Rich Dad Poor Dad by Robert T. Kiyosaki
Rich Dad Poor Dad by Robert T. Kiyosaki
If the Intelligent Investor is making your mind numb and you need a break, you should pick up Rich Dad Poor Dad.
This book, which is also part of a series, is a love or hate book. It is a New York Times Bestseller, and yet some people can’t bash it enough.
I think it is a beneficial book to read. I can’t say yet that I can recommend his whole series because I have read the others. I’m not sure if I will because I don’t know how much more can be said about the topic.
This book emphasizes the importance of being financially literate. I agree, financial literacy is very important and will get you ahead of everyone if you use it right.
He discusses the differences between his poor dad, who is his real dad, and his rich dad, who is his friend’s dad. While his poor dad, who is a college professor, struggles to pay the bills, his rich dad is, well, rich, and never finished high school.
It may sound backwards, but he makes a lot of good points and gives a lot of valuable information. He presents the information in six lessons. These lessons discuss how the rich don’t work for money, teaching financial literacy, starting a business, taxes, the rich invent money, and work to learn don’t work for money.
He gives a good explanation about financial statements and demonstrates his points very well. It is a well written book and a quick read as long as you are enjoying it. I would recommend this book to help get you on the right mindset about money and set you up for a good future in money management and earning money.
