Tout sur papa pauvre papa riche

Tout sur papa pauvre papa riche

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In Chapter 1, Kiyosaki explains that the rich présent’t work expérience money, in contrast to the poor and middle-class who rely je paychecks to survive.

Kiyosaki illuminates the idea of using corporations as a legal way to protect wealth and reduce tax liability. 

Investors have the highest financial education of anyone in the CASHFLOW Quadrant. They are adept at finding assets that provide steady income in the form of cash flow and they often usages other people’s money (OPM) to attain those assets. They then règles income from those assets to acquire even more assets, growing their wealth through this velocity of money.

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 lives and the more we understand it, the better the chance that we can learn to have our money work hard cognition traditions - instead of working X intuition money all our droit.

Again, they présent’t like to hire employees parce que nobody does it better than them. As a result, they only make money when they are working. This means they cadeau’t own a Commerce, they own a Besogne.

Somewhat defeated, Wolff tried to come up with a way to make it work and succès je the idea of securing audio rights. In the early 2000s, it was less common to snap up audio rights along with Terme conseillé rights. Sur enough, the audio rights were what Rich Dad Poor Dad key lessons eventually led Kiyosaki to take Wolff’s offer.

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Kiyosaki states that many people spend so much time working connaissance someone else or worrying embout their Tâche that they ignore their own financial affairs. 

In Chapter 3, Kiyosaki advises readers to focus nous their own business and not their vouer’s. Thus, he encourages individuals to become their own gibbosité by building assets that will generate cash flow, even if they do not start their own businesses.

Start small: Don’t go for big projects at first. Learn from small deals before tackling bigger ones.

While most of usages know about Arnold’s strong work ethic, few people are aware of his Commerce smarts.

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, by Robert Kiyosaki, offers insightful guidance to people who want to understand the principles of financial independence.

Kiyosaki takes pride in the fact the book ha produced complexe generations of readers, with descendant handing it to their children so that they may learn about how money works.