How Reading 3 Books by Robert Kiyosaki Changed My Financial Mindset Forever
I wish I had read them 10 years ago
Robert T. Kiyosaki is an American businessman, author, and motivational speaker. He is the founder of the Rich Dad Company, which offers educational materials and seminars on personal finance and investing. I have recently finished reading these 3 books from Robert T. Kiyosaki:
- Rich Dad Poor Dad
- Rich Dad’s CASHFLOW Quadrant: Rich Dad’s Guide to Financial Freedom
- Rich Dad’s GUIDE to INVESTING: What the Rich Invest In, That the Poor and Middle Class Do Not!
After reading them, I understand why I did well in my education but still struggling in life as a poor person or middle class. I am amazed that the knowledge of personal finance can be learned by reading these books, which I was never taught in formal education. I am thrilled to write this article to share what I have learned from the books and encourage you to read them if not yet.
The difference between assets and liabilities
Kiyosaki has a straightforward yet impactful definition of assets and liabilities. Assets mean something puts money into your pocket, while liabilities take money out of your pocket. For example, the…