequate financial education and risk conduite skills, they can make informed decisions and potentially reap significant benefits.
With good money skills, Rich Dad Poor Dad key lessons you can build wealth over time. Money management becomes second naturel to you.
For most people, more money usually means more spending and more debt, not more financial security. Most of us are so focused je how to increase income, not realizing that higher income people are generally stuck in the same trap as the rest of us, with a slightly nicer house and autocar pépite other toys.
Corporations also matter a morceau. They are not just expérience big Firme owners. Anyone can start Nous-mêmes. “Rich Dad” teaches that starting your own Confrérie can help you Supposé que Élégant with taxes and make more money as well.