Rich Dad Poor Dad by Robert Kiyosaki

200px-Richdadpoordad
 

You will find that the greatest authors of literature only recommend truly great pieces of literature. Take Rich Dad Poor Dad by Robert Kiyosaki as a nice example. I purchased this book on the bequest of my Success Principles coach Michelle O’Connell. The railway life had given me a nice living; I earned a good salary, had fantastic death in service benefits and a great retirement plan. Yet for the large majority of my life I had been in debt. Over the years I had developed an uncanny knack of spending more than I earned and it had reached its breaking point.

What I loved about Kiyosaki was his belief that the school education system was flawed. It was something that I strongly agreed with and so I jumped on every word that Kiyosaki printed in his book. Just like The Goal there was also a story interwoven with his education, which led to an improved learning process.

Kiyosaki made creating money seem very simple. It was the first time I had learned phrases such as passive income and the difference between good debt and bad debt. Once again I wondered where my financial education was during my schooling years? Allen Carr and Jack Canfield had opened my eyes to some worldly truths and Kiyosaki was about to do the same. Could I really get myself out of debt and create an income stream that was passive?

At the end of Rich Dad Poor Dad I bought every single book that Robert Kiyosaki had published. Furthermore, I bought every single book he recommended about management of real estate, paper assets and commodities such as gold and silver. I even joined the Rich Dad Poor Dad coaching system and once again paid thousands of dollars for the privilege, only this time I understood that I was creating good debt.

You never truly understand what life has in store for you or how it works its self out. All I know that as I write this blog post I am no longer in debt and am working very hard to create a life that includes streams of passive income. The one thing I would have liked to have read more about, and found a little lacking, was how to get out of debt. But the little he covered must of made an impact because here I am – debt free.

Rich Dad Poor Dad is a must read for anyone serious enough about changing their lives. There is no shame in admitting that money is very important if you want to have a successful life. It taught me many things, and the way that I manage my money today is vastly different from before the time I read Rich Dad Poor Dad, and for that I have Kiyosaki to thank.

What is the most influential book you have ever read? Please share it with us.

Inspiration

Clawing my way out of debt was a monument achievement for me. It wasn’t a fun-filled path and the way it all worked out was certainly unorthodox, but I feel it was The Law of Attraction at work, sprinkled with a little bit of Rich Dad Poor Dad magic dust.

If you are going to be successful in life then you need to have a good system of managing your income. You need to understand how to reduce costs and also how to increase revenue. You need to invest your money wisely and make sure that it works for you. Robert Kiyosaki makes it all seem simple and to him it probably is. That means that it is simple to us as well. All you need is an open mind, the knowledge contained in this book, drive and the ability to overcome your fear.

Comments

  1. I read “Rich Dad Poor Dad” several years ago. Actually I found it at an airport while waiting for my flight. I agree that this sort of thing would be very profitable if taught in the educational systems. The earlier children learn about money issues the better off they will be once they reach adulthood. Some of the subject matter being taught could be dispensed of without any negative effects, but teaching life skills whether financial or other, would never go amiss.

  2. And once again, you have added to my TBR list! I will never get my books written at this rate. Loving the articles though, thanks!

Speak Your Mind

*

Powered by WishList Member - Membership Software