I cannot believe I haven't done a review on this book earlier! Rich Dad Poor Dad is a Financial Survivalist classic. Not only is it a must read, but it is a must read again.
The book is the story of Robert (the author) learning about the different attitudes of money. He has a "Rich Dad" (friend's father) and a "Poor Dad" (his father). In the book he compares the two different attitudes about money that his two dads have.
Some of the topics are:
- the difference between assets and liabilities
- what the rich teach their kids that the poor do not
- you house is NOT an asset
- financial intelligence
- corporations spend first and then pay taxes
- the importance of investing and entrepreneurship
Poverty is a cycle of ignorance. This book is probably my favorite first step out of the rate race!
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