The poor and the middle class work for money.The rich have money work for them.
A Hint of Secret: Law of Attraction
One of the key messages of "Rich Dad Poor Dad" is that money management is typically not taught in school, and having a poor financial mindset can have negative consequences on one's life. The author's soon-to-be-rich dad taught him to ask "How can I afford it?" instead of saying "I can't afford it." This simple change in mindset can train the mind to find solutions instead of focusing on limitations.
The book aims to teach readers how to change their money mindset and encourages them to educate themselves on financial skills to become successful in managing their finances. This approach to personal finance is influenced by the Law of Attraction, which suggests that positive thoughts and beliefs can attract wealth and abundance into one's life.
Although, Robert didn't mention this but if you read and understand of what he wrote, it is very closely link to this subject.
Your thoughts are like boomerangs, what you send out come back to you.
Emphasis on Financial Education
Kiyosaki emphasizes the importance of financial education and understanding how money works. He shares practical advice on topics such as building assets, investing in real estate, and starting a business. He also warns against the dangers of relying solely on a job for income and encourages readers to seek financial independence.
Overall, "Rich Dad Poor Dad" is a valuable resource for anyone looking to improve their financial literacy and mindset. The book challenges conventional beliefs about money and offers practical advice for building wealth and achieving financial freedom. My Experience while reading the book: As I started reading the book, my palms became sweaty and my heart raced with anxiety. However, once I overcame my fear, I was able to immerse myself in the story. For a moment, I forgot there was a camera in front of me. This book is a powerful guide to effective finance, risk and thought management. Day 1 of the Social Experiment:- Bookish Buzz was good, It would be great if people share their thoughts on the video, so here is the video: -
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"Rich Dad Poor Dad" by Robert Kiyosaki has become a popular personal finance guide over the last 25 years, with its emphasis on financial education and changing one's money mindset. The book encourages readers to seek financial independence and offers practical advice on building assets, investing in real estate, and starting a business. It challenges conventional beliefs about money and promotes the Law of Attraction, which suggests that positive thoughts and beliefs can attract wealth into one's life. If you're looking to improve your financial literacy and mindset, give this book a try and learn to ask "How can I afford it?" instead of focusing on limitations. Remember, your thoughts are like boomerangs, so send out positive ones!
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