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Brief summary from one of the highest selling book on financial education- Rich Dad Poor Dad

I am here sharing with you in points some secrets of money which you didn’t learn in school.


 1. Rich do money work for him and middle class whole life work for money.

2. Rich know difference between assets and liability and they always purchase assets.
Assets generate income and liability create expenses. Assets bring cash in your pocket and liability bring cash out from your pocket.
3. Wealth is not net worth. Ask yourself question that if you stop working today then how many days you survive. Calculate your net worth from this question.
4. Always focus on your asset column. You can do your job whatever you doing but learn to convert your money into assets. For example you can invest your money on that business which don’t need much your presence like stock, bond, mutual fund, gold etc.
5. If your money is in your assets never bring out it from that assets. If you want to purchase any liability then first purchase any asset that generate enough money so that you purchase that liability.

 6. In the end invest in your mind that will bring success.

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