Why Most People Misunderstood The Rich Dad Poor Dad Message - a podcast by Dan Lok

from 2019-03-02T10:00

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If you want to make six or seven figures a year, what would you rather have: assets or income?


Now, before you answer that question, you need to understand what assets are. Robert Kiyosaki explains assets in his book, Rich Dad, Poor Dad. However, many people have misunderstood his message.


Let’s take a closer look at assets and income one step at a time. If your income is low six figures, then you could have 100% of that coming from income. But if you’re making above six figures, then part of it must come from leverage, not just work. So what is leverage?


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