Rich Dad, Poor Dad: : What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert Kiyosaki is one of the first books I have read regarding personal finance. This was way back in 2003.
The book is based mostly on what the author learned from his 'rich dad', (who was really a friend's dad) about money and personal finance.
The book is based mostly on what the author learned from his 'rich dad', (who was really a friend's dad) about money and personal finance.
What Kiyosaki shares about money and wealth will run counter to what most of us were taught and from what other money/wealth experts propose.
Some ideas that have struck me:
- Education may have been the reason why some people are poor
- Some things we believe are assets, are not
- Income does not necessarily determine wealth
- Credit is not necessarily bad
- Working hard vs. working smart
I have bought one more books by him, Rich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom and participated in Cash Flow 101 games.
Highly recommended for those involved in direct selling and real estate, recommended for those wanting a fresh perspective on money, wealth and personal finance.
About the author:
Robert Kiyosaki, author of Rich Dad Poor Dad - the international runaway bestseller that has held a top spot on the New York Times bestsellers list for over six years - is an investor, entrepreneur and educator whose perspectives on money and investing fly in the face of conventional wisdom. He has, virtually single-handedly, challenged and changed the way tens of millions, around the world, think about money.In communicating his point of view on why 'old' advice - get a good job, save money, get out of debt, invest for the long term, and diversify - is 'bad' (both obsolete and flawed) advice, Robert has earned a reputation for straight talk, irreverence and courage. via amazon
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