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Rich dad poor dad 
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"Rich Dad Poor Dad" is a bestselling personal finance book by Robert T. Kiyosaki, first published in 1997. It's a mix of memoir and financial advice, using the contrast between two father figures—the “Rich Dad” (his best friend’s father) and the “Poor Dad” (his biological father)—to highlight different approaches to money, investing, and life.

🔑 Key Lessons from "Rich Dad Poor Dad":
The Importance of Financial Education

Schools teach academic and professional skills, but not how to manage or grow money.

Understanding how money works is crucial to building wealth.

Assets vs. Liabilities

Assets put money in your pocket (e.g., investments, rental properties).

Liabilities take money out (e.g., a house with a mortgage, car loans).

Wealthy people focus on acquiring assets.

Work to Learn, Not Just to Earn

Don’t just work for a paycheck; learn skills that help you grow.

Sales, marketing, investing, and accounting are core skills to master.

The Power of Passive Income

Build sources of income that don't rely on your time (like real estate or business ownership).

Financial independence comes from income that doesn’t require you to work.

Fear and Greed Drive Poor Financial Decisions

Many stay in the “rat race” due to fear of not having enough money and the desire for more.

Learning helps you control those emotions and make smarter decisions.

The Rich Don’t Work for Money – They Make Money Work for Them

Rather than exchanging time for money, focus on building systems and assets that generate wealth.

Mindset Matters

“I can’t afford it” shuts down thinking. “How can I afford it?” opens possibilities.

The way you think about money shapes your financial future.


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