7 Things ‘Rich Dad Poor Dad’ Says You Should Stop Doing Right Now

Feb 05, 2025

Saving Over Investing

People rely upon saving money rather than investing it which limits the growth of wealth.

Liabilities Over Cash Flow Assets

Many people accumulate liabilities like loans instead of building cash flow assets which generate income.

Investing in College Over Self-Education

College isn't the only path to success, self-education through online courses and experience can be more valuable and cost-effective.

Taking on Debt Instead of Building Wealth

Use debt wisely to invest in income generating assets and build long-term wealth.

One Income Over Multiple Streams

Relying on a single income source can be risky, so diversify your income streams.

Taking Risks Without a Plan

Don't take irrational chances, focus on making calculated risks by researching and planning.

Winging It Over Planning

Make specific goals for acquiring and managing wealth as working without goals leads to missed opportunities.

VIEW ALL

Read Next Story