0:04 welcome to my channel my friends today I
0:06 want to take you on a journey an
0:08 exciting Journey that could change the
0:11 way you think about life money and
0:14 success what I'm about to share isn't
0:16 just a story it's a lesson that has
0:20 transformed millions of lives including
0:23 mine we're talking about Rich Dad Poor
0:26 Dad one of the most powerful books ever
0:28 written on how to achieve Financial
0:32 Freedom imagine this you're a young boy
0:35 or girl growing up watching the adults
0:40 in your life one person says study hard
0:43 get a good job and save money another
0:47 says learn how money Works make it work
0:49 for you and build
0:53 wealth two completely opposite ideas
0:54 which one would you
0:57 follow this was the life of Robert
1:01 kosaki the author of Rich Dad Poor Dad
1:04 he had two father figures in his life
1:06 two men with very different beliefs he
1:09 called them his Poor Dad and his Rich
1:14 Dad Poor Dad was his biological father a
1:17 highly educated man with a good job he
1:19 worked as a teacher and always believed
1:21 that success comes from working hard
1:24 getting good grades and climbing the
1:27 career ladder but despite his education
1:30 Poor Dad struggled he lived paycheck to
1:33 paycheck worried about paying bills and
1:35 believed that talking about money was
1:38 impolite Rich Dad on the other hand was
1:40 not highly educated he didn't have a
1:43 fancy degree or a government job but he
1:46 had something even more valuable
1:49 knowledge about money Rich Dad owned
1:52 businesses made Investments and believed
1:54 that Financial education was more
1:58 important than formal education he said
2:00 you don't work for money
2:02 you make money work for
2:06 you now imagine being a young boy like
2:09 Robert standing between these two men
2:11 both of them are giving you advice but
2:14 their advice couldn't be more different
2:17 Poor Dad said get a good job for
2:21 security Rich Dad said create jobs for
2:25 others Poor Dad said money is the root
2:28 of all evil rich dad said the lack of
2:31 money is the root of all all evil Robert
2:34 was confused at first he loved both of
2:37 them but he started noticing something
2:40 Poor Dad despite his intelligence was
2:44 always stressed about money Rich Dad
2:47 despite not being as educated was always
2:50 relaxed and confident about his future
2:53 one day Robert asked Rich Dad why are
2:56 you so confident about money and Rich
2:59 Dad replied with a smile because I
3:01 understand how it works most people
3:04 don't they work hard all their lives for
3:05 money but never learn how to make it
3:06 work for
3:09 them that one sentence changed
3:12 everything for Robert it planted a seed
3:15 in his mind a seed of curiosity he
3:18 decided to learn from Rich Dad to
3:21 understand his secrets and to follow his
3:23 footsteps now let's pause here for a
3:26 moment and reflect on this isn't this
3:30 the reality for so many of us we grow up
3:33 being told go to school get a good job
3:34 and save for
3:37 retirement but has anyone ever taught us
3:40 how to handle money how to grow it how
3:42 to escape the cycle of working just to
3:45 pay bills your mindset about money
3:48 shapes your future if you see money as
3:51 something scary or evil you'll always
3:54 struggle with it but if you see money as
3:56 a tool something you can control and
3:59 grow you'll open the door to freedom and opportunity
4:00 opportunity
4:03 think about it if you had two paths in
4:06 front of you one leading to financial
4:08 struggles and the other to Financial
4:10 Freedom wouldn't you want to know how to
4:13 choose the right one that's exactly what
4:15 we'll uncover
4:19 today Rich Dad continued teaching Robert
4:21 and every conversation opened Robert's
4:24 eyes wider one day Rich Dad said
4:27 something that Robert could not forget
4:30 the rich don't work for money Robert was
4:34 puzzled he thought what do you mean
4:37 isn't money the reason people work Rich
4:41 Dad explained with a smile no Robert the
4:44 poor and middle class work for money but
4:47 the rich make money work for them that
4:50 is the difference Rich Dad explained how
4:53 most people live their lives in a cycle
4:57 a trap he called the rat race he said
5:00 when you're young you go to school
5:03 there you're taught to study hard so you
5:06 can get a good job once you get a job
5:09 you work hard to earn money with that
5:12 money you buy things like a house or a
5:15 car but those things come with bills
5:19 mortgages loans taxes and repairs so you
5:22 work even harder to pay for them it never
5:23 never
5:27 ends Rich Dad paused and added people
5:29 think they're working for Financial Security
5:30 Security
5:32 but they're actually working for their
5:35 boss the government and the bank the
5:37 harder they work the deeper they get
5:40 into this cycle this is why they never
5:44 escape the rat race imagine a man named
5:48 John Jon earns $3,000 a month as soon as
5:51 Jon gets a raise and starts earning
5:55 $44,000 what does he do he buys a bigger
5:58 house a better car or a new phone his
6:01 expenses grow with his income instead of
6:05 saving or investing he keeps spending
6:07 now Jon has to work even harder to cover
6:10 these new expenses this cycle keeps him trapped
6:12 trapped
6:16 forever Robert nodded he realized that
6:18 this was exactly what his Poor Dad was
6:22 doing Rich Dad then asked Robert do you
6:25 know what Financial Freedom means Robert
6:28 shook his head Rich Dad explained
6:30 Financial Freedom means having enough
6:33 income from your Investments or assets
6:35 to cover your expenses when you reach
6:38 that point you don't have to work unless
6:42 you want to your money works for you he
6:44 continued people think being rich is
6:48 about having a high-paying job but even
6:50 someone earning a lot can be broke if
6:53 their expenses are too high true wealth
6:56 comes from having assets that generate
7:00 income not from earning a big salary
7:02 Rich Dad gave Robert a simple but
7:05 lifechanging lesson about assets and
7:08 liabilities an asset is something that
7:11 puts money into your pocket even when
7:14 you're not working a liability is
7:16 something that takes money out of your
7:23 pocket one case one buying a car a young
7:27 man saves $110,000 and buys a car the
7:29 car needs fuel maintenance and insance
7:33 Insurance over time the car loses value
7:36 this is a liability because it takes
7:38 money out of his
7:42 pocket case two investing in property
7:44 another man saves the same
7:48 $10,000 and buys a small piece of land
7:52 he rents it out for $200 a month over
7:55 time the land's value increases and it
7:58 continues to generate income this is an
8:00 asset because it puts money into his
8:04 pocket Robert was amazed he realized how
8:07 often people confuse liabilities for
8:11 assets a house a car or even expensive
8:13 clothes may feel like wealth but they
8:17 don't generate income they cost money
8:21 Rich Dad told Robert the rich buy assets
8:23 first they invest in things that make
8:26 money for them businesses real estate
8:28 stocks and even education to increase
8:30 their skills
8:32 these Investments generate passive
8:35 income once they have enough assets they
8:37 can afford luxuries without worrying about
8:38 about
8:41 money Rich Dad gave Robert another
8:44 example to make it clear think of two
8:49 families both earn $5,000 a month family
8:52 a spends all their money on rent food
8:54 and entertainment at the end of the
8:57 month they have nothing left family B on
9:00 the other hand spends only only
9:05 $4,000 and invests $11,000 in stocks
9:07 over time their Investments grow and
9:10 they start earning $500 a month from
9:13 dividends eventually this passive income
9:15 grows large enough to cover their
9:19 expenses family B becomes financially
9:22 free while family a is still stuck in
9:25 the rat race Robert was beginning to
9:27 understand that it wasn't about how much
9:29 money you earned it was about how you
9:33 Managed IT Rich Dad told Robert most
9:36 people think I can't afford it but the
9:40 rich think how can I afford it this
9:43 small change in mindset makes a huge
9:47 difference he explained when you say I
9:50 can't afford it your brain shuts down
9:54 but when you ask how can I afford it
9:56 your brain starts looking for Solutions
9:59 Rich Dad gave Robert a task
10:01 whenever you want something but think
10:04 you can't afford it write down three
10:06 ways you could make it happen maybe you
10:09 can cut unnecessary expenses work on a
10:12 side hustle or learn a skill that pays
10:15 more this exercise will train your mind
10:16 to think like the
10:20 rich Robert was still hesitant about
10:23 investing he asked Rich Dad what if I
10:27 lose my money Rich Dad smiled that's the
10:30 difference between the rich and the poor
10:32 the poor are afraid of losing money so
10:35 they never take risks the rich
10:37 understand that failure is a part of
10:39 learning if you make a mistake you don't
10:44 give up you learn and try again Rich Dad
10:45 shared a plan with Robert for Building
10:50 Wealth even with limited money one track
10:53 your expenses write down everything you
10:56 spend money on for a month identify
11:00 unnecessary expenses you can cut
11:04 two start small begin with small
11:06 Investments like stocks or a savings
11:10 account that earns interest three learn
11:14 every day read books attend seminars or
11:17 find mentors who can teach you about
11:20 money four build
11:24 assets first focus on buying assets like
11:26 rental properties or starting a side
11:30 business before spending on luxuries
11:34 five reinvest profits don't spend the
11:35 money you earn from
11:38 Investments reinvest it to grow your wealth
11:39 wealth
11:42 faster as Robert started following Rich
11:45 dad's advice he noticed a change in his
11:48 thinking he no longer saw money as
11:50 something to be spent immediately
11:53 instead he saw it as a tool to create
11:56 more money he began looking for
11:58 opportunities to invest and slowly but
12:01 Sur surely his mindset shifted from
12:03 scarcity to
12:06 abundance Rich dad's lessons were
12:09 starting to change Robert's Life One
12:12 Step at a Time Robert's Journey with
12:15 Rich Dad took another turn when Rich Dad
12:17 said to become wealthy you must first
12:20 learn how to control your emotions this
12:24 puzzled Robert he asked what do emotions
12:27 have to do with money Rich Dad smiled
12:30 and replied everything
12:33 most people let fear and greed control
12:36 their financial decisions these emotions
12:40 keep them poor Rich Dad explained fear
12:42 is what drives people to stay in jobs
12:45 they hate they fear not having enough
12:48 money to pay bills so they settle for a
12:50 paycheck instead of taking risks to create
12:51 create
12:55 wealth this fear traps them in the rat
12:57 race imagine someone wants to start
13:01 their own business but they don't why
13:03 they're afraid of failing they're afraid
13:06 of losing money or being judged so
13:08 instead of trying they stay in a job
13:11 that pays just enough to survive but
13:13 never enough to
13:17 thrive Rich Dad then added the rich face
13:19 fear too but they don't let it stop them
13:22 they understand that fear is normal but
13:24 action is what matters if you want to
13:27 succeed you must feel the fear and move
13:31 forward anyway Rich Dad explained that
13:33 greed is another emotion that keeps
13:36 people trapped greed makes people
13:38 believe that more money will make them
13:42 happy they think if I buy this car I'll
13:45 feel successful if I buy this big house
13:48 people will respect me but these things
13:53 only create more expenses and stress he
13:56 continued true happiness doesn't come
13:59 from owning things it comes from freedom
14:02 freedom to do what you love and spend
14:05 time with the people you care about and
14:08 that freedom comes from building assets
14:10 not spending money on things you don't
14:14 need Rich Dad told Robert if you want to
14:17 control your emotions you need knowledge
14:19 most people are afraid of money because
14:21 they don't understand it they don't know
14:24 how to invest so they avoid it they
14:26 don't know how taxes work so they
14:28 overpay they don't know how to grow
14:32 wealth so they stay poor he encouraged
14:37 Robert to start learning about one
14:39 Investments understanding stocks real
14:43 estate and other ways to grow Money Two
14:46 taxes learning how the rich legally Pay
14:50 Less in taxes by using smart strategies
14:53 three the market knowing when to buy and
14:57 when to sell Rich Dad emphasized the
15:00 more you know the less afraid you'll be
15:03 knowledge gives you power over your fear
15:06 one of Rich dad's most powerful lessons
15:09 was about changing how you see money he
15:11 told Robert stop thinking like a
15:15 consumer start thinking like an investor
15:18 for example imagine you earn
15:21 $1,000 a consumer will spend it on
15:23 clothes gadgets or entertainment an
15:26 investor will ask how can I use this
15:29 $11,000 to make more money they might
15:32 buy stocks start a small business or
15:35 invest in a course to learn new skills
15:38 over time the Investor's money grows
15:40 while the consumer's money
15:43 disappears rich dad taught Robert how to
15:46 see opportunities that others Miss he
15:49 said most people don't recognize
15:51 opportunities because they're too busy
15:54 working or spending the rich are always
15:57 looking for chances to grow their wealth
15:59 he gave Robert an
16:02 exercise when you walk down the street
16:04 don't just look at
16:07 Shops ask yourself how could I own one
16:11 of these what does this business need to
16:14 succeed train your mind to think like an
16:16 owner not just a
16:19 customer Robert started practicing this
16:21 and found that the world was full of
16:25 opportunities a small Cafe for sale an
16:27 old house that could be renovated and
16:29 rented out or even a we sight idea that
16:31 could grow into a
16:34 business as Robert began to learn and
16:37 apply Rich dad's lessons he faced doubts
16:41 from others people told him you're too
16:45 young to invest or that's too risky even
16:48 his Poor Dad warned him to focus on a
16:51 safe job instead of chasing dreams Rich
16:54 Dad advised Robert people will always
16:57 criticize what they don't understand but
16:59 remember they're speaking from their own
17:03 fears not yours if you listen to them
17:06 you'll end up like them stuck in the rat
17:09 race he encouraged Robert to stay
17:11 focused and Surround himself with
17:14 like-minded people who believed in
17:18 growth and success Rich Dad told Robert
17:21 you don't have to start big in fact
17:23 small wins are the best way to build
17:26 confidence he shared an example of a
17:28 young woman who wanted to start
17:29 investing but had only
17:32 $50 instead of waiting to save a large
17:36 amount she began buying shares of small
17:39 companies over time her Investments grew
17:41 and she gained the confidence to take
17:45 bigger risks Rich Dad explained success
17:49 is built step by step each small win
17:52 gives you the courage to aim higher Rich
17:55 Dad also emphasized the role of daily
17:57 habits in achieving wealth he told
18:01 Robert your habits determine your future
18:03 if you save and invest a little every
18:06 month it will grow over time but if you
18:08 spend everything you earn you'll stay
18:13 stuck he recommended a simple habit one
18:16 pay yourself first set aside a portion
18:18 of your income for savings or
18:21 investments before paying any bills or
18:26 expenses two track your progress keep a
18:28 journal of your financial growth seeing
18:31 your progress will motivate you to keep
18:34 going Rich Dad warned Robert about one
18:37 common mistake
18:40 impatience he said most people give up
18:42 because they don't see results quickly
18:45 they expect to become rich overnight but
18:48 Building Wealth takes time discipline and
18:49 and
18:52 consistency when you plant a seed you
18:55 don't see results immediately you have
18:58 to water it protect it from pests and wait
18:59 wait
19:02 over time it grows into a strong tree
19:05 that provides fruit for years wealth is the
19:06 the
19:10 same money is a tool not the goal the
19:13 goal is freedom the freedom to live life
19:15 on your terms to follow your passions
19:19 and to help others once you achieve that
19:21 you'll truly understand what it means to be
19:22 be
19:25 rich Robert left that day feeling more
19:28 inspired than ever he was determined to
19:31 to break free from the rat race build
19:34 assets and create the life he had always
19:38 dreamed of one day after many lessons
19:40 Rich Dad told
19:42 Robert now you're ready for the most
19:45 important truth about becoming wealthy
19:48 success is not about luck or Talent it's
19:51 about mindset hard work and
19:55 action Robert leaned in closer eager to
19:59 hear more Rich Dad explained many people
20:02 dream of becoming rich but very few take
20:05 action they wait for the perfect time
20:07 the perfect opportunity or the perfect
20:10 idea but the truth is there is no
20:14 perfect time the best time to start is
20:17 now he gave Robert an example imagine
20:20 two friends one says I'll start saving
20:23 and investing when I make more
20:26 money the other start small saving just
20:31 $10 a week 10 years later the second
20:33 friend has built a fortune while the
20:36 first is still waiting for the right
20:40 time Rich Dad continued opportunities
20:43 are everywhere but only those who act on
20:45 them see results don't wait until you're
20:50 ready start with what you have Rich Dad
20:52 also taught Robert that failure is not
20:55 the opposite of success it's a part of
20:58 the journey every successful person has
21:02 failed many times he said he shared a
21:04 story about a businessman who started
21:07 five companies all of which failed
21:09 people laughed at him and called him a
21:13 fool but he didn't give up on his sixth
21:15 attempt he built a company that became
21:19 wildly successful and changed his life
21:22 Rich Dad smiled and said do you think he
21:24 would have succeeded if he stopped after
21:27 his first failure Rich Dad emphasized
21:29 the importance of self-discipline in
21:33 achieving Financial Freedom he said it's
21:35 easy to spend money but it takes
21:39 discipline to save and invest it always
21:42 pay yourself first even if you have
21:44 bills or debts set aside a portion of
21:47 your income for savings or investments
21:50 before spending on anything else Rich
21:53 Dad explained this habit forces you to
21:55 be creative and resourceful with the
21:58 rest of your money it also builds the
22:01 discipline you need to grow your wealth
22:03 rich dad noticed that many people let
22:06 their doubts stop them from pursuing
22:09 their dreams he told Robert your
22:12 thoughts create your reality if you
22:14 focus on your fears you'll find reasons
22:18 to fail but if you focus on your dreams
22:20 you'll find ways to
22:23 succeed as their lessons came to an end
22:26 Rich Dad shared one final surprising
22:28 piece of advice
22:31 the richest people are those who give
22:35 back Robert was confused how does giving
22:38 make you richer he asked Rich Dad
22:41 explained when you help others you
22:44 create value whether it's sharing
22:46 knowledge mentoring someone or donating
22:50 to a cause giving back multiplies your
22:52 success it brings fulfillment and
22:55 strengthens your network which often
22:57 leads to even greater
22:59 opportunities he told Robert a story
23:02 about a wealthy man who started a
23:05 scholarship fund for underprivileged
23:07 students not only did this act of
23:10 generosity change hundreds of lives but
23:12 it also brought the man immense joy and
23:15 recognition which opened doors to new
23:17 Partnerships and
23:19 businesses Rich dad's last piece of
23:23 advice was simple but powerful the
23:26 moment you stop learning you stop
23:29 growing years later later Robert looked
23:32 back on his journey and realized how
23:34 rich dad's lessons had transformed his
23:37 life he had built wealth not just in
23:40 money but also in Freedom confidence and
23:44 the ability to help others Robert shared
23:47 this message no matter where you are in
23:49 life you have the power to change your
23:52 future it doesn't matter if you're
23:54 starting with nothing what matters is
23:57 your mindset and your willingness to
23:59 take action well wealth is not just
24:02 about money it's about creating a life
24:04 where you can follow your passions help
24:08 others and Live Without Regrets as you
24:11 finish this story remember your journey
24:15 to Financial Freedom begins today start
24:19 small stay consistent learn from your
24:23 failures dream big and never ever give
24:26 up because the only limit to your
24:28 success is the limit you place on
24:31 yourself the world is full of
24:33 opportunities waiting for you to take
24:37 the first step your time is now make it count
