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The following is excerpted from the book, reserved as material for future warning:

The following is The phenomenon talks about the phenomenon of ordinary people making money

>>"They keep working for company bosses, working for the government by paying taxes, and working for banks by paying housing loans and credit card loans"

>>A child said: "Why should I spend time learning things that I will never use in real life?"

I remember when I participated in a mathematical modeling competition in college, our math teacher at that time He said: "Mathematics is of no use. The only use is that in the future your boss's child will be bad at math and ask you to tutor him." Now that I'm working, I really haven't used college mathematics.

Treat career: There is a difference between career and career. Your career is your own, while your career belongs to others

>>"Now I know how to choose the one I want to pursue. career instead of choosing a career because it is safe or profitable. I think I need to keep playing this game and introducing it to my friends. If we learn what this game teaches, we will. The freedom to do and learn what we really want instead of learning something else just because it is a skill required for a specific job. If I learn this, I no longer have to worry about job security and social security. And this is what most of my classmates are concerned about."

That's why it's not enough to say to your children, "Get a good education," he said. "Assuming that the school system prepares your children for real life, this It's foolish to assume. I'm not saying that the current education system in the United States is completely bad, but at least it's not nearly enough. In today's world, every child needs more education, a different education, They need to know the rules of the game in real life, the different rules. The rich have their own rules, but the rules of the rich are still a secret to the vast majority of the poor and middle class. People have their rules, and these people learn these rules in school. This is why today it is dangerous to simply say to your children: "Study hard and get a good job." "Today, the most dangerous advice you can give your children is: go to school, study well, and get a safe job. This is old advice and it is bad advice. If you can see that in Asia, Europe, South America If something happens, you will

be as worried as I am. "Just as certain skills taught in school are important, economic skills and communication skills are also important in the process of solving our economic problems. Trained in.

The author’s views on downsizing:

>>Let me ask you, what happens when a company announces downsizing? "

"People will be fired, families will be hurt, and unemployment will increase. "

"Yes. But what happens to the company? Especially for a publicly traded company? "I thought about it and said:

"The stock price of listed companies usually rises when a downsizing is announced. The market likes such news, because when the company reduces its headcount, the cost

goes down. This means that companies increase average labor productivity through automation. "

"Yes," he said: "And when the stock price goes up, people like me, the shareholders, get richer. That's what I'm talking about

a different set of rules. Employees lose, but owners and investors gain. "Robert not only describes the difference between an employee

and an employer, but also the difference between taking control of one's own destiny and leaving it to someone else.

Thoughts and actions matter

>>I noticed that the reason why my poor dad was poor was not the amount of money he earned (although this is also important), but rather his thoughts and actions

Change:

>>It is easier to change yourself than to change others

The difference between people:

>>Rich dad continued: "If you are the kind of person without perseverance, , you will give up every push that life throws at you.

In this case, you will live a stable life, not doing anything wrong, always ready to save yourself when something will never happen, and then die of boredom. You will have many friends like you who want stability in life and correct behavior in the world.

#160; But the fact is that you have given in to life and dare not take risks. You do want to win, but the fear of losing exceeds the excitement of success. The fact is that from the bottom of your heart, you always think that you are impossible*, so you choose stability. "

Passion is a combination of anger and love. When it comes to money, most people hope to earn it steadily. They rarely have the passion to make money, so they have to fear that they will have no money.

Views on money:

>>I don’t understand why I am always troubled by money, so I think more money will solve the problem, but almost no one realizes the lack of financial knowledge. That's their real problem. "

This is the cost of only knowing how to work for money and not knowing how to make money work for you. Are you passionate about learning? "

Thinking:

>>You are learning the most important lesson in your life, you should learn to think

"Get up, go to work, pay the bills, get up again , go to work again, pay bills again... Their lives are endlessly busy with these two feelings: fear and greed. Give them more money and they'll repeat the cycle with higher spending.

Feeling:

>>No one can truly understand your feelings except yourself.

Desire, fear:

>>"They will go and make a little money, but happiness, desire, and greed will then control them, and they will react again, still without adding anything. Thinking. " "Their feelings replace their thoughts."

"That's it. They don't discern the truth, they don't think, they just react to their feelings, and they go to work. They hope that money can eliminate fear, but money cannot eliminate fear. So, fear chases them, and they have to go to work again, hoping that money can eliminate fear, but they still cannot get rid of fear and make them fall into the trap of making money. - work - make money, hoping that one day they will be able to eliminate fear. But every day they wake up with fear, which keeps thousands of people awake at night and worried. Get up and go to work, hoping that the paycheck will kill that damn fear. Money rules their lives, and they refuse to discern the truth.

"The same goes for rich people. In fact, many people get rich not out of desire but out of fear. They think that money can eliminate the fear of having no money and poverty, so they accumulate a lot of money. However, they find that the fear becomes stronger and they are even more afraid of losing. money.

Very reasonable words:

>>People need to have feelings, which make us real. The word emotion expresses the motivation for action.

>>Be real about your feelings and use your mind and feelings in a way that works for you, not against yourself.

>>Life is really a battle between ignorance and illusion

>>But unfortunately, for many people, school is the end rather than the beginning. "

>>Learn to let your feelings follow your thoughts, instead of letting your thoughts follow your feelings

The road to freedom:

>> "That is the way A road full of thorns? "

"Yes, the so-called thorns are our fear and greed. Step into our fears and face our greed,

weaknesses and flaws. The way out is to identify your thoughts with your heart.

Thinking and Reacting

>>"Determine how we think and not just react emotionally"

Work and Education:

>>Work is only a temporary solution to a long-term problem

I think too many people still focus too much on money rather than their greatest asset - their education.

Money:

>>In the long run, what matters is not how much money you make, but how much money you can keep and how long you keep it.

Work:

>>As an employee who owns his own home, the results of your hard work are as follows:

1. You work for others. As most people work for a salary, your efforts make your employer or shareholders rich, and your work and success will make your employer successful and you can retire early.

2. You work for the government. The government takes a portion of your salary before you even see it, and working hard just increases the government's taxes. Most people work for the government.

3. You work for a bank. After paying taxes, your next biggest expense will be paying off your mortgage and credit card loans.

Job, salary:

>>"I need a raise", "It would be great if I could get a promotion",

"I want my job back "I'm going to school to study more so I can get a better-paying job", "I'm going to work overtime", "Maybe I can do two jobs", "I'm going to quit my job in two weeks because I've found a better-paying job", etc. Etc.

Assets and Liabilities:

>>For financial security, people need to focus on their careers. Your career revolves around your assets, not your income. As stated before, rule number one is to know the difference between assets and liabilities and to buy assets.

The rich focus on their assets while others focus on their income.

So, what kind of assets should you or your children acquire? In my opinion, real assets can be divided into the following categories: 1. Businesses that can operate normally without my presence. I own them, but they are run and managed by others. If I have to work there, it's not my business but my profession; 2. Stocks; 3. Bonds; 4. Mutual funds; 5. Real estate that produces income; 6. Notes (IOUs) ; 7. Patent rights such as music, manuscripts, patents; 8. Anything else that is valuable, can generate income or may increase in value and has a good circulation market.

The Magic of Corporations:

>>On the other hand, the rich see opportunity and they don’t play by the same set of rules. As I said, they understand very well the magic of corporations, which are becoming increasingly common in the commodity economy. Rich people set up companies to limit the risks of their assets, just like using a ship to sail. The rich people invest money in the company to sail the "ship", and the company hires a group of staff (crew) to sail the ship. New World" to go treasure hunting. Once the ship sinks, the crew will die, but the rich man will only lose the money he invested.

Government budget:

>>The government has become a huge money bank, but the problem is that there is also budget management, which is not an automatic and repetitive system. In other words, government policy is that if you are a government official, you should avoid having too much money; if you don't use up your budgeted funds, you risk having that money cut in the next budget, and you don't Government employees will be considered efficient and rewarded for making savings; to avoid budget cuts, government employees will spend and hire heavily, even though this is likely to be wasteful. Businessmen, on the other hand, are considered efficient because they have savings.

Treating risks:

>Risks are always everywhere. You must learn to control risks instead of blindly avoiding them.

See the path clearly:

>> Instead, I advise young people to look for what they can learn from a job, not just how much they can earn. Before you choose a particular career or get caught up in the rat race of working to make a living, take a good look at your path and figure out what skills you need to acquire.

Capitalism and Education:

>>On the one hand, I am a firm believer in capitalism and like the game of making money with money; on the other hand, I am a socialist Responsible teachers, deeply concerned about the deepening divide between haves and have-nots. I personally believe that the imperfect education system is responsible for the deepening of this divide.

Bad psychology:

>>1. Fear; 2. Cynical; 3. Lazy; 4. Bad habits; 5. Conceit.

My words:

1. If you are not preparing to succeed, then you are preparing to fail.

2. It’s not a failure, but a temporary lack of success

3. Failure is the mother of success

4. To be compassionate to others is to be cruel to yourself

5. Money is earned, not saved

So you Wanting Nothing:

>>Whenever I hear people obsessing over their “I don’t want” things without realizing it and not paying attention to what they want, I know that their brains "Noise" in

Lazy person: I am most impressed by this sentence, because I am always busy and lazy

>Busy people are often the laziest People

I often meet people who are too busy working and don’t care about their health. The reason is the same: they are busy, and they use busy work as a way to avoid some problems they don’t want to face. way. Covering up the problem allows them to avoid something important. This is the most common form of laziness, one that manifests itself through busyness.

Drug for laziness:

>>So, what can cure this temperament? The answer is a little "greedy". Have the courage to pursue and get the life you want.

For many of us, we grew up seeing greed or desire as bad things. "Greedy people are bad people," my mother often said. Yet, our hearts long for something beautiful, novel, or pleasing. Therefore, in order to control this desire, parents often find ways to teach us to use guilt to suppress this desire.

Your lazy mind will defend your lies

Caring for yourself is not selfishness, but motivation:

>I like what my rich dad said . "So if I also learn to pay myself first, I'll be stronger financially

Sure, I'll be stronger mentally and financially."

Rich dad nodded.

"And if I ended up paying myself, like my dad did, or not paying at all, I would be weaker,

then I would be surrounded by bosses, managers, Tax officials. Bill collectors and landowners, just because I don't have good financial habits. "

Arrogance:

>>Arrogance is ignorance. The other side.

Every time I get stuck up, I truly believe that what I don’t know doesn’t matter.

Knowledge and Money

>>"My knowledge brings me money, what I don’t know makes me lose money.

The thought of money :

>>Because our culture views the need for money as the root of all evil and instills this idea in us, which prompts us to learn a certain skill and work for money , but failed to teach us how to make money work for us.

Learning and being a person:

>>What kind of person you will become."

Ten Steps to Developing Talents

>>I recommend that you take the following ten steps to develop your God-given talents, which only you can control:

< p>1. I need a surreal reason: spiritual power.

2. Make your own choices every day: The power of choice, this is the main reason why people want to live in a free country

3. Choose friends carefully: the power of relationships.

4. Master one pattern and then learn a new pattern: the power of rapid learning.

5. Pay yourself first: the power of self-discipline.

The three most important management skills necessary to start your own business are:

1. Cash flow management; 2. Personnel management; 3. Personal time management.

When you are short of money, accept external pressure without dipping into your savings or investments. Use this pressure to

stimulate your financial talents and come up with new ways to earn money. Get more money and then pay the bills. Doing so will not only improve

your ability to make money, but also improve your financial intelligence.

6. Pay your agent well: The power of good advice.

Personnel management is one of the important management skills. Many people only manage people who are not as smart as themselves or as capable as they are, such as subordinates at work.

7. Be an "Indian Giver": the power of selflessness.

8. Assets used to purchase luxury goods: Concentrated power.

The easiest road tends to get harder and harder, and the harder road tends to get easier.

9. Worship of heroes: the power of myth.

10. Give first, take later: the power of giving.

Buying and selling:

>>I first look for people who want to buy, and then I look for people who want to sell.