Book Recommendation: Rich Dad Poor Dad – Robert Kiyosaki

Rich Dad Poor Dad – Robert Kiyosaki

This book is great for anyone who wants to make a change in their financial situation (pretty much everyone, right?) Rich Dad Poor Dad is about a boy who is growing up poor with no knowledge of handling money. This boy asks his (poor) father how he can make money. His (poor) dad said that he didn’t know, but that he should ask his friend’s (rich) dad. His friend’s rich dad then taught this boy and his friend (rich dad’s son) the fundamentals about finances. The rich dad believes that you should not work for money, but to have money work for you. While this concept may be difficult to believe is possible, know that we are living in one of the most powerful times. The times of technology is changing the way businesses operate making it very easy to set up your own business, whatever it may be. Not to mention the ability to reach so much more people with less effort.

This book is highly inspirational. Rich Dad Poor Dad is basically saying that instead of trading your time for money, start building and buying assets. There is a phrase that is in this book that I love. It goes something like this: that workers will work hard enough to not be fired and owners pay just enough so that the workers won’t quit. Just take a second and think about that. Did you take a second? It’s true, right? For me, the phrase is true for every single minimum wage job that I have held (and some non-minimum wage jobs too). Instead of being stuck at a job all day with no flexibility for the majority part of your life, start building something for yourself. Put it a lot of work now so you won’t have to later. If you make an easy career or financial choice now, it will become the most difficult choice for you later. Whereas the most difficult career or financial choice you make now will be the easiest one you make later.

Anyways, back to building assets. People are so enslaved to materialistic things, that by the end of their cheque, they have not bought or gained any assets (I will be posting a book review to help on this topic). Learn how to keep and grow your money. Take (educated) chances and risks. Continue to learn a little bit about everything rather than learning a whole lot about one thing (paraphrased from book). Read books, take seminars, take courses. Learn and grow. Grow and prosper.

I would recommend this book to everyone as there is always room for improvements. Make a change and get out of this rat race!

Have you all read this book? Let me know in the comments section. Also, if you have any book recommendations, let me know.

I hope you all have a happy and safe Halloween!

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