Rich dad and poor dad Essay

BSTM IIIThis story rough fertile tonic, Poor Dad it inspires a cumulation of plurality who already read this book. It gives us pauperism in biography. We all know ein truthone has a purpose in heart. educational attainment is weighty to give birth a successful biography in the future. Treasure your knowledge or so the things youve use uped. cast any(prenominal) experienced comparable figure knocked out(p)ing in a company and pay yourself and buy a reward for you. By sharing your knowledge to everyone that you talked to has a chance to establish to a greater extent ideas in what you do. Be dedicated about your work it is important to bind involved in some investment, business ventures to have a secure and comfortable smell. Used your skills about how to hold your finances right. Rich does non work for bills theyve work for keeping safe and the provideingness to meet something new. They classify the standard of living, the powers that influenced many people and the coin that controls all the necessities in the world. In the Rat Race game in the monopoly board it shows how the role player needs information to invest in a ripe(p) cut through to win the game and how you spent your money wisely.He never exits because he keeps going around, alship canal re diging to the same place where he was before. one time we find ways to make more(prenominal) money working more to pay for our expenses, we find new ways to spend our money, which in turn gets us into more expenses. That is why we never find the exit from and will keep running in the rat race. Most of us got employ to it because that is what almost everybody gets from tone, but if you think about it for a while we necessity to get out the rat race to be able to be fiscally independent and have a control of our lives. Many people trapped in a rat race because they do not know coif finances are important to value your money. tear d avow if you are well-situated or brusque you will think a good investment and keeping your money more useful and productive.The rich man has to manage their accounts, investments, properties or assets to secure their future and the next generation. mend in the middle class society they work hard and they do it for their family to give them a comfortable life but in some instances theyve work because of the money.Rich men have a more advantages in terms in finances they have consultant and the finances they manage well. switch your kids some advice on how they spent money and teach us how to be a more responsible about the money. The biologic popping was a teacher, worked for others during all his life and died poor. The business dad was an entrepreneur that invested his life in learning and building new businesses, and so he became rich. The poor man has an investment in education this is the good deals they do to be a better persons and learned experienced while they doing some stuff. convey your best shot and strive to life to achieve your goals. Have a positive outlook in life. Teach yourself to set yourself always be an employee of somebody that manages those concepts and takes advantage of that to run a business using the work force of other people.Learn communication skills to deal with other people. Make your own move about all the matters youve encountered in life. Perseverance has obtained in our individuals personality to push you around. Make things possible. Both dads are thinking how the money flows. Act, manage risk, and think big, think businesses dont be hydrophobic to take a risk. Be more knowledgeable about your milieu and conduct a surveys or knowing your priorities in life. It advocates financial license through investing, real state, owning a business. It highlights the attitudes in money. In their decision devising was affected because they will be smart in making decisions if they go wrong to their decisions they will lose it forever. Learn to classify your assets and liabiliti es. Generate a cash flow in the circulation of the market. The two dads influence their children to be more responsible about the money. Money rules1. Spend Less Than You Earn2. slangt Over-Think Your Investments3. Stop Wasting Time4. Eliminate (and Avoid) High-Interest Debt5. Talk to the highest degree Money (And Be Honest)6. Stop Trying to Impress Other plenty7. Watch Your Progress (But Make It Fun)8. Take Care of Your Things9. Do It Yourself10. mean Ahead Every Time You Spend11. Find and Work Toward Your received Passions12. Build Real Friendships and Relationships13. Improve Yourself Every Chance You Get14. Give Without Strings or RegretsIn the rules of the money basically tackles about how the money flow and to planned and make your own move to rectify your ideas and knowledge about the things youve taking care of. Makes plans, rules and your obligations to do and make it practical and interesting. Think another strategies and techniques on how you will find a good oppor tunity in investing your money. Take suggestions came from your friends, relatives and other people. Researching or by attending a seminars will help you to learn a lot of new things and you will know the potentials of your money in the market. Control your money by having an accounts, cards, notes, bonds. Reading and showing of financial statements is a must to understand how a business operates. Teach us the basic of business and finance concepts like cash flow, assets, liabilities, income and expenses.There are good points in life management. Do some ways to invent money and have an investment that nurture your future life. The objective is to learn how to handle your finances and desire a good opportunities. It talks about a lot of financial tricks you can apply to make more money. It is the way of life to cope with your dreams or goals that you want to achieve. Be ready to the challenges and the problems that you encountered. It develops your perspective in life and boosts y our confidence to take a risk. Learn to discipline yourself and have a point of view.Get new ideas on how you can fix things eventually. You may work for others to gain experience, knowledge and insights about the businesses. The author of this book says about your financial responsibility. It talks about focusing and finding new ways are good sources of money. Many people do not learn to their lesson in life which continues now. The lives of many of us follow the same pattern. We get jobs working for others because we need money to pay for our expenses. Once we earn our own money, we are ready to buy more things.The pattern of money expenditure is evident. Once we get what we want, we need more money to keep our life style. The Rich dad, Poor dad book teaches us how to get out of this never ending cycle. It teaches a very basic, but also very important lesson about financial education that we should have learned in schools. Most of those lessons are actually advices that you shou ld reflect upon and choose to follow or not depending on your circumstances of life. Once you learn these basic lessons you finish how you can get the financial independence that will allow you to have a more satisfying life, working only on the projects you want, preferably of just wasting your life working for others in things that are not very fulfilling. It has an outstanding content that will nourish our mind and our souls. whoop it up life to the fullest it is a one chance that may happen to your life and never goes back anyway.