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Sunday, January 6, 2013

Rich Dad Poor Dad By Robert Kiyosaki: A Review

By Robert David Strong

In a environment that revolves around money, financial advice is a precious thing. The method that you manage your hard earned money could be the difference between success and failure in accomplishing your primary goal. Because of this, lots of people are now investing lots of money in sound financial advice. These people vary from highschool dropouts to CEOs along with postgraduate degrees in financial related fields. They pay experts in colleges and universities to enable them to chose a much better solution to make money; save the money they've earned and spend it properly. Other people spend hours and hours and cash attending workshops plus classes in every state in which talks are given with regards to money associated challenges. Only one book seems to cover all of the basics and this is possibly what has made it the most effective when it comes to delivering financial help to people from all parts of society. Rich Dad Poor Dad by Robert Kiyosaki is really a book which has earned acclaim inside nearly all sectors. In reality, many internet marketers and corporate executives have attested to this, stating it has changed their lives as far as financial management is concerned.

Rich Dad Poor Dad is the story of just one man (the author who's also the narrator) who takes financial tips from the two 'dads' in his life. The recommendations is, however, offered to him in two totally different ways. His biological dad, whom actually is the poor dad, offers him financial advice the good old way - go to school, work hard, get a's and b's, get a good occupation, do your best at that profession and routinely rise your way up the corporate ladder. However, the rich dad, who is his best friend Mike's dad, gives him advice in a way unlike anything he's ever heard before. The advice centers mainly on financial management and ways to concentrate only on the important things in order to achieve your goals as far as money is concerned. After a short while, it is clear to the narrator as to that tips he need to follow. This comes at the moment when he looks at his really educated father working hard to achieve his financial goals while his best friend's dad, the rich dad, is there.

In Rich Dad Poor Dad, Robert Kiyosaki provides 6 coaching that he says are very important as far as managing one's money is concerned. Firstly, he admits that the wealthy do not work for bucks. Prosperous men and women do whatever they love given that they have an interest in it and enjoy doing it. The monetary aspect of it appears naturally after this. Next, the writer highlights the importance of financial literacy. As long as this particular lesson is not shown in schools, says Robert Kiyosaki, individuals will always be very poor financial professionals. It is therefore important for people to learn as much pertaining to finance and money as possible.

Another point is what he calls 'minding your own business'. The rat race, or trying to keep up with the Joneses, certainly is the best way to fail in your financial ambitions since you will always try to be like someone else whose goals are different from your own. The 4th point is to know all you can know about taxes and corporations as these 2 are here to stay. 5th, he speaks about how the prosperous create money by generating online business offerings. In the last point, Robert Kiyosaki says that there is a need to work to learn and not to work for dollars. In fact, he advocates that you ought to make money work for you.

Rich Dad Poor Dad, Robert Kiyosaki is introduced in a number of chapters with just over Two-hundred pages. There are just several characters in the book - the narrator, his biological dad (the poor dad) and his best friend Mike's dad (the rich dad). Rich Dad Poor Dad premiered in April 2000 as a book in the usa and is accessible in both paperback and hardback. The article author was born in The late 1940s in Hawaii and is an investor, a business man and motivational speaker. Rich Dad Poor Dad has composed over 15 books on the subject of financial literacy. These books have sold more than 26 million copies around the world. He graduated from the U.S Merchant Marine Academy in 1969 and served as a gunship pilot in the U.S Marine Corps in the Vietnam War in 1972. In 1975, Robert Kiyosaki eventually left the military services and started his career as a sales agent for the Xerox company. Robert Kiyosaki in addition has developed wealth while in the mining industry. He has been wedded to Kim Kiyosaki since 85.
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