Rich Dad Poor Dad - Book Review

This is Robert Kiyosaki's first book. I read this last instead of first not by choice, but the other two seemed more appealing to me, but at the end of each book was a picture of this. So i thought i might as well complete the picture and understand how it all came about etc


Summary:

- For me though i read this 3rd and not first, though i thought it from the second book. To me 'Rich Dad' is a fictional character and is in fact Robert Kiyosaki in a 3rd person. I.e whatever 'Rich Dad' says is basically Roberts opinion or point of view.
Either way to me tho the character might be fictional i think most and i stress MOST points not ALL points made by rich dad 'Robert' are fictional and i think many are very relevant.
That being said, it still doesn't change my opinion of the guy, i think he's very influential and a clever man, people may say con man, but to me i think if you treat it like a sieve and take what information thats good out of the book or books and let your ego forget about the rest you can learn a lot and not get to carried away.

- I don't know if i wrote about this before, but Robert and 'Rich Dad' have also showed me that to help say or deliver a point or statement, that telling it through a story is a better way, like instead of shoving the point/ message down your throat a story if you will, kind of gift wraps the message and it seems for me anyway more easier to accept and listen too. Just my opinion however.

- Another point/statement i liked, i'm not sure if it was mentioned in this book or another Rich Dad Poor Dad book, the statement....
"Jobs are a short term solution to a long term Problem!"
I like this statement a lot, as recently a friend and co worker and my local supermarket asked me whether i'd be interested in going on the management course with him, and immediately this statement popped into my head! Yes more money would be better short term i thought! However i would be spending more hours of my day learning and devoting myself to fulfilling a job that i didn't want LONG TERM and therefore wasting my time, and i need to keep my time invested in things that will help me towards educating myself about money, business and becoming financially free.

Overall i've now read THREE books from the 'Rich Dad Poor Dad' collection, and my overall opinion is it was time WELL SPENT, it taught me many things, it opened my mind, it changed my mind shift, it changed my opinion about money and it gave me the drive to go forward and invest in myself and educate myself about money and business and escape the rat race and go on to become financially free and 'WORK SMARTER NOT HARDER'.


My highlights from the book:

- The word 'emotion' stands for 'energy in motion.'

- A job is really a short-term solution to a long-term problem,

- KISS principle -- Keep It Simple Stupid (or Keep It Super Simple)

- An asset puts money in my pocket. A liability takes money out of my pocket.

- Investing is the science of "money making money."

- Accounting is financial literacy or the ability to read numbers

- When someone sues a wealthy individual, they are often met with layers of legal protection and often find that the wealthy person actually owns nothing. They control everything, but own nothing.

- "Cynics criticise, and winners analyse"

- "You become what you study"

- 'It is true your world is only a mirror of you.'

- Job is an acronym for "Just Over Broke."

- "Earned income is money you work for, and passive and portfolio income is money working for you."