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Focus on creating assets that generate passive income from "summary" of Rich Dad Poor Dad by Robert T. Kiyosaki,Sharon Lechter
The concept of creating assets that generate passive income is at the core of financial success. It is not enough to rely solely on earned income from a job or business. To truly achieve financial freedom, one must focus on building wealth through assets that work for you even when you are not actively working. Passive income is income that is earned with little to no effort on the part of the earner. This type of income is generated from assets such as rental properties, dividend-paying stocks, or royalties from a book or invention. By investing in assets that produce passive income, one can create a steady stream of money that continues to flow in, even when you are not physically working. One of the key advantages of p...Similar Posts
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