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I will be doing a series of icon lessons (see others here), highlighting some of the great business and financial leaders of our time. First up on that list is Robert Kiyosaki, and specifically his book Rich Dad, Poor Dad.
Rich Dad, Poor Dad is one of the staple personal finance books, and is a must read for anybody with a middle class mindset. The book was the first to really open my eyes to this world of money that I never knew existed.
Below are 6 key lessons that Robert talks about in the book, and I highlight these lessons in this solo edition of the YoPro Wealth podcast.
1. The Rich Don’t Work for Money
The poor and middle class work for money, while the rich have money work for them.
Poor | Middle Class | Rich |
Buy things. | Buys liabilities (they think are assets). | Buy assets. |