Thinking is the hardest work there is. That is why so few people engage in it.
The technical skills of business are easy. The hard part is working
I do my best to explain that there are a lot of entrepreneurs out
there offering far superior products or services than are offered by
the mega-rich multinational corporations, just as there are billions
of people who can make a better burger than McDonald’s. But only
McDonald’s has created the system that has served billions of burgers.
The definition of wealth is the number of days you can survive
without physically working (or anyone else in your household physically
working) and still maintain your standard of living.
Wealth is measured in time, not dollars.
Ultimately, it’s not how much money you make that matters, but
how much money you keep, and how long that money works for you.
The reason so many people struggle financially is because, every time
they make more money, they also increase their two biggest expenses:
taxes and interest on debt.
Rich dad firmly believed that any financial advice was better
than no financial advice.
Just stop paying your property taxes, and you’ll find
out who really owns your property.
“The more people you’re indebted to, the poorer you are,” said rich
dad. “And the more people you have indebted to you, the wealthier
you are. That’s the game.”
In times of change, learners inherit the
earth, while the learned find themselves beautifully equipped to deal
with a world that no longer exists.