Rich Dad Poor Dad - Robert T. Kiyosaki
Oct 13, 2024 ·
8m 1s
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
The excerpt is taken from Robert Kiyosaki's best-selling book, "Rich Dad Poor Dad", which delves into the financial philosophies and contrasting perspectives of two fathers - one poor and one...
show more
The excerpt is taken from Robert Kiyosaki's best-selling book, "Rich Dad Poor Dad", which delves into the financial philosophies and contrasting perspectives of two fathers - one poor and one rich - who shaped Kiyosaki's understanding of money. The excerpt focuses on the key concepts of asset and liability acquisition, as well as the importance of developing financial literacy to navigate the complexities of money. It argues that traditional education fails to adequately equip individuals with the necessary financial intelligence for long-term success. The excerpt advocates for a mindset shift from "working for money" to "having money work for you" by investing in assets that generate income. This shift requires recognizing the power of corporations, understanding the tax code, and mastering the skill of converting earned income into passive income. The author uses real-life anecdotes and personal experiences to illustrate these principles and to emphasize the importance of developing financial acumen, overcoming fear, and embracing opportunities to build wealth. The excerpt also promotes the importance of self-discipline, wise mentorship, and a positive attitude towards learning and taking calculated risks in pursuit of financial independence.
show less
Information
| Author | Deep Dive Podcast |
| Organization | Govinda Rovira |
| Website | - |
| Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company
