What’s so special about rich dad poor dad?
It has been seen in western world, people tend to buy more then they earn so their finances gets so much distorted that after their death instead of leaving possessions they leave some unpaid bills for their next generation.
“Robert Kiyosaki” the author of the book takes a rather simplistic approach towards personal finances, but this book is more than just getting our finances to track, it gives us an insight of how to create wealth.
It has challenged our traditional way of spending money, instead of buying liabilities form our money we start buying assets. This book puts strong emphasis on the idea of paying yourself first. Let us take an example , during the starting of the month, the first thing you do is to pay your bills, but before doing so take a moment and think of putting some part of your money into your account, the saving plains you thought for, I’m not saying that you should not pay your bills , you should if you don’t then it would make you a criminal in the eyes of law, what I’m stressing on is the point that you should pay yourself first so it would force you to think before you spend your money on unnecessary shopping or dining out frequently without any reason. This book also challenges our way of thinking as we look at our house as our greatest asset, it makes us realize that critical life skills are more important than ever before. You don’t have to earn a high income to become rich the world is changing so are the rules.
