Saturday, October 3, 2009

Review: Rich Dad Poor Dad 6 Lessons

Review: Rich Dad Poor Dad 6 Lessons

Rich Dad Poor Dad is my Most favourite book. If this book came into my hand 10 years before (IN 2000) than today I would have more Successful and richer in my life. The author Robert T. Kiyosaki tells the story about his 2 dads – One is his real dad whom he call Poor dad while the other Dad is his best friend mikes’ dad whom he call Rich Dad.

Robert gives 6 Lessons about Money that he learned from his rich dad in his Ney York Time Best Selling Book – Rich Dad Poor Dad. Here are those 6 Lessons on Money.

Lesson: 1 The Rich Don’t work for the Money -

Robert’s Rich dad told him that, Rich don’t work for money but their money work for them. Now, How to make money work for you? Well, by doing a Business & Investments. Investment means making your money work for you harder rather than you work hard for the money.

Lesson: 2 Why Teach Financial Literacy? -

In this lesson. Robert teaches us the importance of financial literacy. According to him, the reason why most of the people struggle financially is because they don’t know the difference between 2 financial words – Assets & Liabilities. According to him, an Asset is something which is likely to put money into your pocket while a Liability is something which will take money out of your pocket.

Lesson: 3 Mind your own Business -

In this lesson, Robert’s rich dad teach him that, you can’t teach everything to everybody in this world. So rather than wasting your time behind teaching those people who don’t understand anything just focus on your own Business.

Lesson: 4 The History of Taxes and The Power of Corporations -

Here Robert’s rich dad teach him the history of taxes and the power of the corporate structure. How Rich people use the Corporate structure in their favour to avoid taxes and get richer and richer over the time is the main theme of this lesson.

Lesson: 5 The Rich Invent Money -

Here Rich dad teaches us that, How Rich people work less, use their mind more and Invent money out of the thin air.

Lesson: 6 Work To Learn – Don’t work for Money -

This Lessons is all about the basic financial advises. This lesson will teach you that what rich people teach their kids that poor and middle class don’t?

Thus, all the lessons about money are reading worthy. This book is a Best Investment in your financial knowledge.

0 comments:

Post a Comment