Updated: Feb 13
Rich Dad Poor Dad is an eye opener for the middle class. It reveals the secrets of the rich and highlights the facts of why middle-class people are the biggest losers in the money game.
People living in a middle-class family work day and night just to pay the bills on time. On the other hand, Rich don't work for money. They let money work for you. It is all about the mindset, financial intelligence, and financial literacy.
Since childhood, we have always heard from our parents that our house is an asset. But, the fact is that it is a liability, not an asset.
The book focuses on the history of taxes and how rich use this opportunity to make more money. It also includes real-life examples which will make you more educated about the money.
Rich Dad Poor Dad talks about why we should work to learn and don't work for money. It will also help you in building a good financial plan for your future.
It also talks about the power of investing and how a short 10 minutes walk around your neighborhood can make you millions.
AUTHOR: Robert T. Kiyosaki
PUBLISHER: Plata Publishing
ABOUT THE BOOK:
April 2017 marks 20 years since Robert Kiyosaki's Rich Dad Poor Dad first made waves in the Personal Finance arena. It has since become the 1 Personal Finance book of all time translated into dozens of languages and sold around the world. Rich Dad Poor Dad is Roberts story of growing up with two dads his real father and the father of his best friend his rich dad and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you. In the 20th Anniversary Edition of this classic Robert offers an update on what we've seen over the past 20 years related to money investing and the global economy. Sidebars throughout the book will take readers fast forward from 1997 to today as Robert assesses how the principles taught by his rich dad have stood the test of time. In many ways the messages of Rich Dad Poor Dad that were criticized and challenged two decades ago are more meaningful relevant and important today than they were 20 years ago. As always readers can expect that Robert will be candid insightful and continue to rock more than a few boats in his retrospective. Will there be a few surprises count on it. Rich Dad Poor Dad Explodes the myth that you need to earn a high income to become rich. Challenges the belief that your house is an asset. Shows parents why they cant rely on the school system to teach their kids about money. Defines once and for all an asset and a liability. Teaches you what to teach your kids about money for their future financial success.
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