Fauzan P.’s Post

Rich Dad Poor Dad" by Robert Kiyosaki is a financial awakening in book form. Kiyosaki's storytelling and the stark comparison between his "Poor Dad" and "Rich Dad" create a thought-provoking narrative that changes your outlook on money. The book's brilliance lies in its simplicity. It takes complex financial concepts and makes them accessible to everyone. It challenges the traditional idea of job security and traditional education, urging readers to seek financial literacy and entrepreneurship. "Rich Dad Poor Dad" doesn't just stop at changing your mindset; it provides practical advice on building wealth, emphasizing the importance of assets and passive income. It's like a blueprint for financial success. This book is a must-read for anyone looking to escape the paycheck-to-paycheck cycle and take control of their financial future. It's a timeless classic that has empowered countless individuals to make smarter financial choices and work towards financial freedom. If you want to unlock your financial potential, "Rich Dad Poor Dad" is the key. #richdadpoordad #financial #book #entrepreneur #reading

Book Review: Rich Dad Poor Dad by Robert T. Kiyosaki "Rich Dad Poor Dad" by Robert T. Kiyosaki is an enlightening exploration of personal finance and wealth-building strategies. The book contrasts the financial philosophies of two father figures in Kiyosaki’s life: his own (poor dad) and his best friend’s father (rich dad). Kiyosaki's poor dad, a well-educated man, believes in job security, traditional education, and saving money. In contrast, his rich dad, a successful entrepreneur, emphasizes financial education, investing, and understanding how money works to achieve financial freedom. Through anecdotes and lessons, Kiyosaki illustrates the fundamental differences between these two mindsets. The book encourages readers to break free from conventional financial wisdom and adopt a proactive approach to wealth creation. Kiyosaki stresses the importance of financial literacy, investing in assets that generate income, and the mindset shift necessary to think like the wealthy. "Rich Dad Poor Dad" is engaging and thought-provoking, making complex financial concepts accessible to readers of all backgrounds. Its practical advice and inspiring narrative have made it a seminal work in personal finance, urging individuals to take control of their financial destinies. Whether you're just starting on your financial journey or looking to enhance your knowledge, this book offers valuable insights for achieving financial independence.#Innovation #Management #DigitalMarketing #SocialNetworking #Motivation #PersonalDevelopment #Technology #Creativity #Entrepreneurship #Careers

Financial freedom begins with a mindset shift. In Chapter One of the insightful book Rich Dad Poor Dad, the lesson is clear: "The poor and the middle class work for money. The rich have money work for them." This principle is a cornerstone of financial literacy and highlights the importance of leveraging investments and assets to build wealth. It's not merely about earning a higher salary; it's about making strategic decisions that allow your money to grow and work for you over time. Understanding and adopting this mindset can lead to profound changes in your financial journey. Whether you’re aiming to break free from the paycheck-to-paycheck cycle or seeking to enhance your investment strategies, this lesson is invaluable. For those eager to delve deeper into such transformative financial insights, I highly recommend exploring a range of ebooks available on this topic. Equip yourself with the knowledge to make informed decisions and pave your way to financial independence. Visit https://lnkd.in/d2KYkcqi to access a curated collection of ebooks that can guide you towards smarter financial decisions. #FinancialLiteracy #WealthMindset #InvestSmart #PersonalGrowth #RichDadPoorDad #MindsetShift #FinancialFreedom #Entrepreneurship #Investing #Ebooks #LearnAndGrow

Last week I asked that we select one of two books I posted which you’ll like me to start a review on: Richard Templar's, The Rules of Life or The Rules of Wealth. Majority chose the Rules of Wealth. Here we go!🚀 This book has 100 chapters, analyzing the behaviours, mindsets, lifestyles and the financial know-how behind becoming a richer, happier and a more prosperous person. The chapters are divided into 5 sections: Thinking Wealthy, Getting Wealthy, Getting Wealthier, Staying Wealthy and Sharing Your Wealth. If you are having a “get rich quick” mindset, this book isn’t for you. It has to do with rules. Rules that can set you on the right path of wealth, rules that will help you avoid mistakes. “This book provides a set of principles, strategies and things to understand and to do that won’t make you get rich quick, but they will increase the odds of your making money and growing your wealth while remaining a decent person. No individual rule guarantees success. But each narrows the odds.” In the next few weeks I’ll be reviewing each of the rules. Stay Tuned! #bookreview #therulesofwealth #RichardTemplar

Certainly! Here are 10 key points from the book "Rich Dad Poor Dad" by Robert Kiyosaki: 1. **Difference in mindset**: The book discusses the different mindsets of the author's "rich dad" (his friend's father) and his "poor dad" (his biological father), emphasizing the importance of financial education and thinking differently about money. 2. **Assets vs. Liabilities**: Kiyosaki introduces the concept of assets and liabilities, emphasizing the importance of acquiring assets that generate income rather than liabilities that drain it. 3. **Importance of financial education**: The book stresses the significance of financial literacy and education in achieving financial independence, arguing that the traditional education system often neglects this crucial aspect. 4. **Work to learn, not for money**: Kiyosaki advocates for working not solely for a paycheck, but also for the knowledge and skills gained, which are essential for building wealth. 5. **The power of entrepreneurship**: "Rich Dad Poor Dad" encourages entrepreneurship as a path to financial success, highlighting the benefits of owning one's business and creating multiple streams of income. 6. **Mindset of taking risks**: The book promotes taking calculated risks and stepping out of one's comfort zone in order to achieve financial growth and success. 7. **Importance of making mistakes**: Kiyosaki emphasizes the value of learning from mistakes and failures, viewing them as opportunities for growth and improvement rather than setbacks. 8. **The role of fear and desire**: The author discusses how fear and desire can influence financial decision-making and how understanding and managing these emotions are crucial for success. 9. **Building wealth through investing**: "Rich Dad Poor Dad" encourages readers to invest in assets such as real estate, stocks, and businesses as a means of building wealth over the long term. 10. **Financial independence**: Ultimately, the book's goal is to empower readers to achieve financial independence by adopting the mindset and strategies of the wealthy, rather than relying solely on a traditional job or paycheck. #bookreview #bookreviews #bookreviewer #bookreviewers #bookreviewing #bookreviewblog #bookreviewblogger #bookreviewpodcast #bookreviewsbyallen

Here's why we highly recommend this book! "Rich Dad Poor Dad" is not just a book; it's a financial education that transforms how we think about money. Here are 5 key lessons: 1. Financial Education: Traditional education often neglects money matters. Learn about assets, liabilities, and financial intelligence. 2 Assets vs. Liabilities: Understand the difference between income-generating assets and resource-draining liabilities. 3. Entrepreneurship & Passive Income: Pursue entrepreneurship and passive income streams to break free from the traditional employment cycle. 4. Mindset Matters: Cultivate a wealth-building mindset by conquering fear and taking calculated risks. 5. Financial Independence: The book provides a roadmap for financial independence and smart wealth-building. In the words of Kiyosaki, "The poor and the middle class work for money. The rich have money work for them." This quote underscores the importance of creating passive income and smart investing for financial freedom. #FinancialFreedom #hireanddevelop #theVAway #bookreco

You are not broke, you are Pre rich! By Mapalo Makhu I remember seeing the title of this book and I thought to myself "what a fitting way to see your financial status". This is why I thought so: 1. Financial breakthrough starts in the mindset. 2. You know how they say, don't be negative about your life this applies to money too. Don't linger too much on words such as "I am broke", "bophelo ke skoloto"(life is debt) etc 3. Speak life into your finances first by changing your mindset this will make setting and achieving your goals more possible! I am so excited to start reading this highly recommended book for anyone embarking on financial independence, who knows one day I will provide a review! For those who have read the book, what are your thoughts on this book? #finances #books #reading

Hello Everyone!🫶 I recently finished this book! I would like to give a little overview abt most famous "Rich Dad Poor Dad Book" Author:Robert T. Kiyosaki! "Rich Dad Poor Dad" explains the financial lessons Kiyosaki learned from his "poor dad" (his real father) and his "rich dad" (his friend's father). The book talks about how these two men thought differently about money and investing!🌟🤑 What I Liked: The book makes financial ideas easy to understand and interesting. It teaches the importance of financial education and investing to build wealth:) What I Disliked: Sometimes, the advice seems too simple or risky, especially for people with little money. The book can be repetitive and doesn't always give c01)lear, detailed steps!! Round-Up: Overall, "Rich Dad Poor Dad" gives good advice on money and encourages readers to learn more about finances. It helps people think differently about money and how to achieve their financial goals!!! 💰 🫶 #Rating: I would give this book a 9 out of 10. It's engaging and motivational, but some advice may seem too simple or risky!! 01)

The book of: "Rich Dad Poor Dad" helps us discover the transformative power of passive income and portfolio management and learn how cash flow and emotional intelligence shape financial success in this insightful exploration of fear, greed, and the wealth mindset. In my opinion, the three most important key ideas are summarized as follows: 1- “The moment you make passive income and portfolio income a part of your life, your life will change.” 2- “Cash flow tells the story of how a person handles money.” 3- “People’s lives are forever controlled by two emotions, fear and greed.” Thus , I highly recommend reading this book, and you can share with us your preferable quotes. #richdadpoordad #passiveincome #portfoliomanagement #cashflow #emotionalintelligence #financialsuccess #wealthmindset #fearandgreed #keyideas #personalfinance #bookrecommendation