Rich Kid Smart Kid

Robert T. Kiyosaki , Sharon L Lechter

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RICH DAD'S RICH KID SMART KID is written for parents who value education, want to give their child a financial and academic head start in life, and are willing to take an active role to make it happen. In the Information Age, a good education is more important than ever. But the current educational system may not be providing all the information your child needs. This book was designed to fill in the gaps: to help you give your child the same inspiring and practical financial knowledge that Robert Kiyosaki's rich dad gave him. RICH KID SMART KID will show you how to awaken your child's love of learning using the same methods that Robert's smart dad used to help Robert stay in school, even though he had bad grades and often wanted to drop out. And RICH KID SMART KID will open doors that you never knew existed, enabling you to pass down the skills and understanding your child will use for the rest of his or her life.

What will you learn from this book

  1. Financial Education is Crucial: The book emphasizes the importance of financial education early in life, teaching kids about money, assets, liabilities, and the importance of making informed financial decisions.

  2. The Power of Assets: Understanding the difference between assets and liabilities is fundamental. Teaching kids to invest in assets that generate income is crucial for financial success.

  3. Learn to Take Risks: Encouraging kids to take calculated risks and teaching them that failures are often part of the learning process helps in developing an entrepreneurial mindset.

  4. Importance of Building Passive Income: Kids are taught the significance of creating passive income streams that can provide financial stability and freedom in the long run.

  5. The Role of Education: While traditional education is valuable, the book emphasizes the need for financial education that extends beyond what is taught in schools.

  6. Mindset Shift: Cultivating a mindset that values financial independence and lifelong learning is crucial for success.

  7. Embrace Learning from Mistakes: Encouraging kids to learn from their mistakes and failures rather than fearing them is key to fostering resilience and growth.

  8. Understanding the Economy: Kids are introduced to the basics of how the economy works and how to navigate it to their advantage.

  9. Financial Goal Setting: Teaching kids the importance of setting financial goals and working towards achieving them helps instill a sense of purpose and direction.

  10. Importance of Mentorship: The value of finding mentors or seeking guidance from those with financial knowledge and experience is highlighted throughout the book.

Language English
ISBN-10 0-446-67748-5
No of pages 264
Font Size Medium
Book Publisher Warner Books
Published Date 01 Jan 2001

About Author

Author : Sharon L Lechter

1 Books

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