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Penny · Money & Wealth Mindset

Rich Dad Poor Dad

by Robert Kiyosaki

Three key ideas

  1. Look at money coming in and going out, not at salary or things you can see.
  2. A high income can come with high expenses and debt.
  3. An asset tends to put money in your pocket. A liability tends to take money out.

The five 2-minute lessons

  1. 1.Cash flow beats status
  2. 2.Two lenses on one word
  3. 3.Learning before risk
  4. 4.Passive isn't the same as effortless
  5. 5.Mindset helps, but it's one input

From the comic

My pouch looks rich. Its contents declined the photo.

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