5/12/2023 0 Comments Robert t kiyosaki father![]() I love all of these ideas, and I’m glad his presentation of them resonates with so many. He supports learning to cut your taxes, studying accounting, and mastering saving, then teaching all these skills to your children. While his definitions of assets and liabilities might not follow Generally Accepted Accounting Principles, it’s practical: assets put money in your pocket, and liabilities take money out of it. It’s how much money you keep.” You have to keep your spending down as your income goes up and invest the difference in assets, not liabilities. Kiyosaki says: “ It’s not how much money you make. That means saving a high percentage of your earnings and putting the money to work in profitable investments. The book does a great job of showing the reader how meaningful it is to learn how to manage your money. While this is a pretty obvious suggestion, it’s still a significant one. Learn Personal Finance (And Teach It to Your Kids) The ideas might seem a bit shallow and apparent to anyone already engaged in entrepreneurship or investing, but they can be profound if it’s your first exposure to them. ![]() Mainly, he makes some solid fundamental financial suggestions in an easily digestible manner. ![]() I’ll start this Rich Dad, Poor Dad review with what I think Kiyosaki does well. ❗️ Important Note: Do not take this book’s recommendations or any of my opinions on them as investment or tax advice. ![]()
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