10 Key Lessons to Learn From Rich Dad Poor Dad

10 Key Lessons to Learn From Rich Dad Poor Dad

The problem is that if your money is not working for you and you are not making money while you sleep, you will never get rich.

Rich People Put Their Money to Work for Them

Rich People Put Their Money to Work for Them

#1

Money isn't your greatest asset. The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth.

Your Most Valuable Asset Is Your Financial Literacy

Your Most Valuable Asset Is Your Financial Literacy

#2

An asset is something that puts money in your pocket and a liability is something that takes money out of your pocket

Understand the Distinction Between Assets and Liabilities

Understand the Distinction Between Assets and Liabilities

#3

Be in control of your emotions. Do not let fear or the opinions of the public or the media dictate your actions.

Don’t Be Controlled by Emotions

Don’t Be Controlled by Emotions

#4

Another of the book's great teachings is that work is to be used as a platform to improve the skills you have. Work to learn, don't work to earn.

Work to Develop Life Skills Rather Than for Money

Work to Develop Life Skills Rather Than for Money

#5

By Kiyosaki, rich people take risks whereas the underprivileged are afraid of failing. Where every wealthy person has experienced financial setbacks, poor people have none.

Failure Inspires Rich

Failure Inspires Rich

#6

Investing is not risky, knowing investing is not risky. If you want to reduce the risk then increase your knowledge.

Learn to Handle Risk

Learn to Handle Risk

#7

He says, if you have a job, keep your job and start a part-time business. Never leave your job until you build your own business.

Keep Busy With Your Work

Keep Busy With Your Work

#8

Find out in which direction you have to go and how far you have to go, find the way, move forward and keep trying to make your work the most beautiful.

Choose Your Path

Choose Your Path

#9

If you don't get control of your own finances, then it’s difficult to get rich. If you lack financial discipline, then it is impossible to become rich.

Pay Yourself First

Pay Yourself First

#10

Feeling Guilty? Types, Why We Do & How to Overcome It

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