Rich Dad Poor Dad by Robert Kiyosaki

How many of you have problem with your finance? Money problem? Money always not enough? Or Money too much. All are still money problem.

Read this book, Rich Dad Poor Dad. It is simple, easy to understand and fun to read. Each topic is short and precise. Not much details but mind opening.

It has changed my life, and I believe it will help you too.
Get it today, it is available in all bookstores. Also visit his website at http://www.richdad.com.

From WikiPedia
The book is largely based on Kiyosaki’s upbringing and education in Hawaii, although the degree of fictionalization in his anecdotes is disputed. Because of the heavy use of allegory, some readers believe that Kiyosaki created the Rich Dad character as an author surrogate (a literary device), discussed further in the criticism section below. The book highlights the different attitudes to money, work and life of these two men, and how they in turn influenced key decisions in Kiyosaki’s life.

Among some of the book’s topics are:

• the value of financial intelligence
• that corporations spend first, then pay taxes, while individuals must pay taxes first
• that corporations are artificial entities that anyone can use, but the poor usually don’t know how

According to Kiyosaki and Lechter, wealth is measured as the number of days the income from your assets will sustain you, and financial independence is achieved when your monthly income from assets exceeds your monthly expenses. Each dad had a different way of teaching his son….

Many readers believe that the “Rich Dad” in the book is actually the founder of Hawaii’s widespread ABC Stores.

Keith Cunningham claims to be Kiyosaki’s “Rich Dad” during a keynote address at Anthony Robbins’s “Wealth Mastery” seminar[citation needed]. This is highly unlikely not only because of the closeness in the ages of Cunningham and Kiyosaki, but also because Kiyosaki had stated in his books that “Rich Dad” had died in 1994. In addition, Kiyosaki mentions Cunningham as “a dear friend of mine” on page eighty-five. Some have claimed that “Rich Dad” was a person named Richard Kimi, the deceased founder of Sand and Seaside Hawaiian Hotels.

Quotations

• “Saving Money Won’t Make You Rich.”
• “Physical exercise improves health, mental exercise improves wealth, laziness destroys both.”
• “A true luxury is a reward for investing in and developing a real asset.”
• “Remember the Golden Rule. He who has the gold makes the rules.”
• “The only way to get out of the ‘rat race’ is to prove your proficiency at both accounting and investing, arguably two of the most difficult subjects to master.”
• “I have mentioned before that financial intelligence is a synergy of accounting, investing, marketing and law. Combine those four technical skills and making money with money is easier.”
• “Most people are poor because when it comes to investing, the world is filled with Chicken Littles running around yelling, ‘The sky is falling. The sky is falling.’”
• “Many of today’s youth have credit cards before they leave high school, yet they have never had a course in money or how to invest it, let alone understand how compound interest works on credit cards.”
• “The poor and middle class work for money. The rich have money work for them.” (P30).
• “The trouble with the rat-race is that even if you win, you’re still a rat.”
• “Mind your own Business”