How do you become a Rich Dad or Rich Mom instead of a Poor Dad or Poor Mom? [In Today’s world]
This wasn’t about hype or motivational fluff. It was about understanding how wealthy people actually think, make decisions, and build something that lasts.
The core question we tackled was simple, but powerful:
How do you become a Rich Dad or Rich Mom instead of a Poor Dad or Poor Mom? [In Today’s world]
Inspired by Rich Dad Poor Dad, the conversation went far beyond the book and into real-life experience, real mistakes, and real lessons learned the hard way.
Wealth Is Bigger Than Money
One thing that continues to set TheBrkthru apart is this truth: money alone isn’t the goal. Long-term growth requires balance.
Financial Education Changes Everything
Working hard isn’t the problem.
Lack of understanding is.
Financial education isn’t a one-time lesson or a book you read once. It’s an ongoing process. Without it, people follow rules that no longer work and wonder why they stay stuck.
That awareness alone can change the trajectory of someone’s life.
Assets vs. Liabilities: The Moment It Clicks
An asset puts money in your pocket.
A liability takes money out.
Most people think they own assets, but in reality, they’re carrying expenses. That realization can be uncomfortable, but it’s also freeing. Once you understand it, you start making very different decisions.
Letting Money Work Instead of You
The goal isn’t to work harder forever. The goal is to build systems that work even when you’re not there.
The conversation walked through the natural evolution many investors experience:
Starting with single-family rentals
Expanding into lending and construction
Moving into larger commercial assets like mobile home parks and RV parks
Every move was guided by one simple principle:
>>> low risk, high reward <<<
If a deal doesn’t cash flow, doesn’t scale, or doesn’t offer multiple exits, it deserves a second look or a hard pass.
Mind Your Own Business
One of the most important reminders from the session was this: don’t outsource your future.
Relying on a job alone puts your financial destiny in someone else’s hands. Building your own income streams even alongside a career puts you back in control.
That shift doesn’t happen overnight, but it starts with awareness and intention.
Debt, Taxes, and the Unsexy Truths
Some of the most valuable conversations are the ones people avoid.
Debt isn’t evil, but it’s dangerous if you don’t understand it. It exposes weak fundamentals fast.
Cash flow matters. Sustainability matters. And tax planning matters way earlier than most people want to admit.
Vision Is the Difference
Becoming a Rich Dad or Rich Mom isn’t just about income goals. It’s about vision.
When you know what you’re building toward, fear has less control. Decisions get clearer. And progress becomes intentional instead of reactive.
Most people aren’t stuck because they don’t work hard.
They’re stuck because they’re playing by rules that don’t serve them anymore.
If you’re ready to stop circling and start building…
You belong at The Breakthru.
👉 Watch the full lesson here:
[WATCH THE FULL LESSON]
Every week.
No fluff.
Just breakthroughs.
See you next week. 👊
Brant Phillips