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Friday, February 02, 2007
Rich Dad or Poor Dad Mindset?
Have you read the bestseller Rich Dad Poor Dad? If yes, which mindset do you have? Rich Dad or Poor Dad's Mindset? Poor Dad teaches us to study hard and find a good job as employee. On the other hand, Rich Dad's mindset is totally different. He teaches us to think logically about financial management. For example, cash flow analysis of income, expenses, assets and liabilities. I have to admit that Rich Dad's cash flow theory is totally logic and yet many of the books we learnt from school have different theories.