The 3 Qualities You Need To Become Wealthy

The characteristics:

  1. Maintain a long-term vision and plan
  2. Believe in and practice delayed gratification
  3. Use the power of compounding (for money, knowledge and learning from taking action)

The path:

  1. Don’t only hold short-term goals for your life
  2. Become aware of and begin to control your need for immediate gratification
  3. Don’t ignore the immense power of compounding

Source: “Rich dad’s Cashflow quadrant: The guide to Financial Freedom” by Robert Kiyosaki

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