The financial world we live in is just as wild, if not more, than the mountains and woods we walk through. We are told that the fundamentals of our economy are strong, but we can feel that something is wrong. My unique financial background and survival passion make Financial Survivalist and excellent place to learn and share.

Wednesday, August 8, 2012

Rich Dad Poor Dad by Robert Kyosaki


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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