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Friday, November 23, 2007

Rich Dad Poor Dad

I love the 'Rich Dad Poor Dad' books. As a result of these books and the philosophy of Robert Kiyosaki, I kick-started my retirement . . . really. For me, it involved research on real estate, working with a realtor and mortgage investment advisor and purchasing two rental homes. I didn't do it with alot of money.
Read this book; it will change your life.



Rich Dad, Poor Dad is Robert Kiyosaki's first best-selling book. It advocates financial independence through investing, real estate, owning businesses, and the use of finance protection tactics.
Rich Dad, Poor Dad is written in an entertaining anecdotal manner to make finances interesting. The most central element stressed by Kiyosaki is the advocacy of owning the system or means of production, rather than being an employee of someone else.The Poor Dad in the story is based on Kiyosaki's real father, a PhD holder and graduate of Stanford, Chicago, and Northwestern University, all on full scholarship, who was the head of the Education Department of the State of Hawaii. In the book, he is greatly respected until circumstances reveal he never learned to handle money, and depending on his employer for support, he dies in severe debt.
In contrast to this character is Rich Dad, his best friend Michael's father. Rich Dad dropped out in 8th grade, but became a self-made multi-millionaire regardless. He teaches Kiyosaki and Michael a variety of financial lessons, and insists that the boys learn to make money work for them to avoid spending their whole lives working for money, like Rich Dad's employees, as well as Poor Dad, and indeed most of the people in the world.
Patricia, Editor

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