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Financial intelligence is key to success from "summary" of Rich Dad Poor Dad - What the Rich Teach Their Kids About Money by Robert T. Kiyosaki
Financial intelligence is crucial to achieving success in life. It is not just about how much money you make, but how you manage and invest that money. Without financial intelligence, you may earn a high income but still struggle to build wealth. This is because being intelligent about your finances involves understanding how money works and making informed decisions about how to use it effectively. In the book "Rich Dad Poor Dad," the author emphasizes the importance of financial education and how it can make a significant difference in your financial well-being. He contrasts the perspectives of two father figures - his own biological father (Poor Dad) and the father of his best friend (Rich Dad). While his Poor Dad believed in the traditional mindset of getting a good education, finding a stable job, and working hard for a paycheck, his Rich Dad believed in acquiring financial knowledge, investing wisely, and making mo...
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