(All photos credit: Amazon 7 freepik)
Rich Dad Poor Dad is written by Robert Kiyosaki andSharon Lechter and it was published in 1997.This gripping book is a guide that will throw light on the topics like mindset, investing, and financial education.
Wealthy people focus on building assets that create money unlike other people who work to earn money and rely on their paycheck. This will create financial independence in your life.
Book focuses on teaching that people should buy assets like rental properties, stocks, etc and not liabilities that will take your money out like car loans, luxury items.
Book says that reading and learning from books and classes won’t make you wealthy unless you will apply those learnings in practical life. Taking calculated risks and learning from mistakes is essential to financial success.
Kiyosaki in his amazing book is teaching that your environment influences you a lot in every way, so one should surround themselves with investors, business owners, and mentors who inspire and guide them
Rich people don’t believe in saving money, they focus on investing that money in assets that will make them more money over time. Whether it’s real estate, stocks, or businesses, investing allows your money to compound and multiply.
Picking careers that teach valuable financial and business skills is very important, taking a job just for salary will not make you rich. Learning about sales, investing, marketing, and leadership can help you build wealth beyond a paycheck.