Chapter
The Four Types of People in the World of Money Explained
07:33 - 10:47 (03:13)
The author of Rich Dad Poor Dad explains that there are four types of people in the world of money: employees, self-employed, business owners, and investors. By understanding which category you belong to, you can align your goals and take the necessary steps to achieve financial success.
Clips
The book Rich Dad Poor Dad divides income into three categories: earned income (job), self-employed (doctors, lawyers), and passive income that comes from investing, allowing your money to make more money for you.
07:33 - 09:05 (01:31)
Financial Planning
Summary
The book Rich Dad Poor Dad divides income into three categories: earned income (job), self-employed (doctors, lawyers), and passive income that comes from investing, allowing your money to make more money for you. Investing can lead to financial freedom from relying solely on earned income.
ChapterThe Four Types of People in the World of Money Explained
Episode#11 - Clawing Back From $250K Debt at 20
PodcastMy First Million
In this episode, a trader shares how he was refreshing his trading page and not caring about the macro situation of companies while trading textbook money derivatives.
09:05 - 10:47 (01:41)
Trading
Summary
In this episode, a trader shares how he was refreshing his trading page and not caring about the macro situation of companies while trading textbook money derivatives.