Earlier on, I had written an article about books being an indispensable part of our lives. And sure, they are. To succeed in this life in this century, you better be a good reader. Have the general knowledge and also go a mile further to read a book. Maybe a novel, an inspirational book or even a newspaper and magazine. You get smarter the more you read. And that’s why I thought it better to do a book review on my blog besides writing on entrepreneurship and small business. And for today, I will review this book, Rich dad poor dad by Robert Kiyosaki and Sharon Lechter.
This book tells the story of Robert Kiyosaki and his two dads; his real father (poor dad) and the father of his best friend (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. The book gives us a view on how the rich and the poor teach their children about money. How the rich make money work for them and how the others work for money.
I first saw this book when my friend was reading it and I didn’t think it was good enough because why would I read a personal finance book when I can find a good Danielle steel or a Sidney Sheldon? But one day, I found myself reading it and fell in love with it. I found it to be one of the most inspirational, mind awakening and motivational book I have ever read and I plan on re reading it again.
This book is a valuable read for anyone interested in escaping from the endless, self-defeating, or pointless pursuit. The author tries to encourage readers to seek financial intelligence. He points out that the education system is lacking when it comes to teaching students how to manage money and illustrates the benefits of taking the time to learn about basic accounting terms.
The author goes on to discuss the mindset and mentality of the rich and what sets them apart from the ‘poor and middle class’. He also explains that the best money-making tool we have is our mind and suggests that we need to train our brain to spot opportunities that would normally pass us by. He clearly shows why the rat race exists and encourages the reader to make changes which will break the ‘work-earn-pay’ cycle.
It is very easy to read and you don’t need to be a financial wizard to understand the theories. It’s a book that I will recommend for any man with vision to have a look at.