Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, and crucial money tricks that will provide continuous help along your journey. We believe that access to unbiased and jargon-free personal finance guidance is more necessary than ever before. When you handle your money in a purposeful, thoughtful way that works for your lifestyle, you can really start living ...
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Rich Dad, Poor Dad is a great book. It has inspired a lot of the most successful people today and it’s continuing to inspire more, but there’s something missing and it’s something we work hard to provide to people. Key Talking Points of the Episode [02:01] Invest with PreREO! [02:55] Rich Dad, Poor Dad [03:45] How did I feel about the book as a financial advisor? [06:15] What is the problem with Rich Dad, Poor Dad? [07:40] What’s happening to the Rich Dad, Poor Dad brand? [08:40] What was my favorite time as a stock coach? [10:04] What are the two factors that make active investments work? [13:18] Why do you need to be careful with your investments? [14:33] Who are the people who should come to us for help? [15:09] How can having passive income help you in business? [16:34] What should you do with Rich Dad, Poor Dad? [19:00] How can Money Ripples help you create cash flow sooner? Quotables “The thing is, when you read Rich Dad, Poor Dad, it gets you excited and you always wanna know the how-to.” “What frustrates the people is that they don’t get the actual application.” “Here’s the shortcoming - it’s an active investment. It’s an investment you gotta put a lot of time, energy, and money into.” “I can guarantee you that any business you do, there are gonna be some bad times or times that you’re not gonna think are very favorable.” “If you own a business, it is so much more fun when you don’t need the money.” “Rich Dad, Poor Dad can only get you so far, but at some point, you’re gonna need guidance and help.”