Everyone dreams that they should have a lot of wealth, expensive cars, bungalows, expensive clothes. Everyone sees this dream, but very few people are able to fulfill this dream. It’s not that people don’t work hard. Of course they work hard, but people do not know how to manage money. Because of this people’s dreams of becoming rich are not fulfilled.
Rich Dad Poor Dad PDF Book By Robert Kiyosaki
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About Book – Rich Dad Poor Dad PDF Book Download By Robert Kiyosaki
How to manage money is very well explained in the book Rich Dad Poor Dad written by Robert T. Kiyosaki. The book “Rich Dad Poor Dad” – What do rich people and poor people teach their children about money? Complete information about this in Hindi Every person wants to become rich. This thing is put in our mind since childhood, if you study well, bring good marks then you will get good job in future. And you will earn a lot of money.
But there are many people in our country India who are highly educated, and despite having a good job, are not financially strong. On the other hand, there are people who have neither studied well, nor work under anyone, yet they are at the forefront of the count of rich people. The best example of this is Dhirubhai Ambani ji.
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That is, we can say that no person can become poor and rich only on the basis of education and job. For this, it is very important for you to understand financial management. Let us explain this Finance Management to all of you from the summary of the book Rich Dad Poor Dad written by Robert Kiyoski. Robert T Kiyosaki has two fathers, one of whom is rich and one is poor.
Now you will think how two fathers? One is his birth father, who was poor. And the other father was his best friend’s father. Whom Robert considered his father. Rich Dad Poor Dad PDF Book One father who is poor, is very educated and his other father who is rich has not even completed his schooling. Both had worked very hard in their life and both had also achieved success in their field.
Their opinion about money was also completely different. Robert Kiyoski’s first father believed that he could not buy anything, while the second father was irritated by this. The other father would always tell Robert to think about how you can buy something. First the father’s thinking is negative. On the other hand, the thinking of the other father is questionable.
Negative thinking ends the matter right there. Whereas interrogative thinking makes us think about how we can achieve something. Rich Dad Poor Dad PDF Book When a person thinks in his mind that he cannot buy something, then his brain also stops working. But when a person questions his mind, his mind starts working. The mind starts looking for answers to questions.
This means that keep the mind away from negative things and let the mind do its work, this will keep the mind active and gradually become strong. Robert’s first father believed that you should not take risks. You study well, bring good marks and do a safe and secure job. On the other hand, Robert’s other father used to teach how to manage risk. Study and put your money to work.
We should have full knowledge of our assets and our liabilities. Wealth increases with wealth. Liability leads to loss of money or money. Rich Dad Poor Dad PDF If you want to be rich then you buy assets (land, bonds, share investments) and if you want to remain poor then you buy liabilities (furniture taken on loan, car, luxury products). Now do not get confused by looking at the liability, if you buy furniture or a car, then you will not get any kind of income from it.
Robert’s second father explained this to the robot that first of all you should keep a part of your earnings for yourself. And with that money buy yourself a property that will give you income. Not both of Robert’s father, he had taught him that if you make a mistake once, do not repeat that mistake again. Rather learn from him and move forward in your life. Robert’s rich father believed that we should not work for money.
Meaning one should not run after money, rather money should be made to work for us. At the same time, Robert’s other father used to pressure Robert to earn money. Rich Dad Poor Dad PDF Everyone should know how to identify the right opportunity, if you are not able to identify the right opportunity then you can never become rich.
Example: A man was passing through a road, there was a board in front of some house on which was written “House for sale”. There was a recession going on at that time. But the man does not let this opportunity pass without hesitation, and buys a decent house at a very low price. After a few days the recession is over, now he sells that house at double the price.
Although everyone saves money, saving here does not mean keeping your money in your cupboard or piggy bank. Saving here means investing your money in such a place that income continues. Rich Dad Poor Dad PDF Download At the same time, keep in mind that money should not be spent in such a place that there is no income of any kind. It doesn’t matter how much money you are earning, it does matter where and how you spend that money.
What do rich people teach their children about money that poor and middle class parents don’t! We are not taught in any school or college how to earn money, and how to spend it. Perhaps this is the reason due to which rich people become even more rich, and poor become even more poor. And the life of a middle class family is spent in repaying the loan installment only.
Money is a form of power, but financial education is even more powerful. Money comes and goes, but if you know how money works, you can get over it, and start building wealth. Rich Dad Poor Dad PDF Download Only positive thinking does not work. The reason for this is that most of the people go to school and college but they are not taught there how money works. That’s why they spend their whole life working for money.
He is an American businessman, author and investor. Robert is the founder of Rich Global LLC and Rich Dad Company. Rich Dad Company helps with personal finance and is a private financial education company that provides personal finance and business education to people through books and videos. Robert Kiyosaki is known all over the world for his thinking about how to earn money.
“Rich Dad Poor Dad” is the most read book of all the books written by Robert T Kiyosaki, which managed to be included in the best seller book of New York Times Magazine. Which is liked by 95% of the people of the world. Many books related to investment and business written by him are available in the market. He has written more than 20 books.