15 LESSONS FROM RICH DAD POOR DAD by ROBERT T. KIYOSAKI
1. The rich don't work for money.
-The rich invest their money so that it works for them. They build assets that generate cash flow, which allows them to live off their investments.
2. The poor and middle class work for money.
-The poor and middle class trade their time for money. They work for a salary, which is a limited amount of money that they have to spend each month.
3. Your house is not an asset.
-A house is a liability. It costs money to maintain and it doesn't generate any income.
4. The rich focus on their assets.
-The rich focus on building assets that will generate cash flow for them. They know that assets are the key to financial freedom.
5. The poor and middle class focus on their liabilities.
-The poor and middle class focus on their expenses. They buy things that they can't afford and they end up in debt.
6. The rich get richer.
-The rich get richer because they invest their money and it grows over time. The poor and middle class get poorer because they spend their money and it disappears.
7. The rich learn from their mistakes.
-The rich know that everyone makes mistakes. They don't let their mistakes hold them back. They learn from their mistakes and move on.
8. The poor and middle class let their mistakes defeat them.
-They give up on their dreams and they stay stuck in the rat race.
9. The rich are willing to take risks.
-The rich know that in order to achieve great things, you have to take risks. They are not afraid to fail. They know that failure is just a learning experience.
10. The poor and middle class are afraid of risk.
-The poor and middle class are afraid of risk. They would rather play it safe than take a chance on success.
11. The rich are always learning.
-The rich know that the world is constantly changing and they need to stay ahead of the curve. They are always learning new things and they are always looking for new ways to improve their financial situation.
12. The poor and middle class stop learning.
-The poor and middle class stop learning after they finish school. They think they know everything they need to know about money and they don't bother to keep up with the latest trends.
13. The rich network with other successful people.
-The rich know that surrounding themselves with successful people will help them to achieve their own goals. They make an effort to build relationships with other successful people.
14. The poor and middle class are content with their current situation.
-They don't believe that they can achieve anything more.
15. The rich are always striving for more.
-They don't believe that they have arrived. They are always looking for ways to improve their financial situation and achieve their goals.
I hope these lessons help you to achieve financial freedom.
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𝟐𝟎 𝐋𝐞𝐬𝐬𝐨𝐧𝐬 𝐅𝐫𝐨𝐦 𝐭𝐡𝐞 𝐁𝐨𝐨𝐤 “𝐒𝐞𝐜𝐫𝐞𝐭𝐬 𝐎𝐟 𝐭𝐡𝐞 𝐌𝐢𝐥𝐥𝐢𝐨𝐧𝐚𝐢𝐫𝐞 𝐌𝐢𝐧𝐝” 𝐛𝐲 𝐓. 𝐇𝐚𝐫𝐯 𝐄𝐤𝐞𝐫
1. If you’re not doing as well as you’d like, all that means is there’s something you don’t know.
2. It’s not what we don’t know that prevents us from succeeding; it’s what we know that just ain’t so that is our greatest obstacle.
3. If you want to move to a higher level of life, you have to be willing to let go of some of your old ways of thinking and being and adopt new ones.
4. I have a saying: “It’s not enough to be in the right place at the right time. You have to be the right person in the right place at the right time.
5. The key to success is to raise your own energy; when you do, people will naturally be attracted to you. And when they show up, bill ’em!
6. These four quadrants are the physical world, the mental world, the emotional world, and the spiritual world.
7. A lack of money is never, ever, ever a problem. A lack of money is merely a symptom of what is going on underneath.
8. Your financial blueprint consists primarily of the information or ‘programming’ you received in the past, and especially as a young child.
9. The first element of change is awareness. You can’t change something unless you know it exists.
10. The second element of change is understanding. By understanding where your ‘way of thinking’ originates, you can recognize that it has to come from outside you.
11. The third element of change is disassociation. Once you realize this way of thinking isn’t you, you can separate yourself from it and choose in the present whether to keep it or let it go—based on who you are today, and where you want to be tomorrow.
12. If your motivation for acquiring money or success comes from a nonsupportive root such as fear, anger, or the need to ‘prove’ yourself, your money will never bring you happiness.
13. Money can’t make you something you already are. No thought lives in your head rent-free.
14. You have to believe that you are the one who creates your success, that you are the one who creates your mediocrity, and that you are the one creating your struggle around money and success.
15 . Your field of focus determines what you find in life.
16. If you want to get rich, focus on making, keeping, and investing your money. If you want to be poor, focus on spending your money.
17. Again, energy is contagious: either you affect people or infect people.
18. Resenting promotion is one of the greatest obstacles to success.
19. The size of the problem is never the issue—what matters is the size of you!
20. Living based in security is living based in fear.
Thanks for reading.
Book: $30
Audiobook: $150
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