Poor dad depends on active income from "summary" of Rich Dad Poor Dad by Robert T Kiyosaki
The concept of poor dad depends on active income is a fundamental principle that many people adhere to without even realizing it. Poor dad believed that in order to make money, one must work for it. This meant having a job that provided a steady paycheck, which was necessary to cover expenses and save for the future. However, poor dad's reliance on active income meant that his financial well-being was tied directly to his ability to work. If he stopped working, the money would stop coming in. On the other hand, rich dad understood the importance of generating passive income. Passive income is money that comes in without having to actively work for it. It is gen...Similar Posts
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