Thursday, February 09, 2006

Rich dad Poor Dad and Rich Dad's Cash Flow Quadrant


Rich Dad, Poor Dad and Rich Dad's Cash Flow Qudrant by Robert Kiyosaki and Sharon Lecter.

These are the first books I've read concerning Financial education.


Some Thoughts:

  • Rich Dad would ask," How can I afford it?" instead of saying "I can't afford it." He doesn't mean buy anything you want but He is pointing out to the mind set.
  • Money is a tool. It is not a god. So don't work for money, let your money work for you.
  • FEAR and GREED - these drives people.
  • Control your emoption, esp when it comes to money.
  • Do not be afraid to be disappointed.

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