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RE: Rich Dad, Poor Dad Book Club

in #finance6 years ago

I just finished reading the book again. I must have read it cover to cover over 12times now.... THE RICH DON'T WORK FOR MONEY; As weird as this sounds, it is true. Money is the leverage of the rich. They use money to make more money and also use money to buy more time. When the average person work for money, they are exchanging time for money but the rich use money to get more time. It takes creative thinking to make money and the rich have mastered that skill and can make money out of thin air. The Rich thinks of a profitable idea and uses investors money and the working class time to ensure the project comes to reality. With this approach he makes money from thin air and invest that money to make money.... THE RICH TRULY DO NOT WORK FOR MONEY.

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Buying more time is an aspect of things that I hadn’t thought about, but that makes complete sense. Thank you for sharing that. When I think of all the menial tasks I do everyday, and all the time I spend at work not being able to be fully productive in the areas I want to be, it seems like such a waste.

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