Well ! To start off, I had heard about this Self Help book from a number of sources. As far as my memory goes , 6 years back one of my friend asked me whether i had this Rich Dad or Poor Dad or not. Being an avid reader and Book lover , embarrassingly and foolishly, I replied No. I got a gaze in astonishment. Infact, even last year, I vowed to not read inspirational books or blogs or videos. That too , For no reasons. Though It was stupid of me.
Nevertheless, I finally got my hands on Rich Dad Poor Dad. But is it really worth the hype ? Does it really change your mindset ? Or it is just another book.
When I first started reading Rich Dad Poor Dad , I was sceptical as what it would teach me, that i already didn’t knew of . Was it going to be yet another Book to help me take care of my finances? If that’s going to be the case then i already read enough of Investopedia , Moneycontrol, livemint and economictimes. I might not be the Rakesh Jhunjhunwala but I am well aware of my finances. People often confuse themselves with the title. In an interview somebody asked Robert Kiyosaki “How can I get rich quick? ” Robert Kiyosaki says he’s asked that a lot, and it’s the most disturbing question he gets.
I have tried to summarise the Book in Short Phrases, even though the book is elaborated in simple and easy manner. Yet another on my list is the very famous The 5 AM Book Club by Robin Sharma and The Alchemist by Paulo Coelho. These books have the power to change your life.
Rich Dad Poor Dad is a Self Help book, Written by Robert Kiyosaki and Sharon Lechter in 1997 . The lessons are still relevant and inspires millions of people around the world.
THINK
The book teaches YOU to think independently. Yes, Think. Most of YOU doesn’t seem to do that. Because obviously YOU are busy following the herd. Right ? YOU are busy solving the puzzle that lets YOU climb the ladders by either stressing the hell out of us or pulling others down. Not just that, YOU want to do what others are doing just because THEY are successful. YOU are following it half-heartedly and thus many people end up being broke or unhappy.
People’s lives are forever controlled by two emotions : Fear and Greed.
FEAR!
Fear of not having money, Fear of failing, Fear of not getting a job, Fear of not getting good grades. Amidst all of this fearful chaos, YOU tend to lose your charm. Powerful people take advantage of this and drives YOUR life. Instead of YOU steering YOUR lives, you give them the gears of YOUR life and take a back seat. Why? Be the driver of YOUR own life. The primary difference between a Rich person and Poor person is the mindset and well of course how they manage Fear.
Kiyosaki says ,”The fear of being different prevents most people from seeking new ways to solve their problems.”
So many people say, ‘Oh, I’m not interested in money.’ Yet they’ll work at a job for eight hours a day.
MONEY!
The book says , Money is a piece of paper. Isn’t it ? Tear it into pieces and it might lose its power. Don’t let money take control of YOUR life. Also, Don’t work for money, Let Money work for YOU , which reminds me of another important lesson. Investments. As rightly said and done by Rakesh Jhunjhunwala. He is the Financial genius named as Pied Piper of Indian bourses.
“If you work for money, you give the power to your employer. If money works for you, you keep the power and control it.”
INVEST WISELY!
YOU spend most of your time working hard and saving. What most of YOU fail or do incorrectly is Invest. You who have more money so invest wisely. That’s how you can make money work for you. Kiyosaki’s mentions that Most people never get wealthy simply because they are not trained financially to recognize opportunities right in front of them. So, Don’t start big, just set aside a small amount, and invest it in stocks, bonds, Mutual Funds. Treat the money as if it’s gone forever and you’ll worry less about losing it. And Set Realistic Financial Goals
Last and one of my favorite lesson from the book
“If schools taught people about money, there would be more money and lower prices.Instead it teaches people to work for money, not how to harness moneys power”
Isn’t it thoughtful ,wise to act and implement the lessons ? Of course it is!
If you love listening rather than reading , you can always listen to the Rich Dad Poor Dad Podcast. The Paper format which i highly prefer is available in Indian Regional Languages like Marathi , Malayali, Hindi. I highly recommend that you read this Book, if you really want to change your life and see the world from an altogether different perspective,this book is for YOU.
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