How the Rich Really Think About Money | Rich Dad Poor Dad by Robert Kiyosaki

How the Rich Really Think About Money | Rich Dad Poor Dad by Robert Kiyosaki

"The poor and middle class work for money. The rich have money work for them." In this animated summary of "Rich Dad Poor Dad" by Robert Kiyosaki, we break down the most influential personal finance book ever written. Most people are trapped in the "Rat Race" because they confuse assets with liabilities (spoiler: your house is a liability). You will learn the 8 key lessons on how to stop trading time for money, legally pay less in taxes, and build a machine that generates cash while you sleep. It is time to unlearn what school taught you about money and start thinking like the rich. 🔔 Subscribe for more book summaries @BreakmyBook 📘 IN THIS VIDEO, YOU WILL LEARN: 💸 The #1 Rule of Wealth: Why working for a paycheck is a trap and how to make money work for you. 🏠 Assets vs. Liabilities: The simple definition that most people get wrong (and why it keeps them broke). 👔 Mind Your Own Business: Why your job is not your business and how to start building your asset column today. 📉 The Tax Secret: How the rich use corporations to earn, spend, and then pay taxes (completely legal). 🧠 Work to Learn: Why you should take a job for the skills it teaches, not the salary it pays. 😨 Overcoming Fear: Why playing it safe is actually the riskiest thing you can do. 🥇 Pay Yourself First: The habit that forces you to build wealth before paying your bills. This is the ultimate guide to financial literacy and escaping the employee mindset. 👇 TIMESTAMPS (Jump to the section you need): 0:00 - Intro: The Trap of "Good Grades" 1:25 - Idea #1: The Rich Don't Work for Money 2:58 - Idea #2: Assets vs. Liabilities (The Truth About Your House) 4:47 - Idea #3: Mind Your Own Business (Job vs. Business) 6:35 - Idea #4: The Power of Corporations & Taxes 8:33 - Idea #5: The Rich Invent Money (Financial IQ) 10:13 - Idea #6: Work to Learn, Not to Earn 12:03 - Idea #7: Overcoming Fear & Taking Action 13:59 - Idea #8: Pay Yourself First 🧠 QUOTES FROM THE BOOK: "The poor and middle class work for money. The rich have money work for them." "An asset puts money IN your pocket. A liability takes money OUT of your pocket." "Don't save what is left after spending; spend what is left after saving." WHO IS THIS FOR? If you feel stuck in the 9-to-5 grind, want to understand how investing actually works, or just want to stop stressing about money—this breakdown is the foundation you need. 💬 DISCUSSION: Look at your expenses today. What is ONE liability you can eliminate or ONE asset you plan to buy this month? Let me know in the comments below! 👇 #RichDadPoorDad #RobertKiyosaki #BookSummary #FinancialFreedom #Investing #PassiveIncome #AssetsVsLiabilities #MoneyMindset #PersonalFinance #BreakBook Disclaimer: This video is for educational purposes only. Some links in the description may be affiliate links, meaning I earn a small commission if you purchase through them at no extra cost to you.