Did you know that you can not only survive but also thrive during a recession?
Robert Kiyosaki, author of "Rich Dad, Poor Dad," advises that during a recession, it is important to focus on building assets rather than trying to save money. He suggests looking for assets that are undervalued and have the potential to appreciate in value, such as real estate, stocks, and small businesses, instead of relying on traditional savings accounts or bonds which may not keep up with inflation. He also encourages people to be creative and develop multiple streams of income, for example starting a side business or investing in a franchise.
#shorts #robertkiyosaki #booksummary
Robert Kiyosaki, author of "Rich Dad, Poor Dad," advises that during a recession, it is important to focus on building assets rather than trying to save money. He suggests looking for assets that are undervalued and have the potential to appreciate in value, such as real estate, stocks, and small businesses, instead of relying on traditional savings accounts or bonds which may not keep up with inflation. He also encourages people to be creative and develop multiple streams of income, for example starting a side business or investing in a franchise.
#shorts #robertkiyosaki #booksummary
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