was taught that financial intelligence is the way to be rich. People today are desire money and are afraid of not having money; they spend their lives working for money. Kiyosaki says we need to have money work for us. Kiyosaki wanted to grow up not having to live in the “rat race”. He wanted to be able to go where he wanted to go, do the things he wanted to do, to not have anything holding him down, and that is why he strived to become “rich”. This book is for of guide lines that Kiyosaki used or
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The Path To Success Throughout the history of man, every person has had the same question. How can I become rich? Some may deny the want and for some even need to become rich, but there is no denying it. At some point we all fantasize about what would happen if one was to win the lottery of inherit a large sum of money. Wouldn’t that be great! I’m sure if you asked these same people what they would do with the money one they acquired it you would begin to see a trend; new car, new house or maybe
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Rich Dad, Poor Dad is the story of author Robert Kiyosaki's upbringing and his two fathers, one rich father (not biological) and one poor father (biological). He was forced to choose between following in the footsteps of his poor father – a highly educated government worker – or his rich father – an entrepreneur who never graduated high school. In the end he decided to learn from his rich dad.The book focuses mostly on the education and financial advice Kiyosaki learned from his rich dad. His rich
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Camba “Rich Dad Poor Dad” Summary Robert Kiyosaki has two fathers, one is his poor dad and the other one is his rich dad. His educated dad whom he calls his poor dad is his biological father and his rich dad is Mike‟s, his best friend, father. Both have their own perspective about money and both have different principles in life. As a kid, Robert wanted to know how to get rich because they were tired of other kids not wanting to play with them because they were 'poor kids'. His educated dad told him
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Leinberger Chapter 4 Summary Chapter 4 of Rich Dad Poor Dad, by Robert Kiyosaki, continues to reinforce the idea that the rich and the poor think differently. In chapter four, titled “The History of Taxes and the Power of Corporations,” Mr. Kiyosaki discusses the power of the corporation, and how the rich have learned to use the corporation to hide their money. Through a variety of charts he shows how the cash flows through business versus how cash flows through the poor and middle class. Corporations spend
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Rich Dad Poor Dad is a very interesting book. It is told as story of two Dads which in my perspective, exactly points out the difference between serviced oriented vision of most of the Indian students and business oriented vision in American youth. Poor Dad is like a typical father in middle class Indian family who expects the child to study hard, get degrees, find lucrative job, get promotions, stick to job and save money to build a secure old life. It represents middle class Indian mentality.
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Many people work very hard, but they never seem to earn enough. In Rich Dad, Poor Dad, Robert Kiyosaki explains how to escape this "rat race" and achieve financial independence. According to our general perception everybody should go to school, get high grades and then get a good job, right? Wrong! Well, at least if financial independence is what you are aiming at. Our education system is the number one cause of why so many people struggle financially. Schools teach people how to work for money,
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2013 Rich Dad Poor Dad In the book rich dad and poor dad basically was summons up that for an individual to be wealthy, one must aim to own the system or means of the production. In other words the book shows you how to strive for success, there is different types of ways to succeed like the book tells you. The rich dad and poor dad both had strong point of views in earning and succeeding in life, in my opinion I would have followed on the same footsteps Kiyosaki did in following his rich dad. It
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Chapter 3 Rich Dad Poor Dad The story of Kiyosaki and Mike continues later in life, 1990, and both of the now adults have made incredible leaps and bounds with regards to their finances and their socioeconomic status. Mike was able to take the lesson from his father and apply them to his life. He took control of his father’s large business and increased every aspect of the empire and he is currently raising his son to take control of the company once he retires. As for Kiyosaki, he was able to
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Rich dad The major themes of this book are don't work for money make money work for you, don't play it safe play it smart, develop you financial education, and it is better to know a little about a lot than to know a lot about a little. The author repeats the point of making money work for you instead of working for money many times in this book. He gives examples like don't just work for businesses create your own business; invest in real estate, trade stocks, and other forms of investing. Another
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