"Rich Dad, Poor Dad" By Robert Kiyosaki Book Review: Profile Traders
The title is intriguing and draws people’s attention to the book.
The title let’s out early enough that you are up to read about some life lessons a Father would give his child.
You are about to understand the importance of money and how you need to have money work for you.
Boon or Bane
Robert grew up with a contrasting point of view, as he says in his book. He was advised by a Rich Dad and a Poor Dad, which helped him see both views, comparing them before choosing. How would you choose between these two?
Excess money is the root of all evil, or lack of money is the root of all evil.
Most of us are thought about money at home and not in school. This is one of the main reasons the rich get richer, the poor get poorer, and the middle class struggles with debt. He beautifully highlights how a different way of thinking can change what you do and achieve.
A simple example is the thought “I can’t afford it” blocks your thought process completely, and “How can I afford it” makes you start thinking about how.
Money can come and go, but if you have the financial education on how it works, you gain power over it and begin building wealth.
The Rich Don’t Work For Money
You are only poor if you give up. The most important thing is to make an effort. Being able to make quick decisions is an important skill. Life teaches you lessons without having to talk to you. It just pushes you around. Each push says, wake up I want to have something for you to learn.
Most people want everyone around the world to change but them. It is easier to change yourself rather than try to change others. The single biggest thing that separates the poor from the rich is that the poor and the middle-class work for money, and the rich let the money work for them.