Piyush Jain on LinkedIn: **Rich Dad Poor Dad** **Chapter 5 summary: The Rich Invent Money** In… (2024)

Piyush Jain

Computer Science Undergraduate at Savitribai Phule University

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**Rich Dad Poor Dad****Chapter 5 summary: The Rich Invent Money**In this chapter, Robert Kiyosaki expands on the idea that the rich have a different mindset when it comes to money. He introduces the concept that the wealthy don't wait for money to come to them; instead, they are proactive in creating opportunities to make money.Kiyosaki emphasizes the importance of financial education and thinking creatively about generating income. He uses the example of his "rich dad" creating opportunities to teach Kiyosaki and his friend Mike about making money. His "rich dad" encourages them to find ways to generate income without relying solely on traditional employment.The chapter also introduces the concept of the "Infinite Return," which is the idea of investing time and money into ventures that produce ongoing income without continued personal effort. Kiyosaki emphasizes the importance of building or investing in income-generating assets that provide financial freedom.In Chapter 5, Kiyosaki underscores the value of financial education, creative thinking, and actively seeking ways to generate income. The concept of the "Infinite Return" emphasizes the importance of building and investing in assets that provide ongoing income, ultimately leading to financial independence.**Important Quotes**1. "If you want to be rich, you need to be financially literate."2. "It's not much different from learning to ride a bike. If you're worried about falling, you'll never learn."3. "Savers are losers, and winners are investors."

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Gautier GOUDOTE

Agro-économiste/ MEAL Manager/Gestionnaire de Projet

5mo

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very interesting book

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  • Piyush Jain

    Computer Science Undergraduate at Savitribai Phule University

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    🚀 **Project Update: Snake and Ladder Game** 🎲🐍I'm excited to share my latest project – a basic Snake and Ladder game developed in Python using Tkinter, Turtle, and Pygame🎉 When I first thought about this project, various methods and logic started popping into my head, making me curious about what would work. To satisfy this curiosity, I decided to create this game. Initially, it was just going to be a simple two-player game with a roll button. But as I progressed, my mind kept coming up with new ideas:- Wouldn't it be nice if it had a main menu? 🎛️- How about adding sound? 🎵- It would be cool if a user could play against the computer! 🤖As for the choices regarding sound, images, and colors, I went with my instincts since I'm not the best at design. This project, with roughly 376 lines of code, is the largest I've completed on my own. While I did use resources, documentation, and ChatGPT for some parts, the majority of the code is my own. It turned out almost exactly how I imagined, though there's still plenty of room for improvement and scalability.Check out the code here: https://lnkd.in/dyUDkMVj#Python #GameDevelopment #Coding #Projects #LearningJourney #SoftwareDevelopment

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  • Piyush Jain

    Computer Science Undergraduate at Savitribai Phule University

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    Hello everyone! 🚀 Just had an amazing time at a computer assembly workshop(4th april 24)! I dove into the world of CPU hardware and got my hands dirty with excitement.While I primarily delve into programming, but my inner PC gaming nerd couldn't resist the chance to learn the ropes of building my dream gaming rig😎. I have always been curious about PC building, so much so that I ended up watching a full PC building guide YouTube video by TechSource. And let me tell you, the workshop was an absolute blast.Of course, the last thing anyone wants is to damage their Intel Core i9-14900K or AMD Ryzen 9 7950X due to static electricity or undue force 🙅♂️. That would be a nightmare scenario. So, when the chance arose to gain hands-on experience, I eagerly seized it. While I wouldn't claim mastery, it feels nice to have gained knowledge about different stuff, and, of course, a plethora of valuable experiences.A big thank you to the workshop organizers for orchestrating such a fun and educational event 🤞.The next day(5th april 24) participated in a coding competition. Well, the problem statement was easy, but what made it challenging was: 1) there is only one problem statement. 2) Who solves the problem first is prioritized which meant an unknown time limit.3) You are not allowed to run the code, which means you will have to get it right in your one and only attempt. 4) The problem statement is different for every competitor. Unfortunately, I falied to clench the win, but that's what a competition is all about .It was an invaluable learning experience nonetheless. I gained insights into managing time effectively, strategizing under pressure, and honing my problem-solving skills. Looking forward to applying these lessons in future competitions!#ComputerAssembly #PCGaming #TechEnthusiast #DIYPCBuild #TechWorkshop #GamingRig #TechSkills #LearningJourney #TechSource #IntelCore #AMDRyzen #HandsOnExperience

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  • Piyush Jain

    Computer Science Undergraduate at Savitribai Phule University

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    Thanks a lot, MLSC GESCOE! I'm excited and honored to clinch first place in the DevWrites Blog competition. Actually, it was my first blog. I never had any plans about writing a blog. But DevWrites encouraged me to do so, and that really helped me unlock some really great experience and knowledge. Looking forward to more such competitions in the future.Blog link: https://lnkd.in/dYtqJ8CWmake sure to live a comment😉#blog #MLSCGESCOE #DevWrites #wordpress #programming

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  • Piyush Jain

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    Recently participated in a coding competition! While I didn't clinch the win, the experience was invaluable. Grateful for the opportunity to connect with some truly amazing individuals. #codingcompetition #DSA #programming

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  • Piyush Jain

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    Just a quick update on some (as there are many) of the basic projects I have made in my Python course so far. Unfortunately Linkedin doesn't allow more then one video and only 9 images per post. Projects:-1) Snake game using Turtle graphics module2) US state guessing game using Turtle and Pandas module3) Pomodoro timer using Tkinter module4) Flipper game to learn French using Tkinter and Pandas5) Password Manager using TkinterAPI projects:6) International Space Station overhead using Open Notify API and Sunrise and Sunset API: This Python script checks if the International Space Station (ISS) is currently overhead your location and if it's nighttime. If both conditions are met, it sends an email alert (using the Python library for sending emails).7) Stock Price Tracker using Alpha Vantage API and NewsAPI: It monitors the stock prices of specified companies, checks for significant percentage changes between the previous two days, and sends an SMS (using Twilio) alert with relevant news headlines if the change exceeds a certain threshold.8) Habit Tracker using Pixela API: A service that allows users to create and track graphs to visualize and manage habits or activities.Web Scraping:9) Musical Time Machine using Beautiful Soup: Fetches the Billboard Hot 100 songs from a specified date, extracts the song names, and then uses the Spotify API (Spotipy library) to obtain information about a specific artist and user.10) Automate Cookie Clicker Game using Selenium WebDriver: Interact with a cookie-clicker game web page. The script automates the clicking of a cookie button and the purchasing of certain items based on certain conditions.11) Currently working on Flask web framework.I have completed beginner, intermediate, intermediate+ stages. Now, it's the final stage, advanced Python.#python #tkinter #pandas #turtle #programming #100daysofcode #API#webscraping

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  • Piyush Jain

    Computer Science Undergraduate at Savitribai Phule University

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    Thrilled to have recently immersed myself in the enriching atmosphere of IITB's E-Summit 24, Asia's largest business conclave.From seasoned veterans excelling in their respective domains to inspiring 17-year-olds securing 24 lakhs for their startup, the event showcased the incredible spectrum of talent and innovation in the entrepreneurial sphere. Witnessing the hustle of these individuals, working day and night to bring their visions to life, was truly eye-opening.A highlight of my visit was the opportunity to engage with Arjun Vaidya, who shared invaluable perspectives in his session on 'In the Shoes of an Investor.' As someone currently undertaking a fundamental analysis course, connecting with industry leaders like Mr. Arjun Vaidya added an extra layer of significance to my learning journey.Looking forward to implementing these learnings and experinces in my endeavors #ESummit24 #BusinessConclave #Entrepreneurship #ContinuousLearning #KeepGrinding #investing #iitbombay #hustle

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  • Piyush Jain

    Computer Science Undergraduate at Savitribai Phule University

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    🎩 Day 14 of the#100DaysOfCodeChallenge by Angela Yu.Day 14 project : High Low GameHigh Low Game: It's about guessing which profile or entity has the higher number of followers. It's a captivating blend of data analysis and prediction, and it taps into the ever-evolving landscape of social media influence. 🌟👥Codefiles:https://lnkd.in/gvmGNayM#100DaysOfCode#HighLowGame#PythonProgramming#LearningToCode#CodeNewbie

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  • Piyush Jain

    Computer Science Undergraduate at Savitribai Phule University

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  • Piyush Jain

    Computer Science Undergraduate at Savitribai Phule University

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    🎩 Day 11 of the#100DaysOfCodeChallenge by Angela Yu.Day 11 project : The Blackjack Card GameBlackjack Card Game Program: It involves creating a digital version of the classic casino card game. Participants learn to simulate a deck of cards, deal hands to players and the dealer, calculate card values, and implement the rules of Blackjack. 1)Objective: The objective of Blackjack is to beat the dealer by having a hand value that's closer to 21 than the dealer's hand, without exceeding 21.2)Card Values: Number cards (2-10) are worth their face value. Face cards (King, Queen, Jack) are worth 10 points each, and Aces can be worth 1 or 11 points, depending on which value benefits the hand more.3)Dealing Hands: Players and the dealer are dealt two cards each. Players' cards are usually face-up, while the dealer has one face-up card (the "upcard") and one face-down card (the "hole card").4)Player's Turn: Players can choose to "hit" (take another card) or "stand" (keep their current hand). The goal is to reach a hand value as close to 21 as possible without going over.5)Dealer's Turn: After all players have completed their turns, the dealer reveals their hole card. The dealer must hit until their hand reaches a value of at least 17, at which point they must stand.6)Winning: If a player's hand exceeds 21, they "bust" and lose immediately. If the dealer busts, players still in the game win. If a player's hand is closer to 21 than the dealer's without busting, they win. A tie results in a "push," where the player's bet is returned.7)Blackjack: Achieving a hand value of 21 with the first two cards (an Ace and a 10-point card) is called "Blackjack" and typically pays out at a higher rate.8)Splitting and Doubling: Players can also "split" pairs of cards into two separate hands and double their bets under certain conditions.Code files: https://lnkd.in/gc9-KHNb#100DaysOfCode#SecretAuction#PythonProgramming#LearningToCode#CodeNewbie

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Piyush Jain on LinkedIn: **Rich Dad Poor Dad**
**Chapter 5 summary: The Rich Invent Money**

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