Rich dad, Poor dad by Robert Kiyosaki

1/∞

“The poor and the middle class work for money. The rich have money work for them.”

📚 Length: 195 pages

🔊Audiobook: 6 hours and 6 minutes

Rating: ⭐️⭐️⭐️⭐️⭐️⭐️

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I really wish I would have read this book 10 years ago. One Christmas, I got from my parents the board game CASHFLOW, but I’m reading the book from the creator of the board game 10 years later and I found it extremely valuable.

I’m not going to lie - it takes some tries and fails in order to understand what is Kiyosaki speakin’ about.. By the age of 18, I was an entrepreneur publishing a magazine. Since then I have traveled, learnt languages expecting that one day I will become highly paid slave. But bang, there is corona and nobody wants to pay slaves enough.

“A job is really a short-term solution to a long-term problem.”

I think the biggest lie I was told when I was a kid went: ,, Go to school, get good grades and one day you will get the job which pays for all of your perks.” That was the biggest fucking lie I have ever heard people to say.
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“Unfortunately, for many people school is the end, not the beginning.”

As in my family there are examples of smart entrepreneurs with small or very little formal education who earn more that the rest of highly-educated family combined.

I always got bored in the regular job... They never pay enough and they expect you to be loyal, to do a good job and care. Charles Bukowski said something like: “The most jobs are designed to pay you just enough in order for you to come back to work tomorrow.” Luckily, as Kiyosaki explains there is no real reason to be upset on your boss or with the government. 

“Rich dad went on to explain that the rich know that money is an illusion, truly like the carrot for the donkey.”

Everybody can win the rat race, by being smart and not being a meek dumb fucking compiler as taught in schools.

There is a loads of knowledge in the book I find applicable in day-to-day life. I also worked as a slave many times. Home and abroad and I have never stopped wondering how to get out of the rat race. How to become rich.

The problem most of us face is that you buy yourself a nice car, but then you discover it is only a liability - it is literally eating up your wallet alive. You invest in it only to discover that it has no real value after all. But if you are smart, you will invest in assets. In cryptos, bonds, stocks etc. With this book you would not only be able to keep your wealth, but also grow it and that’s all what Kiyosaki is about! 🤩 🤩 🤩

The book also intertwines with buddhism e.g. it speaks about importance of handling fear and desire.

Favourite quotes:

(1) “In school we learn that mistakes are bad, and we are punished for making them. Yet if you look at the way humans are designed to learn, we learn by making mistakes.”

(2) “People who avoid failure also avoid success.”

(3) “Texans don’t bury their failures. They get inspired by them. They take their failures and turn them into rallying cries. Failure inspires Texans to become winners.” - they are like Vikings, really. 

(4) “So when you’re in doubt and feeling a little afraid, just do what Colonel Sanders did to his little chicken. He fried it.”

(5) “The problem I see today is that there are millions of people who feel guilty about their desire or their “greed.” It’s old conditioning from their childhood. ”

(6) “Eleanor Roosevelt said it best: “Do what you feel in your heart to be right—for you’ll be criticized anyway. You’ll be damned if you do, and damned if you don’t.”

(7) “Look for people who want to buy first. Then look for someone who wants to sell.”

(8) “Buy the pie, and cut it in pieces. Most people look for what they can afford, so they look too small.”

⭐️⭐️⭐️⭐️⭐️⭐️

👉 Buy this book! 👈 through my link and help me build this website! 😊

Coming up next:

Principles by Ray Dalio

After reading this book I’m signing up for more knowledge and ideas 💡 on how to make money. Feel free to join me on Goodreads. More reviews are coming up. 🤩