Rich Dad Poor Dad

Excerpt from Book Review of Rich Dad, Poor Dad

By Alastair Harris Platinum Quality Author

Alastair Harris

Alastair Harris

Level: Platinum



BookWorm Online Note: To state that reading Rich Dad Poor Dad changed my outlook in finances is an understatement.I did not come from a business-minded family nor business is ever my hobby.

After reading the book, I literally believed that becoming rich is not a privilege of a few but is achievable to everyone. If we just only know and grow in Financial Literacy...



Rich Dad, Poor Dad is an advice book by Robert Kiyosaki about financial lessons learned from his own life experiences and two examples of successful men - one his real Dad - a successful educator who while having succeeded in his field was forever financially enslaved and another - a friends Dad who although he starts poor ended up very rich indeed. By contrasting these two men very clear lessons are learned.



Firstly very few people get rich by working for others. The rich get so by understanding money and the importance of leverage time and effort of others, and leveraging money to make it to work for them. One classic sentence which says in my mind and which if you learn nothing else is alone worth the cost of the book, or the time to visit your public library is "an asset is something that puts money in your pocket - a liability is something that takes money out of your pocket. Hence a house is not an asset because it generates you no money, only maintenance expenses, likewise with cars and many other things people call assets. He demonstrates real assets earn income like savings, shares, rental property and businesses.



Many people criticize Robert for not spelling out a path for everyone to follow - i.e. buy this, sell that. Robert though acts as an educator - giving his readers the tools to achieve their own financial freedom through any means they wish. He recommends real estate investment or starting a business as the best means of achieving wealth. Whilst he acknowledges the risks involved he illustrates the greatest risk is to do nothing and be enslaved to a wage for your entire life.



In rating this book I give it a 10 out of 10 and if Robert reads this - my many thanks. I went on to read the whole series and you might be tempted to do the same.



About the author:

Alastair HARRIS is the main promoter for article-gems.com article directory (visit http://www.article-gems.com) and the getfinancialfreedom4u family of websites, blogs and projects, specializing in online business opportunities and education, income being generated by affiliate marketing, google, GDI, eBay, ebooks, clip flipping and more. Alastair is rated as an expert author on numerous article directories and is very open to assisting others on the internet