What is an asset Rich Dad Poor Dad?
You have probably read or heard about Robert Kiyosaki and his uber-famous financial book Rich Dad, Poor Dad. Kiyosaki defines an asset as anything that puts money in your pocket. A liability is anything that takes money out of your pocket.Click to see full answer. Similarly one may ask, what does Rich Dad Poor Dad…
You have probably read or heard about Robert Kiyosaki and his uber-famous financial book Rich Dad, Poor Dad. Kiyosaki defines an asset as anything that puts money in your pocket. A liability is anything that takes money out of your pocket.Click to see full answer. Similarly one may ask, what does Rich Dad Poor Dad mean?Rich Dad is an Entrepreneur (Employer) who is always want to provide employment to others and be smart in making a business profitable. Poor Dad is an hardworking Govt. So the Kid keeps comparing life success between his Poor Dad and Rich Dad.. The lesson is “Never be satisfied with a Job.Beside above, what type of book is Rich Dad Poor Dad? Self-help book Moreover, what are the main points of Rich Dad Poor Dad? The book consists of 6 main principles which I’ve highlighted on bold. Have money work for you. Don’t work for money. Learn financial literacy. It’s how much money you keep not how much you make. Mind your own business. Aquire assets that you love. The history of taxes. The rich invent the money. Work to learn. Is Rich Dad Poor Dad helpful?Reed, a critic of Robert Kiyosaki, says, “Rich Dad, Poor Dad contains much wrong advice, much bad advice, some dangerous advice, and virtually no good advice.” He also states, “Rich Dad, Poor Dad is one of the dumbest financial advice books I have ever read.
