One of the most important tips provided by the book
“Rich Dad Poor Dad” by Robert Kiyosaki:
1. Asset investment
Focus on buying assets that generate income, such as real estate, stocks, and businesses, rather than things that consume money.
2. Financial education
Learn the basics of money, investing and accounting, and continue to develop your financial knowledge.
3. Risk management
Be prepared to take calculated risks and invest in opportunities that can increase your wealth in the long term.
4. Building cash flows
Work to achieve stable and sustainable cash flows from your investments.
5. Think like an entrepreneur
Look for opportunities to start your own business instead of relying solely on traditional work.
7. Control spending: Avoid overspending and control your expenses to maintain a balanced budget and invest the surplus.
The complete book is available for download in PDF format
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