Rich Dad Poor Dad for Teens: The Secrets about Money--That You Don't Learn in School!

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For a comprehensive overview of personal finance, How to Money: Your Ultimate Visual Guide to the Basics of Finance by Jean Chatzky and her co-authors would be hard to beat. Steve Burkholder’s I Want More Pizza might be the best choice for teens who want (or need) to know the basics but cringe at the idea of anything resembling homework. Books on more specialized aspects of personal finance are also worth exploring, with Kalman Chany’s Paying for College being a good example. Why Trust Investopedia?

When it comes to financial education, you need to know the difference between good debt and bad debt. Analyze instead of criticizing. With every dollar we receive, we choose whether we become: rich, poor, or the middle class. However, you need to train your children to know how to manage your assets. Otherwise, they’ll be lost in the next generation.

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As we drove, my husband and I frequently stopped the CD to discuss not only the changes in our thinking but also the inspiration that occurred to us. We began seeking opportunities, rather than just blindly accepting the fact that we were broke. We discussed business opportunities, and chances we could “work to earn” rather than “work for money.” In the future, we’ll be seeing a rise in successful companies being created but also a surge in companies failing– downsizing and laying off employees. It’s better to be making millions from the assets you build than aiming to get a raise. This period is a great era to be building assets. This book has a picture of the author on the cover. I should’ve considered myself warned. But here’s the thing - I’m 28 years old, married with no kids, spent the better part of the last 10 years at uni and I work full time. I have spent my entire life studiously avoiding economics, finance, accounting and all associated disciplines, instead always choosing the history/politics/social sciences path, and then studying law. As a result, I have a big gaping hole in my knowledge, and no idea about what to do with the money that I’m currently saving. Also, I have this thing where I through phases of obsessively reading and learning about new things. A few months ago, it was fish and aquariums (I’m not kidding). Now, it’s learning about.. finance. I actually can’t believe I’m writing this, but .. I am.

self-help-а. Все пак разбрах за кой богат и за кой беден става дума, та дори останах приятно изненадана. People with money often report that their friends without money never ask them how they did it. But they do ask for: a loan or a job.

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Rich dad would often say, “If you want to be rich, you must know what kind of income to work hard for, how to keep it, and how to protect it from loss. That is the key to great wealth… If you do not understand the differences in those three incomes and do not learn the skills on how to acquire and protect those incomes, you will probably spend your life earning less than you could and working harder than you should.” I kept reading despite this because I've officially started MBA courses and I recognize that if I won't find something to love in Business, I will not be able to complete this degree, let alone succeed. That is a shame because people's amazed faces when I share my degrees is such an ego boost (which I desperately need cause cheers for crippling imposter syndrome).