Money Mindset: Rich Dad Poor Dad to The Psychology of Money

Breni's Money Mindset path teaches the lessons of four popular money books and asks learners to apply each one. There are 4 courses, one per book: Rich Dad Poor Dad, The Richest Man in Babylon, The Psychology of Money and I Will Teach You to Be Rich. Learners sort what they own into assets and liabilities, set a savings rule, and plan automatic transfers. Each course also notes where critics disagree with the book. The path is education, not financial advice.

  • 4 courses
  • 46 learning objectives
  • Level: beginner
  • Language: English
  • Price: Subscription, free trial

What you will be able to do

  • Sort what you own into assets and liabilities by cash flow
  • Set a pay-yourself-first savings rule and protect it
  • Explain how compounding and time grow savings
  • Define what "enough" means for your own spending
  • Plan automatic transfers for saving, investing and bills

Full curriculum

Part 1 · Mindset

1. Rich Dad Poor Dad by Robert Kiyosaki: Tell Assets From Liabilities

Sort what you own into assets and liabilities and think in cash flow. Units, in order: The two dads and their different money lessons; Assets put money in your pocket, liabilities take it out; Why your home may not be an asset; Cash flow and passive income; Financial literacy as the skill school skips; What critics say about the book.

  • — The Two Dads
    Learn about the two father figures and their contrasting lessons.
    • The Rich Dad
    • The Poor Dad
  • — Assets vs Liabilities
    Discover how assets put money in and liabilities take it out.
    • Economic Resources
    • Asset Rights
  • — Your Home and Wealth
    Explore why a personal home may not be a true asset.
    • Tangible Assets
    • Financial Advice
  • — Cash Flow Basics
    Learn how passive income works with little active labor.
    • Passive Income
    • Rental Income
  • — Financial Literacy
    See why financial education matters when school skips it.
    • Financial Intelligence
    • Educational Efforts
  • — Book Critics
    Understand what critics say about the book and its advice.
    • Positive Reviews
    • Critical Perspectives

2. The Richest Man in Babylon by George S. Clason: Pay Yourself First

Keep a fixed part of everything you earn and make it grow. Units, in order: A part of all you earn is yours to keep; The seven cures for a lean purse; The five laws of gold; Guarding savings from risky schemes; Paying yourself first with automatic transfers.

  • — Keep Earnings
    Save ten percent of your earnings and control costs.
    • Save ten percent
    • Living within means
  • — Apply Seven Cures
    Grow wealth, own a home, and secure future income.
    • Make gold multiply
    • Own your home
    • Ensure future income
    • Increase earning ability
  • — Follow Laws of Gold
    Follow the foundational rules to protect and invest gold.
    • First law of gold
    • Second law of gold
    • Third law of gold
  • — Guard Savings from Risk
    Avoid bad schemes and protect your wealth from loss.
    • Guard from loss
    • Fourth law of gold
    • Fifth law of gold
  • — Pay Yourself First
    Use automation and budgets to pay yourself first.
    • Pay yourself first rule
    • Set up automatic deposits
    • Automate your investments
    • Pay yourself first budget

Part 2 · Behaviour and systems

3. The Psychology of Money by Morgan Housel: Behave Well With Money

Explain why money behaviour matters more than money knowledge. Units, in order: Your money views come from your own experience; Luck and risk in every outcome; Knowing when you have enough; Compounding needs time more than skill; Why pessimism sounds smarter than optimism; Leaving room for error.

  • — Your Money History
    Your views come from your own life experiences.
    • Personal experience shapes views
  • — Luck And Risk
    Luck and risk drive every financial outcome.
    • Luck and risk
  • — Knowing When Enough
    Real wealth is hidden and not loud things.
    • Rich man car paradox
    • Wealth is invisible
  • — Time Beats Skill
    Compounding needs time more than high skills.
    • Power of compounding
    • Behavior beats skill
  • — Pessimism Sounds Smart
    People love bad news more than good news.
    • Seduction of pessimism
  • — Room For Error
    Always leave room for error in plans.
    • Margin of safety

4. I Will Teach You to Be Rich by Ramit Sethi: Automate Your Money

Build a spending plan that runs on automatic transfers. Units, in order: Your rich life: spend extravagantly on what you love; Cut costs mercilessly on what you do not care about; Automating saving, investing and bills; Credit cards and credit scores; Low-cost index funds for the long term.

  • — Defining Your Rich Life
    Learn how to spend extravagantly on things you love.
    • Rich Life Vision
    • Money Dials
  • — Cutting Costs Mercilessly
    Cut costs on things you do not care about.
    • Frugality Lens
    • Cut Costs
  • — Automating Your Finances
    Set up automatic transfers for saving and investing.
    • Automatic Transfers
    • System Setup
  • — Credit Scores
    Understand credit scores and how lenders view your risk.
    • Credit Score Basics
    • Building Credit
  • — Low-Cost Index Funds
    Invest in low-cost index funds for long term growth.
    • Index Fund Basics
    • Low Fees

Sample: Rich Dad Poor Dad by Robert Kiyosaki: Tell Assets From Liabilities

The opening tier, (The Two Dads). Learn about the two father figures and their contrasting lessons.

The Rich Dad

Understand the entrepreneur mentor who taught wealth accumulation.

The Poor Dad

Examine the hard-working father who lacked financial security.

Questions about Money Mindset: Rich Dad Poor Dad to The Psychology of Money

What is the main lesson of Rich Dad Poor Dad?

Kiyosaki's core idea is that assets put money in your pocket and liabilities take it out. The Breni course teaches that idea and the criticism it has drawn.

Is this course financial advice?

No, it is not financial advice. The path explains the ideas in these books so you can make your own informed choices.

Do I need to read the books first?

No. Each course explains the book's main ideas in plain language and links to the sources it was built from.

Is Breni affiliated with the authors?

No. Breni is not affiliated with the authors or publishers of these books.

Do I get a certificate?

Yes, finishing all 4 courses earns a Breni certificate of completion.

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