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Income, expense, asset, liability and cash flow
- Robert Kiyosaki, the founder of the “Rich Dad, Poor Dad” empire, says that there are six basic words that are key to financial literacy and education: income, expense, asset, liability and cash flow. The last “key” is a combination of two words, making six total terms that Kiyosaki finds essential.
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Nov 4, 2023 · Sat, Nov 4, 2023, 8:00 AM 4 min read. ©Robert Kiyosaki. On his blog, Robert Kiyosaki writes about how the rich are getting richer but not through saving their money. He...
Dec 31, 2023 · Laura Beck. Sun, Dec 31, 2023, 12:00 PM 5 min read. ©Robert Kiyosaki. In a December 5th post on the Rich Dad blog, Robert Kiyosaki talks about the great power and wealth that comes from...
Nov 22, 2023 · Kiyosaki puts a lot of emphasis on investing, specifically in cash flow assets that help build net worth. This can include things like investing in a certain commodity,...
Apr 6, 2024 · Decades later, Kiyosaki is still explaining how money works — and how to get rich — with the goal of helping people become more financially literate. To get you started, here’s Kiyosaki’s best basic money advice from his book, “The Beginner’s Guide to Personal Finance.” Also, for more great advice, check out our list of the Top 100 Money Experts.
- Cynthia Measom
Nov 4, 2023 · What Does Robert Kiyosaki Say About Paying Ourselves First? Kiyosaki, the author behind the popular Rich Dad Poor Dad brand and book, is a proponent of paying yourself first. He also urges readers to invest their money instead of letting it sit around in a bank account because of inflation.
Robert Kiyosaki, the founder of the “Rich Dad, Poor Dad” empire, says that there are six basic words that are key to financial literacy and education: income, expense, asset, liability...
Sep 21, 2021 · The rich think ahead. The rich manage their fear and risk tolerance towards money. The rich buy income-generating assets. Asset vs liability. Kiyosaki highlights that: The rich: Acquires assets....
