Re: Rich Dad - some of the best books I have read - Posted by Suzanne
Posted by Suzanne on February 04, 2002 at 15:23:08:
I got alot out of Rich Dad/Poor Dad and Cashflow Quadrant books also. It changed my mindset. That is why I am here and getting into real estate. I just ordered his game cashflow 101 to learn how to manage money.
What many people do not see is that he is writing to show you some of the options that are available, and that you don’t need to have money to make money. I do not know how many people are stuck in a rut because they believe that they have to have money in order to get into anything that can create money for them.
I seriously believe he talks about investing and real estate to let people know that it is not only a viable option, but to also show that if you do not have some type of money working for you, you will always be just getting by. He calls that being stuck in the rat race. He is not writing to give you how to advice.
He is writing to make you think about how you handle your money, what you invest your money in, and to challenge your mindset from the mindset from thinking pay check to paycheck to accumulating wealth so you don’t have to rely on that next check.
Many people have a mindset that they will just get by in life because that is all their job affords them, or that they have no hope of getting extra money let alone rich. Many don’t even understand the basics of how to handle or manage their money let alone how to create it. If they did, why do we have such a big credit card problem in almost every household?
I was taught in highschool in home economics calss on budgeting that the teacher taught to pay the minimum on the credit card and use the extra money towards something I wanted. I remember the teacher correcting me when I applied extra money to pay down the credit card. Most of the time when I hear about the credit card problem in the news or other major media sources it is about how many credit cards a person has or how much they wracked up in bills. They do not touch on how much interest is being paid on those cards. Only a very few organizations touch on that aspect.
The rich dad series is not for everyone. It is not for those who are happy with a paycheck each week or month. It is not for those who already know how to think outside of the rat race and out side of the just get by sydronm. It is not for those for whom poverty has become such a comfort zone that if they stepped outside of that zone they would have a heart attack. It is for those like myself looking for a way out, and never have been taught how to get out.