Sunday, June 5, 2011

The Book that Inspired Me to be Financial Free

I have always loved reading. When I was young it was story books like the Famous Five, Three Investigators, Secret Seven and so on. Now my prfrence have changed. Now I look for books that inpire and motivate me. One such book is Rich Dad Poor Dad by Robert Kiyosaki. People have called the author a quack, saying that his rich dad don't exist. But who cares cause his message in his book is what I'm looking for.

Rich Dad Poor Dad
Well, I've just finished reading Rich Dad Poor Dad by Robert Kiyosaki for the 7th time (I like reading good books over again). This is a wonderful book that gives you simple insights on ways of handling your personal finances. It has helped me a lot. I'm not a millionaire yet but luckily someone gave me this book before the current economic downturn. I'm able to weather through.
The insight into the difference between your assets and liabilities is really good and simple to understand, which I found it to be true with purchase of gold jewelry (I have always thought that buying gold was a good investment as gold prices increase but found out otherwise).
It also got me thinking of the purchase of a house too.
You will also find out that specializing in your job is not as good you think, as it makes you more dependent on your job. This I have also found to be true with my job. I've always thought that by specializing in only things related to my work, will give me job security but as what Robert Kiyosaki states that it is not always the case. It's true, believe me.
Read the book and judge it for yourself. Just remember that this is not a GET RICH QUICK book but it gives you ideas that will open your mind to different ways of becoming financially successful. It might not make me a millionaire but I'm sure it will make me financially free and out of the rat race

Personal Financing Planning with Robert Kiyosaki