Understand how the Rich builds passive income from the book Rich Dad Poor Dad by Robert Kiyosaki

If you haven't read the book Rich Dad Poor Dad by Robert Kiyosaki or did not understand it, here comes the number one action point you should focus on right now!

In less than 9min you will understand another mindset of money and how you should shift to a rich-class mindset.

We will go through how the poor, middle and rich-class thinks around money and how their financial income statement and balance sheet could look like.

We will also go through a basic example of how the rich create assets to buy their dream car!

Each Sunday I will publish a new clip touching around business and finance and how you can apply these techniques on your personal development.

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In Rich Dad Poor Dad, the #1 Personal Finance book of all time, Robert Kiyosaki shares the story of his two dad: his real father, whom he calls his ‘poor dad,’ and the father of his best friend, the man who became his mentor and his ‘rich dad.’ One man was well educated and an employee all his life, the other’s education was “street smarts” over traditional classroom education and he took the path of entrepreneurship…a road that led him to become one of the wealthiest men in Hawaii. Robert’s poor dad struggled financially all his life, and these two dads—these very different points of view of money, investing, and employment—shaped Robert’s thinking about money.

Robert has challenged and changed the way tens of millions of people, around the world, think about money and investing and he has become a global advocate for financial education and the path to financial freedom. Rich Dad Poor Dad (and the Rich Dad series it spawned) has sold over 36 million copies in English and translated editions around the world.

Rich Dad Poor Dad will…
• crush the myth that you need to earn a high income to become rich
• challenge the belief that your house is an asset
• tell parents why they can’t rely on the school system to teach their kids
about money
• define, once and for all, an asset and a liability
• explain the difference between good debt and bad debt
• teach you to see the world of money from different perspectives
• discuss the shift in mindset that can put you on the road to financial freedom

If you are interested to read the full book, buy it at Amazon (no affiliate link):

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