(#43) Mindset: How To Change Your Mindset On Money And Wealth (Lessons from Rich Dad, Poor Dad)

04/10/2024 17 min
(#43) Mindset: How To Change Your Mindset On Money And Wealth (Lessons from Rich Dad, Poor Dad)

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Episode Synopsis

In this episode, Iyia dives into the transformative lessons from 'Rich Dad Poor Dad' by Robert Kiyosaki. She discusses the contrasting mindsets of the two father figures in the book, the importance of financial education, the distinction between assets and liabilities, and the value of working to learn rather than just for money. Iyia emphasises the need to overcome fear and take risks in order to achieve financial success, encouraging listeners to apply the principles from the book in their own lives. Keywords Rich Dad Poor Dad, financial education, mindset, assets, liabilities, entrepreneurship, Robert Kiyosaki, money management, passive income, overcoming fear Takeaways The book 'Rich Dad Poor Dad' changed my outlook on money. The contrast between the rich dad and poor dad highlights mindset shifts. Financial education is crucial for financial success. We often aren't taught about money in school. Assets generate income, while liabilities drain finances. Now is the best time to start a business. Take action on the lessons learned from the book. https://www.makeithappen.org.nz/\ See omnystudio.com/listener for privacy information.

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