10 Critical Lessons From "Rich Dad, Poor Dad" - Family - Nairaland
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| 10 Critical Lessons From "Rich Dad, Poor Dad" by PeaceIlya: 1:13pm On Apr 27, 2021 |
10 Critical Lessons from "Rich Dad, Poor Dad" 1. Make Mistakes and Learn Schools teach us mistakes are bad because we are punished for making them. Yet, humans learn from mistakes. That's why the rich are not afraid of failure. They win or they learn. 2. Bold People Win They take risks that others may not think about. Rich people don't think inside the box. They believe there is no box. The bolder you are, the more you will take advantage of opportunities disguised as hard work. 3. Control your Emotions All humans have similar emotions. Avoid giving into fear, desire, laziness, poor habits, and arrogance. It is how you choose to handle these emotions that separates the rich from the poor. Control your emotions before they control you. 4. Make Your Money Work For You The rich aren't employees for long. To become rich, you need to hire others for jobs, not be a job holder. When you believe a job is the only way to earn money, you become trapped. A business can give you a lasting income stream. 5. What Matters is How Much Money You Keep Income does not mean wealth. And the rich typically save and invest 50% or more of their income. They know that saving is only temporary. Plant the seed today to enjoy the shade tomorrow. 6. The Rich Acquire Assets The rich build their wealth by acquiring income-producing assets. They invest in assets like rental properties, businesses, stocks, and bonds. With income-producing assets, you could retire and still live comfortably. 7. Invest in Yourself The highest ROI comes from investing in yourself. "Wealth is information." The rich invest in learning life skills like communication, understanding people, and managing systems. You are often just "one skill away from great wealth." 8. Don't Trade Freedom for Money Working for someone else means you're trading your time for money. As an employee, your income potential is limited by your employer. As an employer, your income potential is unlimited. The more you earn, the more freedom you build. 9. Understand Personal Finance The rich build wealth because they understand money. Schools often fail to teach us about money. If we want to become wealthy, we must re-train our thinking. "Money without financial intelligence is money soon gone" 10. Never Lose Sight of Your Goal Life will throw distractions your way, and you have to filter them out. The rich never lose focus of their goal (financial freedom) and work toward that goal. If you want to become financially free, start looking for additional income streams. Want to make more money? mail me today. peaceichenillya@gmail.com Get free access to: -The latest financial tips - Wealth building strategies - Step-by-step investing guides https://twitter.com/The_MMW/status/1387013838923501568 3 Likes 1 Share |
| Re: 10 Critical Lessons From "Rich Dad, Poor Dad" by chatinent: 1:14pm On Apr 27, 2021 |
Stop giving us fish. Show us the river. 1 Like |
| Re: 10 Critical Lessons From "Rich Dad, Poor Dad" by PeaceIlya: 1:14pm On Apr 27, 2021 |
Lets start with you signing up on binance https://www.binance.com/en/register?ref=L3OMPX7D chatinent:or you can join the mentoring class https://chatDOTwhatsappDOTcom/JhKNd1fK5013hmEhgO1Exc |
| Re: 10 Critical Lessons From "Rich Dad, Poor Dad" by chatinent: 1:22pm On Apr 27, 2021 |
PeaceIlya: With your referral link? Mehn. 2 Likes |
| Re: 10 Critical Lessons From "Rich Dad, Poor Dad" by lordpherow98(m): 2:46pm On Apr 27, 2021 |
Op you are a disgrace. You copied Fiona's work word for word. U no even edit 1 thing comot, yet u no fit give her Credit. Thief and hypocrite is what you are 2 Likes |
| Re: 10 Critical Lessons From "Rich Dad, Poor Dad" by PeaceIlya: 2:49pm On Apr 27, 2021 |
Yes, thats a starting point chatinent: |
| Re: 10 Critical Lessons From "Rich Dad, Poor Dad" by PeaceIlya: 2:57pm On Apr 27, 2021 |
Charlie Munger's Secret to a Long and Happy Life 1. You don’t have a lot of envy 2. You don’t have a lot of resentment 3. You don’t overspend your income 4. You stay cheerful in spite of your troubles 5. You deal with reliable people 6. You do what you’re supposed to do lordpherow98: |
| Re: 10 Critical Lessons From "Rich Dad, Poor Dad" by lordpherow98(m): 4:33pm On Apr 27, 2021 |
[Thief.. all these things you dey post here na people work, as a writer you should know better to give credit.]Charlie Munger's Secret to a Long and Happy Life 1. You don’t have a lot of envy 2. You don’t have a lot of resentment 3. You don’t overspend your income 4. You stay cheerful in spite of your troubles 5. You deal with reliable people 6. You do what you’re supposed to do[/quote] 1 Like |
| Re: 10 Critical Lessons From "Rich Dad, Poor Dad" by Cousin9999: 4:37pm On Apr 27, 2021 |
The author of that book was exposed as a fraud a while ago. 1 Like |
| Re: 10 Critical Lessons From "Rich Dad, Poor Dad" by achaemeka(m): 6:49pm On Apr 27, 2021 |
To those with good heart. Nairalanders abeg I need una help. Abeg I need some financial support to do some expenses in school. Man never chop anyfood since three day apart from garri and salt.Make una pity me,make I nor still sleep hungry today. Ulcer don already worry me. My monthly allowance for schooling,don finish due to increase in price of goods and services and my guardian say make I nor disturb am. Pls 5k will do wonders for me. 3,1,1,9,6,5,6,0,8,5, F,i,r,s,t b,a,n,k |
| Re: 10 Critical Lessons From "Rich Dad, Poor Dad" by bukatyne(f): 7:07pm On Apr 27, 2021 |
Cousin9999: Well doesn't negate some of his principles. Although it might not be A + B = C all the time as he puts it. 3 Likes |
| Re: 10 Critical Lessons From "Rich Dad, Poor Dad" by PeaceIlya: 8:42am On Apr 28, 2021 |
Spot on bukatyne: |
| Re: 10 Critical Lessons From "Rich Dad, Poor Dad" by AlphaSoul: 10:19pm On May 18, 2021 |
PeaceIlya:A nice summary.  1 Like |
| Re: 10 Critical Lessons From "Rich Dad, Poor Dad" by PeaceIlya: 7:04am On May 22, 2021 |
 AlphaSoul: |
| Re: 10 Critical Lessons From "Rich Dad, Poor Dad" by DenreleDave(m): 7:17am On May 23, 2021 |
2 Likes |
| Re: 10 Critical Lessons From "Rich Dad, Poor Dad" by PeaceIlya: 9:40am On May 23, 2021 |
DenreleDave:Yes sir Mr Azeez |
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