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Author: Robert T. Kiyosaki

Narrator: Ryan

Format: MP3

IBSN: 9780359727896

Language: English

Publish Date: 30/08/2024

Audiobook length: 31 min

Rich Dad Poor Dad Summary Audiobook

Chapter 1Overview
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Chapter 2Think like the rich
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Chapter 3Learn to know the difference between an asset and a liability
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Chapter 4Invest like the rich
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Chapter 5Summary & review
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Why listen to Rich Dad Poor Dad

You probably have a stable and decent job, but you do not dare to rest for a second, because you are afraid that, should there be an unexpected accident, you will lose everything you have. How can you become a truly rich person, who does not have to worry about livelihood and can make financial freedom a reality? This book will tell you this: being hardworking is not enough; you also need a bit of financial intelligence. This book is just about to help you develop your financial intelligence and understand the secrets behind the mindset of the rich.

Author : Robert T. Kiyosaki

The author of this book, Robert T. Kiyosaki, is known as ‘The Godfather of Millionaires’ and ‘The Money Coach’. He is a popular financial expert. He invented a money game called the ‘CASHFLOW® Game’, as a way of helping people better understand the mindset behind the rich when they manage their money. Through his ‘Rich Dad’ book series, Robert not only changed his own life, but also how people came to think about money management for a whole generation.

Key Insights fromRich Dad Poor Dad

  • 1. The Importance of Financial Education: Kiyosaki emphasizes that traditional education does not teach essential financial skills, leading many to be financially illiterate. He argues that understanding how money works is crucial for achieving financial independence.
  • 2. The Difference Between Assets and Liabilities: A fundamental lesson from the book is that the wealthy focus on acquiring assets—things that put money in your pocket—while the poor and middle class often accumulate liabilities that take money out. Kiyosaki's insight encourages readers to invest in assets like real estate and businesses to build wealth.
  • 3. The Mindset of Wealth: Kiyosaki highlights the significance of adopting a mindset conducive to financial success, which includes taking risks and thinking like an entrepreneur. By embracing opportunities and overcoming fears, individuals can create wealth rather than becoming complacent with job security.
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