You will never be poor again💪

They don't need what we understand out there

they'll in no way get the ones on CNBC however our

college gadget will never tell us it does

their a part of the posse

fake cash faux destiny live again

I realize the sport of the rich my rich dad

taught me you understand uh cuz you're the

banker the bankers and the wealthy play is

one of a kind than what they educate you in

college all over the world what the

college train you approximately cash and the

answer is not anything and that's now not a

mistake it really is no longer an accident

I knew that most people recognise that the

manner to hold the bad and center elegance

running difficult has in no way teach them what

the rich understand so if you study wealthy Dad

poor Dad which came out in 1997

it is what the rich train our kids about

money the poor middle magnificence do now not

poverty hurts I imply I do not love it and

I do not like that our educational structures

so corrupt you recognize we understand the banking

machine is corrupt

we recognize politics is corrupt however act however

lecturers is simply as corrupt I imply one

factor if it is the banking in the

politics however that is in which we ship our

kids and we consider them to do the

proper things for them and yet they're

being not taught some thing so

essential such as you requested your dad when

you were a kid dad oh yeah Stratego tell

train us about money and it became just

by no means by no means and they will never will you

realize some thing what do you understand percentage it

what is economic education it's now not get

a process paintings hard save cash and spend money on

a nicely-varied portfolio stocks

bonds mutual funds and ETFs the

financial enterprise is things debt

and taxes 1971 Nixon took the dollar off

the gold standard and the usa dollar

became debt and we still tell youngsters to head

to high school get a process paintings tough save money

and get out of debt

now who tells them to do that it truly is the

most ridiculous factor there may be the book

starts offevolved and it says line primary

saving money will make you wealthy and ever

properly that each one taught that as

youngsters why would you shop it and why could

you work for it

if they are able to print it had faster than you

can paintings for it why do you preserve saving

when they're printing it rich do not work

for money do not you touch that stuff

it's very diffused

yeah they don't say i am gonna educate you

to be a employee be the relaxation of your lifestyles

however they train you in a manner in which

that's what you come back out proper what else

turned into he what turned into he seeking to do the ones

first few months have been you operating for

him what became he looking to get throughout you

because he taught you the hard manner about

money and she or he said if you're gonna be a

successful on your lives you've got to

discover the quality instructors and a excellent

teacher is any individual who comes from the

internal no longer the outside but in college you

don't know in case your trainer is for

real or now not

that's where the fake instructor comes from

I said I want you to teach me about

money so it became so why have to I teach

you he said but it if I train you you

work for me at no cost and i stated why for

unfastened my dad my bad debt whatnots he

says is that if I pay you you think like an

employee your brains will your brain

will alternate in case you research by no means to work

for cash you will be a wealthy man and this

is strong when you provide someone a

paycheck their brain turns off right

as it had been the promise of a

pension proper and task safety which is

kind of a paycheck in disguise correct

after you stopped

supply the person a fish eats for the day

teach him to fish eats for an entire life

and most bad human beings confuse property and

the liabilities they assume their domestic is

an asset it's without a doubt a legal responsibility proper

an asset is a noun like a residence coins

flow is a verb so to recognize if it's

an asset a liability

it takes a noun + verb so if the coins is

flying out of your pocket it is a

liability if the coins is flowing into

your pocket has it burn that's it

so I own 7,000 condo properties also

assets each month the cash flows in

whereas many humans have the large house

of the hill and the coins is flowing out

right now they're going broke right it's

like a frame of thoughts the alternative element the

negative do not understand is the number one

price for most of the people as taxes and but

we do not even see it isn't always that bizarre

you stroll round and also you observe the

paycheck and say oh that does not appear

proper and you don't recognise that the

authorities's got a large hand in your

pocket and you're doing not anything to

reduce that once more that is what became

very extraordinary approximately the rich and the

bad the wealthy don't paintings for cash is

number one steeply-priced tax see there's

three sorts of income earned portfolio

passes so earned earnings is if i am getting a

activity it's earned profits if i am a health practitioner

or a programmer it really is burning due to the fact

i'm working for if i buy US by way of pilots an

apple for ten greenbacks I sent over 20

that is

portfolio income capital profits yeah but

passive income that is cash glide is

by no means taxed this is all of these guys are

screaming right now in the us

tax too wealthy as a very good luck due to the fact maximum

of the guys complaining they do not know

the three kinds of income and the rich

don't have jobs anyway they have got belongings

and so the common small accessible poor

man you recognize sent the child to school they

don't examine this you see only a few humans

will buy what I do make one million

dollars and pay zero tax and my rich dad

taught me that gambling Monopoly it is

how it began you already know for green houses

one red resort or the McDonald's for me I

write approximately it McDonald's Ray Kroc yeah

McDonald's is within the actual estate

enterprise so they sell hamburgers but

they purchase actual estates they pay no taxes

you already know this guy Bezos however he's sixteen

billion dollars how a lot tax did append

a 16 billion and that's all felony anyone

can do it it every body may want to to place

each person most people lack the education

so when you learn how to use debt as

cash you may in no way say I can't manage to pay for

it because the banks will provide you with so

the banks after the crash of 2008

the banks gave me 300 million dollars

tax-free after they requested the common

men that may you why don't you use a

debt they can't even get a mortgage because

there are ratings their FICO rankings when

most effective we have them right here are so awful the

schoolteachers will in no way inform you about

due to the fact they do not know it my terrible dad

never knew that you do not know if

some thing as an asset a liability until

you may see which way the coins flows so

a residence is that it hasn't a liability

nicely if it is taking money from your

pocket it is legal responsibility it is setting cash

on your pocket it is an asset the us

authorities wishes me to provide housing

wishes me to provide jobs desires me to

borrow cash because it is how cash is

created thru debt i get large tax

breaks absolutely everyone can do the same factor

in the event that they had the economic training to

do it

if human beings understood the tax code we might

be extra wealthy however can poverty be

surpassed thru genetic yes because it's

a few form of way of questioning it's an

mindset it's very simple when I desired

human beings ask you how do I forestall it I simply

by no means say I can't come up with the money for it ask yourself

how am i able to the motive i've so much

money is due to the fact I don't say I can't do

it I just got how am i able to do

and that i guess one to it I make a number of

errors but that is how I found out how

can i and negative people like my poured

that usually that I can not come up with the money for it you

assume i am fabricated from money i am a faculty

instructor I can not try this and that i picked

that up and my wealthy dad by no means said those

words so when I make bad human beings that

use the words I can't plenty so the

people that stated I cannot come up with the money for it I

can not do this I can't get to college the

wealthy are you capable them I pick out no longer to

participate in that and that is one thing

humans may want to exchange these days

proper now could be that dialog in their head

to prevent announcing the phrase cannot I cannot

proper so how can how am i able to mainly as

in I can not afford it how can i manage to pay for

that

due to the fact that opens them as much as looking at

it as an investment to a extra destiny

proper you know when I borrowed three

hundred million greenbacks I couldn't do it

when I informed I went to ask and that i were given

grew to become down so normally as a hill and

every time I showed the back of my

financials they cross sorry I stated appearance do

me a desire why did you switch me down you

inform me

you enterprise out the numbers are out

right here so i am getting these numbers constant am i able to

come see you again because certain

so it is called rejection same as my spouse

rejected me for six months

it's just a count of private strength of mind

become a religious to signal if they could do

it i can do it

and the way can i how can i and i assume it's

you once stated words grow to be flesh yep I

changed into a Bible to intelligence increases

through your mistakes thru the ups

and downs of what you have found out actual

estate's actual property what I found out

made me enricher no longer the money you do not

need cash to make cash I

think absolutely everyone every man or women has at

low point in their existence and if they get

the message a brand new life starts in case you

don't get the message they maintain going

down the richer I got was due to the fact I

failed to want any cash I ought to use this

to make cash however how did i am getting there so

I made a whole lot of errors people are

frightened of making errors and all those

for fear of failing

nice excellent so very excellent such a lot of people

trapped in the identical device