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Who would know that during the daily
slog at work I would have the course of my life changed.
My workmate said, I must read Robert
Kiyosaki's book Rich Dad, Poor Dad and that it would
change my life. I hadn't heard of
Robert Kiyosaki before nor of the book. She further told me
that because of the book she had
started her own small businesses with the view of one day
being financially free.
She was right. I read the book and it
changed my total mindset. Although it will not make you rich
overnight the themes of the book have
the power to set you on the road to financial freedom.
Rich Dad, Poor Dad is an advice book
by Robert Kiyosaki about financial lessons learnt from his
own life experiences and two examples
of successful men - one his real Dad - a successful educator
who whilst having succeeded in
his field was forever financially enslaved and another - a friends
Dad who although he start poor ended
up very rich indeed. By contrasting these two men very
clear lessons are learnt.
Firstly very few people get rich by
working for others. The rich get so by understanding money
and the importance of leverage time
and effort of others, and leveraging money to make it to work
for them. One classic sentence which
says in my mind and which if you learn nothing else is alone
worth the cost of the book, or the
time to visit your public library is "an asset is something that puts
money in your pocket - a liability is
something that takes money out of your pocket. Hence a
house is not an asset because
it generates you no money, only maintenance expenses, likewise
with cars and many other things
people call assets. He demonstrates real assets earn income like
savings, shares, rental property and
businesses.
Many people criticize Robert for not
spelling out a path for everyone to follow - i.e. buy this, sell that.
Robert though acts as an educator -
giving his readers the tools to achieve their own financial freedom
through any means they wish. He
recommends real estate investment or starting a business as the best
means of achieving wealth. Whilst he
acknowledges the risks involved he illustrates the greatest risk is to
do nothing and be enslaved to a wage
for your entire life.
In rating this book I give it a 10
out of 10 and if Robert reads this - my many thanks. I went on to read
the whole series and you might be
tempted to do the same.
Need to start your own online
business - visit
http://getfinancialfreedom4u.ws
for great opportunities
and advice. Need to increase
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