Author tells about a story of real estate business of Mc Donald and how its mc owner mind his own business and teach others too…………stay tuned more episodes coming soon --- Support this podcast: https://anchor.fm/robertkiyosaki/support

The author have explained in detail about the assets,liabilities and debts --- Support this podcast: https://anchor.fm/robertkiyosaki/support

The author has explained why the rich become richer and poor become poorer……… --- Support this podcast: https://anchor.fm/robertkiyosaki/support

The author makes a difference between the balance sheet of research and Hoover dam while that his dad does not consider his house as a acid while the poor dad consider his house the biggest asset and due to which this dad gets money and who obtain bills --- Support this podcast: https://anchor.fm/robertkiyosaki/support

The author tries to explain what is the difference between assets and liabilities. And output given by them --- Support this podcast: https://anchor.fm/robertkiyosaki/support

The title itself tells about which episode is --- Support this podcast: https://anchor.fm/robertkiyosaki/support

Now Mike and Robert have been trained so well, now we have to see how can they apply this into their life........................................ btw this is l;ast episode of this chapter stay tuned for next season......................coming soon. --- Support this podcast: https://anchor.fm/robertkiyosaki/support

Refer to the diagram to understand better: https://t.me/richdadpoordadaudiobooks/7 It’s not how much money you make. It’s how much money you keep. In 1990, Mike took over his father’s empire and is, in fact, doing a better job than his dad did. We see each other once or twice a year on the golf course. He and his wife are wealthier than you could imagine. Rich dad’s empire is in great hands, and Mike is now grooming his son to take his place, as his dad had groomed us. In 1994, I retired at the age of 47, and my wife Kim was 37. Retirement does not mean not working. For us, it means that, barring unforeseen cataclysmic changes, we can work or not work, and our wealth grows automatically, staying ahead of inflation. Our assets are large enough to grow by themselves. It’s like planting a tree. You water it for years, and then one day it doesn’t need you anymore. Its roots are implanted deep enough. Then the tree provides shade for your enjoyment. Mike chose to run the empire, and I chose to retire. Whenever I speak to groups of people, they often ask what I would recommend that they do. “How do I get started?” “Is there a book you would recommend?” “What should I do to prepare my children?” “What is your secret to success?” “How do I make millions?” --- Support this podcast: https://anchor.fm/robertkiyosaki/support

People become slave of money in an order to chase their desire, after getting so much of money they still chase money, the illusion created by money in very different and how to avoid it rich dad explains……………. --- Support this podcast: https://anchor.fm/robertkiyosaki/support

Rich dad explains how money controls emotion and desire and continues to tell about ………… --- Support this podcast: https://anchor.fm/robertkiyosaki/support