Review of 'Rich Dad Poor Dad' by Robert Kiyosaki -
Plus how you can earn money with the Rich Dad Poor Dad affiliate program
'Rich Dad Poor Dad'by Robert Kiyosaki book review
I don't often review books. Many are just rehashing old information.But this one had me excited for the first time in ages.
Infact I went straight out and bought the other 2 in the series before even finishing this one!
Is your home an asset? I mean that building you have a mortgage on --- is it an asset or liability? Say an asset and you'd be wrong, at least according to rich dad.
Who do you pay first? Everyone else or yourself? Probably like most other people you pay everyone else first. Stop, start paying your self first.
If all this seems confusing, it won't be if you read this book. The author, Robert Kiyosaki with the help of his 'rich dad', really bring home the truths about what money means and how to use it to create real wealth.That's 'Real Wealth', not the supposed value in your mortgaged house, or the value of your pension which you hope will be enough in xx years.
For me, the best insight was about the use of money to create wealth... Do you 'invest' in buying a car...or do you invest in something that earns you interest which buys you the car? Think about that one... You can either buy a car and the moneys gone. Over time the value of your car goes down and down. Or, you can invest your money and use the earnings from that investment to buy you the car. So now you have a car, and the money!
Yes, this requires a bit of sacrifice ... it means you might have to wait for your new car. But I know which one of those two options I'd choose.
This book isn't some 'get quick rich' hit. Far from it, it's about the serious art of creating sustainable wealth for yourself. If you want results from it, it'll require action and sacrifice from you. But hey, doesn't everything of value?
best of life,
Vic Carrara
Only for Profit.com
Rich Dad Poor Dad by Robert T. Kiyosaki with Sharon L. Lechter.
Published by Warner Books ISBN: 0-446-67745-0
You may know about the phenomenal success of Robert Kiyosaki and the Rich Dad message-- the best-selling books Rich Dad Poor Dad, the Rich Dad Advisor Series, and the newest book, Retire Young Retire Rich.Additionally Rich Dad offers Audio Sets and the educational games Cashflow 101 & 202 and Cashflow for Kids.
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