A phenomenal book, one of the books I really liked a few years ago, then became one of the things that motivated me to become someone who made money at that time. Yes, everyone needs enthusiasm to make themselves have a lot of money.
Robert, a child born into a poor family, presents many stories about how he has a different perspective on money. He takes many points of view from two fathers, rich and poor, then makes it into one book that can be one of the encouragements in making decisions if you want to double your money.
No, here it is not taught something illegal like printing money which is a criminal act. Where you can conclude that your money can be very much by making some wise decisions in managing your money. But, still, managing money must be done by having money first.
Here Robert tells how he got a perspective on getting money from his two fathers. The rich father is not Robert's real father, but he is the father of his friend, Mike. Mike's father is not from someone who has a high educational background, while Robert's father is someone who has a high educational background to the point of graduating from a prestigious university.
From this book there are many lessons learned about how to become rich. Starting from the beginning, Robert asked his poor father how to become rich. Suddenly his father said that he had to make money by studying hard. Then it started with Robert's father who said that if you want to know, then come to Mike's father, because Mike's father is making a business empire and he is a rich father.
Of course, that's where it all started. Robert learned a lot from Mike's father's perspective on getting and making money. Then, Mike and Robert worked for Mike's father and they were not satisfied with the pay they got from the work they did every Saturday for 3 hours.
The first lesson about becoming RICH: Rich people don't work for MONEY.
After realizing that Robert and Mike didn't get much money from their jobs, they finally got money from renting out the comics they had. There Robert realized that he could get money by hiring other people from renting out his comics.
From here Robert understands that he can earn money indirectly from his comic rentals, because he employs his younger brother and pays his younger brother's salary from the comic rental fees he gets. Of course, the first lesson about rich people not working for money is important to Robert.
The second lesson about becoming RICH: Financial Literacy.
Mike's father said that there are many people who do not have an understanding of finance. Especially about the difference between Assets and Liabilities. For example, a HOUSE. Do you think a house is an asset?
Of course not, answered Mike's father. A house will only spend money if the house does not make money. So the house becomes a product liability, so if you want to make the house an asset, you have to rent it out. So, the house you live in now, is that an asset?
There are so many lesson about become rich from a book by Robert T. Kiyosaki: Rich Dad Poor Dad. So I think it is one of the books that will increase your understanding of financial literacy. Although there are some things that are no longer relevant to the current era, however, this is one of the books that can be a stepping stone to the next book about financial literacy. Later, I'll tell you some other things about the other books!
Call me Isdarmady, because I have a full name that is very long, namely Isdarmady Syahputra Ritonga. I am a head of the family who work as Farmers Vegetables Hydroponic and Consultant Hydroponics, sometimes I also sell coffee from various regions in Indonesia.
I have expertise dispensing coffee with a variety of techniques and tools brewing, because I have the desire to make a coffee shop with hydroponics as centerpieces. Help me realize that dream.
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I've heard and read quite a lot about this book and how both educational and informative it is. I once had the softcover, but I didn't get through to reading it.
Someway, I feel like I could tell the most of the content it holds. However, I'm all up for financial tips, so I may just read.
Amazing review, by the way.
Thank you, you must read this book, it can be a reference for learning a lot about finance.