👉 Book - retire young retire rich ||| chapter 7 👉👉 Robert Kiyosaki says there are 3 types of income:

1) Earned Income = Income from a job.

2) Portfolio Income = Income from paper assets or capital gains.

3) Passive Income = Income comes in on a regular basis.

1) Earned Income taxed at about 50%

2) Portfolio Income taxed at about 20%