Saturday 17 August 2019

RICH DAD, POOR DAD



The book teaches everyone why is it necessary to have financial education. The story is of the author himself. The book starts from his childhood where he wanted to be rich as other kids in the school. He had two fathers- rich one and the poor one. One was highly educated and intelligent while the other never finished his 8th standard. His own dad was poor and his rich dad was his best friend's father. Both were successful in their career. Both earned but one always struggled financially and left bills to be paid when he died. The other became the richest man who left millions of dollars to his family after his death. Both had different viewpoints about money. One believed that 'love of money' is the root cause of all evil while the other would say 'lack of money' is the root cause of all evils. The author had two paths to choose and he followed the path of his rich dad. The author has shared his personal example on how his small and simple maths calculation made him rich. He also tells how education systems are training future generation to work for money. He thinks that to become rich, one needs financial IQ and not money.




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