Financial literacy is key to success from "summary" of Rich Dad Poor Dad by Robert T. Kiyosaki
In the world of money, the vast majority of people lack basic financial education. Many are trapped in a cycle of working hard for money but never truly understanding how to make their money work for them. This lack of financial literacy is a major reason why so many people struggle financially and never achieve the level of success they desire. Financial literacy is not just about knowing how to balance a checkbook or save money. It goes much deeper than that. It is about understanding how money works, how to make it grow, and how to protect it. Without this knowledge, people are vulnerable to the whims of the economy and the decisions of others who may not have their best interests at heart. Those who are financially literate are able to take control of their financial future. They understand the importance of investing, creating multiple streams of income, and building assets that will continue to grow over time. They ...
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