3/19/2023 0 Comments Rich dad poor dad cashflow chart![]() ![]() A weak person is the one that seems that is okay but it is not. You are not a weak person showing that you are not feeling good. What they don’t know is money is in control of their emotions and their souls. They don’t admit that they are struggling financially. The more we learn, the more we discover we need to know.Ī lot of people do not tell the truth. They do not understand that they are working hard for money and they do not have their money working for them. A job is a short-term solution to a long-term problem. They quit their jobs, they go looking for a higher pay job and they thing this will solve the problem. What most people do when they are not satisfy with their jobs, they look for another opportunity. If you really want something, if you really want to get rich, do not be afraid to try to make your money work for you. At the one of the day, sometimes we win, sometimes we learn. The excitement of winning is greater that the fear of losing. And real winners are not afraid of losing. But the most successful people are real winners. The most successful people make mistakes. Rich dad taught that one of the best ways to learn is to make mistakes. They accumulate more debt instead of assets. The more money they earn, the more money they will spend. The poor and middle-class are in a trap called Rat Race. The poor and middle-class buy things for someone who invest first and has money working for him. Poor and middle-class people buy the luxuries first, while rich people buy luxuries last. Rich dad taught Robert that having a nice car and a nice house do not necessarily mean that you are rich and you know how to make money. They are working for someone who makes a lot of money. These people who work for money are not rich. They all have his money working for them. Elon Musk, Jeff Bezos, Bill Gates, Mark Zuckerberg. Think about the richest people in the world. You are working for someone who has money working for them. ![]() This is the poor and middle-class mentality. In a job you are working hard to earn money. You won’t be rich if you have a job that everyone has. “The poor and middle-class work for money. Everyone should invest in their education and financial education is one of the most important ones. ![]() But what is more powerful is financial education. And he also taught him that it is true that money is a form of power. Rich dad told Robert that being broke is temporary, but being poor is eternal. You can’t do anything if you don’t invest in your mind first. Proper mental exercise increases your chances for wealth. Proper physical exercise increases your chances for health. If you want to do something in life, you better start now and don’t complain about everything. This is like going to gym vs sitting at home all day doing nothing. If you want to achieve your Dreams, do not say “I can’t afford (achieve) it” but ask yourself “How can I afford (achieve) it?” But not only in terms of money, but in terms of life. Your brain is working properly when you say this. Instead of saying this, you should ask “How can I afford this?”. This is the mentality of the poor and middle class. His rich dad said that when you say “I can’t afford it”, your brain stops working. His rich dad taught him about money and Robert explains the lessons that his rich dad taught him in this book. He struggled financially and he died with many debts. He seems that he had money but he did not, because he didn’t know how to manage money. His father’s friend was one of the richest people in Hawaii. He had a friend that he also wanted to get rich. The author of this book, Robert Kiyosaki, when he was 9, he wanted to be rich. When I bought this book, I did not buy it because I wanted to become rich, but because I wanted to understand how money works and how should I handle money. The problem is we do not want to learn about money and our life gets more complicated. Normally it takes a lot of time to make something looks easy but, at the same time, maybe it was easy to write this book because understanding the basics of money is not that complicated. It seems that it was so easy writing this book. The way the book is written is so easy to understand all the concepts. But he also gives other types of advice, such as: your mind is your most important asset, you should always invest in yourself (in your education), and lots more. This book also explains how money works and how you should manage your money. This book does not only explain how to be rich. ![]()
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