Which principles or ideas from Rich Dad Poor Dad do you still live by?
By puccagirl
@puccagirl (7294)
Israel
October 17, 2010 2:18am CST
I think Rich Dad Poor Dad is an absolutely amazing book, and I recommend it to everyone. But after having read it, it is easy to forget some of the principles and ideas in it.
So tell me, do you still live by any of the ideas or principles in the book, on a day to day basis?
I try to pay myself first, which is a very important idea in the book, on a regular basis, so that would be the biggest thing for me.
2 people like this
6 responses
@abbey19 (3106)
• Gold Coast, Australia
18 Oct 10
I love the book Rich Dad, Poor Dad; when I started reading it (a few years ago), I couldn't put it down - it inspired me so much! His ways of teaching financial skills should be taught in schools!
Anyway, what I got out of the book is that we should find ways to work smarter, not harder, and also not to work hard for our money, but to make our money work harder for us.
I also like his ideas about networking. Networking is actively building connections and appreciating how these connections can enhance your own skills. Networking is both the means toward – and the experience of – connecting with a range of people whose experience and knowledge you can draw on. That's why all successful businesses have networks.
What a brilliant man.
@puccagirl (7294)
• Israel
6 Nov 10
I felt exactly the same way when I first read the book, Abbey!
1 person likes this
@pashcpt7419 (15)
• United States
10 Mar 13
I still live in the cash flow quadrant going from self-employed to business owner. I'm struggling to make that transition. It is a total different mentality. Each quadrant has it's mentality. When I see myself that I'm struggling with things of the employee mentality, and start panicking because there is not enough cashflow at the end of the month yet. But little by little I have been taking one step at a time for me to go to the transition of being from employed to self-employed. Nevertheless, I keep holding strong. Congrats to me! Yey! But sometimes is a struggle, and sometimes is a ride. Jejeje! I like it so far! :P
@ladym33 (10979)
• United States
4 Aug 11
I did read that book but it was quite a while ago. When my husband was working we always paid ourselves first as well. That is how we are surviving now that he does not have a job we are not living off of our savings, this is not really what I wanted to do with our savings, but I am grateful that we have it so that we can hopefully make it through all this without losing our home.
@MysticGroup (18)
• United States
1 May 11
I follow his advise of getting educated and taking action. I even host a Ca$hflow 101 group!
@BannedHelsing (693)
• Philippines
16 May 11
I am too a big fan of Rich dad, Poor dad. I read it a year ago and every once in a while i read it again to refresh myself of the grear ideas and principles in the book. One of the principle i live by is to work to learn, not work to earn. This is a good principle specially for the young people out there.
@billionairewannabe (37)
• Philippines
3 Aug 11
The best lesson i got from Rich dad poor dad is that we should finish education not to get a job but to make jobs.
I've been led to believe that education is very important and i should finish my study so i can have a job. simply put, finish studies so i can be an employee. that's the only dream of the parents, i guess. But when i read rich dad poor dad, it open my mind that we don't have to finish education just to be employees. why not create jobs instead.
and up to now, that's the best idea that changes the way i think, and that pushes me to create more business. to create jobs to my countrymen.