The author also touches on why economic stability is essential, not just for you but also for your future generations. Rich Dad, Poor Dad, is a perfect choice if you are looking for an easy to understand book on finances. The book will not only change the way you look at money but also equip you with a few life skills. Kiyosaki includes his life story as well as stories about other people who used some of his teachings to change their lives.
Even if you never had an opportunity to go to school, you could make good use of the money that passes through your hands. While this book is about serious money issues, the anecdotes make it interesting. It is also quite short, and you can choose to read it all in one sitting or enjoy it in bits. In this story, the author reveals strategies for wealth creation and financial stability that goes beyond job security.
The author concentrates on four ways of generating wealth that include employment, self-employment, business, and investments. For anyone in any form of employment, the goal should be to own a business or become an investor.
These two quadrants work for those looking to create great wealth to pass down to the next generation. This is not to say that people should look down on employment, far from it. As long as someone works intending to save enough to start a business and later invest, they are moving in the right financial direction. Besides teaching you how you can work towards a more financially secure future, this book reveals how you can work less.
It is also possible to pay fewer taxes and earn more while becoming more financially secure than your peers. While some of the teachings may seem obvious to some, many think that the career path is the only way towards a promising future. It is okay to climb up the corporate ladder, but there are many more options available for those who choose to plan beyond retirement. This book will open your eyes to more exciting roads you can take towards success if you are already in employment.
Kiyosaki makes an interesting point about the education system. In a nutshell, this book teaches us to make difference between working for money and having your money work for you. I think he has been successful too to convey this thought that is the reason people accepted his book with open arms and has held a top spot on the New York Times bestsellers list for over 6 years. Among the 14 books of the Rich Dad Poor Dad series, this is the second book and plays a role of a guide to become financially free.
It also tells us how to be smart enough to manage our assets and personal finance. The book is dedicated to parents to give insights and understanding of finances to their children. Robert favors here again the learning which can take place throughout life. Robert says we should try to awaken our children for learning so that they can develop the skills and understanding for practical and financial knowledge for the rest of their life.
Published in , this book plays the role of guide to understand how we can use our past learning to create our future. Robert says that we should train our minds for grabbing the opportunity which we are getting and always be ready for the challenges of life. Search icon An illustration of a magnifying glass. User icon An illustration of a person's head and chest. Sign up Log in. Web icon An illustration of a computer application window Wayback Machine Texts icon An illustration of an open book.
Books Video icon An illustration of two cells of a film strip. It has since become the 1 Personal Finance book of all time Many of our global economic problems started in Throughout history, when a government went off the gold standard, an age of turbulence began.
In , Robert's book Rich Dad He continues to challenge conventional wisdom and asks the questions that will Investing means different things to different people… and there is a huge difference between passive investing and becoming an active, engaged investor.
In the Information Age, If you don't plan on working hard all your life If you're ready to retire or want to retire early enough to enjoy your retirement years you can learn from Robert's story of how he and Few would argue with the fact that, on many fronts, we are a world in crisis.
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