Rich Dad Poor Dad

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

Yes it’s a bit gimmicky but if you’re serious about improving your personal finances the Rich Dad philosophy is worth reading about.

I was a little challenged by this book as some of Kiyosaki’s personal views and friendships do not match my own but that’s ok. I still found a lot of value in this book. Biggest take away was his take on savers being losers. At first I was thinking what the f*ck! But the more I mulled over it I realised he is right. With interest rates as low as they are right now our money in the bank is going nowhere. The best term deposit I could find was 2.4%. Is that even keeping up with inflation? You have to have your money working for you and the book gives you plenty of ideas for that.

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