“Rich Dad, Poor Dad”, By Robert T. Kiyosaki; Teaching To Become Rich

Once again a book that invites you with best seller titles but you wonder whether it will be good or not since you do not know the author at all. Rich Dad, Poor Dad is one such book that I have looked at many times but never read till now. But my experimental streak got better off me recently and I ended up reading this book. It belongs of genre of self-help and deals with financial independence. Robert T. Kiyosaki has written this book along with Sharon L. Lechter and it is based on his growing up under the shadow of two influential men and how he learnt things that helped him to become rich.

His idea of becoming wealthy is when your assets start generating monthly income that is more than your monthly expenses and you do not remain dependent on regular job to cover your expenses. He has mentioned about various methods that he has used throughout his life to get to that stage. Most of his advice is about dealing in real estate and some of it related to stock market. His ideas are interesting and I am sure must be useful to many people. At the same time, it is not as easy as he makes it out to be.

I liked his definition of being wealthy and that is a dream come true for lot of people when they do not have to depend on their regular job and they can think of doing things that they like without worries about next pay cheque. The book is written in very simple language and is easy to read. This is the first requirement of self-help genre otherwise readers will leave it in between. Whether the advice will work or not is secondary but it should sound easy. I am not sure whether I will get rich based on his advice but I did end up buying few books based on his recommendations and I will write about them some other time.

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