Unlocking Financial Intelligence: The Rich Dad's Perspective
This program is designed to instill the financial intelligence principles taught by Rich Dad, challenging conventional wisdom and empowering individuals to build wealth through understanding assets, liabilities, and the power of debt and taxes.
Program Modules
Challenging Conventional Financial Wisdom
Examine the traditional financial advice given by schools and society, contrasting it with the strategies employed by the rich.
Identify Limiting Beliefs
DailyReflect on personal beliefs about money and identify those that might be hindering financial growth.
โ"The way to keep the poor and middle class working hard is never teach them what the rich know."โ
Compare 'Rich Dad' vs 'Poor Dad' Mindsets
WeeklyAnalyze the differing perspectives of a 'rich dad' and 'poor dad' regarding work, money, and assets.
โ"Rich don't work for money."โ
Understanding Assets, Liabilities, and Cash Flow
Learn the fundamental concepts of assets, liabilities, and how cash flow determines true wealth.
Define Assets and Liabilities
DailyClearly define what constitutes an asset and a liability based on cash flow principles.
โ"An asset is a noun like a house. Cash flow is a verb."โ
Analyze Personal Cash Flow
WeeklyCreate a personal income statement and balance sheet to visualize cash flow and net worth.
Leveraging Debt and Taxes
Understand how the rich strategically use debt and taxes to their advantage.
The Power of Debt
DailyExplore how debt can be used to acquire income-generating assets.
โ"Once you learn how to use debt as money you can never say I can't afford it because the banks will give you."โ
Tax Strategies for Wealth Building
WeeklyLearn about different types of income and how taxes impact wealth accumulation.
โ"The number one expense for most people is taxes, and yet we don't even see it."โ
Overcoming Fear and Embracing Financial Education
Cultivate a growth mindset, embrace mistakes, and prioritize financial education.
Reframe 'Can't Afford' to 'How Can I Afford?'
DailyChange your mindset from scarcity to abundance by asking empowering questions.
โ"Never say 'I can't afford it.' Ask yourself 'How can I?'"โ
Seek Financial Education
WeeklyCommit to continuous learning through books, seminars, and mentorship.
โ"If you're going to be successful in your lives, you've got to find the best teachers."โ
What You'll Accomplish
- Understand the difference between assets and liabilities.
- Learn how to leverage debt to build wealth.
- Identify and challenge limiting beliefs about money.
- Develop a financial mindset focused on cash flow and asset acquisition.
- Learn the basics of tax strategies used by the wealthy.
- Develop strategies to overcome fear and embrace financial learning.
- Adopt the mindset of asking 'How can I afford it?' instead of 'I can't afford it.'
Full program access + updates
