A wealthy person is simply someone who has learned how to make money when they're not working

A wealthy person is simply someone who has learned how to make money when they're not working

Robert Kiyosaki, the renowned author of the best-selling book "Rich Dad Poor Dad," is a firm believer in the idea that a wealthy person is simply someone who has learned how to make money when they're not working. Kiyosaki's teachings revolve around the concept of financial education and the importance of passive income in achieving financial freedom.

Kiyosaki's own journey to wealth began when he started questioning the traditional beliefs about money that he had been taught by his "poor dad." He realized that in order to become wealthy, he needed to think differently about money and how it could work for him. This led him to the realization that the key to financial success lies in creating multiple streams of passive income that continue to generate money even when he is not actively working.

One of the main principles that Kiyosaki advocates for is the importance of investing in assets that produce passive income, such as real estate, stocks, and businesses. By building a portfolio of income-generating assets, individuals can create a steady stream of passive income that allows them to maintain their lifestyle without having to rely solely on their job or active income.

Kiyosaki also emphasizes the importance of financial education in achieving wealth. He believes that in order to become financially successful, individuals need to educate themselves about money, investing, and how to make their money work for them. By learning how to manage their finances effectively and make smart investment decisions, individuals can create a solid foundation for building wealth over time.