Rich Dad Poor Dad Audiobook by Robert Kiyosaki | Book Summary | How Rich Think About Money

#RichDadPoorDad #Audiobook #MoneyMindset Learn powerful money lessons from Rich Dad Poor Dad Audiobook Summary and discover how mindset, financial education, assets, and passive income help build real wealth. This audio book explains why the rich think differently about money, work, and investing and how financial freedom starts with the right mindset. 0:00 - Intro to Rich Dad Poor Dad and challenging traditional money advice 0:36 - The two dads framework: poor dad vs rich dad mindsets 1:35 - Safety vs risk: conflicting philosophies about money and security 2:03 - “Your house is a liability”: redefining assets and liabilities 2:48 - Overview of the six core lessons from Rich Dad Poor Dad 2:51 - Lesson 1: The rich don’t work for money 3:02 - The 10-cent job and learning through experience 4:13 - The rat race explained: fear, greed, and working harder 5:46 - Why more money doesn’t solve financial problems 7:06 - Lesson 2: Financial literacy matters more than income 7:25 - The 1923 Chicago tycoons and why wealth disappears 8:07 - Assets vs liabilities and the importance of cash flow 9:11 - How the poor and middle class stay trapped financially 9:47 - Why your primary home can be a liability 10:54 - How the rich structure cash flow for independence 11:12 - Lesson 3: Mind your own business and build assets 11:24 - The McDonald’s real estate lesson 12:09 - What counts as real assets that generate income 12:49 - Lesson 4: Taxes, corporations, and financial leverage 13:49 - How the rich legally minimize taxes 14:48 - Asset protection and why ownership structures matter 15:27 - Lesson 5: The rich invent money 15:47 - Opportunity, courage, and financial creativity 16:49 - Creating wealth with the foreclosed house example 18:45 - Lesson 6: Work to learn, not for money 19:29 - The four components of financial IQ 20:27 - The importance of sales and communication skills 21:36 - Internal obstacles to wealth: fear, cynicism, laziness 23:24 - Bad habits and paying yourself first 25:22 - Arrogance and the importance of learning 25:50 - Practical steps to get started financially 26:59 - The three types of income explained 28:22 - The cashflow quadrant and financial freedom 29:19 - Final takeaway: changing your thinking changes your future FAIR-USE COPYRIGHT DISCLAIMER Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. This video has no negative impact on the original works (it would actually be positive for them). It is also for teaching purposes and is not transformative in nature. I only used bits and pieces of videos to get the point across where necessary. We do not own the rights to these video clips. They have, in accordance with fair use, been repurposed with the intent of educating and inspiring others. However, if any content owners would like their images removed, please contact us by email at