Rich Dad Poor Dad by Robert T. Kiyosaki  » Books  »
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  • This is a great book that I highly recommend to everyone who wants to get financial freedom
  • There are interesting lessons discussed in the book that will open your mind

    • by RYS

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      This book has changed my mind set about money. The book tells a story of two dads. The first was an educated professor, while the other was a dropout. In their lives, these two dads had different opinions about money. The educated one tended to say that he can’t afford something, while the other always asked how to afford those things. At the end of their lives, the first one left nothing for his family, while the second one became a rich man in Hawaii.

      The book teaches me that there are many opportunities in this world. Most people focus only on finding good jobs and working for big corporations. In reality, this is

      only one way to make money. You can start your own business and build an empire of your own. Some people also think that money is the source of evils. If you think this way, you will never be rich and wealthy. The reality is lack of money creates evils and crimes, not the opposite.

      There are six lessons from the book. The first is that you don’t work for money, but you work to learn something new. It’s an opportunity to learn new things that can be valuable for your life. The second lesson is that you have to learn about financial literacy. You need to learn about an asset and a liability.

      • Once you understand them, you should concentrate on developing assets that earn income. At the same time, you should decrease liabilities and expenses.

        Lesson number three is to mind your own business. It is ok to keep working on day job, but you should also mind your own business. Keep building your assets that will create wealth. Lesson four discusses about taxes and corporations. Taxes have cut your income considerably when you work for corporation. However, if you own a corporation, the story can be completely different because you pay taxes after spending and not the other way around.

        Lesson number five states that rich people invent money. You have to identify opportunity and grasp

        it when the right time arrives. The sixth and the last lesson is again talking about work to learn and don’t work for money. It is important to keep learning new things so you also keep improving your capabilities. With improved capabilities, new ways to create wealth will present themselves.

        This is a great book that I highly recommend to everyone who wants to get financial freedom. There are interesting lessons discussed in the book that will open your mind. Those lessons are actually simple and logical, but I never realize about them before I read this book. After finished reading, I started seeing my life differently and I keep raising my bar to become wealthy.

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    The review was published as it's written by reviewer in January, 2009. The reviewer certified that no compensation was received from the reviewed item producer, trademark owner or any other institution, related with the item reviewed. The site is not responsible for the mistakes made. 172801580761231/k2311a0128/1.28.09
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