Rich Dad Poor Dad Part 05 | What is the Bracket Creep
Shane Dilshan Shane Dilshan
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 Published On Jan 14, 2023

Rich Dad Poor Dad | Robert Kiyosaki Book Review

Rich Dad Poor Dad is a personal finance book by Robert Kiyosaki and Sharon Lechter. The book advocates for the importance of financial literacy and financial education and emphasizes the value of building wealth through investing in assets rather than just earning a high income.

The book is written in the form of a narrative, with Kiyosaki sharing lessons about money and financial management that he learned from his two fathers: his biological father, whom Kiyosaki refers to as "poor dad," and his best friend's father, whom Kiyosaki calls "rich dad.

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Transcription of the Video:
What is the bracket? Creates higher income and makes higher taxes. This is being called a bracket created by Robert Kiyosaki in his book Rich Dad that if you are an employee, the government is going to take taxes when your employer is going to pay you.
Still, on the other hand, if you are a business owner, you have much leniency because you have to pay the taxes at the end of the year by reducing all of your expenses. This is wisdom from Robert Kiyosaki from the book that goes again. Follow for more.

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