Name: Rich Dad Poor Dad
Author: Robert Kiyosaki

Synopsis

Robert Kiyosaki tells what he learned about money from two fathers: his own, educated and well employed, and his friend's father, a businessman without a degree. The difference between assets and liabilities is the starting point for rethinking work, debt and investing.

My notes

I have to learn to save money and not spend everything I earn
Before buying something, I should think about whether I really need it
I want to learn to invest so my money grows
I shouldn't depend on a salary alone, I can look for other ways to earn money
I have to learn more about money to make better decisions
The most important thing isn't earning a lot of money, it's knowing how to use it well
I want to start thinking more about my future and not only about what I can buy today
I should avoid spending money just to impress other people
It's important to have financial goals and work towards them
I want to learn to tell apart what makes me money from what makes me spend it
I should be careful with debt and avoid borrowing when I don't need to
Instead of spending everything on things that lose value, I should think about investing in my future
I have to understand that getting rich doesn't happen overnight
I should use my time to learn things that can help me earn more
I shouldn't be afraid to learn new things about investing
I want to stop working only to pay bills and start building a life with more financial freedom
I have to be patient, because results take time
It's important to learn from my mistakes and not give up when something goes wrong
I want to make better decisions with the money I have, even if it's not much
My mindset about money can make a big difference to my future

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Synopsis

My notes

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