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Rich Dad Poor Dad – By Robert kiyosaki

Rich Dad Poor Dad is one of the best selling books of Robert kiyosaki. It has been read by over million people worldwide. If you haven’t read this book yet, then you are missing out something big.  He teaches about financial intelligence in his book. The actual meaning of financial intelligence is how to make money. There are also some other key point he discussed in his book. If you are in network marketing business and yet to get success then it will be better suggestion for you to read Robert kiyosaki’s book Rich Dad Poor Dad. Acquire assets and reduce liabilities is one of the main point discussed in this book what is very necessary in network marketing field. This is a simple idea but people cant not able to use it in the right process.  Robert kiyosaki also describe in his book how network marketing can be a great future if you apply the right trick.

Get assets, and reduce liabilities

One of main points in book, which made lots of sense is to get assets as well as reduce the liabilities. This appears like simple idea, which lots of people try and do, however Robert Kiyosaki explains there are many people doing that wrong! Your car and house is not the asset, in case, you have the mortgage eats away at the money. The assets are the things, which make you money like real estate, stocks, which you get to sell on for the profit, and business you own.

Cash Flow

Robert designed the simple diagram of cash flow of the poor person, the middle class person as well as rich. Poor & middle class’s money also comes in & out. Rich circulate the money to make little more money.

Wealth

Few of “middle class ” think themselves very wealthy because of fact they have the nice house, car, as well as are enjoying luxuries in the life. However, Robert thinks very differently, he also measures the true wealth from how long that you may survive in case, you lose job and retire. Robert retired in mid 30’s, because he felt he had enough of wealth and can continue the3 lifestyle what his assets were offering him, and also decided to work when he required more of money and felt like it.

 

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