5 Ways Rich Dad Poor Dad Changed My Life

Rich dad poor dad by Robert Kiyosaki was one of the first books i read about finances and the idea of financial freedom. Today I'm going over a few different ways rich dad poor dad changed how i think and changed my financial life. everything from the importance of financial literacy to the difference between an asset and a liability. This book also was what got me started in the world of real estate investing and i know has been a huge help to alot of people so whether you have never read rich dad poor dad or read it every year i hope its good to be reminded of these points.
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[@ScottManwell]

Failing at school was always a bad thing. Failing at life is part of learning and growing. Good stuff

[@JuliaLis]

I LIKE that you give us mini updates about your properties and life unrelated to the video. Keep it up!

[@GabeBult]

thanks!

[@danskdna8550]

Yes! That book and The Millionaire Next Door. Life changing!

[@joycegonzales4994]

The book, “Your Money or your life” was my game changer

[@thanliupanmei9550]

Rich dad, poor dad is the first finance self help book i read.. It's a highly recommended book for 20s but I wish I had read it in my teens.. Thanks for making this video

[@huntervillegas547]

This is the first video I’ve seen of yours it I also liked the way you organized this video. 10/10 subscribed.

[@Mushroom321-]

GREAT ADVICE!!, THANK YOU FOR sharing.. what you read .

[@ibathedinacid1]

Absolutely love this book! I just finished it! Thank you so much for your minimalist & frugal content! You are appreciated.

[@JazzyArtKL]

You really inspired me decluttering my home and changing my mindset on finances. I just ordered Rich Dad - Poor Dad. After one of your videos last Friday I've completely decluttered my kitchen and only 20 percent is left and it feels so good. I can find stuff, I only have ONE of each item (I had three measuring cups ??) and it truly calms my mind. Thanks Gabe, keep inspiring the crowd!

[@user-ii5jh2ch2i]

Money is not the most important thing in life. As long as one can pay their bills and have no debt. In Switzerland home ownership is no big deal. A high education, speaking at least three languages plus being a good person and investing in a pension scheme is far more important here.

[@Toby_Gomez]

Lookin like Heath Ledger

[@Mushroom321-]

Yes! 🤔

[@divinagracialozadadaguiso4803]

Your video is great and very informative. Thanks a lot!

[@romeyduncan4067]

Gabe you are amazing! I’ve seen a few of ur videos already.. really insightful and helpful thank you so much

[@simplyrissa1]

I love all the advice that you were giving. I have been trying to get my finances together and not having to live paycheck to paycheck. I have been taking the baby steps to see where my money is going and to figure out what things that I'm spending way to much money on. I have started to find ways to save money and not to impulse buy things.

[@lettienugent]

I liked this type of video too. I think it’s the combination of all of the different styles & subject matter, that help them all be more interesting. Thanks

[@Mushroom321-]

Neat homes in new hampshire....!!😲😲 love seeing the snow... ☃

[@emilia6067]

Can confirm, Robert Kiyosaki got me started as well

[@justintaylor-moneymindset4073]

Robert Kiyosaki is the man! Love his other book too, “The Cashflow Quadrant”.

[@alexanderwitmondt4234]

Hi Gabe, I’ve been catching up with a lot of your content. Great videos! Where do you get your background music from?

[@GabeBult]

It's all from epidemic sound

[@chealipe7445]

I need to read rich dad poor dad to inspire me again, my rental home is not yet finish no more money for renovation it sucks. Thank also for this video😁

[@jenniferlancaster7040]

I started reading the book last night because you recommended it. I am realizing this exact thing, I could never let go of rent money to take risks and now I'm stuck on a treadmill of working for money.

[@cinnamonoatmeal9998]

" The Big Short" Michael Lewis I'm checking out

[@ArtQ21]

I’ve gone down the Gabe Bult video rabbit hole!!!

[@qmakesithappen]

Dude!!! You killed this one! Your vids are legit getting better and better! The bit about playing not to lose was heavy and sounds like most people. I play both offense and defense but I know eventually I'm going to have to pull that ultimate trigger. I'm currently one foot in one foot out, can't win that way 😔 great video Gabe.

[@GabeBult]

Thanks! I think most people end up in that position and eventually you just have to jump or play it safe

[@luvzouk4life7]

Awesome content and concept! 👍

[@belonging9200]

Does this book also apply to moms? 😅

[@angelaraymond3271]

Hey Gabe love your content, love rich dad poor dad and all the skills I have learnt over the years, love making passive income and learning how I can earn more and spend less, Love the minimal frugal slow living lifestyle but also getting money to work for me. Your very goofy and laid back in your videos, it seems to come very natural to you :) Will continue following thank you for all that you do. :)

[@mikeylorenzio2076]

We should honestly link up man! I know that sounds sketchy, but I think we're very like-minded and have different skills we could teach to each other.

[@inea815]

Definetely the book to get on the mindset for FI. Thank you fot the great content always

[@GabeBult]

👍

[@albohn3997]

Man, I’m so glad this popped up in my feed! Thank you for making this! I have one week left at my day job and then I will be taking my small business full time! It’s been just over a decade in the making, many times I thought I should close it as working two full time jobs is difficult, but I stuck it out. And I am soooo glad that I did! I now have been presented with all these great opportunities, and as risky as all this feels there is a tremendous amount of positive momentum that just can’t be denied any longer. Your tip about sales/sales courses is a great idea. I am a skilled trades person, and that is the focus of my business. Thankfully I have many many years of customer service skills that translate well, but sales and business/business management course would be a huge next step. Keep doing you man! Great stuff you have on here!

[@Sandy83]

There was an ad from Robert Kiyosaki before this video started!

[@liliamrodriguez3020]

Great video

[@karendobbs8153]

I never thought of it the way you explained it, but you are 100% correct. We work for 50 or 60 years to have money for 10 or 20 years of retirement. Those are scary facts.

[@sendmedoge8939]

Your point of being able to understand something well enough to tell someone else reminds me of something I live by. I know smoking is bad, but hear me out. I work in IT. When I'm stuck on something. I go have a smoke and talk about it to a coworker. The smoke.. gets me away from the problem. If you don't smoke... just take a step away from it. But.. verbalizing it to someone else.. engages a different part of my brain and I KID YOU NOT I fix 90% of the things I'm stuck on.. while I'm outside having a smoke and describing it to someone else, because i see the flaws in my thinking... by verbalizing it. If you have a problem.. step back... and work on the problem VERBALLY. It really does change things.

[@GabeBult]

That's absolutely true when I have issues I generally just talk to somebody about it and they don't end up saying anything and I just work it out it's like verbal processing

[@ModernDayPilgrim]

We bought his game!! To play with our kids! It’s great!

[@jessestam]

Where is your house hack property located? Everything near me is 300k+ (which is crazy), but I'd love to do this.

[@GabeBult]

New Hampshire

[@inea815]

Coming from an accounting degree + having my CPA. Definitely the Asset vs Liability description of this book was the biggest lesson. It is completely different from accounting theory, but it makes so much more sense to apply to life the RDPD definition.

[@nzmak3220]

how covid19 impacting your portfolio? btw, i read all of RTK's books.

[@GabeBult]

Not really all that much besides Airbnb slowing down a little bit

[@nzmak3220]

@@GabeBult my rentals feel some effects, two houses become vacant, two tenants being unable to pay.. only time will tell..

[@PassiveIncomeTom]

*RDPD is a an excellent book as you mentioned!* 👍

[@GabeBult]

👍

[@majosakura17]

Best book ever! Changed my life too

[@GabeBult]

👍

[@comedyman112]

@3:35 LOL Wait till you reach 50 years old and hear yourself saying that. 50 seems old now, but when you're 50, you'll say you'll live for at least 20 years more. P.S. I'm 28 atm, so it's just a concept I've heard about from others.

[@carolinekaplan542]

plan for longer than seventy babe

[@Trishpage312]

I like it

[@veronicachic]

You’re so handsome

[@lampjerulez]

In school they teach that failure is a bad thing.... WHAT? ok as a teacher in thee netherelands iam now like very very concerned about the schools at your place XD I teach my elementary school kids every day they have to fail first in order to learn. I literally say that they need to make mistakes, because if they dont whats the reason for me being there as a teacher?

[@Mushroom321-]

Yes, if nobody "failed at something they wouldn't see a different way of doing something...😼

[@griso107]

Cool video 👊

[@GabeBult]

Thanks griso

[@kamysamaa]

Is there such thing like failing on KZbin?....hard to believe

[@lamoon1525]

My husband and I live minimalist and self sufficient (wherever possible). I read Rich Dad, Poor Dad many years ago. My husband is reading it now...and he very smugly mentioned, well honey...we must be doing ok cause we implemented these ideas years ago. Yep, covertly and without a lot of fanfare...yes we did. LOL. Yes, I like this style...it makes you real and human.

[@staceymoss5599]

What do you mean you bought a house hack

[@wandaj8099]

I have my income return....best place to invest? I'm 55 and a caregiver to my disabled son so I only make $1,000 month and he is on ssi $800. How can we live and invest??? Basically, what should I invest in???

[@user-ii5jh2ch2i]

Invest your time in your son. That is true love and care from you to him. I greatly respect what you are doing. Being a caregiver I think is no easy task. Money is not everything in life. Bless you and kindest greetings from Switzeland.

[@wandaj8099]

@@user-ii5jh2ch2i Thank you very much and it has its ups and downs but once your a mom or a dad w special needs child, your forever a mom/dad. I just wanted to know how I can invest in order to make my $ work for us and our future.

[@JacobGravesen]

@@wandaj8099 Maybe look into activities that will earn you money. Find something you love to talk about that the world needs, maybe you can then start a blog

[@wandaj8099]

@@user-ii5jh2ch2i yes, ty but I also have to look for the future and when I'm gone and he will be alone. Have to make sure now that I can save up enough for a small home that I can leave him in my will and his insurance will provide caregivers for him. I also have to add that I really like the way Switzerland economy is and would love to be able to live outside of u.s.a.🙏😉

[@wandaj8099]

@@JacobGravesen have thought about doing a podcast, reading for ebooks also but not sure how to start those businesses. I have been told I have a soothy voice. Tyvm

[@mabus4910]

Please explain to me how you earn 5 Dollar a month with 20 Dollars investment like you state in the video! That is an annual rate of 1,455 percent. I am not saying, that saving money and investing are a bad idea, but please be more careful with the numbers when you are giving financial advice.

[@kamysamaa]

Every KZbinr is a seller...1st they sell their channel,then their channel sponsors products,then they sell the products they get for free to review them...and after that they want to sell you their merchandise... lucky for them there almost 8 billion people on this planet...most of them stupid enough to buy all these crap...😄