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10 Lessons from
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"Rich Dad's Retire Young Retire Rich" 📚
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by Robert T. Kiyosaki:
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How To Get Rich And Stay Rich.
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1. Attain Financial Freedom by commencing early investments that allow your money to work for you over time, as emphasized by Kiyosaki. Starting early ensures more money is actively working on your behalf.
Embrace diversification of income streams; Kiyosaki advocates cultivating various passive income sources, like rentals, investments, and businesses, as opposed to relying solely on one revenue channel.
Seek guidance from mentors and successful individuals without hesitation. Kiyosaki's endorsement of mentorship resonates with his previous work "Rich Dad Poor Dad," emphasizing the importance of learning money management from those with experience.
Cultivate a rich mindset. Counter the habit of considering oneself average, as this mindset can limit your potential. Kiyosaki underscores the significance of thinking differently to achieve extraordinary results.
Exploit legal tax strategies to your advantage. Wealthy individuals utilize tax loopholes for minimizing tax payments, employing tailored asset structures and tax shelters.
Refrain from acquiring liabilities. One of the common errors is making ill-advised purchases, such as cars, which can undermine financial stability. Kiyosaki cautions against such choices.
Continuously invest in education. The book highlights the value of lifelong learning and personal growth through investing time and money in your ongoing education.
Progress towards financial freedom isn't solely linked to a high income. Kiyosaki underscores that a person earning less and spending even less is in a better financial position than someone with higher earnings and expenses surpassing their income.
Valuable experiences in life often come without a price tag.
Exercise frugality regardless of your financial status. Kiyosaki's father exemplifies that having money doesn't necessitate extravagant spending, advocating prudent money management even after achieving early retirement and financial freedom.
I hope you find these lessons helpful.💫💫✨
💫Hey, my friends
I'm looking for 5 people who want to take action and become the best versions of themselves within the next 30 days.💫✨
If this is you, ❓❓💫
❤️RULE 1
✨Be with the Creator in tears and prayers during your troubles; But when you succeed, don't celebrate by going to dance halls or bars to celebrate.
💫 pay attention :
💫The creator will give you what you want; But if what he gives you destroys you; He will not take you back and give you back.
✨Therefore, let us stand firm in our faith not only in times of trouble but also in times of joy.🌟 @SoulJourneyInspire
✨️ Monday, Tuesday, Wednesday, . . ., Sunday be yours ✨✨✨
🙏Wishing you health, peace and love for the upcoming 2017
🔥You will achieve what you want in 2017
May your dreams come true,
❤️ Do what you plan
❤️He will give you what you asked for
❤️ Hardly think of the creator
❤️May your love life be sweet
❤️May your married life be successful
✨✨May the Creator be with you. 🌴@SoulJourneyInspire🌴
❤️Put the creator first
✨If you succeed in everything you do, when you plan, but there is no creator
It is like saying 1000,000×0=0.
When you go out, pray when you come in, give thanks, don't forget this is the way to a bright life.✨✨🌅🌅
Mistakes are good ❕
We often try to avoid mistakes, forgetting that they are what lead us to success.
✨Be prepared to make mistakes and learn from your mistakes.
Put "🔥" if you found this post useful! 🌴 @SoulJourneyInspire 🌴
"When you start the road to success, you don't need a beautiful face and body. What you need is a mind full of knowledge and a strong work experience." he said.
⭐️⭐️It is possible for everyone who believes."▶️▶️▶️
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