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Partial Book Review Of Rich Dad Poor Dad

Scott CunninghamNov 28, 2018, 10:21:23 AM
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This book has so many amazing financial gems in it that I wanted to share while I was about halfway through the book and the information was still fresh in my mind. Some of the main points he made were that you should focus on buying assets to generate more wealth and avoid liabilities. Most people think certain liabilities are assets when they are not. The rich focus on acquiring assets and diversifying and letting their money work for them. Financial literacy is a crucial component to success. There are so many more!

Note that near the end I say I use my rent as part of my income tax and I sort of fumble with what I'm saying. I'm saying that rent if you're working from home can be used as a deduction from the income tax you would have to pay.

Let me know what you think in the comments below!

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