Chapter 3: Mind Your Own Business
There are two key messages in this chapter.
First, pay off your debts and start investing in income-producing assets as soon as possible.
Next, stay financially healthy by spending your time (instead of your paycheck) and investing as much of your money as possible in assets.
Kiyosaki notes in Chapter 3 of Rich Dad Poor Dad that most people confuse their profession with their business. In other words, they spend their entire lives working in somebody else’s business and making other people rich.
One of my favorite quotes from this section is:
“The primary reason the majority of the poor and middle class are fiscally conservative is that they have no financial foundation. They have to cling to their jobs and play it safe. They can’t afford to take risks.”
Reyaan
15-Apr-2022 04:06 PM
Nice 👌
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Sachin dev
15-Apr-2022 02:20 PM
Very nice
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