We have been told that if we study hard and get good grades we will find a good job or career. However, as author Robert T.Kiyosaki points out in Rich Dad, Poor Dad, people work hard all of their lives in what he has labled as the "rat race" and yet they still find themselves deep in debt and struggling. The sad truth is that we continue to repeat this process from generation to generation. What then is the difference between the rich and the non-rich? What do the rich do differently that allows them to successfully achieve wealth?
When I told a friend that I was reading this book he said that he started to read it years ago but found it to be too nebulous. After reading the first few chapters I could see why he felt this way. This book does not contain a magical pathway to becoming rich quick. Instead, it teaches the way the rich think about money and the way they respond to opportunities to make money.
Kiyosaki's dad had a Ph.D. and was an educator and public administrator. Yet when Robert and his friend, Mike, asked him how they could become rich he told them he didn't know and they should instead ask Mike's father. Mike's father never finished eighth grade yet he was very successful in his career. When the boy's asked him how they could become rich he taught them lessons that are not taught in school. Robert's father, although highly educated and successful in his career, struggled financially. He is known in this book as the "Poor Dad." Mike's father is known as the "Rich Dad."
Kiyosaki shows the reader how to get out of the rat race through the six lessons taught by Mike's Dad. This book exposes the reader to new possibilities in their relationship with money. It challenges our historical way of thinking of money and shows us examples of the results that can be achieved by changing the thought processes related to money. He teaches that total financial self-reliance cannot be compromised. He addresses the benefits of owning your own business as well as the tax advantages of owning a corporation. Too many people will read this last sentence and immediately think, "I certainly do not see corporate ownership in my future so this book is not for me." If you thought this as well, then you currently possess the thought process that is the polar opposite of the Rich Dad's way of thinking. If you would like to change your relationship with money, read this book today. It is a must-read for anyone serious about improving their financial situation.
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