Tag: money

RICH DAD POOR DAD | S5 – E40 | LESSON VII | Stories of Failures

In my own life, I’ve noticed that winning usually follows losing. Before I finally learned to ride a bike, I first fell down many times. I’ve never met a golfer who has never lost a golf ball. I’ve never met people who have fallen…

Rich Dad Poor Dad | S5 – E39 | Lesson VII | Overcoming obstacles

Once people have studied and become financially literate, they may still face roadblocks to becoming financially independent. There are five main reasons why financially literate people may still not develop abundant asset columns that could produce a large cash flow. The five reasons are:…

Rich Dad Poor Dad | S5 – E35 | Lesson VI | Learn A Little About A lot

In school and in the workplace, the popular opinion is the idea of specialization: that is, in order to make more money or get promoted, you need to specialize. That is why medical doctors immediately “You want to know a little about a lot”…

Rich Dad Poor Dad | S5 – E34 | Lesson VI | Learn to Work — Don’t Work for Money

Job security meant everything to my educated dad. Learning meant everything to my rich dad. Robert Kiyosaki – Rich Dad Poor Dad Interview in Singapore with interviewee lead to this… “I’ll never stoop so low as to learn how to sell. People like you…

Rich Dad Poor Dad | S5 – E33 | Lesson V | Two Types of Investors & How to Get Started

Great opportunities are not seen with your eyes. They are seen with your mind. Most people never get wealthy simply because they are not trained financially to recognize opportunities right in front of them. Rich Dad Poor Dad I love this. When it comes…

Rich Dad Poor Dad | S5 – E32 | Lesson V | It Is Not Gambling

It is not gambling if you know what you’re doing. It is gambling if you’re just throwing money into a deal and praying. The idea in anything is to use your technical knowledge, wisdom, and love of the game to cut the odds down,…

Rich Dad Poor Dad | S5 – E30 | Lesson V | There Are Five Reasons for Using Examples

There are five reasons for using examples: To inspire people to learn more. To let people know it is easy if the foundation is strong. To show that anyone can achieve great wealth. To show that there are millions of ways to achieve your…

Rich Dad Poor Dad | S5 – E29 | Lesson V | Continuation of Investing

$40,000 is created in the asset column. Money is invented without being taxed. At 10 percent interest, $4,000 a year in cash flow is added to income. – Robert Kiyosaki During this depressed market, Kim and I were able to do six of these…

Rich Dad Poor Dad | S5 – E28 | Lesson V | The Story of The Economy in Phoenix Circa 1990

That is why I invest in my financial intelligence, developing the most powerful asset I have. I want to be with people moving boldly forward. I do not want to be with those left behind. I will give you a simple example of creating…

Rich Dad Poor Dad | S5 – E27 | Lesson V | The CASHFLOW GAME

Just like a board game, the world is always providing us with instant feedback. We could learn a lot if we tuned in more. One day not long ago, I complained to my wife that the cleaners must have shrunk my pants. My wife…

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