If you only ever read one book about understanding and making your finances work – read this one. Firstly, it is anything but a boring finances book, and secondly, its wisdom speaks volumes. It tells the story of how a young Robert Kiyosaki recognised that his hard-working father was plagued by money worries, while his best friend’s chilled out, relaxed father seemed to attract money.
Rich Dad Poor Dad is nearly twenty years old now and it is still as relevant today as it was the day it was published. That is why it still appears on many favourite book lists of the rich and famous – and it is definitely one that you should read.
Its core messages and teachings are:
- Getting your money to work for you has higher returns than working for your money
- Making money is all well and good, but the real riches lie in keeping your money
- You need to understand the difference between ‘genuine’ assets and liabilities that just ‘appear’ to be assets
- Cultivating your financial aptitude is vital: that is the ability to use your money wisely
- We all have free access to something far more valuable than a big salary – our minds