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esting my missions in assets。
My money was working hard to make more money。 Each dollar in my asset column was a great employee; working hard to make more employees and buy the boss a new Porsche with before…tax dollars。 I began to work harder for Xerox。 The plan was working; and my Porsche was the proof。
By using the lessons I learned from my rich dad; I was able to get out of the 〃proverbial rat race〃 of being an employee at an early age。 It was made possible because of the strong financial knowledge I had acquired through these lessons。 Without this financial knowledge; which I call financial IQ; my road to financial independence would have been much more difficult。 I now teach others through financial seminars in the hope that I may share my knowledge with them。 Whenever I do my talks; I remind people that financial IQ is made up of knowledge from four broad areas of expertise。
No。 1 is accounting。 What I call financial literacy。 A vital skill if you want to build an empire。 The more money you are responsible for; the more accuracy is required; or the house es tumbling down。 This is the left brain side; or the details。 Financial literacy is the ability to read and understand financial statements。 This ability allows you to identify the strengths and weaknesses of any business。
No。 2 is investing。 What I call the science of money making money。 This involves strategies and formulas。 This is the right brain side; or the creative side。
No。
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