Review of rich dad and poor dad
I picked this book randomly because of its purple cover. I literally thought that this book was a novel, like one of those cheesy Mills and Boons.
It had a purple cover, and it immediately took my attention because normally book covers have light colours and dark fonts, and even if they use a dark colour on the cover, it is rarely purple.
The book stood out among other books at the shelf. It gave all impressions of a romantic novel and fooled me into buying it. I bought it at the time when I used to buy books in bulk and not read what was written on them. Those were my college days and I would read anything I could lay my hands on.
At that time, I never had any thoughts of becoming rich and I was pretty much happy in my life since my expenses were paid by my father. Those were the days when I asked God only for a girlfriend and to pass all semesters without getting any backs.
But I digress.
The book tells the story of Robert Kiyosaki, who is the author of the book too. In the book, he talks about the time when he was a kid, how he motivated himself to become rich and chose a life that his father would have never approved of him. It all happened when he met a man who changed his entire thinking about life and finances.
It can be said that the book is a part autobiography and a part business lesson book.
The author narrates you the story of his childhood when he met the father of his friend who was an extrovert, rich, clever, street smart and go-getter businessman, unlike his own father who was a school teacher. According to Kiyosaki, his father was a man of ethics, he had stern and conformist thinking. He believed that money should only come from hard work and life is all about doing hard work. He believed that a man needs to earn enough money to pass his life and not too much as too much money causes evil. To him, life’s purpose was to build a house, have a family, live happily ever after and save oneself from the redundant luxuries of life. He was a lower-middle-class man who never took much care of his finances.
However, when the kid Kiyosaki met his friend’s father, he had a polar opposite philosophy and he believed that money is the most powerful and the most beautiful thing in the world. He would do multiple businesses and earn money from wherever he can. The Rich dad of Kiyosaki would run expensive cars and live like a king. Unlike his father who had a steady job, the rich dad had multiple sources of income. The rich dad had also invested his money into several places from where he constantly kept getting more money back. The rich dad enjoyed his life way more than his own dad.
The book talks about the assets and liabilities and how anything that doesn’t bring you money back is not an asset but a liability like your house or your car. Your house or your car doesn’t bring anything back but every year you have to spend more and more money on it to make it survive more. So, they are not an asset but a liability according to the author.
There are so many points I agree with Robert but the problem is that at times he has made everything too specific in the book. According to him, to become rich there are no two ways about it. It is either his way or there is no way. I think that is the reason the book has faced a certain backlash.
A lot of books emphasize the importance of their concept to the readers but the problem with the book here is that it mostly about how to secure your finances in real estate.
There are actually myriads of ways to invest money and earn money and the principles should be more universal.
I like the story part and motivational part of the book as most of the technical part doesn’t even apply here in India. Those laws are not valid here.
I face similar problems when I am reading Tony Robbins or a Warren Buffet book. I have to pick and chose my content from it as most of the content is relevant in US, but not in India.
For example, I agree with Kiyosaki when he says that the rich man doesn’t work for money rather, they create their own money, invest in right deals and invest in themselves to make themselves better. So to like this book, you have to be involved rather than take Kiyosaki’s word for it. For him, real estate is a big deal and actually, it is, but it is also true that it is not everyone’s area of interest.
There has been severe criticism of the book on many blog sites and review websites. It is completely agreeable that the methods presented in the book might not work for everyone. But then even the most agreeable science laws do not work all the times. There are always exceptions to the rules. Also, it depends on the intellect of the reader what to chose and what not to choose depending upon one’s circumstances. I don’t think the author intends people to take every word of the book as gospel. A man should always depend on his own intellect while trying to gain knowledge.
I have read the book a long time ago and it really affected my psyche at that time. The little streak I have inside me of becoming something of my own has been contributed by books like these.
Anyone who goes through the book will find it highly motivating and will definitely give it an afterthought on how to do things effectively and how to become rich. Of course, not everyone is going to become a real estate agent. I think what Robert tried to do in this book was to tell the world how he became rich and what are the things that worked for him. That does not mean that it would work for everyone, but that also does not mean that it wouldn’t work.
The book needs to be read at least once because no matter how much criticism it faced, it seemed to have worked for many people. The people, who believed in the book once but later when didn’t work for them exactly the way they had thought, they have been criticizing the book again and again. For me, it was a good book and I can vouch that it helped me.
TO PURCHASE BOOK (RICH DAD AND POOR DAD )
CLICK ON THE LINK BELLOW
THEANKS !
Comments
Post a Comment