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The book Rich Dad, Poor Dad, written by Robert Kiyosaki, offers powerful insights on building wealth and mastering money.
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In the book, the author explains key concepts of financial management by comparing the financial habits of his two dads—one rich and one poor.
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Here are some of the interesting money lessons from the book with quotes from the author.
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"The poor and middle class work for money. The rich make money work for them."
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"A person can be highly educated, professionally successful, and financially illiterate."
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"Assets put money in your pocket, whether you work or not, and liabilities take money from your pocket."
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"The right kinds of rich people get rewarded with tax breaks."
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"It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for."
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"The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth in what seems to be an instant."
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"Winners are not afraid of losing. But losers are. Failure is part of the process of success."
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