Rich dad and Poor Dad - Robert Kiyosaki
Rich Dad Poor Dad:
What the rich teach their
kids about money that the poor and middle class do not!
By Robert Kiyosaki
This book has been a
top seller for the last 20 years and this version sees the book offering an
update to all matters relating to money, investments and global economy.
Sidebars in the entire
book take you through from 1997 to today. The author assesses the values and
principles taught by his father and how they have withstood the test of time.
The things taught by
rich dad and poor dad were criticized 20 years ago but today they stand more relevant.
But there are a lot of things that the author still adds and surprises you.
A few takes:-
-
It is a myth that you
need to earn much more to become rich
-
The It challenges
the fact that a house is an asset
-
Parents should know that schools do not
teach children about money.
-
Defines clearly what are assets and liabilities.
-
Teaches you what you
need to teach your kids about money if you want them to be financially successful
in future.
The author teaches you
financial literacy and to be financially independent how you should invest in
assets, real estate, start your own business, increase your financial knowledge
and increase your business and financial aptitude. The entire book is written
in parables and is based on the author’s life.
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