ByKoleksi Ebook Indonesia on 12:07 PM in ebook bisnis gratis, ebook bisnis pdf, rich dad poor dad pdf, rich dad poor dad review indonesia. Judul Ebook: Rich Dad Poor Dad. Penulis: Robert Kiyosaki. Tebal: 453 halaman. Dalam buku ini, Robert Kiyosaki menceritakan pengalaman hidupnya diasuh oleh 2 orang ayah. Rich Dad Poor Dad Pdf Indonesia 2016
ReviewBuku Rich Dad Poor Dad. admin Desember 12, 2021 2 min read. google.com. Buku yang dirilis pada tahun 1997 tersebut menceritakan tentang permasalahan finansial yang kerap dialami banyak orang sebab ajaran orang tua yang keliru. Sampai saat ini, buku itu sudah diterjemahkan dalam 35 bahasa, dengan total penjualan menggapai puluhan juta copy.
Whyto Read Robert Kiyosaki Books - Rich Dad Company is a private financial education company that provides business education and personal finance to people through videos and books. Best known as the author of 'Rich Dad Poor Dad', Robert Kiyosaki books is considered to be the number one book on personal finance of all time.
Merekayang skeptis akhirnya mengatakan seharusnya buku Rich Dad Poor Dad beserta buku-buku turunannya dimasukkan dalam kategori buku fiksi sejajar dengan novel Harry Potter karangan J.K. Rowling. Pada 19 Mei 2006, stasiun televisi ABC mengadakan sebuah segemen yang disebut 20/20 segment. Dalam segmen ini ABC memberikan masing-masing 1000 USD
Vay Tiá»n TráșŁ GĂłp Theo ThĂĄng Chá» Cáș§n Cmnd Há» Trợ Nợ Xáș„u. Kompasiana adalah platform blog. Konten ini menjadi tanggung jawab bloger dan tidak mewakili pandangan redaksi Kompas. Rich Dad Poor Dad adalah buku populer yang ditulis oleh Robert Kiyosaki, buku ini merupakan salah satu buku manajemen keuangan terbaik sepanjang masa. Penulis adalah seorang keturunan Jepang yang telah berpindah kewarganegaraan ke Amerika Serikat dan merupakan seorang pengusaha, pendidik sekaligus investor yang percaya pada pandangan bahwa dunia akan lebih baik jika pengusaha menciptakan lapangan melihat judulnya yaitu, Rich Dad Poor Dad yang artinya "Rich Dad and Poor Dad", pilihan kata ini tajam sekaligus brilian. Penulis dengan mudah menarik minat dan rasa penasaran pembaca dengan diksi yang cukup menarik, dimana kedua hal tersebut ditujukan kepada Rich Dad yang merupakan ayah sahabatnya dan Poor Dad yang merupakan ayah buku tersebut, penulis mencoba membandingkan pola pikir tentang uang kedua bapak yang memiliki kondisi ekonomi yang berbeda, seperti yang tertulis dalam buku âAlih-alih menerima yang satu atau menolak yang lain, saya mendapati diri saya berpikir lebih jauh, membandingkan, lalu memilih sendiri. sendiri. Saya sendiri.â Penggunaan kata âkayaâ dan âmiskinâ sebenarnya tidak sepenuhnya benar karena dilihat dari kalimat selanjutnya penulis mengatakan âMasalahnya Ayah Kaya tidak benar-benar kaya dan Ayah Miskin tidak benar-benar miskin. karir dan keduanya memiliki perjuangan dalam hal uang dan keluarga Tapi mereka memiliki pandangan yang sangat berbeda tentang uang. Dari sini kita dapat menangkap sudut pandang penulis bahwa ayah kaya dan miskin saat ini bukan dari sudut pandang ekonomi, melainkan dari sudut pandang mereka masing-masing tentang uang. Ini akan menjadi pembeda dasar tentang uang untuk bagi mereka yang menganggap narasi itu sebagai omong kosong sejak awal, mereka akan berhenti membaca di sini. Bagian yang menarik di sini adalah bahwa meskipun mereka berdua bekerja untuk Ayah Kaya, di mana pada awalnya mereka hanya dibayar sepuluh sen per jam, mereka tidak dibayar sama sekali. Robert yang saat itu berusia 9 tahun menjadi sangat marah kepada Ayah Kaya karena merasa seharusnya Ayah Kaya menaikkan gaji mereka. Hingga suatu hari jawaban Ayah Kaya itu memberi pelajaran berharga bagi awal buku, penulis bercerita tentang Rich Dad yang mengajari sahabatnya dan secara langsung ia juga mendapat ilmu tentang uang. Alur cerita tentang bagaimana upaya ayah kaya untuk mendidik dia dan Mike tentang sifat uang yang tidak dapat diprediksi membuat saya penasaran dan terus membaca untuk mencari tahu apa yang terjadi selanjutnya. Ada cerita yang cukup menggelitik, dimana mereka berdua bekerja untuk Rich Dad, yang awalnya hanya digaji sepuluh sen per jam, namun tidak digaji sama sekali. Robert yang saat itu berusia 9 tahun menjadi sangat marah kepada Ayah Kaya karena merasa seharusnya Ayah Kaya menaikkan gaji mereka. Hingga suatu hari jawaban Ayah Kaya itu memberi pelajaran berharga bagi Robert. Bagian ini menurut saya cukup membuat penasaran, namun saya merasa bagian ini akan membuat sebagian orang berhenti membaca, karena mereka akan menganggap narasinya hanya omong kosong belaka. Penulis mengatakan bahwa uang jarang dapat menyelesaikan masalah keuangan seseorang. Kecerdasanlah yang memecahkan masalah. Di sini Anda dapat melihat bahwa penulis sedang mencoba memilah gambaran logis tentang keuangan yang begitu penting. Sebab, kecerdasan finansiallah yang akan sangat mempengaruhi pertimbangan kita dalam menentukan arus kas. Seperti yang diilustrasikan diagram, inilah perbedaan mendasar antara si kaya dan si miskin dan kelas menengah. Salah satu contoh menarik dalam kehidupan sehari-hari yang ia kemukakan, yaitu âBanyak masalah keuangan yang besar disebabkan oleh orang yang berusaha mengimbangi tetangganya. Terkadang kita semua perlu bercermin dan jujur dengan kebijaksanaan batin kita daripada ketakutan kita."Di akhir buku, kalimat-kalimat yang ditulis oleh penulis terbilang unik, yang dibuka dengan kalimat âI want to share my last thinking with youâ. Hal ini membuat bagian penutup buku ini seolah menjadi perpisahan bagi saya sebagai pembaca yang sudah membaca bagian buku ini selama ini. akhir. Alih-alih melanjutkan kalimat penutup, penulis memilih untuk membawa pembaca kembali ke alasan mengapa buku ini ada. 1 2 Lihat Book Selengkapnya
Hingga saat ini,masih banyak orang yang terjebak dengan mindset yang salah tentang uang. Pasti Anda sering mendengar kalimat seperti ini âBila ingin menjadi sukses dan kaya, harus belajar dengan rajin agar bisa diterima di universitas ternama supaya mudah bekerjaâ. Dari kalimat tersebut, Anda bisa melihat bahwa masih banyak orang bekerja untuk uang dan bukan sebaliknya. Sayangnya, hal ini juga masih terjadi di belahan dunia lain. Selain itu, banyak orang masih terjebak gaya hidup yang cenderung liabilitas sehingga banyak dari mereka yang harus mengalami masa sulit tanpa uang sama sekali. Oleh karena itu, melalui buku berujudul "Rich Dad Poor Dad", Robert T. Kiyosaki mencoba mematahkan pola pikir mindset yang salah tersebut. Terbit pada 1997, hingga saat ini buku ini masih konsisten menjadi International Best Seller. Buktinya, buku ini telah berada di daftar New York Times Bestseller selama lebih dari enam tahun dan mendapat banyak pujian. Buku ini pun telah terjual sebanyak 32 juta copy dan telah diterjemahkan ke lebih dari 51 bahasa termasuk bahasa Indonesia. Buku ini menitikberatkan betapa pentingnya pendidikan finansial yang jarang diajarkan di sekolah-sekolah. Banyak Gagasan dalam buku ini yang dapat memberikan sudut pandang bau kepada pembaca tentang uang yang tidak pernah terpikirkan sebelumnya. Buku ini adalah titik awal yang tepat bagi siapapun yang ingin mengendalikan keuangan dengan cerdas. Bila Anda salah satunya, maka buku ini akan sangat membantu Anda. Berikut ini review buku Rich Dad Poor Dad. Review Buku Rich Dad Poor Dad Buku Ini diawali dengan penjelasan asal mula kata âRich Dad Poor Dadâ. Disini Robert menjelaskan bahwa ia memiliki dua ayah. Ayah pertama adalah ayah kandungnya sendiri yang merupakan seseorang yang berpendidikan tinggi. Ia juga memiliki gelar dan melanjutkan studinya ke berbagai universitas dengan beasiswa penuh. Namun, ayah pertama ini harus berjuang untuk mendapatkan uang dan pada akhirnya hanya meninggalkan banyak hutang. Ayah pertamanya ini, disebut Robert sebagai "Poor Dad". Ayah keduanya adalah ayah dari temannya yang tidak lulus SMP. Namun, ia berhasil menjadi salah satu orang terkaya dan teah mnenyumbangkan uang hingga puluhan juta dolar bagi keluarganya dan demi amal kemanusiaan. Ayah kedua inilah yang Robert sebut "Rich Dad". Kedua ayah ini berperan sangat besar bagi Robert dalam membentuk pola pikirnya tentang uang. Nasihat dari kehadiran dua orang inilah yang Robert jadikan sandaran dalam melihat uang dari dua sudut pandang, yakni sudut pandang orang kaya dan sudut pandang orang miskin. Begitu banyak informasi dalam buku ini yang disajikan dengan bahasa yang ringan dan mudah dim negeri sehingga membuat pembaca tidak bosan untuk membaca buku ini hingga selesai. Selain itu, buku ini memuat banyak dobrakan yang tidak pernah terpikirkan sebelumnya. Salah satunya adalah gagasan Robert yang menentang bahwa rumah dan kendaraan bukanlah aset melainkan liabilitas. Selain itu, Robert juga menekankan kepada pada orang tua untuk tidak bergantung pada sekolah untuk mengajarkan tentang kepada anak. Kutipan tentang Keuangan dari Buku Rich Dad, Poor Dad Melalui buku ini, Robert telah mengubah mindset jutaan orang di seluruh dunia tentang uang. Hal ini pun tertuang dengan berani dan apa adanya dalam berbagai kutipan yang ada di dalamnya. Berikut ini beberapa kutipan tentang keuangan uang dari buku Rich Dad, Poor Dad. âAda perbedaan antara menjadi miskin dan menjadi bangkrut. bangkrut itu sementara. miskin itu selamanya.â âUang adalah satu bentuk kekuatan. Namun, yang lebih kuat adalah pendidikan keuangan.â âOrang miskin dan menengah bekerja untuk uang. Orang kaya membuat uang bekerja untuk mereka.â âKalian miskin hanyalah kalau kalian menyerah. Yang paling penting adalah bahwa kalian melakukan sesuatu. Kebanyakan orang hanya berkata dan bermimpi ingin kaya.â âTak perlu mengkhawatirkan sekarang. Cukup ketahui bahwa rasa takutlah yang membuat kebanyakan orang terus bekerja.â âBukan seberapa banyak uang yang kita hasilkan, tetapi seberapa banyak uang yang kita simpan.â âOrang kaya membangun aset. Orang miskin dan kelas menengah membangun liabilitas, tapi mereka mengira itu aset.â âSekolah dirancang untuk menghasilkan karyawan yang baik. bukanya pemberi kerja yang baik." âKebanyakan dari kita menghabiskan hidup untuk mengurusi bisnis orang lain dan membuat orang itu kaya. tanpa kita berani untuk memulainya."
Silahkan Login untuk menulis review Masdaf 354 Rated it 2 years agosaya ambil kutipan "Hindari dan jauhi gaya hidup konsumtif", jika semua org tidak konsumtif dan gaya hidup minimalis, bagaimana nasib para pembisnis gadget,mobil,motor,jam tangan dll. ada yg bisa bantu meluruskan? haha Ilham Raspati 02 Jul 2020 Tenang kaka... hehe, bawaan alamiah manusia suka memiliki barang baru dan bagus, jadi tetap aja akan banyak yang suka belanja barang konsumtif. Jangan khawatirin para pebisnis... Kebalikan orang yg hidup konsumtif adalah orang yang sedang berinvestasi, ia akan tetap belanja tapi barang yang bernilai jangka panjang seperti properti, tanah, surat berharga, dll Angie Li 04 Jul 2020 Setuju sama ilham, gunakan uang untuk membeli barang yang produktif dan membutuhka, bukan barang konsumtif sekali habis dan karena keinginan Angie Li Rated it 2 years agoBuku ini sangat booming di awal tahun 2000an, idenya yang fresh dibandingkan buku financial yang ada saat itu yang membuat buku ini menarik perhatian banyak orang. Coba deh siapa aja yang belum pernah baca buku ini, sempetin beli atau pinjem buku ini, kita akan kebuka pikiran apa yang salah selama ini, kemudian kita diperkenalkan dengan konsep dasar keuangan seperti aset, utang, cash, dll.
Last updated on January 18, 2023 Robert Kiyosakiâs Rich Dad Poor Dad was first published in 1997 and quickly became a must-read for people interested in investing, money, and the global economy. The book has been translated into dozens of languages, sold around the world, and has become the 1 personal finance book of all time. The overarching theme of Rich Dad Poor Dad is how to use money as a tool for wealth development. It destroys the myth that the rich are born rich, explains why your personal residence may not really be an asset, describes the real difference between an asset and a liability, and much more. Key takeaways/lessons learned Six lessons Robert Kiyosaki learned from his Rich Dad about making money and the mistakes that Poor Dad made Five obstacles to overcome before you can become rich and stay rich Ten steps to follow to develop your financial genius Actionable to-do steps you can put to work right away Chapter/Section Summaries Rich Dad Poor Dad contains a total of 10 chapters plus the introduction, but much of the book is focused on the first 6 parts or lessons. Weâll cover the introduction and the first 6 lessons, then the remaining 4 sections later in this review. Introduction Rich Dad Poor Dad Chapter 1 The Rich Donât Work for Money Chapter 2 Why Teach Financial Literacy? Chapter 3 Mind Your Own Business Chapter 4 The History of Taxes and the Power of Corporations Chapter 5 The Rich Invent Money Chapter 6 Work to Learn â Donât Work for Money Introduction Robert Kiyosaki, author of Rich Dad Poor Dad, had 2 main influential fathers in his life. Poor Dad was Kiyosakiâs biological father, a man who was highly intelligent and very well educated. Poor Dad believed in studying hard and getting good grades, then finding a well-paying job. Yet, despite these seemingly positive attributes, Poor Dad didnât do well financially. Rich Dad was the father of Kiyosakiâs best friend. He had a similar work ethic to Kiyosakiâs real dad, but with a twist. Rich Dad believed in financial education, learning how money works, and understanding how to make money work for you. Although he was an eighth-grade dropout, Rich Dad eventually became a millionaire by putting the power of money to work for him. The book is written from Kiyosakiâs perspective of how Rich Dad went about making money and the mistakes that Poor Dad made. The first 6 chapters of Rich Dad Poor Dad make up about two-thirds of the book and discuss the 6 lessons that Kiyosaki learned from his Rich Dad. Chapter 1 The rich donât work for money Oftentimes people misunderstand the title of this chapter, and mistakenly believe that it means the rich donât work. In fact, the complete opposite is true. Instead of reading the chapter title as âThe Rich Donât Work for Moneyâ, what Kiyosaki means to say is that âThe Rich Donât Work for Money.â Note that by putting the emphasis on the word âmoney,â this section takes on an entirely different meaning. The truth is that the majority of rich people do work very hard, but they go about it differently than most people do. Rich peopleâand people who want to become richâwork and learn every day how to put money to work for them. As Rich Dad says, âThe poor and middle class work for money. The rich have money work for them.â Kiyosaki also notes that having a regular job is just a short-term solution to the long-term problem or challenge of creating wealth and financial freedom âItâs fear that keeps most people working at a job the fear of not paying their bills, the fear of being fired, the fear of not having enough money, and the fear of starting over. Thatâs the price of studying to learn a profession or trade, and then working for money. Most people become a slave to moneyâand then get angry at their boss.â Chapter 2 Why teach financial literacy? The second chapter of Rich Dad Poor Dad explains the difference between an asset and a liability. Chapter 2 drives home the point that itâs not about how much money you make, but about how much money you keep. An asset is something that has value, that produces income or appreciates, and has a market where the asset can easily be bought and sold Assets produce income Assets appreciate Assets do both Conversely, liabilities take money out of your pocket because of the costs associated with them. When Rich Dad Poor Dad was first published back in 1997, Kiyosaki created a lot of controversy with this statement. Thatâs because by definition, a personal residence isnât an asset unless it appreciates enough to offset the costs of ownership. On the other hand, rental property is an asset because it can generate enough passive income to exceed the expenses of operating and financing the real estate. As Kiyosaki writes in Chapter 2 of Rich Dad Poor Dad, âWant to grow rich? Concentrate your efforts on buying income-producing assets â when you truly understand what an asset is. Keep liabilities and expenses low. Youâll deepen your asset column.â Chapter 3 Mind your own business There are 2 key messages in this chapter. First, pay off your debts and start investing in income-producing assets as soon as possible. Next, stay financially healthy by spending your time instead of your paycheck and investing as much of your money as possible in assets. Kiyosaki notes in Chapter 3 of Rich Dad Poor Dad that most people confuse their profession with their business. In other words, they spend their entire lives working in somebody elseâs business and making other people rich. One of my favorite quotes from this section is âThe primary reason the majority of the poor and middle class are fiscally conservative is that they have no financial foundation. They have to cling to their jobs and play it safe. They canât afford to take risks.â Chapter 4 The history of taxes and the power of corporations When reading this chapter, itâs important to keep in mind that Kiyosaki wrote Rich Dad Poor Dad as a motivational book, not to provide expert financial or tax advice. For example, Kiyosaki writes about the time he bought a Porsche and treated it as a business expense, using before-tax dollars. Buying a high-end luxury car when a much less expensive make and model would do could put an investor on the fast track to an IRS audit. But putting the Porsche aside, the points made in this chapter discuss how to play the investment game smart. The rich understand the power of company structures and the tax code and use every legal means they can to minimize their tax burden. Compare how business owners and investors with corporations such as C corps, S corps, or LLCs pay taxes to how most people pay tax Business owners with a corporate structure Earn Spend Pay taxes Employees who work for corporations Earn Pay taxes Spend Notice that employees who work for somebody else spend their money post-tax, while business owners earn and spend before paying tax. Chapter 4 of the book also covers the 4 main components of what Kiyosaki calls âFinancial IQâ Accounting, Investment Strategy, Market Law, and Law. As Rich Dad Poor Dad reminds us, understanding the legal and tax advantages significantly contribute to building long-term wealth âFor instance, a corporation can pay expenses before paying taxes, whereas an employee gets taxed first and must try to pay expenses on what is left. . . Corporations also offer legal protection from lawsuits. When someone sues a wealthy individual, they are often met with layers of legal protection and often find that the wealthy person actually owns nothing [in their own name]. They control everything, but [personally] own nothing.â Chapter 5 The rich invent money Inventing money means finding opportunities or deals that other people donât have the skill, knowledge, resources, or contacts for. In Chapter 5, Rich Dad Poor Dad explains there are 2 types of investors Investment packages are bought by people who entrust their money to a developer or fund manager. This is the way that most people invest, such as buying shares of an ETF or putting money into a real estate crowdfunding venture. Professional investors look after their own investments, research the market to find deals that make sense, then hire professionals to manage the daily oversight. Professional investors have 3 things in common Identify opportunities that other people have not found Raise funds for investment Work with other intelligent people Hereâs one of my favorite closing thoughts from this chapter âSome people argue that there arenât real estate bargains where they are, but there are prime opportunities everywhere that are overlooked. Most people arenât trained financially to recognize the opportunities in front of them.â Chapter 6 Work to learnâdonât work for money Poor Dad was intelligent and well educated and worked for money because job security meant everything to him. Rich Dad became a millionaire by working to learn. As Kiyosaki writes âI recommend to young people to seek work for what they will learn, more than what they will earn. Look down the road at what skills they want to acquire before choosing a specific profession and before getting trapped in the Rat Race.â In fact, thatâs exactly what Kiyosaki did. He joined the Marines after graduating from college and learned the essential business skills of leading and managing people. After serving his country, Kiyosaki joined Xerox, overcame his fear of rejection to become one of the top 5 salespeople in the company, then left the corporate world to form his own business. Chapter 6 of Rich Dad Poor Dad then discusses the synergy of management skills needed for success in business Cash flow management Systems management People management Overcoming Obstacles Chapter 7 of Rich Dad Poor Dad begins by noting that âthe primary difference between a rich person and a poor person is how they manage fear.â Robert Kiyosaki isnât talking about the type of fear that some people have when going to the dentist or watching The Exorcist. In the book, âfearâ is about the fear of losing money and how to handle that fear. Itâs one of the 5 biggest obstacles people face on the path to becoming financially independent Fear Cynicism Laziness Bad habits Arrogance These roadblocksâand the failure to overcome themâare why people who have studied and achieved financial literacy are still unable to develop assets that generate plentiful amounts of cash flow. Fear Losing money is a fact of investing life, and so is the fear that comes along with it. Kiyosaki notes that heâs never met a rich person who has never lost money, but heâs met plenty of poor people who have never lost a dime because theyâve never invested. Real estate investors who choose to act only on a âsure thingâ are paralyzed by fear in disguise. People who canât see the big picture and think big are the ones who almost never, ever succeed in investing or in life. Cynicism Everybody has doubts that affect self-confidence, and itâs easy to fall into the trap of playing âWhat if?â especially when friends and family are constantly reminding you of your potential shortcomings. Things like the economy crashing, interest rates rising, and tenants not paying their rent are common âwhat ifâ fears that all real estate investors have. While these are important items to consider, itâs important not to allow the cynicism of others to overtake your control. Otherwise, you may become immobilized as opportunities pass you by. Laziness In todayâs interconnected world itâs easy to confuse being busy with actually accomplishing things that matter. In fact, according to Rich Dad Poor Dad, busy people are often the most lazy. Busy people arrive at the office early and leave late. They bring work home to finish at night and on the weekends. Before they know it, the people and things that matter most to them have disappeared. Instead of giving in to the call of the rat race and mistaking action for accomplishment, successful real estate investors are proactive and take care of themselves and their wealth first. Bad habits Habits control behavior. For example, most people pay their bills first before they pay themselves. The result is that thereâs usually very little left over at the end of the month for investing. Paying yourself firstâeven if you donât have enough money to pay other peopleâmakes you financially stronger, mentally and fiscally. In a way, itâs a form of reverse psychology. When you develop the habit of paying yourself first, you become motivated by the fear of not being able to pay creditors. In turn, you begin looking for other forms of income like investment real estate. Arrogance Investors know what makes them money. But itâs the things they donât knowâand donât know they donât knowâthat makes them lose money. When people become truly arrogant, they honestly believe that what they donât know doesnât matter. Train yourself to listen to what other people have to say, especially when it comes to money and investing. If you discover youâre ignorant about a subject, educate yourself or find an expert in the field. Overcoming these 5 biggest obstacles on the path to real estate success requires a blend of balance and focus. There are plenty of âChicken Littlesâ in the world todayâpeople with a victimhood mentality who live their lives in cynicism and pessimism. Rich Dad Poor Dad suggests filtering negative people and their fears out of your life. Instead, concentrate on the big picture and always ask, âWhatâs in it for me?â Getting started In Chapter 8, Rich Dad Poor Dad tells us that âthere is gold everywhere, most people are not trained to see it.â Part of this lack of vision and clarity comes from the world we live in. Weâre trained from a very young age to work hard for someone else, spend the money that we earn, and borrow more if we run short. Unfortunately, people who choose to become one of the masses never take the time to develop their financial genius. Investing in real estate is the perfect example. The average person can spend a week out in the field and find nothing, while the investor who has trained himself can easily find four or five deals that make sense in a single day! Here are the 10 steps to follow to develop your financial genius and discover the gold thatâs already out there, just waiting to be found Have a deep emotional reason or purpose for doing what you do, a combination of wants and donât wants. Understand the power of choice and choose daily what to do, including choosing the right habits and educating yourself. Choose your friends carefully by leveraging the power of association, being careful not to listen to poor or frightened people. Master the power of learning quickly and develop a formula for making money. Pay yourself first by mastering the power of self-discipline to manage your cash flow, people, and personal time. Select great people for your team and compensate them generously for their advice, because the more money they make the more money you will make. Ask âHow fast do I get my money back?â by focusing on return of investment first, followed by return on investment. Use money generated by assets you own to buy luxuries by focusing on self-discipline to direct money to create more. Have a role model to follow and tap into the power of their genius to put to your use. Realize that if you want something, you need to give something first. Still want more? Here are some to-doâs. In the final section of Rich Dad Poor Dad, Chapter 9, Kiyosaki pulls the key lessons of the book together into a checklist of actions you can start taking today Stop doing what youâre doing by taking a break and assessing what is and isnât working. Look for new ideas by finding resources on different and unique subjects. Find a mentor whoâs been where you're going, take them to lunch and pick their brain. Always be learning by taking classes, attending seminars, and reading. Make lots of offers always with escape clauses because eventually someone will say âYes.â Spend 10 minutes each month for the next 12 months walking, running, or driving a certain area and looking for changes that create bargains. Shop for real estate deals when the market corrects, because profits are made when buying, not when selling. Learn how, when, and where to buy by investing in your education. Think bigger to get richer, because small thinkers donât get the big breaks. Most people only look for what they can afford, so buy a bigger pie and cut it into pieces by finding a buyer first, then a seller. Negotiate volume discounts by thinking big, pooling people together, and buying in bulk. Read and learn from history, because history always repeats itself. Action always beats inaction. Is Rich Dad Poor Dad Worth Reading? The goal of Rich Dad Poor Dad is to motivate you to develop your own unique path to financial freedom. While the book doesnât take a one-size-fits-all approach with ready-made answers, it does provide an excellent framework for creating your own objectives to build wealth by investing in real estate. Strengths Provides a contrarian view that is different from the âcommon knowledgeâ found in most personal finance education Focuses on turning income you earn into assets that produce even more income Encourages controlling spending and expenses Explains why investors should focus on real estate vs. other asset types Emphasizes the power of thought and continual learning Talks about taking action instead of just thinking about it Weaknesses Success examples in the book are unique to Kiyosakiâs specific situation and may be hard to replicate Some parts of the book also lack detail, which may make the concepts discussed more difficult to apply Frequently demeans people who are more comfortable following the herd rather than thinking for themselves Rich Dad Poor Dad is a motivational book, not a book written by a financial exper
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