Monday, July 26, 2021

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! By: Robert T. Kiyosaki

 I normally do not read these kinds of books.  However this one came highly recommended.  I wish I would have read it years ago.

This was a great book.  It really has a lot to do with common sense.  It gives you information that you normally would not think of until you know it.  Once that happens, you cannot un-ring that bell. Although Kiyosaki is heavy in RealEstate and right now the Florida (where I live) market is a seller's market since the mass exodus from New York and other left run states, I want to look into how best approach it.  The message was crystal clear though regarding assets.  I found myself telling my sons the same thing his poor dad told him. 

Actions I have taken:

  • Mandated that my sons read the book and continue to read it multiple times.
  • Ordered the Cashflow 101 and 202 and will play it weekly with my kids.
  • Moved a sum of money to an investment account.
  • Opened another corporation 

I have other books on my list now that are around investing.  I am at an age where retirement is actually something I need to think about as opposed to thinking that it was decades away.  

ASIN ‏ : ‎ B07C7M8SX9
Publisher ‏ : ‎ Plata Publishing (April 11, 2017)
Publication date ‏ : ‎ April 11, 2017
Language ‏ : ‎ English
File size ‏ : ‎ 9808 KB
Text-to-Speech ‏ : ‎ Enabled
Enhanced typesetting ‏ : ‎ Enabled
X-Ray ‏ : ‎ Enabled
Word Wise ‏ : ‎ Enabled
Print length ‏ : ‎ 336 pages
Lending ‏ : ‎ Not Enabled

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