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6 ways to achieve financial freedom according to Robert T Kiyosaki.



Robert T. Kiyosaki is a well-known author and entrepreneur who has written several books on personal finance and wealth creation. According to Kiyosaki, building wealth requires a different skill set and mindset than what most people believe. Here are some of the key principles that Kiyosaki advocates for achieving wealth:


1. Become financially literate.

Kiyosaki believes that financial literacy is the foundation of wealth creation. He encourages people to learn about money, investing, and business in order to make informed financial decisions.


2. Overcome your fear of money.

Many people have a negative relationship with money, which can hold them back from achieving wealth. Kiyosaki encourages people to overcome their fear of money and to see it as a tool for creating wealth.


3. Take action, one step at a time.

Kiyosaki believes that taking action is the key to achieving wealth. He encourages people to start small and to take one step at a time towards their financial goals.


4. Focus on generating passive income. 

Kiyosaki divides income into four categories, which he calls "cash flow quadrants". He believes that the key to achieving wealth is to focus on generating passive income, which comes from investments and business ownership.


5. Seek opportunities, not security.

Kiyosaki believes that seeking security is a trap that can prevent people from achieving wealth. He encourages people to seek opportunities instead, and to take calculated risks in order to achieve their financial goals.


6. Be cooperative, not competitive.

Kiyosaki believes that cooperation is the key to achieving wealth. He encourages people to work together and to build networks of like-minded individuals who can support each other in their financial endeavours.


In summary, according to Robert T. Kiyosaki, achieving wealth requires financial literacy, overcoming fear, taking action, generating passive income, seeking opportunities, and being cooperative. By following these principles, individuals can develop the mindset and skillset necessary to achieve financial freedom and create a life of abundance.

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