I really admire the “Rich Dad Poor Dad” Book by “Robert Kiyosaki”. In his book, Robert has discussed the 6 lessons than positively affect your life.
- The Rich Don’t Work for Money
- Why Teach Financial Literacy?
- Mind Your Own Business
- The History of Taxes and the Power of Corporations
- The Rich Invent Money
- Work to Learn Don’t Work for Money
One of the most interesting things that Robert has talked about in this book is about cash flow. He says while buying anything, see if the object is an asset or a liability. According to him, an asset is what makes money for you while liability is what makes you spend more on that object.
Rich people are rich because they buy assets and the poor are poor because they buy liabilities. This book will teach you a lot.