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Chitika

Wednesday, May 6, 2009

Rich dad,Poor dad review

name : rich dad,poor dad what the rich teach their kids about money that the poor and middle class do not.

authors : robert t. kiyosaki and sharon lechter

pages : 266

contents

introduction( there is a need)

1 . rich dad,poor dad

2 . the rich do not work for money

3 .why teach financial literacy

4 .mind your own business

5. the history of taxes and the power of corporations

6 .the rich invent money

7. work to learn--don't work for money

8. overcoming obstacles

getting started

9.getting started

10.still want more


epilogue

college educaton for $7000

about the author(s)

robert t. kiyosaki

he is business man ,investor,author and inventor of cash flow technologies inc and founder of several games, cash flow based.

sharon lechter

she is CPA,author and co-founder of the cashflowtechnologies inc.

overview

co-author sharon lechter says , in introduction , how she met the author robert t. kiyosaki and how they began working together.

author describes how the rich teach their kids about money that the poor and the middle do not teach.according to Robert's words ,the poor and
the middle always

think that their life will be secure if they get good grades in school and get good job in big company, which is not real.kiyosaki illustrates with examples , so many people
who got good grades in school and has got good job in big company are also struggling with financial problems because of lack of financial intelligence.
because financial intelligence is never taught in schools and in homes properly.all parents tell their kids "to get grades in schools and
goog job in big company, your life will be secure"but kids get grades ins school and good job in big company but they do struggle their life paying all bills and taxes
and unfortunately they too suggest their children to do something.this is continuous process which is called rat race in
author terms.author says all have to come out of this rat race,to do that everyone has to improve one's financial intelligence in order to become rich.
he explains how to come out of this rat race with examples of his two dads(rich dad and poor dad) rich dad is his friends dad
,he didn't complete his eight standard, but financially well settled,form whom he learns tips to improve his financial intelligence.
poor dad is his own dad,he completed his PHD degree ,got good job but he is financially struggling.

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