RICH DAD POOR DAD- Financial Guide for beginners

RICH DAD POOR DAD- Offline Book By Robert Kiyosaki & Get Financial Freedom

This Rich Dad Poor Dad - Financial Guide for beginners App is about Author Robert Kiyosaki and his two dads—his real father (poor dad) and the father of his best friend (rich dad)—and the ways in which both men shaped his thoughts about money and investing.

Rich Dad Poor Dad Lessons:

Lesson 1: The Rich Don’t Work for Money

Lesson 2: Why Teach Financial Literacy?

Lesson 3: Mind Your Own Business

Lesson 4: The History of Taxes and The Power of Corporations

Lesson 5: The Rich Invent Money

Lesson 6: Work to Learn—Don’t Work for Money

Lesson 7: Overcoming Obstacles

Lesson 8: Getting Started

Lesson 9: Still Want More? Here Are Some To Do’s

Lesson 10: Final Thoughts

Rich Dad Poor Dad Summary-

- “You must know the difference between an asset and a liability, and buy assets.”

- “Illiteracy, both in words and numbers, is the foundation of financial struggle.”

- “Cash flow tells the story of how a person handles money.”

- “The rich buy assets. The poor only have expenses. The middle class buy liabilities they think are assets.”

- “The rich focus on their asset columns while everyone else focuses on their income statements.”

According to Kiyosaki, real assets fall into the following categories:

-Stocks

-Bonds

-Income-generating real estate

-Notes (IOUs)

-Royalties from intellectual property such as music, scripts, and patents

-Anything else that has value, produces income or appreciates, and has a ready market

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