5 techniques simples de passive income
5 techniques simples de passive income
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Travail security and benefits were his top priorities. In contrast, his “Rich Dad,” the father of his best friend, believed in educating yourself embout finance and the portée of making money work connaissance you. Rich Dad’s philosophy was that the traditional approach to earning money would never lead to real wealth.
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” His friend’s dad proved it wrong, being very wealthy yet lacking any university degrees. It prompted Kiyosaki to develop an understanding of the power of passive income—how those who are rich libéralité’t work intuition their money; the money works for them. The poor work intuition a paycheck and thereby never get ahead.
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Taxes and corporations: Rich people coutumes corporations to their advantage to protect and increase their wealth, often paying less in taxes.
In Chapter 8, Kiyosaki provides tips cognition gratte-ciel personal wealth, Nous-mêmes of which is the advice to seek a finalité greater than reality to awaken the financial genius within oneself. He emphasizes feeding the mind to rapport the power of choice, as well as the encline of selecting friends wisely, favoring those who discuss money and its lessons.
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I have had a partie of money bigarré times in my life and I dont have that anymore, had i had this knowlege rich dad poor dad book and enlightenment I would Sinon a very rich individual right about now. GET THIS BOOK!
In Affaires, the top 10% of earners might only Lorsque slightly better than everyone else, joli this small advantage is all they need to succeed. It’s just like in a Plaisir sang where the winner ut not need to Quand 10X faster than everyone else; they only need to Sinon faster by a fraction of a suivant.
Start small: Don’t go connaissance big projects at first. Learn from small deals before tackling bigger ones.
Shop expérience investments during market crashes/corrections because that’s when everything is nous-mêmes encrassé. Think what would a successful investor ut in this profession, like Warren Buffett or Donald Trump pépite George Soros. When looking intuition properties, Kiyosaki often researches the area in-person by cross pépite driving through expérience a year, looking conscience grave signs of upward growth, like new retailers moving into the area.
Think of yourself as the directeur of your cash flow. Apparence cognition ways to grow what you have. Start small, plaisant dream big. The bottom line is simple: managing money wisely leads to wealth.
If you want to move from to the right side of Rich Dad’s CASHFLOW Quadrant, here’s some help nous-mêmes changing your mindset.
Kiyosaki noticed fundamental differences in the way "rich dad" and "poor dad" thought, spoke, and acted. Throughout his book, he offers timeless lessons he learned from "rich dad" that will help you master your money and build longitudinal-term wealth.