RICH DAD POOR DAD
COMMUNITY REVIEW:
"SO MANY PEOPLE SAY: "OH, I'M NOT INTERESTED IN MONEY." YET THEY'LL WORK AT A JOB FOR 8H A DAY."
"Rich Dad Poor Dad is a really good starter book for your journey into personal finances and enterpreneurship"
KEY TAKE-AWAYS:
- The mindset shift from working for money to making money work for you through smart investments and entrepreneurship!
- The importance of financial literacy
- Assets vs liabilities, passive income and long-term wealth
INTRO & PERSONAL:
'Rich Dad Poor Dad' is a personal finance book written by Robert Kiyosaki that highlights the differences in mindset and financial habits between his two "fathers" - his biological father who was a highly educated government employee and his best friend's father, who was a successful entrepreneur. The book emphasizes the importance of financial literacy and building wealth through multiple income streams.
Overall, "Rich Dad Poor Dad" has inspired me to be more proactive about my finances and to focus on building assets and generating income streams. It has taught me to think more critically about my financial decisions and to shift my mindset from, at least mentally, being a passive employee to a proactive entrepreneur.There's a huge emphasis on financial education and learning to manage money wisely, rather than just working harder or saving more - as someone that usually brute forces hard work this was really interesting to read, and necessary.
After reading "Rich Dad Poor Dad" i picked up "Law of Success" by Napoleon Hill - which is a much more detailed read, it tackles success differently and adds tons of mindset changes - no matter if you're employed or not. Both books together added lots to my thinking and gave me more options in life and mostly in happiness and goals.
-L
