Sunday, October 23, 2022

What I think about the rich and the poor dad

When it comes to the book "Rich Dad Poor Dad," many people have read it, but how many of them have actually learned something from it, and what have they used it for in their own lives? I will share my discoveries with you. There were two things that really stood out to me as being quite significant. The first instance occurred when Rich Dad challenged them to find or invent a job that was superior to the one he had assigned them. To a certain extent, one is never content with what they receive. It does not matter how much money they pay us; we will never be content with our work. The second part discusses both assets and liabilities. There is nothing novel about it. The term "assets" is used to describe what is appropriate for us or what we are seeking to improve our wealth. This is the most fundamental explanation. By exercising a little bit of patience and removing some of the "PASSIVES" that are not necessary, we can avoid being tempted to make unnecessary purchases. Yes, we are able to afford them; however, if we only put them off for a bit after we have made the money work for us, it is not a secret that those who manage wealth do not spend it and instead keep it in the vault. They give it to enterprises that are already operating to help them expand. The act of investing in a company is a very great thing to do. You not only have the opportunity to improve your wealth but also to contribute to the creation of new employment opportunities. I find that I need to reread a book whenever I find that I am unable to comprehend it, but there are certain novels that should be read on an annual basis. It is effortless for people to forget. On the other hand, individuals exchange inspirational sayings and statements on social media, but they do not spend more than a few minutes assimilating them and putting them into practice in their own lives. Hearing or reading about it is one thing. Understanding and applying this is another matter.

Author: Sezgin Ismailov



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