Rich Dad Poor Dad

Key Lessons

1. Assets vs. Liabilities — An asset puts money in your pocket; a liability takes money out.
2. Financial Education — Schools don't teach money management. Educate yourself.
3. Mind Your Own Business — Build an asset column: real estate, stocks, bonds, IP.
4. Taxes and Corporations — The wealthy use corporate structures to legally minimize taxes.
5. Work to Learn, Don't Work for Money — Seek jobs that teach skills you need.

Key Takeaway

Financial freedom comes from building passive income that exceeds your expenses.