Rich Dad Poor Dad is a starting point for anyone looking to gain control of their financial future

1. 
Accounting
Accounting is financial literacy or the ability to read numbers. 
This is 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 comes tumbling down. This is the left-brain 
side, or the details. Financial literacy is the ability to read and 
understand financial statements which allows you to identify 
the strengths and weaknesses of any business.
2. 
Investing 
 
Investing is the science of “money making money.” This 
involves strategies and formulas which use the creative
right-brain side.
3. 
Understanding markets 
Understanding markets is the science of supply and demand. 
You need to know the technical aspects of the market, which are 
emotion-driven, in addition to the fundamental or economic 
aspects of an investment. Does an investment make sense or does 
it not make sense based on current market conditions?
4. 
The law 
A corporation wrapped around the technical skills of 
accounting, investing, and markets can contribute to explosive 
growth. A person who understands the tax advantages and 
protections provided by a corporation can get rich so much 

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faster than someone who is an employee or a small-business
sole proprietor. It’s like the difference between someone walking 
and someone flying. The difference is profound when it comes 
to long-term wealth.
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Tax advantages
A corporation can do many things that an employee cannot, 
like pay expenses before paying taxes. That is a whole area of 
expertise that is very exciting. Employees earn and get taxed, 
and they try to live on what is left. A corporation earns, 
spends everything it can, and is taxed on anything that is 
left. It’s one of the biggest legal tax loopholes that the rich 
use. They’re easy to set up and are not expensive if you own 
investments that are producing good cashflow. For example, 
by owning your own corporation, your vacations can be 
board meetings in Hawaii. Car payments, insurance, repairs, 
and health-club memberships are company expenses. Most 
restaurant meals are partial expenses, and on and on. But it’s 
done legally with pre-tax dollars.
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