{"id":160404,"date":"2025-03-27T21:06:05","date_gmt":"2025-03-27T21:06:05","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/investing\/smart-investment-rich-dad-poor-dad\/"},"modified":"2025-03-27T21:06:05","modified_gmt":"2025-03-27T21:06:05","slug":"smart-investment-rich-dad-poor-dad","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=160404","title":{"rendered":"Smart Investment: RICH DAD POOR DAD"},"content":{"rendered":"


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\nThis book RICH DAD POOR DAD is all about financial literacy and it’s importance. A person can be highly professional, skilled as well as financially illiterate. It tells you how to be rich, how to handle your money.\u00a0<\/p>\n

\nThe simple formula to become rich is you need to buy only one thing in your life i.e. ASSETS but what people always buy is LIABILITIES. Generally, the expenses of a normal person is directly proportional to it’s earned income. They buy LIABILITIES and pays the EMI which I think is the biggest and a only barrier to be rich.<\/p>\n

\nSeveral Rules To Become Financially Literate & Rich.<\/h2>\n

\n1. Rich don’t work for money they work to learn. Don’t let your pay check decides your growth, earnings in your life. Don’t get trap in that RAT RACE. Don’t only run for higher salaries, job security, promotions instead of that work to learn so that you can make money. Don’t earn it make it.<\/p>\n

\n2. Financial Literacy is amongst the most important things to learn. It tells you the importance of investment, management of money, priorities your choices at various stages of your life & career.<\/p>\n

\n3. Don’t try to own\u00a0 things try to have controll over them. The main difference between rich and poor is poor buys the things and rich controll the things. They use it not purchase it.<\/p>\n<\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

This book RICH DAD POOR DAD is all about financial literacy and it’s importance. A person can be highly professional, skilled as well as financially illiterate. 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