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Rich Dad Poor Dad by Robert Kiyosaki - Review

Do you want money to work for you, or you want to work for money? You give effort for one time and you get the return constantly. This passive income when meets your expenditure, you attain financial freedom. How can I reach there?

Thinking about money is boring. You believe in easy going, relax lifestyle and not to be too strict about money. Why should you think much about saving if happiness is all that is needed in life and you find it happy to spend on your needs? Anyway, looking for investment instruments in news, in ads, gives you lots of confusing option and you don't have time to dig out the best deal - it’s boring. At other times, it looks too good to be true. Or will your friends have a different perception of you if you are being money minded? Well, I think this are all wrong ways to look at money. 

If you want to know what does it mean by money-wise and have a dignified life, you are at the right place.

This book gives you a new perspective. Why is money not taught like we are taught science and social science in schools? You are given a boat and an oar, and you are told to sail it in unknown waters throughout your life. You are not given any sort of training. This is what happens when you get a job, you have the money but don't know how to make best use it. Teachers don’t teach you. Parent don’t educate you. You get no learning from friends. Do you get any learning?

Think of a millionaire who get bankrupt, chances are that she becomes a millionaire again. Is there something you can learn from that?

Mind your own business. Yeah, we say that. But how do you mind your own business? Taking McDonald as an example, we know that McDonald's profession in making burger. However, the real business is setting up buildings at strategic location throughout the world. In essence McDonald's business is in real estate and they are present in all the important places. Your profession may be your the 9-to-5 job but have you wonder what is your business?

You don't need any financial background to read this book like asset, liability etc. It explains as simple as what goes out is liability, what comes in is asset. If you own a home through a loan, this book will give a perspective whether your house is an asset or a liability.

Will you tell your children that because of you I am left poor or will you tell them that because I care about you, so I work to become rich? Have you ever realized that because you say - “I don’t think of money”, you never went beyond that and never thought of money - and remain financially illiterate? Are you happy to get reminded that whatever money you have invested is working for you day and night? Note that you might be working for money right now.

Just thinking rich will not make you rich. All of these financial literacy mean nothing unless you have a system in put into practice. What is most important is that you take away an action plan. Read the book!

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