You desire financial freedom but don't know how to start? It's dispiriting when you're trying your best to make things right yet still can't get ahead! I understand because I'm the same!
How about bumping up your financial literacy? I'd recommend Rich Dad Poor Dad by Robert Kiyosaki. It's a good place to start learning about money management.
Okay, I understand you don't easily trust someone from the internet. Here is a little background about me.
A Little Bit About Me
I grew up dirt poor in a developing country. I dreamt of becoming rich one day because all I see around me is a sea of lack.In my young mind, I can only think of working hard to get there. My father died even before I could enter elementary school. Life is hard back then.
Now that I'm an adult, I'm making way more than my mom. But due to my poor financial background, I suck at money management.
I too desire financial independence. However, I'm spending my hard-earned money faster than I earned it. I obviously needed help but I wasn't even aware of it. Not until... I pick up Rich Dad Poor Dad by Robert Kiyosaki.
This is where I learned the difference between the rich and the poor. Wonder what it is? Read on.
The Story of Two Different Ideologies
Robert Kiyosaki introduces readers to two different ideologies. As you may have guessed, one came from poor dad while the other from rich dad.Poor dad believed in earning a diploma, get a high paying job, and job security.
While Rich Dad stresses the importance of gaining financial education and minding your own business -- that is, instead of working for money, let money work for you.
Rich dad also advised, to seek work for what you’ll learn not for what you’ll earn.
Can you see the difference between these two ideologies? I'm blown away! Because of the book, I've come to realize that the difference is what they believe -- their mindsets!
5 Nuggets from the Book
Here are 5 of my favorite gleanings from the book.- The poor and the middle-class work for money. The rich have money work for them.
- One of the reasons the rich get richer, the poor get poorer, and the middle-class struggles in debt are that the subject of money is taught at home, not in school.
- People think that more money will solve the problem and don’t realize that it’s their lack of financial education that is the problem.
- There is gold everywhere. Unfortunately, most people are not trained to see it.
- One of the hardest things about wealth-building is to be true to yourself and to be willing to not go along with the crowd.
Rich Dad Poor Dad Book Review
Rich Dad Poor Dad is packed with lessons that are easy to follow. I like how the author simplified the complex concepts of money, investing, finance, and economics.Though this book, I've also learned the difference between assets and liabilities. Assets add to your wealth. Anything that subtracts is a liability!
"The rich buy assets. The poor only have expenses. The middle class buys liabilities they think are assets."
~ Robert Kiyosaki
Oh, that news! Why isn't this taught at school?
Every chapter in the book gave me an 'aha' moment. I enjoyed my time reading it. Plus I got myself financially educated. How cool is that? Thank you, Mr. Kiyosaki, for writing Rich Dad and Poor Dad.
RATING: 5/5
In Conclusion
Overall, Rich Dad Poor Dad by Robert Kiyosaki is a fantastic read. It's a classic! I'm highly recommending it to everyone!After reading this, I've come to realize the importance of financial education to one's prosperity. Oh yes, I'd also encourage teenagers and young adults to read this to give them a good headstart in life.
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Then grab your copy of Rich Dad Poor Dad: What the Rich Teach Their Kids About Money — That the Poor and Middle Class Do Not! by Robert Kiyosaki here. CLICK the image link below!
You have an awesome day then! See you in my next book review. ;)