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Chapter Two: Lesson 2 This pattern of treating your home as an investment, and the philosophy that a pay raise means you can buy ...
Rich Dad Poor Dad to becoming rich. Keep doing that, and your asset column will grow. Keep liabilities and expenses down so more ...
Chapter Two: Lesson 2 As an employee who is also a homeowner, your working efforts are generally as follows: You work for the c ...
Rich Dad Poor Dad It was pretty confusing at first, but after reading it, it began to make some sense: Wealth is a person’s abil ...
Chapter Two: Lesson 2 my assets grow, the more my cash flow grows. And as long as I keep my expenses less than the cash flow fro ...
Chapter Three LESSON 3: MIND YOUR OWN BUSINESS fie rich focus on their asset columns while everyone else focuses on their income ...
Chapter Three: Lesson 3 As my friend tells the story, Ray spent a good amount of time explaining his viewpoint. In his business ...
Rich Dad Poor Dad say, “Oh, I’m a banker.” Then I ask them if they own the bank. And they usually respond, “No, I work there.” I ...
Chapter Three: Lesson 3 car, another “asset,” was eating them alive. The golf clubs in the garage that cost $1,000 were not wort ...
Rich Dad Poor Dad not a true asset even if your banker lets you list it as one. My $400 new titanium driver was worth $150 the m ...
Chapter Three: Lesson 3 As a young boy, my educated dad encouraged me to find a safe job. But my rich dad encouraged me to begin ...
Rich Dad Poor Dad I don’t encourage anyone to start a company unless they really want to. Knowing what I know about running a co ...
Chapter Three: Lesson 3 simply another pretty car. It means she used her financial intelligence to afford it. Instead, most peop ...
Chapter Four LESSON 4: THE HISTORY OF TAXES AND THE POWER OF CORPORATIONS My rich dad just played the game smart, and he did it ...
Chapter Four: Lesson 4 Rich dad explained to Mike and me that originally, in England and America, there were no taxes. Occasiona ...
Rich Dad Poor Dad Corps. He loved the idea so much that both he and my mom worked for the Peace Corps, training volunteers to go ...
Chapter Four: Lesson 4 The diagram that follows shows how the corporate structure sits outside your personal income statement an ...
Rich Dad Poor Dad It is the knowledge of the legal corporate structure that really gives the rich a vast advantage over the poor ...
Chapter Four: Lesson 4 income-tax rates. In addition, certain expenses could be paid by a corporation with pre-tax dollars. This ...
Rich Dad Poor Dad The poor and middle class don’t have the same resources. They sit there and let the government’s needles enter ...
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