Day 11: 10 Do's - Don't On How To Be Successful
Here are 10 lessons I picked up reading Chapter 1 in Rich Dad Poor Dad. • The Poor Dad says rich should pay more taxes to take care of the less fortunate. But the RICH Dad says that taxes punish those who produce and reward those who don't produce. • The Poor Dad says to study hard to get the good job in a good company. On the contact the RICH DAD says find a good company and buy it. • The Poor Dad blames his kids for being poor. The RICH Dad says that the reason why he must be rich is because of the kids. • The RICH Dad encourages money talk at the table. The Poor Dad forbade topics of money at the dining table. • Now the Poor Dad looked at money being risky. He played safe. On the other hand the RICH Dad shared how managing risk around money could make you more money. • Interestingly the Poor Dad looked at the family home as the largest investment and greatest asset. While the RICH Dad looked at the family home as a liability. Interesting! • What surprised me is th...
