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Focus on passive income streams from "summary" of Rich Dad Poor Dad by Robert T. Kiyosaki,Sharon Lechter
The concept of passive income streams is a fundamental principle in the world of finance and wealth building. It is the idea of creating income that does not require active involvement on a regular basis. This means that once the initial work is done, the income continues to flow in without the need for constant effort or time investment. Passive income can come in many forms, such as rental income from properties, dividends from investments, royalties from creative work, or profits from a business that is run by others. The key is to focus on creating sources of income that are not tied to your time or labor, allowing you to generate wealth even when you are not actively working. By building multiple streams of passive income, you can create a more stable and secure financial future for yourself and your family. This diversification o...
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