Rich dad, poor dad- by Robert Kiyosaki
This lens is about Robert Kiyosaki's life-changing book, why you need to read it and what I've learnt from it.
This book uses Robert's childhood experience learning how to build wealth from his best friend's dad. It explains in simple terms exactly what mentality you need to build wealth and how the rich think and use money to build more money.
From poor to rich
Work smarter not harder

Robert Kiyosaki made a decision early on in life, his best friend's father was a self-made wealthy man whilst his own father was a dedicated lecturer but always short of money. Robert asked his friend's father how he could make money.
The lessons he were taught were tough but he persisted and learnt the fundamental ways that the wealthy build and hold onto their wealth and how the poor remain poor.
Rich Dad, Poor Dad (for USA customers)
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Synopsis

This book contains all the fundamental thinking that you need to build success in your business and personal wealth taking you from dependence to financial freedom. The lessons come directly from Robert Kiyosaki's experience and from what he learnt from his "rich dad".
Some of this information may shock you, some of it may surprise you, but all of it can help you. It reveals why the rich don't work for money, why having money alone isn't enough without financial intelligence and how to develop skills to see opportunities others may miss.
All of this is written in a chatty style without jargon or technical language introducing key concepts that will change the way you think about money.
If you are curious about any of this or you want to get to grips with your own finances- which, at these economically worrying times is a good idea, then, read this book!
Finding a way to be financially independent of your job, or handouts will enable you to cope when the chips are down and create your own income from multiple streams. More streams of income means more resilience for the future, with the economy all over the place it's simply not safe to rely on a single job for your security.
Rich Dad Poor Dad- what I learnt.
Financial intelligence

Reading "Rich dad, Poor Dad" really expanded my horizons enabling me to peek into the mind of the wealthy and self-made rich. I got to realise that financial intelligence can be learnt just like any other skill.
I also got to learn the importance of building assets and what real assets are. I also learnt that having talent doesn't mean you will be financially rewarded, you need to build up your financial IQ to see opportunities and understand how money works.
This book was a real eye opener as I'd not really understood financial literacy where it's possible to create money.
This book will set you on the right path to financial freedom in easy steps.
My own slant on rich dad, poor dad is not to make myself very rich as I wouldn't want to compromise my concerns with the environment and my sense of social responsibility. However, learning to use leverage intelligently means that I can do more of what I want to do and less of what I don't want to do.
It is possible to continue to live by your own ethics and use the financial intelligence within the book to build the lifestyle you desire and to become independent of the rat race.
It is possible to work smarter rather than wear yourself out working harder and harder for little increase in returns. The very essence of the book is to recognise what are assets and increase your share of them whilst reducing liabilities as much as possible.
Robert Kiyosaki
Rich Dad Poor Dad
Robert Kiyosaki
Cash flow
Robert Kiyosaki
Assets and Liabilities
Robert Kiyosaki - New Rules of Money, Part 4/7: Assets Vs. Liabilities





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nextchapterlearning wrote...
Love this book! Life changing!!
Jenn
www.squidoo.com/how-to-make-hair-bows
by alexkazam
Hi- I perform magic shows at children's parties as Alexkazam the magic man!
I first worked with children in France as a "courier" helping run a se...
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