Rich Dad Poor Dad

Title: Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
Author:   Robert T. Kiyosaki
Recommended: ★★★★☆

Main points:

Good grades + good job = successful life THIS IS OUTDATED!!

6 Basic Lessons that help to grow.

Lesson 1 Rich people do not work for money.

Most people have a job because they are guided by fear.

Let money work for you.

Lesson 2 Why would you develop yourself financially?

Life is not about how much money you earn, but how much you have left.

Accounting rule:

You must know the difference between assets and passive and active buying.

Assets bring in money.

Liabilities taking money out of the till.

If you want to become rich than spend your life purchasing assets.

Lesson 3 Take care of your own business

Companies where my presence is not necessary. If I have to work itself is not a business, but my job.

Stocks, bonds, mutual funds, real estate which generates income, interest-bearing loans, royalties.

Lesson 4 The history of the load and the power companies

REAL ESTATE

Lesson 5 Rich people think money

Lesson 6 Working to learn - do not work for money

Three most important management skills for your business

Management of cash

Guiding people

Managing your time.

LET MONEY WORK FOR YOU

Amazon link: http://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680011