Rich Dad Poor Dad

What’s the Book About?

Rich Dad Poor Dad is the author’s story of growing up with two dads – his real father and the father of his best friend, his rich dad – and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.

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Quotes From the Book

  • If you want to be rich, simply spend your life buying or building assets.

  • An asset is something that puts money in your pocket whether you work or not. A liability is something that takes money out of your pocket.

  • Keep your day job, be a great hardworking employee, but keep building that asset column.

  • The reason people don’t win financially is because the pain of losing money is far greater than the joy of being rich.

  • People don’t make money because they choose to not lose money.

  • Saying “I can’t afford it” is a sign of mental laziness. The question “How can I afford it?” puts your brain to work.

  • The ‘I-don’t-wants’ hold the key to your success.

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