In this episode of the “Glaf Podcast”, we host real estate consultant and analyst Imad Manshi to discuss the book “Rich Dad Poor Dad”. We delve into the book’s core ideas, review the book’s synopsis and basic story, and ask: Do the rich really not work for money? We discuss the difference between assets, liabilities, and income, learn about the book’s target audience, and compare the local environment in Saudi Arabia to the environment in the United States. We explore the definition of wealth and poverty, and listen to personal stories from the guest’s experience. We talk about the importance of advisors in professional and personal life, and ask: Should everyone be a trader? We discuss the importance of skills in the job market, when an employee should start their own business, and when they should resign, according to the guest’s experience. We review the skills needed for trade, what income-generating assets are, and how to invest in real estate. We ask: Does owning a home provide financial security? We learn about the concept of financial freedom and compound interest, the secrets of investing in real estate, and the importance of building cash flows. We ask: Should we deprive ourselves in order to invest? What is the lifestyle in retirement without investment? We provide advice for people at the beginning of their career path to invest, and discuss real estate investment inside and outside Saudi Arabia. We also review other books by the same author and the most important additions to them, and talk about the game Monopoly and its relationship to the author, and why the guest recommends it. We discuss other financial games, financing, real estate investment, stocks versus real estate investment, and ask: Can real estate collapse? This episode is intended for people interested in developing their financial and investment knowledge, whether they are beginners or professionals. Enriching viewing and listening..!! This episode is sponsored by: Dinar Dinar Fixed income, periodic distributions. https://t.co/TO7PJCGSAM Website Website https://www.dinar.sa/ Twitter X https://x.com/getdinar LinkedIn linkedin / dinar-investments- Circles Circlys An association that puts your mind at ease and saves your money! https://circlys.app.link/Mukhtalif Twitter X https://x.com/circlys?t=1vaAm-7qrYlJH... Tiktok Tiktok https://www.tiktok.com/@circlys?_t=8p... Instagram Instagram https://www.instagram.com/circlys?igs... Snapchat Snapchat / uleqgda2 Facebook Facebook / circlys Register now for your free English guide routine https://dalilk.link/lff For advertisements and sponsorships: [email protected] Mukhtalif website: https://mukhtalif.net/ Mukhtalif on platform x: / mukhtalifcareer Mukhtalif on Instagram: / mukhtalifcareer Mukhtalif on TikTok: / mukhtalifcareer Mukhtalif on LinkedIn / posts For communication and guest suggestions: https://forms.gle/t2TYwuFxC4Hb162C7 Moderators Entrepreneur Mohamed Almarshidi / m_almarshidi Counselor Emad Munshi / emadmunshi Episode topics and introduction (00:00) Guest introduction and experiences in real estate investment (00:10) Local vs. foreign real estate: advantages and challenges (10:00) Real estate investment as a safe option for the future (20:30) Comparing real estate and stock investment: returns and risks (30:45) Economic changes and their impact On investment decisions (42:20) Tips for new investors: How to start your real estate investment? (55:00) Income planning and wealth management (1:05:15) Personal development in the investment field (1:15:30) Financial culture and its importance in making smart decisions (1:25:00) Challenges in saving and how to achieve financial security (1:35:10) Diversifying investments and the importance of risk distribution (1:45:30) Real estate planning in light of global economic changes (1:55:50) The importance of real estate in building wealth and financial independence (2:05:40) Summary of the episode and practical tips for listeners (2:20:00)