Free Download Ebook Rich Dad Poor Dad Pdf

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Virgil Gardiner

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Aug 4, 2024, 9:50:38 PM8/4/24
to naganimac
whilei knew a pretty fair amount of the basic information kiyosaki put in this book, there are an alarming number of people out there who do the exact opposite of the guidelines laid out in "rich dad, poor dad". just because you may fancy yourself a financial genius or just generally smarter than the average bear, it's worth keeping an open mind about how to think about your money.i have a MANY friends that i graduated college with who are in deep credit card debt in their early to mid thirties. the kind of debt that could buy or put 50% down a house in the midwest. none of these people are "stupid" and a most of them make a great deal more the average american (3 to 4 times). the reason they're in debt can be directly attributed to the way that they think about their money and how to manage it.if you have successfully started your own businesses or already have assets that more than cover your expenses, you don't need to buy this book to begin with. spend your fifteen dollars on another asset. LOL. but don't for a second believe that this book couldn't be useful to a lot of other people.the reason this book has gotten a good review from the majority should be an indication that this information isn't taught to enough people. instead of harping on how much knowledge you already had before you read the book, look at it from the perspective of the people for whom it could be very helpful.if you can't think of one friend or family member of yours that does not follow the basic guidelines of this book and couldn't benefit from the accessible style in which it was written, then you have a lot of very successful friends. personally, of all my friends, about half of them could learn a LOT about money management from this book. the other half could probably glean at least enough information to make it worth ....yes, it's repetitive and oversimplified. but as a result i found it definitive and clear. for..., it's worth me buying it and passing it around to my friends that could really benefit from it after i've read it. which took just two readings.

While there are many books on the market for personal finance and establishing wealth, none have put the simplistic and yet powerful spin on how the wealthy view money and opportunity like Robert Kiyosaki has.Robert Kiyosaki contrasts lessons he learned from his father (poor dad) and his best friend's father (rich dad) from the time he was 9 years old. Since these first instructions to building wealth and becoming rich were introduced in a way a child could understand, the principles are easily digested. What blows you away is the awesome strength of age-old wisdom that is belied by the child-like teachings. The wisdom is cast like seeds on a desert when it is viewed by those who are too prideful and "educated" to admit where they are wrong. If you have desire to learn what was not taught in school, then this book is for you.I have read a review that comments on how Robert failed to mention that 4 out of 5 businesses fail in their first 3 years. But what the reviewer failed to mention is that 95% of those who do fail do so out of "financial illiteracy". In other words, if you go into business to, "make more money" and fail to understand the true difference between assets and liabilities, then you have failed from the get-go. As Robert explains in this book, there is more to money than the "job mentality" of work and receive, pay bills and survive.In conclusion, while there are some great books out there that will take you through the nooks and crannies of financial intelligence, you must read this one first. You will then have the proper mindset to truly understand the power in the others.


When I started this book, it seemed very simplistic, although written in an engaging style. I thought what he had to say was interesting, but didn't feel it was going to tell me anything I didn't know. But the more I read, the better I thought the book was. By the time I finished it, it really did help me and motivate me to change my circumstances. He doesn't tell you what to DO in this book, although he does give plenty of examples of what he did for you to think about. What this book is trying to do is to change your METHOD OF THINKING. And it really succeeds, as far as I'm concerned. He reminds me a lot of some very successful people I know in real estate, the way he thinks and talks.


Increasing concern has been expressed by Third World leaders and international organizations alike over the growing gap between rich and poor nations. Between 1950 and 1980 alone, the per capita income gap between low-income and industrialized countries grew from $3,677 to $9,648. In addition, within the developing nations themselves, an ever-widening gap separates the rich from the poor.


Other evidence suggests that middle-income countries may be gaining on the rich countries. Some research shows that the gap in education and health is narrowing rather rapidly, and studies of domestic inequality have revealed that growth with equity has occurred in a number of developing nations that have committed themselves to such a policy.


Unique in its objectivity, this text does not seek to serve either side of the debate, but instead draws upon the best research in the field to highlight major issues and to present studies that have subjected the differing perspectives to rigorous empirical analysis. It will prove especially useful in courses on Third World development, political economy, comparative politics, development economics, the sociology of development, and related topics.


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The story of Rich Dad Poor Dad circles around the author who tries to elaborates his two dads on the basis of financial mindset and behavior. However, his poor dad is an educated man who value the traditional success. On the other hand, his rich dad is a successful entrepreneur, who believes in investing. Moreover, his rich dad always teaches the author about how to investing the money in an accurate manner.


In the whole book, the author Robert Kiyosaki talks with his rich dad who always teach him several ways of wealth creation and financial independence. He learned different lessons such as assists, liabilities and how to taking smart risks. Moreover, the author gives importance to invest in real state and other businesses that can make a huge money for him. On the other hand, he introduces different ideas and concepts such as cash flow quadrant, business owners and self-employed.


Furthermore, the author desires that the readers must learn about finance, learn from their failures and keep improving their financial investment skills and abilities. Moreover, the author also want that the readers must move forward with positive attitude towards wealth and breaking free from negative attitudes. Finally, this book isn't just about getting rich. It's also about giving you the ideas and motivation to be your own boss and run your own business.


Today, people are more aware of the growing divide between the rich and everyone else. Between 1993 and 2010, over 50 percent of the increase in the national income in the United States went to the wealthiest one percent. Since then, things have only gotten worse. Economists at the University of California found that 95 percent of the income gains between the years 2009 and 2012 also went to that wealthiest one percent.


Between the years 2000 to 2016, in the name of saving the economy, the banks of the world kept cutting interest rates and printing money. While our leaders want us to believe they were saving the world, in reality, the rich were saving themselves and threw the poor and middle class under the bus.


Ten years later, in 2007, President Barack Obama was running for re-election against former Governor Mitt Romney. When it was disclosed that President Obama paid approximately 30% of his income in taxes and Governor Romney paid less than 13% in taxes, Mitt Romney began the downhill slide that would cost him the election. Taxes, again, were a focal point in the 2016 U.S. Presidential election.


While I did my best to keep Why the Rich Are Getting Richer as simple as possible, what the rich really do is not easy. Or easy to explain. What the rich really do requires real financial education, financial education not taught in our schools.


I had two fathers, a rich one and a poor one. One was highly educated and intelligent. He had a Ph.D. and completed four years of undergraduate work in less than two years. He then went on to Stanford University, the University of Chicago, and Northwestern University to do his advanced studies, all on full financial scholarships. The other father never finished the eighth grade.


Both men were successful in their careers, working hard all their lives. Both earned substantial incomes. Yet one always struggled financially. The other would become one of the richest men in Hawaii. One died leaving tens of millions of dollars to his family, charities, and his church. The other left bills to be paid when he died.


Both men were strong, charismatic, and influential. Both men offered me advice, but they did not advise the same things. Both men believed strongly in education but did not recommend the same course of study.


Instead of simply accepting or rejecting one or the other, I found myself thinking more, comparing, and then choosing for myself. The problem was that the rich man was not rich yet, and the poor man was not yet poor. Both were just starting out on their careers, and both were struggling with money and families. But they had very different points of view about money.


As a young boy, having two strong fathers both influencing me was difficult. I wanted to be a good son and listen, but the two fathers did not say the same things. The contrast in their points of view, particularly about money, was so extreme that I grew curious and intrigued. I began to start thinking for long periods of time about what each was saying.

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