Recently finished reading ‘Rich Dad, Poor Dad’.
Number 1 Rule: It’s all about Power. If you work for money, you give the power to your employer. If you make money work for you, you keep the power and control it.
Concept unrelated to above rule:
People will only play it safe with money and never take the risk into developing a stronger financial IQ. It’s like the ones in class that know the answer to a question but are too afraid to raise his/ her hand to share the answer with the class. The same concept applies with money. “It’s not the smart that typically get ahead, it’s the bold.”