Rich Dad Poor Dad (1990)
π§Ά Tags:: #Books
Links:: Flipkart
2014-01-01 - 21:05
π The Book In 3 Sentences
- Teaches a lot about the basics of money that should've been taught in school, but are not.
- Emphasizes the importance of financial education, investing in assets, and the difference between working for money and making money work for you.
- Through the contrasting perspectives of 2 father figures, it challenges conventional beliefs about wealth, debt, and risk-taking.
π¨ Impressions
- Robert Kiyosaki does a great job of explaining how money works, how to make sure that collect assets that make you rich over time. The book is a highly engaging and easy-to-read introduction to personal finance, filled with simple yet powerful lessons about money management. Robert encourages readers to rethink their financial habits and adopt an entrepreneurial mindset.
π How I Discovered It
- Got it from someone for a few days, read it in like a day.
π Who Should Read It?
- Youngsters, If you're 13 or older maybe up to 20 years old.
π How The Book Changed Me
π‘ How my life/ thoughts/ behavior/ ideas have changed as a result of reading this book
- As a young 17 or something year old, I was absolutely enjoyed reading it in a day. There are many good things to learn from this book. Now it may seem like basic financial knowledge to me, but back then it was something really important for me to learn about.
π My Top 3 Quotes
An important distinction is that rich people buy luxuries last, while the poor and middle class tend to buy luxuries first.
One of the reasons the rich get richer, the poor get poorer, and the middle class struggles in debt is because the subject of money is taught at home, not in school. Most of us learn about money from our parents. So what can a poor parent tell their child about money? They simply say "Stay in school and study hard." The child may graduate with excellent grades but with a poor person's financial programming and mind-set. It was learned while the child was young.
Incomparable Leadership Skillsβ According to Kiyosaki, the money does not really go to the companies with the best products in the market. It goes to the company with the best leaders. Always try to develop your physical, mental, emotional, and spiritual capabilities in order to lead your business to its success.