Nick HutchisonFounder and CEO, BookThinkers

Rich people do THIS with their money 🤫

24 Apr 2023 · 0 min

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0:26

Nick Hutchison explains Robert Kiyosaki's core idea: poor and middle-class people work for money, but wealthy people make money work for them. Salaried employees are dependent on paychecks, while entrepreneurs and investors use leverage to generate passive income and let their money earn while they sleep.

Poor and middle-class people work for money, whereas rich people make money work for them. That's one of my favorite lessons from this book, Rich Dad Poor Dad, by author Robert Kiyosaki. He teaches us that if you're an employee and you're being paid a salary, you are a slave to that salary. Whereas if you're an entrepreneur or an investor and you have more control of your money, your money works for you while you're sleeping. That's leverage. And that's something that you can learn inside of this book.

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