Book Review - Rich Dad, Poor Dad

I found a copy of this book and started reading it leisurely. 


Some of the main points I found are:

• Assets => generate money for you
• Liabilities => take money for you

If you use this logic, car and home would be liabilities!

It’s the differentiator between his “poor” dad (his real dad), and the “rich” dad that helped him understand business and become wealthy.

1. The rich don’t work for money
2. The importance of financial literacy
3. Minding your own business
4. Taxes and corporations
5. The rich invent money
6. The need to work to learn and not to work for money