20 Life Lessons From “Rich Dad Poor Dad” That Can Change Your Life

The power of problem-solving and creativity in wealth creation

Status Book
2 min readJan 21, 2023

“Rich Dad Poor Dad” is a book written by Robert Kiyosaki, which provides readers with valuable insights and lessons on financial literacy and wealth-building. Here are 20 life lessons from the book that can change your life:

  1. It’s not about how much money you make, but how much money you keep.
  2. The rich don’t work for money, they make money work for them.
  3. You don’t need a high-paying job to be rich.
  4. Financial intelligence is more important than formal education.
  5. The biggest asset you have is your ability to learn.
  6. Your house is not an asset, it’s a liability.
  7. It’s not about budgeting, it’s about increasing your income.
  8. Don’t be afraid to take risks.
  9. Don’t put all your eggs in one basket.
  10. Pay yourself first.
  11. Don’t be afraid to fail.
  12. Learn to negotiate.
  13. Understand the difference between assets and liabilities.
  14. Learn to think for yourself.

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Status Book
Status Book

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