Learnings From Rich Dad Poor Dad.

Hey, It's me Aditya Suman once again and today, I will share my learnings, related to a best selling book on Financial Education "RICH DAD POOR DAD". 

This Blog is not a Summary Blog. In this blog I am only sharing some of my favourite lines of this book.

To avoid falling into the debt trap and develop responsible financial habits, start now. You need to carefully consider what you can afford and what you can't afford so that you can set realistic financial goals.

We will continue to work and build a pillar of wealth. That is, continue to invest and build wealth, and continue to treat dollars as employees who work for us. Rich people make wealth. The poor and middle class acquire liabilities that they consider assets.

"Money comes and goes, but if you know how money works, you can get over it and start building wealth." It's about managing, not avoiding.

Instead of starting big, set aside a small amount each month to invest in wealth creation such as stocks and bonds.

~ "Work is a short-term solution to a long-term problem." get rich.

``It doesn't matter how much you earn.

He believes that those who are flexible and open-minded to learn tend to be richer.

• Don't Let Emotions Rule

Most people's lives are ruled by two of his emotions: fear and greed.

Fear keeps people in this trap of working hard to make money, working hard to make money, and hoping it will ease their fear.

They are afraid to invest or take the plunge.

An investment in knowledge yields the greatest return.

Kiyosaki says life skills are just as important as financial success and aren't taught in school.

• Failure inspires the winners and defeats the losers

Kiyosaki says that the rich take risks, but the poor fear failure.

He says that all rich people have lost their money at some point, but many poor people say he has never lost a cent.

"To win is not to be afraid to lose."

"Failure inspires the winners and defeats the losers. If something doesn't go as planned, try a different approach."

"Wealth is the ability to survive many days ahead...or how long would you survive if you quit your job today?"