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Noelle Duncan

Quicklet on Rich Dad, Poor Dad by Robert Kiyosaki

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  • Walid EL Saidalıntı yaptı8 yıl önce
    wait until your assets have yielded enough money to buy that Mercedes or new boat you’ve been eyeing.
  • Walid EL Saidalıntı yaptı8 yıl önce
    what's in your head that determines what is in your hands
  • Walid EL Saidalıntı yaptı8 yıl önce
    how much money you make, but how much you keep
  • Walid EL Saidalıntı yaptı8 yıl önce
    Rat Race – The term for the financial situation of the masses. It describes a cycle in which a child excels in school, gets into a “good” college and earns a degree. As an adult, they find a secure, well-paying job with benefits and begin to save money. They get married, buy a house, have children, acquire debt and have increased expenses. They work hard for promotions and save for retirement, but as their income increases, their debts and expenses increase as well.
  • Walid EL Saidalıntı yaptı8 yıl önce
    He explains that most people believe a higher income will make them rich, but in reality, a strong asset column will. Higher incomes often lead to higher expenses, higher taxes, and more debt.
  • Walid EL Saidalıntı yaptı8 yıl önce
    The rich don’t work for money
    Financial literacy is key
    Own businesses, rather than work at them
    Understand taxes and the power of corporations
    The rich invent money
    Work to learn rather than work for money
  • exAspArkalıntı yaptı9 yıl önce
    Kiyosaki lists a number of assets that can help your “business” grow: businesses that you own, but do not work at; stocks, bonds, mutual funds, real estate, notes (IOUs), and royalties.
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