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FOLLOW-UP READER PLAN 2.

024-1 "RICH DAD, POOR DAD"

Provides a detailed explanation of financial literacy and mindset. Kiyosaki talks about
the fundamental differences between the life we lead and everyday life through the
experiences of his father and his friend's father. This book changed my way of thinking
as I can know the importance of mindset and education to be able to have good
financial success.

Kiyosaki tells of two fathers, one rich and one poor, it is a story that challenges
conventional notions of wealth and success. Poor Dad adhered to traditional values of
working hard, getting a good education, and seeking job security, while Rich Dad
advocated financial independence, entrepreneurship, and investment education.

This powerful two-way split made me think about my beliefs and attitudes toward
money. An important part of this book is the concept of liabilities and assets.

Kiyosaki emphasizes the importance of having assets that work for you and generate
income, rather than debt that drains your resources. This principle encourages you to
reconsider your spending habits and prioritize investments that will help you achieve
your long-term financial goals.

Conclusion, "rich dad and poor dad" emphasizes the importance of financial education
in today's world. Despite the focus on academic training, many lack the basic
knowledge and skills necessary to navigate the complex financial system. As a result,
they remain trapped in working for money and not making the money produce. This
realization led me to look for ways to learn and improve in the world of personal finance.

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