Rich Dad, Poor Dad

Learn the secrets to financial literacy in Robert Kiyosaki’s Rich Dad, Poor Dad.  This is a story of how Kiyosaki learned from his two fathers, his biological father (an educated teacher) and his best friend’s father, whom he refers to as Dad (a self-made business man).  Kiyosaki values both approaches of the two Dads, but clearly it is his best friend’s Dad who teaches him the value of having financial knowledge, allowing your money to work for you.  I do think you may have seen the author if you ever couldn’t sleep at night and turned on the tv and watched one of those infomercials. Kiyosaki notes that people born into money traditionally have their parents to teach them how to have money work for you, rather than for the government.  He believes our society has it all wrong in our education system where we teach information but not how to build and acquire wealth. The book captures the story of how he learned from his friend’s Dad when he was given a job at age 9.  The story continues as do the corresponding points to learn things such as: the rich don’t work for money; mind your own business; the history of taxes and the power of corporations (READ this chapter, eye opening and true!); the rich invent money; work to learn; don’t work for money; overcoming obstacles; getting started; and the concluding story - College Education for $7,000.  Yes, the more we work and the higher our salary, the more money we need!  So very true.  I think this is a great book for anyone who does not understand how to increase one’s wealth.  It is much easier than we think, though you need to be creative and have a sense of entrepreneurial spirit. Kiyosaki has done it through real estate, but there are many other ways to do so.  I especially agree with his point on starting a corporation and having knowledge of the tax codes!  Once you understand them you can have them work to your advantage.  This is a great, easy read, written in easy to understand language.  It was even a best-selling book!  Lots of take-aways in this one.  Add to your book list, only $0.99 through e-bay!