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I just finished reading 'Rich dad Poor dad' by Robert Kyonski. It was a great book which clearly shows us the difference about the thinking and doing of the poor vs rich about the money. I really got to know about a lot of things and it was written in simple language that anyone can read and understand it. The knowledge that Mr. Kyonski wants to share should be known every individual. Even the school going children should know about what he wants us to know. Major point of book was, if you want you to be wealthy or rich, you should not work for money, instead, you should make the money work for you.
Working for high paying jobs is not what the rich people do. This only increases your billings and you are trapped in the Rat Race. We need to learn about operating the money before expending it.
Rich people get more money from passive and portfolio income sources like buying and selling the stocks, bonds IPOs of the company. Invest the money so that it can create more money. Poor and middle class people only depend on the primary job. And they have to depend on the government when they do not work.
Risk comes when your knowledge about the subject is weak.
Read books, attend seminars, improve your communication skills.
Develop skills in multiple sectors, not only in a single one.
These general financial knowledge should be know to anyone working in any sector.
I highly recommend you to go through the book once. you wont regret it.
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Thank you very very very much.. I really needed this
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