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Rich Dad Poor Dad

by Robert T. Kiyosaki

Description:  

  • Rich Dad Poor Dad is Robert's story of growing up with two dads — his real father and the father of his best friend, his rich dad — and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.


My opinion: 

  • If you've never read a book on personal financing, this should definitely be the first one.

  • The book doesn't teach you, but shows you the fundamentals why rich are getting richer and the means of investing and making money work for you.

  • Downside of this book is that the author only "shows" you the fundamentals, but doesn't explain how the asset value applies to todays day and age.


Favorite quote:


        " Money comes and goes, but if you have the education about how money works, you gain power over it and can begin building wealth."


– Robert T. Kiyosaki



Key takeaways: 

  • Control where your money goes by controlling your behaviour.

My Rating:

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30
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