Personal-finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his “poor dad” (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his “rich dad” (that “the poor and the middle class work for money,” but “the rich have money work for them”). Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad, Poor Dad, written with consultant and CPA Sharon L. Lechter, lays out his the philosophy behind his relationship with money. Although Kiyosaki can take a frustratingly long time to make his points, his book nonetheless compellingly advocates for the type of “financial literacy” that’s never taught in schools. Based on the principle that income-generating assets always provide healthier bottom-line results than even the best of traditional jobs, it explains how those assets might be acquired so that the jobs can eventually be shed.
Personal-finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his “poor dad” (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his “rich dad” (that “the poor and the middle class work for money,” but “the rich have money work for them”). Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad, Poor Dad, written with consultant and CPA Sharon L. Lechter, lays out his the philosophy behind his relationship with money. Although Kiyosaki can take a frustratingly long time to make his points, his book nonetheless compellingly advocates for the type of “financial literacy” that’s never taught in schools. Based on the principle that income-generating assets always provide healthier bottom-line results than even the best of traditional jobs, it explains how those assets might be acquired so that the jobs can eventually be shed.
Well I’m half way finishing this book, I think its good to share with you all. Worth to read. :)
4 Comments
at 11:51 am - 15th February 2007 Permalink
I’ve read this book somewhere last year. :D A good read, but somehow I just didn’t find it really amusing coz I have this feeling as if the book is just trying to sell the board game RObert is selling. However, I’m not saying that it’s not worth to read.. there are tonnes of useful stuffs and mindsets to learn in that book! ;)
at 8:47 am - 17th February 2007 Permalink
hehe.. i already read this book. good motivation for beginner in marketing. i also have done quick review about this book.
at 3:56 pm - 18th February 2007 Permalink
I don’t think this book have anything to do with “Marketing”, Najib. But it does speak about how to manage our finance and tuning our mindset towards owning businesses, and yes of course, a little bit of investment strategies. One of the most prominent idea he tries to pass on to his readers is the ability to distinguish assets from liabilities, and how to strategically manage them… my two cents :D
at 9:48 am - 31st May 2007 Permalink
I have read this book 2 year ago, it is good, but some of the skill and strategy he mention will not apply at our country…
by the way, the game are nice, i have E-cashfloow game too, jusy play with computer
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